DA Davidson Reiterates “Buy” Rating for Nordson (NASDAQ:NDSN)

Nordson (NASDAQ:NDSN)‘s stock had its “buy” rating reiterated by equities researchers at DA Davidson in a research report issued on Thursday,Benzinga reports. They presently have a $335.00 price target on the industrial products company’s stock. DA Davidson’s price objective would suggest a potential upside of 17.99% from the company’s previous close.

Several other equities research analysts have also weighed in on the company. Robert W. Baird raised their target price on Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Wall Street Zen lowered Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. KeyCorp raised their target price on Nordson from $295.00 to $325.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Oppenheimer raised their target price on Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 24th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nordson in a research report on Friday, March 27th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $311.50.

Nordson Stock Up 2.8%

Shares of NASDAQ NDSN traded up $7.72 during midday trading on Thursday, hitting $283.92. 246,378 shares of the company’s stock were exchanged, compared to its average volume of 385,023. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.72 and a quick ratio of 1.74. Nordson has a twelve month low of $191.99 and a twelve month high of $305.28. The company has a market cap of $15.84 billion, a PE ratio of 30.63, a P/E/G ratio of 1.82 and a beta of 0.99. The firm’s fifty day simple moving average is $274.36 and its 200-day simple moving average is $263.60.

Nordson (NASDAQ:NDSN) last issued its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share for the quarter, topping the consensus estimate of $2.82 by $0.04. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The business had revenue of $740.85 million for the quarter, compared to analyst estimates of $728.78 million. During the same quarter last year, the company earned $2.42 EPS. The business’s quarterly revenue was up 8.5% on a year-over-year basis. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. Research analysts predict that Nordson will post 11.47 EPS for the current fiscal year.

Insider Transactions at Nordson

In other Nordson news, CEO Sundaram Nagarajan sold 41,800 shares of Nordson stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $293.26, for a total transaction of $12,258,268.00. Following the transaction, the chief executive officer owned 64,824 shares of the company’s stock, valued at $19,010,286.24. The trade was a 39.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Justin E. Hall sold 716 shares of Nordson stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $275.82, for a total value of $197,487.12. Following the transaction, the executive vice president directly owned 1,515 shares in the company, valued at approximately $417,867.30. This trade represents a 32.09% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 77,393 shares of company stock worth $22,549,703. 0.84% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Private Trust Co. NA increased its holdings in shares of Nordson by 70.8% in the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 51 shares during the period. CYBER HORNET ETFs LLC acquired a new position in shares of Nordson in the second quarter valued at approximately $31,000. MUFG Securities EMEA plc acquired a new position in shares of Nordson in the second quarter valued at approximately $34,000. Root Financial Partners LLC acquired a new position in shares of Nordson in the third quarter valued at approximately $36,000. Finally, Hantz Financial Services Inc. increased its holdings in shares of Nordson by 43.4% in the fourth 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 during the period. Institutional investors and hedge funds own 72.11% of the company’s stock.

Nordson News Roundup

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Nordson posted record fiscal Q2 sales of about $741 million, with organic growth and currency tailwinds helping results. Nordson Corporation Reports Record Second Quarter Fiscal 2026 Results and Increases Full Year Guidance
• Positive Sentiment: Adjusted EPS of $2.86 beat Wall Street estimates of $2.82, while revenue also came in above expectations, reinforcing the earnings beat. Nordson (NDSN) Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its fiscal 2026 outlook, pointing to continued momentum in sales and profitability, which investors typically view as a bullish signal. Nordson Delivers Record Q2 Results, Raises 2026 Outlook
• Neutral Sentiment: Nordson’s updated guidance was mixed relative to consensus in places, with Q3 EPS and revenue outlooks broadly in line to slightly below estimates, but the stronger annual outlook appears to matter more for sentiment.

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.