Nordson Corporation (NASDAQ:NDSN) Stock Has Consensus Price Target of $326.57

Nordson Corporation (NASDAQ:NDSN) has earned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $326.57.

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

Insider Buying and Selling

In other Nordson news, EVP Jennifer L. Mcdonough sold 260 shares of Nordson stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $336.00, for a total transaction of $87,360.00. Following the completion of the sale, the executive vice president directly owned 6,346 shares of the company’s stock, valued at $2,132,256. The trade was a 3.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Daniel Hopgood sold 1,329 shares of the company’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 sale, the executive vice president owned 4,758 shares of the company’s stock, valued at $1,590,551.82. This represents a 21.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,273 shares of company stock valued at $743,247 over the last quarter. 0.84% of the stock is owned by corporate insiders.

Institutional Trading of Nordson

Several institutional investors and hedge funds have recently made changes to their positions in the company. Clearstead Trust LLC purchased a new stake in Nordson in the second quarter worth about $25,000. Keating Financial Advisory Services Inc. purchased a new position in Nordson during the 2nd quarter valued at about $30,000. N.E.W. Advisory Services LLC purchased a new position in Nordson during the 2nd quarter valued at about $33,000. Elevation Wealth Partners LLC raised its holdings in shares of Nordson by 2,400.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 150 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 144 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in shares of Nordson by 43.4% in the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 46 shares in the last quarter. 72.11% of the stock is currently owned by institutional investors.

Nordson Trading Up 0.6%

Shares of NASDAQ NDSN opened at $323.26 on Friday. Nordson has a fifty-two week low of $220.47 and a fifty-two week high of $339.12. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.18 and a current ratio of 1.82. The company has a market cap of $18.01 billion, a price-to-earnings ratio of 32.69, a PEG ratio of 2.08 and a beta of 0.97. The business’s 50 day moving average price is $311.21 and its 200-day moving average price is $291.89.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.09 by $0.16. The company had revenue of $817.67 million during the quarter, compared to analysts’ expectations of $779.49 million. Nordson had a return on equity of 20.49% and a net margin of 18.63%.Nordson’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. On average, sell-side analysts expect that Nordson will post 11.83 earnings per share for the current year.

Nordson Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Thursday, September 10th will be paid a dividend of $0.94 per share. This is a boost from Nordson’s previous quarterly dividend of $0.82. This represents a $3.76 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, September 10th. Nordson’s payout ratio is presently 38.02%.

About Nordson

Nordson Corporation is a global manufacturer of precision dispensing, coating, and fluid-management equipment. Its systems apply adhesives, sealants, coatings, and other materials with controlled accuracy in manufacturing and packaging processes. The company also produces related pumps, valves, nozzles, controls, and inspection technologies.

Nordson serves a broad range of end markets, including packaging, consumer products, electronics, semiconductors, automotive, medical devices, and other industrial applications.