Nordson (NASDAQ:NDSN) Downgraded by Wall Street Zen to Hold

Wall Street Zen cut shares of Nordson (NASDAQ:NDSN) from a buy rating to a hold rating in a research report released on Saturday morning.

A number of other brokerages also recently commented on NDSN. DA Davidson set a $335.00 price objective on Nordson in a research report on Monday, February 23rd. Jefferies Financial Group reiterated a “hold” rating and issued a $300.00 price objective on shares of Nordson in a research report on Monday, February 23rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordson in a research report on Friday, March 27th. 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. Finally, 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. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Nordson has an average rating of “Moderate Buy” and an average target price of $311.50.

Nordson Price Performance

Shares of NDSN stock opened at $283.20 on Friday. The stock has a 50 day moving average of $276.07 and a two-hundred day moving average of $259.59. The company has a current ratio of 2.72, a quick ratio of 1.74 and a debt-to-equity ratio of 0.63. Nordson has a 12 month low of $187.89 and a 12 month high of $305.28. The company has a market capitalization of $15.80 billion, a P/E ratio of 30.58, a P/E/G ratio of 1.91 and a beta of 0.99.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.37 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.01. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The company had revenue of $669.46 million during the quarter, compared to the consensus estimate of $652.68 million. During the same quarter last year, the company earned $2.06 EPS. The company’s quarterly revenue was up 8.8% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. As a group, equities analysts expect that Nordson will post 11.41 EPS for the current year.

Nordson Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 3rd. Investors of record on Thursday, March 19th were issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, March 19th. Nordson’s dividend payout ratio (DPR) is currently 35.42%.

Insiders Place Their Bets

In other news, EVP Srinivas Subramanian sold 3,100 shares of Nordson stock in a transaction on Friday, April 17th. The stock was sold at an average price of $280.00, for a total value of $868,000.00. Following the completion of the sale, the executive vice president directly owned 6,407 shares of the company’s stock, valued at approximately $1,793,960. This trade represents a 32.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Joseph P. Kelley sold 8,725 shares of Nordson stock in a transaction 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 directly owned 7,268 shares of the company’s stock, valued at $2,129,814.72. This trade represents a 54.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 77,393 shares of company stock valued at $22,549,703. Company insiders own 0.84% of the company’s stock.

Institutional Investors Weigh In On Nordson

Several hedge funds and other institutional investors have recently made changes to their positions in NDSN. Private Trust Co. NA increased its stake in shares of Nordson by 70.8% in the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after buying an additional 51 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in shares of Nordson in the 2nd quarter valued at $31,000. Quent Capital LLC acquired a new stake in shares of Nordson in the 3rd quarter valued at $32,000. MUFG Securities EMEA plc acquired a new stake in shares of Nordson in the 2nd quarter valued at $34,000. Finally, Root Financial Partners LLC acquired a new stake in shares of Nordson in the 3rd quarter valued at $36,000. 72.11% of the stock is owned by institutional investors and hedge funds.

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.