Nordson (NASDAQ:NDSN) Raised to Buy at Wall Street Zen

Key Points

• Nordson was upgraded to “buy” by Wall Street Zen, adding to a generally positive analyst tone on the stock.
• Several firms recently lifted price targets, and MarketBeat says Nordson now has a consensus “Moderate Buy” rating with an average target price of $311.29.
• The company reported better-than-expected quarterly earnings of $2.86 per share on revenue of $740.85 million, while also issuing guidance for Q3 2026 EPS of $2.95-$3.15 and FY 2026 EPS of $11.30-$11.80.

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

Several other brokerages also recently commented on NDSN. Oppenheimer raised their price objective on shares of Nordson from $325.00 to $335.00 and gave the stock an "outperform" rating in a research report on Friday. KeyCorp raised their price objective on shares of Nordson from $295.00 to $325.00 and gave the stock an "overweight" rating in a research report on Thursday, February 19th. Robert W. Baird raised their price objective on shares of Nordson from $278.00 to $314.00 and gave the stock a "neutral" rating in a research report on Friday, February 20th. BNP Paribas Exane raised 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. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a $300.00 price objective on shares of Nordson in a research report on Monday, February 23rd. Five investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $311.29.

Nordson Stock Performance

NASDAQ:NDSN opened at $287.33 on Friday. The company has a market capitalization of $16.01 billion, a PE ratio of 30.63, a P/E/G ratio of 1.92 and a beta of 0.99. The company has a 50 day simple moving average of $276.96 and a two-hundred day simple moving average of $266.17. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.65 and a current ratio of 2.60. Nordson has a fifty-two week low of $205.17 and a fifty-two week high of $305.28.

Nordson (NASDAQ:NDSN - Get Free Report) last released its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share for the quarter, beating analysts' consensus estimates of $2.82 by $0.04. The business had revenue of $740.85 million during the quarter, compared to the consensus estimate of $728.78 million. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The company's revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.42 EPS. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. Research analysts anticipate that Nordson will post 11.53 earnings per share for the current year.

Insider Buying and Selling at Nordson

In related news, EVP Justin E. Hall sold 716 shares of Nordson stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total value of $197,487.12. Following the completion of the sale, the executive vice president owned 1,515 shares of the company's stock, valued at approximately $417,867.30. This trade represents a 32.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Srinivas Subramanian sold 3,100 shares of Nordson stock in a transaction on Friday, April 17th. The shares were sold at an average price of $280.00, for a total transaction of $868,000.00. Following the completion of the sale, the executive vice president directly owned 6,407 shares of the company's stock, valued at approximately $1,793,960. The trade was a 32.61% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.84% of the company's stock.

Institutional Trading of Nordson

Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Nordson by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 6,257,600 shares of the industrial products company's stock valued at $1,504,515,000 after purchasing an additional 186,480 shares during the period. State Street Corp grew its position in Nordson by 4.7% in the 2nd quarter. State Street Corp now owns 2,958,110 shares of the industrial products company's stock valued at $636,375,000 after purchasing an additional 133,229 shares during the period. Morgan Stanley grew its position in Nordson by 6.2% in the 4th quarter. Morgan Stanley now owns 1,582,637 shares of the industrial products company's stock valued at $380,514,000 after purchasing an additional 92,970 shares during the period. JPMorgan Chase & Co. grew its position in Nordson by 24.0% in the 4th quarter. JPMorgan Chase & Co. now owns 891,016 shares of the industrial products company's stock valued at $214,227,000 after purchasing an additional 172,400 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in Nordson by 12.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 851,679 shares of the industrial products company's stock valued at $204,769,000 after purchasing an additional 97,416 shares during the period. Institutional investors and hedge funds own 72.11% of the company's stock.

About Nordson

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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