Nordson Corporation (NDSN) – What Are Researchers Thinking About This Stock?

Shares of Nordson Corporation (NASDAQ:NDSN) have been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $326.57.

Several research firms have recently weighed in on NDSN. Oppenheimer increased their price target on Nordson from $335.00 to $370.00 and gave the stock an “outperform” rating in a research note on Friday, August 21st. Wall Street Zen upgraded Nordson from a “hold” rating to a “buy” rating in a research note on Saturday, September 26th. Robert W. Baird upped their price objective on shares of Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a report on Friday, August 21st. DA Davidson reiterated a “buy” rating and set a $345.00 target price on shares of Nordson in a research report on Thursday, August 20th. Finally, Weiss Ratings upgraded shares of Nordson from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, September 2nd.

Nordson Stock Up 1.0%

Nordson stock opened at $321.98 on Tuesday. Nordson has a twelve month low of $223.29 and a twelve month high of $339.12. The firm has a 50 day moving average price of $322.59 and a 200-day moving average price of $293.55. The company has a market capitalization of $17.93 billion, a P/E ratio of 32.56, a P/E/G ratio of 2.07 and a beta of 0.99. The company has a quick ratio of 1.18, a current ratio of 1.82 and a debt-to-equity ratio of 0.47.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, beating the consensus estimate of $3.09 by $0.16. Nordson had a return on equity of 20.49% and a net margin of 18.63%. The business had revenue of $817.67 million for the quarter, compared to the consensus estimate of $779.49 million. During the same quarter in the prior year, the business earned $2.73 earnings per share. Nordson’s revenue for the quarter was up 10.3% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, equities analysts predict that Nordson will post 11.86 EPS for the current year.

Nordson Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Thursday, September 10th were issued a $0.94 dividend. This is a boost from Nordson’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $3.76 annualized dividend and a yield of 1.2%. Nordson’s payout ratio is 38.02%.

Insider Activity at Nordson

In other Nordson news, CAO Joseph M. Rutledge sold 684 shares of the stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $309.38, for a total transaction of $211,615.92. Following the sale, the chief accounting officer owned 2,134 shares in the company, valued at $660,216.92. This represents a 24.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Daniel Hopgood sold 1,329 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $334.29, for a total value of $444,271.41. Following the completion of the transaction, the executive vice president directly owned 4,758 shares of the company’s stock, valued at $1,590,551.82. The trade was a 21.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 2,273 shares of company stock worth $743,247. Corporate insiders own 0.84% of the company’s stock.

Institutional Trading of Nordson

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Apollon Wealth Management LLC increased its position in shares of Nordson by 19.4% during the third quarter. Apollon Wealth Management LLC now owns 2,497 shares of the industrial products company’s stock valued at $819,000 after buying an additional 406 shares during the period. Norris Perne & French LLP MI boosted its position in shares of Nordson by 189.5% in the third quarter. Norris Perne & French LLP MI now owns 52,032 shares of the industrial products company’s stock valued at $17,059,000 after acquiring an additional 34,057 shares during the period. Signaturefd LLC boosted its position in shares of Nordson by 30.7% in the third quarter. Signaturefd LLC now owns 1,327 shares of the industrial products company’s stock valued at $435,000 after acquiring an additional 312 shares during the period. Citizens Financial Group Inc. RI boosted its position in shares of Nordson by 123.5% in the third quarter. Citizens Financial Group Inc. RI now owns 1,985 shares of the industrial products company’s stock valued at $653,000 after acquiring an additional 1,097 shares during the period. Finally, Sowell Financial Services LLC purchased a new position in Nordson during the third quarter valued at approximately $226,000. 72.11% of the stock is currently owned by institutional investors.

About Nordson

Nordson Corporation (NASDAQ: NDSN) is a global manufacturer of precision dispensing, fluid management, and inspection equipment. The company develops systems used to apply adhesives, coatings, sealants, polymers, and other materials with controlled precision in manufacturing and production processes.

Nordson’s products include hot-melt and liquid adhesive dispensing systems, industrial coating equipment, pumps, valves, tubing, and related components. It also provides equipment and technologies for testing, inspection, and the management of fluids and materials.