Wall Street Zen Upgrades Nordson (NASDAQ:NDSN) to Buy

Key Points

• Wall Street Zen upgraded Nordson from “hold” to “buy,” contributing to an overall “Moderate Buy” consensus from analysts and an average price target of $326.57.
• Nordson reported quarterly EPS of $3.25, beating estimates of $3.09, while revenue rose 10.3% year over year to $817.67 million. The company guided to fiscal 2026 EPS of $11.80–$12.00.
• Nordson shares opened at $325.77, near their 52-week high of $339.12, while insiders sold 2,273 shares worth approximately $743,247 during the last quarter.

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

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

Nordson Trading Up 0.8%

Shares of NASDAQ NDSN opened at $325.77 on Friday. The stock's 50 day moving average price is $311.95 and its two-hundred day moving average price is $292.12. Nordson has a 52-week low of $222.13 and a 52-week high of $339.12. The stock has a market capitalization of $18.15 billion, a P/E ratio of 32.94, a PEG ratio of 2.10 and a beta of 0.97. The company has a quick ratio of 1.18, a current ratio of 1.82 and a debt-to-equity ratio of 0.47.

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, topping the consensus estimate of $3.09 by $0.16. Nordson had a return on equity of 20.49% and a net margin of 18.63%.The company had revenue of $817.67 million during the quarter, compared to analyst estimates of $779.49 million. During the same quarter last year, the firm earned $2.73 EPS. The business's 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, analysts anticipate that Nordson will post 11.83 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Daniel Hopgood sold 1,329 shares of Nordson 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 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Joseph M. Rutledge sold 684 shares of the company's stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $309.38, for a total transaction of $211,615.92. Following the completion of the sale, the chief accounting officer directly owned 2,134 shares of the company's stock, valued at $660,216.92. The trade was a 24.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 2,273 shares of company stock worth $743,247. 0.84% of the stock is owned by company insiders.

Institutional Trading of Nordson

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. QRG Capital Management Inc. lifted its stake in shares of Nordson by 3.0% in the 2nd quarter. QRG Capital Management Inc. now owns 3,801 shares of the industrial products company's stock worth $1,147,000 after acquiring an additional 112 shares during the period. Security National Bank of SO Dak acquired a new position in shares of Nordson during the second quarter valued at approximately $62,000. Tidal Investments LLC increased its stake in shares of Nordson by 0.9% during the second quarter. Tidal Investments LLC now owns 116,066 shares of the industrial products company's stock valued at $35,016,000 after acquiring an additional 1,065 shares during the period. National Pension Service raised its holdings in Nordson by 25.6% during the second quarter. National Pension Service now owns 10,383 shares of the industrial products company's stock worth $3,132,000 after purchasing an additional 2,113 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Nordson by 8.8% during the second quarter. NewEdge Advisors LLC now owns 7,731 shares of the industrial products company's stock worth $2,332,000 after purchasing an additional 623 shares in the last quarter. 72.11% of the stock is currently owned by institutional investors.

About Nordson

Nordson Corporation is a global manufacturer of precision dispensing, coating, and fluid-management equipment. Its systems apply adhesives, sealants, coatings, and other materials with controlled accuracy in manufacturing and packaging processes. The company also produces related pumps, valves, nozzles, controls, and inspection technologies.

Nordson serves a broad range of end markets, including packaging, consumer products, electronics, semiconductors, automotive, medical devices, and other industrial applications.

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