Nordson Corporation (NASDAQ:NDSN) Given Average Recommendation of “Hold” by Brokerages

Shares of Nordson Corporation (NASDAQ:NDSN) have earned an average recommendation of “Hold” from the nine analysts that are currently covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $308.4286.

A number of equities analysts recently issued reports on the company. Wall Street Zen cut Nordson from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. BNP Paribas Exane increased their target price on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday. Oppenheimer increased their target price on Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a report on Tuesday, February 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordson in a report on Friday, March 27th. Finally, DA Davidson reiterated a “buy” rating and issued a $335.00 target price on shares of Nordson in a report on Thursday.

Insider Transactions at Nordson

In related news, CEO Sundaram Nagarajan sold 41,800 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $293.26, for a total value of $12,258,268.00. Following the completion of the sale, the chief executive officer owned 64,824 shares in the company, valued at $19,010,286.24. The trade was a 39.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Joseph P. Kelley sold 8,725 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $293.04, for a total value of $2,556,774.00. Following the completion of the sale, the executive vice president owned 7,268 shares of the company’s stock, valued at $2,129,814.72. The trade was a 54.56% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 77,393 shares of company stock worth $22,549,703. Insiders own 0.84% of the company’s stock.

Institutional Investors Weigh In On Nordson

Hedge funds have recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership increased its position in Nordson by 314.9% in the second quarter. Arrowstreet Capital Limited Partnership now owns 10,894 shares of the industrial products company’s stock worth $2,335,000 after buying an additional 8,268 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of Nordson during the second quarter worth about $8,594,000. Cerity Partners LLC grew its position in shares of Nordson by 23.6% during the second quarter. Cerity Partners LLC now owns 14,122 shares of the industrial products company’s stock worth $3,027,000 after purchasing an additional 2,692 shares in the last quarter. Daiwa Securities Group Inc. grew its position in shares of Nordson by 2.4% during the second quarter. Daiwa Securities Group Inc. now owns 10,362 shares of the industrial products company’s stock worth $2,221,000 after purchasing an additional 244 shares in the last quarter. Finally, State Street Corp grew its position in shares of Nordson by 4.7% during the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock worth $636,375,000 after purchasing an additional 133,229 shares in the last quarter. 72.11% of the stock is owned by institutional investors.

Nordson Trading Up 1.1%

NDSN stock opened at $289.90 on Friday. Nordson has a 52 week low of $191.99 and a 52 week high of $305.28. The company’s 50-day simple moving average is $274.97 and its 200 day simple moving average is $264.17. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.74 and a current ratio of 2.60. The company has a market capitalization of $16.17 billion, a PE ratio of 30.91, a price-to-earnings-growth ratio of 1.92 and a beta of 0.99.

Nordson (NASDAQ:NDSN) last posted its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, topping analysts’ consensus estimates of $2.82 by $0.04. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The firm had revenue of $740.85 million during the quarter, compared to analysts’ expectations of $728.78 million. During the same quarter in the prior year, the business earned $2.42 earnings per share. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. As a group, sell-side analysts anticipate that Nordson will post 11.47 earnings per share for the current year.

Nordson Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 3rd. Stockholders of record on Thursday, March 19th were paid a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, March 19th. Nordson’s payout ratio is presently 35.42%.

Nordson Company Profile

Nordson Corporation designs, manufactures and markets precision dispensing equipment and systems that apply adhesives, coatings, sealants and polymers in a broad range of industrial and medical applications. The company’s portfolio spans fluid systems, curing and surface preparation technologies, vacuum and thermal management products, and advanced test and inspection solutions. Nordson’s offerings serve critical manufacturing processes by delivering exacting dispensing accuracy and process control to ensure consistent product performance and high production throughput.

Nordson operates through multiple segments that cater to diverse markets including electronics, packaging, medical, energy, automotive and general industrial sectors.