Nordson (NASDAQ:NDSN) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Nordson from “hold” to “buy.” Across analysts, the stock has a “Moderate Buy” consensus rating, with five Buy ratings and three Holds and an average price target of $326.57.
• Nordson’s latest quarterly results exceeded expectations, with EPS of $3.25 versus a $3.09 consensus and revenue of $817.67 million versus $779.49 million expected. Revenue rose 10.3% year over year, and management issued fiscal 2026 EPS guidance of $11.80–$12.00.
• Nordson shares opened at $318.36, near the analyst consensus target, while two executive vice presidents recently sold company stock. Institutional investors own approximately 72.11% of the company.

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

NDSN has been the subject of a number of other reports. DA Davidson restated a "buy" rating and issued a $345.00 price objective on shares of Nordson in a research report on Thursday, August 20th. Robert W. Baird lifted their price target on shares of Nordson from $328.00 to $351.00 and gave the company a "neutral" rating in a research note on Friday, August 21st. BNP Paribas Exane upped their price objective on shares of Nordson from $285.00 to $290.00 and gave the stock a "neutral" rating in a research report on Friday, May 22nd. KeyCorp reissued a "buy" rating on shares of Nordson in a research note on Thursday, August 20th. Finally, Weiss Ratings upgraded Nordson from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $326.57.

Nordson Stock Up 0.3%

NDSN stock opened at $318.36 on Friday. Nordson has a one year low of $220.47 and a one year high of $339.12. 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 firm's fifty day moving average is $304.64 and its 200 day moving average is $289.58. The firm has a market cap of $17.73 billion, a PE ratio of 32.19, a P/E/G ratio of 2.06 and a beta of 0.97.

Nordson (NASDAQ:NDSN - Get Free Report) last posted 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. Nordson had a return on equity of 20.49% and a net margin of 18.63%.The firm had revenue of $817.67 million for the quarter, compared to analysts' expectations of $779.49 million. During the same period last year, the firm earned $2.73 EPS. The company's quarterly revenue was up 10.3% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. On average, research analysts forecast that Nordson will post 11.83 EPS for the current year.

Insider Activity at Nordson

In other news, EVP Daniel Hopgood sold 1,329 shares of the business's stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $334.29, for a total transaction of $444,271.41. Following the transaction, the executive vice president owned 4,758 shares of the company's stock, valued at approximately $1,590,551.82. The trade was a 21.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Jennifer L. Mcdonough sold 260 shares of Nordson stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $336.00, for a total transaction of $87,360.00. Following the transaction, the executive vice president directly owned 6,346 shares in the company, valued at $2,132,256. This trade represents a 3.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.84% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Nordson

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HighTower Advisors LLC grew its holdings in shares of Nordson by 6.8% during the 2nd quarter. HighTower Advisors LLC now owns 38,317 shares of the industrial products company's stock worth $11,560,000 after purchasing an additional 2,431 shares during the period. Groupe la Francaise purchased a new position in shares of Nordson during the 2nd quarter worth approximately $593,000. California State Teachers Retirement System raised its position in Nordson by 26,611.5% in the second quarter. California State Teachers Retirement System now owns 21,054,040 shares of the industrial products company's stock valued at $6,351,793,000 after purchasing an additional 20,975,220 shares during the period. HB Wealth Management LLC boosted its position in shares of Nordson by 48.5% during the second quarter. HB Wealth Management LLC now owns 2,240 shares of the industrial products company's stock worth $676,000 after buying an additional 732 shares during the period. Finally, Saudi Central Bank lifted its stake in Nordson by 89.5% during the 2nd quarter. Saudi Central Bank now owns 3,709 shares of the industrial products company's stock worth $1,119,000 after acquiring an additional 1,752 shares in the last quarter. Institutional investors and hedge funds 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source