Nordson (NASDAQ:NDSN) Price Target Raised to $351.00

Nordson (NASDAQ:NDSN) had its price target boosted by Robert W. Baird from $328.00 to $351.00 in a research report report published on Friday, MarketBeat Ratings reports. They currently have a neutral rating on the industrial products company’s stock.

Several other brokerages have also recently commented on NDSN. DA Davidson reissued a “buy” rating and issued a $345.00 price target on shares of Nordson in a research report on Thursday. Weiss Ratings upgraded Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 29th. Wall Street Zen lowered Nordson from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. KeyCorp reissued a “buy” rating on shares of Nordson in a research note on Thursday. Finally, BNP Paribas Exane increased their price target on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $326.57.

Nordson Price Performance

Shares of NDSN opened at $332.24 on Friday. The company’s 50-day simple moving average is $298.83 and its 200-day simple moving average is $287.14. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.18 and a current ratio of 1.82. Nordson has a 1 year low of $220.06 and a 1 year high of $338.55. The stock has a market capitalization of $18.51 billion, a PE ratio of 33.59, a P/E/G ratio of 2.17 and a beta of 0.96.

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

Nordson Dividend Announcement

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

Hedge Funds Weigh In On Nordson

A number of hedge funds have recently modified their holdings of the business. XXEC Inc. acquired a new stake in Nordson during the 2nd quarter worth $896,378,000. BlackRock Inc. purchased a new position in Nordson during the 2nd quarter worth $1,248,447,000. Norges Bank acquired a new position in Nordson in the fourth quarter valued at $191,654,000. Bank of New York Mellon Corp acquired a new position in Nordson in the second quarter valued at $127,230,000. Finally, Caisse de depot et placement du Quebec purchased a new stake in shares of Nordson in the second quarter valued at about $95,993,000. 72.11% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Nordson

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.