DA Davidson Reiterates Buy Rating for Nordson (NASDAQ:NDSN)

Key Points

• DA Davidson reaffirmed its Buy rating on Nordson and maintained a $345 price target, implying approximately 5.93% upside from the prior close. Analysts overall rate the stock “Moderate Buy,” with an average target of $316.29.
• Nordson exceeded quarterly expectations, reporting $3.25 in EPS versus the $3.09 consensus and revenue of $817.7 million, up 10.3% year over year. Management also set fiscal 2026 EPS guidance at $11.80–$12.00, above the roughly $11.59 analyst estimate.
• Shares rose to $325.68, near the company’s 12-month high, while institutional investors own 72.11% of the stock. Recent analyst actions were generally positive, though some firms maintain Hold or Neutral ratings.

Nordson (NASDAQ:NDSN - Get Free Report)'s stock had its "buy" rating reaffirmed by equities researchers at DA Davidson in a research note issued on Thursday,Benzinga reports. They currently have a $345.00 price target on the industrial products company's stock. DA Davidson's target price would suggest a potential upside of 5.93% from the stock's previous close.

NDSN has been the subject of several other reports. KeyCorp lifted their target price on Nordson from $335.00 to $360.00 and gave the stock an "overweight" rating in a research note on Thursday. Wall Street Zen downgraded Nordson from a "buy" rating to a "hold" rating in a report on Saturday, June 27th. BNP Paribas Exane lifted 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. Weiss Ratings upgraded shares of Nordson from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, June 29th. Finally, Oppenheimer increased their price objective on shares of Nordson from $325.00 to $335.00 and gave the company an "outperform" rating in a research report on Friday, May 29th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Nordson has an average rating of "Moderate Buy" and an average target price of $316.29.

Nordson Stock Performance

Shares of NDSN stock traded up $15.76 on Thursday, reaching $325.68. The stock had a trading volume of 209,636 shares, compared to its average volume of 389,557. Nordson has a 12 month low of $219.60 and a 12 month high of $326.79. The firm has a market capitalization of $18.15 billion, a price-to-earnings ratio of 34.54, a P/E/G ratio of 2.02 and a beta of 0.96. The firm's 50-day moving average is $296.97 and its two-hundred day moving average is $286.33. The company has a quick ratio of 1.65, a current ratio of 2.60 and a debt-to-equity ratio of 0.58.

Nordson (NASDAQ:NDSN - Get Free Report) last posted its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, topping analysts' consensus estimates of $3.09 by $0.16. The business had revenue of $817.67 million during the quarter, compared to analysts' expectations of $779.49 million. Nordson had a return on equity of 20.08% and a net margin of 18.19%.Nordson's quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter last year, the company posted $2.73 earnings per share. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. On average, research analysts expect that Nordson will post 11.59 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in NDSN. XXEC Inc. acquired a new stake in Nordson during the second quarter worth approximately $896,378,000. BlackRock Inc. bought a new stake in shares of Nordson during the 2nd quarter valued at $1,248,447,000. Norges Bank bought a new stake in shares of Nordson during the 4th quarter valued at $191,654,000. Bank of New York Mellon Corp acquired a new stake in shares of Nordson during the 2nd quarter worth $127,230,000. Finally, Caisse de depot et placement du Quebec bought a new position in shares of Nordson in the second quarter worth $95,993,000. Institutional investors and hedge funds own 72.11% of the company's stock.

Nordson News Roundup

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Strong Q3 earnings beat: Nordson reported adjusted EPS of $3.25, above the $3.09 analyst consensus and up from $2.73 a year earlier. Revenue reached a record $817.7 million, beating estimates of $779.5 million and rising approximately 10% year over year. Nordson Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Higher fiscal 2026 guidance: Management raised its adjusted EPS outlook to $11.80-$12.00, above the approximately $11.59 consensus. Full-year sales are projected at roughly $3.035-$3.075 billion, while backlog increased 35% year over year. Nordson Reports Record Third Quarter Results
• Positive Sentiment: Broad-based growth: Organic sales grew approximately 12%, with Advanced Technology Solutions sales up 28% to $220 million. Industrial Precision Solutions and Medical and Fluid Solutions sales each increased 5%. Nordson Reports Record Sales and Raises Guidance
• Positive Sentiment: Analyst support: D.A. Davidson maintained a Buy rating and a $345 price target, citing the strong quarterly beat and improved guidance. Nordson Strong Q3 Beat and Raised Guidance
• Positive Sentiment: Medical product launch: Nordson MEDICAL introduced its Divert ULTRA line of ultra-high-pressure stopcocks, expanding its offerings for demanding medical applications. Nordson MEDICAL Introduces Divert ULTRA
• Negative Sentiment: Insider selling is a cautionary signal: Data cited in the reports show 46 open-market insider sales and no purchases during the past six months, including substantial sales by senior executives. This may temper enthusiasm, although the transactions do not outweigh the immediate earnings and guidance catalysts.

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.

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