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

Key Points

• Wall Street Zen downgraded Nordson from “Buy” to “Hold.” Despite the downgrade, analysts overall maintain a “Moderate Buy” consensus, with an average price target of $326.57.
• Nordson reported quarterly EPS of $3.25, beating the $3.09 consensus, and revenue of $817.67 million, up 10.3% year over year. The company’s FY2026 EPS guidance is $11.80–$12.00.
• Company insiders sold a combined 2,273 shares worth about $743,000 over the past three months.

Nordson (NASDAQ:NDSN - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued on Saturday, Wall Street Zen reports.

A number of other research analysts also recently issued reports on the company. KeyCorp restated a "buy" rating on shares of Nordson in a report on Thursday, August 20th. DA Davidson reissued a "buy" rating and issued a $345.00 price target on shares of Nordson in a report on Thursday, August 20th. Oppenheimer raised their target price on Nordson from $335.00 to $370.00 and gave the stock an "outperform" rating in a research report on Friday, August 21st. Robert W. Baird increased their target price on Nordson from $328.00 to $351.00 and gave the company a "neutral" rating in a report on Friday, August 21st. Finally, Weiss Ratings upgraded shares of Nordson from a "buy (b-)" rating to a "buy (b)" rating in a research note on Wednesday, September 2nd. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Nordson presently has an average rating of "Moderate Buy" and an average target price of $326.57.

Nordson Stock Down 0.2%

NASDAQ:NDSN opened at $309.86 on Friday. The stock has a 50-day simple moving average of $322.35 and a 200 day simple moving average of $296.24. 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 company has a market capitalization of $17.26 billion, a price-to-earnings ratio of 31.33, a price-to-earnings-growth ratio of 1.98 and a beta of 0.99. Nordson has a one year low of $223.29 and a one year high of $339.12.

Nordson (NASDAQ:NDSN - Get Free Report) last issued its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, beating analysts' consensus estimates of $3.09 by $0.16. The firm had revenue of $817.67 million for the quarter, compared to the consensus estimate of $779.49 million. Nordson had a return on equity of 20.49% and a net margin of 18.63%. The business's quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.73 earnings per share. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Sell-side analysts predict that Nordson will post 11.86 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CAO Joseph M. Rutledge sold 684 shares of the stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $309.38, for a total transaction of $211,615.92. Following the transaction, the chief accounting officer directly owned 2,134 shares in the company, valued at $660,216.92. This represents a 24.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Daniel Hopgood sold 1,329 shares of Nordson stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $334.29, for a total value of $444,271.41. Following the sale, the executive vice president directly owned 4,758 shares in the company, valued at $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. Insiders sold a total of 2,273 shares of company stock worth $743,247 over the last three months. 0.84% of the stock is owned by insiders.

Institutional Trading of Nordson

Several large investors have recently made changes to their positions in NDSN. XXEC Inc. purchased a new position in Nordson in the 2nd quarter worth approximately $896,378,000. BlackRock Inc. purchased a new position in Nordson in the 2nd quarter valued at approximately $1,248,447,000. Dimensional Fund Advisors LP increased its holdings in Nordson by 3.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 453,962 shares of the industrial products company's stock worth $120,752,000 after purchasing an additional 15,912 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Nordson in the 2nd quarter worth approximately $127,230,000. Finally, Jennison Associates LLC lifted its position in shares of Nordson by 53.8% in the 1st quarter. Jennison Associates LLC now owns 388,110 shares of the industrial products company's stock worth $103,261,000 after acquiring an additional 135,757 shares during the period. Institutional investors and hedge funds own 72.11% of the company's stock.

Nordson Company Profile

Nordson Corporation NASDAQ: NDSN is a global manufacturer of precision dispensing, fluid management, and inspection equipment. The company develops systems used to apply adhesives, coatings, sealants, polymers, and other materials with controlled precision in manufacturing and production processes.

Nordson's products include hot-melt and liquid adhesive dispensing systems, industrial coating equipment, pumps, valves, tubing, and related components. It also provides equipment and technologies for testing, inspection, and the management of fluids and materials.

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