Nordson (NASDAQ:NDSN – Get Free Report) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.
A number of other equities analysts also recently issued reports on the company. Robert W. Baird raised their price objective on Nordson from $252.00 to $275.00 and gave the stock a “neutral” rating in a research report on Friday. Weiss Ratings restated a “hold (c)” rating on shares of Nordson in a report on Wednesday, October 8th. Jefferies Financial Group restated a “hold” rating and issued a $240.00 price target on shares of Nordson in a research report on Thursday, August 21st. KeyCorp increased their price objective on shares of Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Oppenheimer lifted their target price on shares of Nordson from $260.00 to $275.00 and gave the stock an “outperform” rating in a research note on Monday, August 25th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Nordson currently has an average rating of “Moderate Buy” and an average target price of $264.88.
Read Our Latest Analysis on NDSN
Nordson Price Performance
Nordson (NASDAQ:NDSN – Get Free Report) last issued its quarterly earnings data on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.93 by $0.10. The company had revenue of $751.82 million for the quarter, compared to analysts’ expectations of $761.03 million. Nordson had a net margin of 17.35% and a return on equity of 19.64%. Nordson’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.78 earnings per share. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. As a group, equities analysts expect that Nordson will post 10.2 EPS for the current year.
Insiders Place Their Bets
In other news, EVP James E. Devries sold 9,100 shares of the stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $233.60, for a total transaction of $2,125,760.00. Following the transaction, the executive vice president owned 51,223 shares of the company’s stock, valued at $11,965,692.80. This represents a 15.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Joseph P. Kelley sold 2,200 shares of the firm’s stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $240.00, for a total value of $528,000.00. Following the completion of the sale, the executive vice president owned 6,405 shares of the company’s stock, valued at approximately $1,537,200. This represents a 25.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 13,600 shares of company stock valued at $3,188,257 over the last 90 days. Corporate insiders own 0.80% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in NDSN. Quarry LP acquired a new stake in Nordson in the first quarter valued at approximately $28,000. Trust Co. of Toledo NA OH bought a new position in shares of Nordson in the 2nd quarter worth $31,000. CYBER HORNET ETFs LLC bought a new position in shares of Nordson in the 2nd quarter worth $31,000. Caitong International Asset Management Co. Ltd grew its position in Nordson by 640.0% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 148 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 128 shares during the period. Finally, Quent Capital LLC bought a new stake in Nordson during the 3rd quarter valued at $32,000. Institutional investors own 72.11% of the company’s stock.
About Nordson
Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates through three segments: Industrial Precision Solutions; Medical and Fluid Solutions; and Advanced Technology Solutions.
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