Nordson (NASDAQ:NDSN) Price Target Raised to $370.00

Nordson (NASDAQ:NDSN) had its target price increased by Oppenheimer from $335.00 to $370.00 in a research note released on Friday morning, Marketbeat Ratings reports. They currently have an outperform rating on the industrial products company’s stock.

A number of other equities analysts have also recently issued reports on NDSN. Robert W. Baird increased their target price on Nordson from $328.00 to $351.00 and gave the stock a “neutral” rating in a report on Friday. KeyCorp reaffirmed a “buy” rating on shares of Nordson in a research report on Thursday. Wall Street Zen downgraded Nordson from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Weiss Ratings upgraded Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. Finally, DA Davidson reissued a “buy” rating and issued a $345.00 target price on shares of Nordson in a research report on Thursday. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $326.57.

Nordson Price Performance

Shares of NDSN stock opened at $332.24 on Friday. The firm has a fifty day moving average of $298.83 and a 200-day moving average of $287.14. 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 has a 12-month low of $220.06 and a 12-month high of $338.55. The company has a market capitalization of $18.51 billion, a price-to-earnings ratio of 33.59, a P/E/G ratio of 2.17 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, topping analysts’ consensus estimates of $3.09 by $0.16. The business had revenue of $817.67 million for the quarter, compared to analyst estimates of $779.49 million. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period last year, the business posted $2.73 earnings per share. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, equities research analysts predict that Nordson will post 11.8 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Thursday, June 18th were paid a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 1.0%. The ex-dividend date was Thursday, June 18th. Nordson’s payout ratio is presently 33.16%.

Hedge Funds Weigh In On Nordson

A number of large investors have recently modified their holdings of NDSN. XXEC Inc. acquired a new stake in shares of Nordson in the second quarter valued at about $896,378,000. BlackRock Inc. bought a new stake in Nordson during the second quarter worth about $1,248,447,000. Norges Bank acquired a new position in Nordson during the fourth quarter valued at approximately $191,654,000. Bank of New York Mellon Corp acquired a new position in Nordson during the second quarter valued at approximately $127,230,000. Finally, Caisse de depot et placement du Quebec bought a new position in Nordson in the second quarter valued at approximately $95,993,000. 72.11% of the stock is currently owned by institutional investors and hedge funds.

Nordson News Roundup

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Strong Q3 beat and broad-based growth: Nordson reported adjusted earnings of $3.25 per share, above the $3.09 consensus and up from $2.73 a year earlier. Revenue reached $817.7 million, exceeding estimates of $779.5 million and increasing 10.3% year over year. Record sales across all segments, stronger orders and broad organic growth supported the results. NDSN Q3 Earnings Beat Estimates on Broad Organic Growth
• Positive Sentiment: Higher fiscal 2026 outlook: Management raised its outlook for the third time, forecasting fiscal 2026 sales of $3.035 billion to $3.075 billion and adjusted EPS of $11.80 to $12.00. Backlog reportedly increased 35%, reinforcing expectations for continued demand and earnings momentum. Nordson Forecasts Fiscal 2026 Sales and EPS
• Positive Sentiment: Analyst price-target increases: Oppenheimer raised its target from $335 to $370 and upgraded its view to “outperform.” Robert W. Baird lifted its target from $328 to $351 while maintaining a “neutral” rating. DA Davidson reaffirmed its “buy” rating with a $345 target. Analysts Boost Forecasts on Nordson
• Neutral Sentiment: New medical product: Nordson MEDICAL introduced its Divert ULTRA line of ultra-high-pressure stopcocks for demanding medical applications. The launch expands the product portfolio but was not accompanied by a specific financial impact. Nordson MEDICAL Introduces Divert ULTRA
• Negative Sentiment: Insider selling and valuation: Reported insider activity showed 46 sales and no purchases over the past six months, including sizable sales by senior executives. After the rally, Nordson trades at roughly 33.6 times earnings, leaving the stock vulnerable to profit-taking if growth or guidance momentum slows.

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.