Nordson Corporation (NASDAQ:NDSN) Receives $326.57 Average Target Price from Brokerages

Nordson Corporation (NASDAQ:NDSN) has been given a consensus recommendation of “Moderate Buy” by the eight analysts that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $326.5714.

Several equities research analysts have recently weighed in on NDSN shares. DA Davidson reissued a “buy” rating and issued a $345.00 target price on shares of Nordson in a research note on Thursday, August 20th. Wall Street Zen upgraded shares of Nordson from a “hold” rating to a “buy” rating in a report on Saturday. KeyCorp reissued a “buy” rating on shares of Nordson in a research report on Thursday, August 20th. Weiss Ratings raised shares of Nordson from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday. Finally, BNP Paribas Exane boosted their target price on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd.

Nordson Price Performance

Shares of Nordson stock opened at $318.36 on Monday. The stock has a market cap of $17.73 billion, a price-to-earnings ratio of 32.19, a price-to-earnings-growth ratio of 2.07 and a beta of 0.97. 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 stock has a 50 day moving average price of $304.64 and a 200-day moving average price of $289.52. Nordson has a one year low of $220.47 and a one year high of $339.12.

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

Nordson Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Thursday, September 10th will be issued a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, September 10th. This is an increase from Nordson’s previous quarterly dividend of $0.82. Nordson’s dividend payout ratio (DPR) is presently 33.16%.

Insider Buying and Selling at Nordson

In other Nordson news, EVP Jennifer McDonough sold 260 shares of the company’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $336.00, for a total value of $87,360.00. Following the transaction, the executive vice president owned 6,346 shares of the company’s stock, valued at $2,132,256. This represents a 3.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Daniel Hopgood sold 1,329 shares of the 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 in the company, valued at approximately $1,590,551.82. The trade was a 21.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.84% of the company’s stock.

Institutional Investors Weigh In On Nordson

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NDSN. XXEC Inc. purchased a new stake in Nordson in the 2nd quarter valued at about $896,378,000. California State Teachers Retirement System increased its position in shares of Nordson by 26,611.5% during the second quarter. California State Teachers Retirement System now owns 21,054,040 shares of the industrial products company’s stock worth $6,351,793,000 after acquiring an additional 20,975,220 shares during the period. BlackRock Inc. bought a new stake in shares of Nordson during the second quarter valued at approximately $1,248,447,000. State Street Corp boosted its holdings in shares of Nordson by 4.7% in the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock valued at $636,375,000 after purchasing an additional 133,229 shares during the period. Finally, Morgan Stanley boosted its holdings in shares of Nordson by 6.2% in the fourth quarter. Morgan Stanley now owns 1,582,637 shares of the industrial products company’s stock valued at $380,514,000 after purchasing an additional 92,970 shares during the period. Institutional investors own 72.11% of the company’s stock.

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.