Robert W. Baird Forecasts Strong Price Appreciation for Nordson (NASDAQ:NDSN) Stock

Key Points

• Robert W. Baird raised Nordson’s price target from $328 to $351 while maintaining a “neutral” rating, implying 4.87% upside from the previous close.
• Nordson exceeded quarterly expectations, reporting $3.25 in EPS versus the $3.09 consensus and $817.67 million in revenue, up 10.3% year over year.
• Analyst sentiment remains generally positive, with five Buy ratings and three Holds, producing a “Moderate Buy” consensus and an average price target of $321.57.

Nordson (NASDAQ:NDSN - Get Free Report) had its price objective increased by Robert W. Baird from $328.00 to $351.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a "neutral" rating on the industrial products company's stock. Robert W. Baird's price target would indicate a potential upside of 4.87% from the company's previous close.

Several other analysts have also recently weighed in on NDSN. Wall Street Zen cut Nordson from a "buy" rating to a "hold" rating in a report on Saturday, June 27th. Weiss Ratings upgraded Nordson from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, June 29th. DA Davidson reaffirmed a "buy" rating and issued a $345.00 price objective on shares of Nordson in a research note on Thursday. BNP Paribas Exane increased their price target on Nordson from $285.00 to $290.00 and gave the stock a "neutral" rating in a report on Friday, May 22nd. Finally, Oppenheimer boosted their price target on Nordson from $325.00 to $335.00 and gave the company an "outperform" rating in a research note on Friday, May 29th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $321.57.

Nordson Stock Performance

NASDAQ NDSN opened at $334.70 on Friday. Nordson has a 1 year low of $219.60 and a 1 year high of $336.70. The firm has a market capitalization of $18.65 billion, a price-to-earnings ratio of 33.84, a P/E/G ratio of 2.06 and a beta of 0.96. The company has a current ratio of 2.60, a quick ratio of 1.65 and a debt-to-equity ratio of 0.58. The firm's 50 day simple moving average is $297.95 and its 200 day simple moving average is $286.75.

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 company had revenue of $817.67 million during the quarter, compared to analysts' expectations of $779.49 million. Nordson had a return on equity of 20.74% and a net margin of 18.63%.Nordson's revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, research analysts expect that Nordson will post 11.59 earnings per share for the current fiscal year.

Institutional Trading of Nordson

A number of hedge funds have recently bought and sold shares of NDSN. Clearstead Trust LLC bought a new position in Nordson in the 2nd quarter valued at $25,000. Keating Financial Advisory Services Inc. bought a new stake in shares of Nordson during the 2nd quarter worth $30,000. N.E.W. Advisory Services LLC bought a new stake in shares of Nordson during the 2nd quarter worth $33,000. Private Trust Co. NA boosted its holdings in shares of Nordson by 70.8% in the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company's stock worth $30,000 after buying an additional 51 shares during the last quarter. Finally, CYBER HORNET ETFs LLC bought a new position in Nordson during the second quarter valued at about $31,000. 72.11% of the stock is currently owned by institutional investors.

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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