Nordson Corporation (NASDAQ:NDSN) Stock Has Average Target Price of $326.57 According to Analysts

Key Points

• Analysts maintain a Moderate Buy consensus on Nordson, with five buy ratings and three holds. The average 12-month price target is $326.57, while Oppenheimer raised its target to $370.
• Nordson exceeded quarterly expectations, reporting $3.25 in EPS versus the $3.09 estimate and revenue of $817.67 million, up 10.3% year over year.
• The company increased its quarterly dividend from $0.82 to $0.94 per share, equivalent to an annualized $3.76 dividend and a 1.2% yield.

Shares of Nordson Corporation (NASDAQ:NDSN - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the eight brokerages that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $326.57.

A number of brokerages recently commented on NDSN. DA Davidson reissued a "buy" rating and set a $345.00 price target on shares of Nordson in a research note on Thursday, August 20th. Weiss Ratings raised Nordson from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, September 2nd. KeyCorp reiterated a "buy" rating on shares of Nordson in a research report on Thursday, August 20th. Wall Street Zen lowered shares of Nordson from a "buy" rating to a "hold" rating in a report on Sunday, September 13th. Finally, Oppenheimer boosted their price target on shares of Nordson from $335.00 to $370.00 and gave the stock an "outperform" rating in a research report on Friday, August 21st.

Nordson Stock Performance

NDSN opened at $323.26 on Friday. 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 stock has a market capitalization of $18.01 billion, a price-to-earnings ratio of 32.69, a PEG ratio of 2.08 and a beta of 0.97. The company has a fifty day moving average of $311.21 and a 200 day moving average of $291.89. Nordson has a fifty-two week low of $220.47 and a fifty-two week high of $339.12.

Nordson (NASDAQ:NDSN - Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, beating the consensus estimate of $3.09 by $0.16. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The business had revenue of $817.67 million during the quarter, compared to the consensus estimate of $779.49 million. During the same quarter in the prior 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. As a group, sell-side analysts forecast that Nordson will post 11.83 earnings per share for the current fiscal year.

Nordson Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Thursday, September 10th will be paid a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, September 10th. This is an increase from Nordson's previous quarterly dividend of $0.82. Nordson's dividend payout ratio is 38.02%.

Insider Transactions at Nordson

In related news, CAO Joseph M. Rutledge sold 684 shares of Nordson stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $309.38, for a total value of $211,615.92. Following the completion of the transaction, the chief accounting officer owned 2,134 shares in the company, valued at approximately $660,216.92. This trade represents a 24.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Daniel Hopgood sold 1,329 shares of the business's stock in a transaction that occurred on Wednesday, August 26th. The stock was 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,273 shares of company stock worth $743,247 in the last three months. Insiders own 0.84% of the company's stock.

Hedge Funds Weigh In On Nordson

A number of institutional investors and hedge funds have recently modified their holdings of NDSN. Clearstead Trust LLC purchased a new stake in Nordson during the 2nd quarter valued at $25,000. Keating Financial Advisory Services Inc. purchased a new stake in shares of Nordson in the second quarter valued at $30,000. N.E.W. Advisory Services LLC bought a new stake in shares of Nordson in the 2nd quarter worth about $33,000. Elevation Wealth Partners LLC lifted its holdings in shares of Nordson by 2,400.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 150 shares of the industrial products company's stock worth $45,000 after acquiring an additional 144 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in shares of Nordson by 43.4% during the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company's stock worth $37,000 after purchasing an additional 46 shares during the period. Hedge funds and other institutional investors own 72.11% of the company's stock.

Nordson Company Profile

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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