Nordson (NASDAQ:NDSN) Upgraded to “Buy” at Vertical Research

Vertical Research upgraded shares of Nordson (NASDAQ:NDSN) from a hold rating to a buy rating in a research note published on Monday morning, Marketbeat Ratings reports. The brokerage currently has $270.00 price objective on the industrial products company’s stock.

Several other analysts have also commented on the company. DA Davidson set a $290.00 target price on Nordson in a report on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nordson in a research note on Wednesday, October 8th. Wall Street Zen cut shares of Nordson from a “buy” rating to a “hold” rating in a research note on Saturday. Oppenheimer increased their price target on shares of Nordson from $260.00 to $275.00 and gave the stock an “outperform” rating in a report on Monday, August 25th. Finally, Robert W. Baird lifted their price objective on shares of Nordson from $252.00 to $275.00 and gave the company a “neutral” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nordson currently has a consensus rating of “Moderate Buy” and an average price target of $268.00.

Nordson Trading Up 1.0%

Shares of Nordson stock opened at $237.79 on Monday. The stock has a market cap of $13.36 billion, a PE ratio of 27.88, a price-to-earnings-growth ratio of 1.63 and a beta of 1.01. The firm has a fifty day moving average price of $233.87 and a 200 day moving average price of $224.67. Nordson has a 1 year low of $165.03 and a 1 year high of $251.47. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.64 and a quick ratio of 1.05.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings results on Wednesday, December 10th. The industrial products company reported $3.03 EPS for the quarter, beating the consensus estimate of $2.93 by $0.10. The company had revenue of $751.82 million for the quarter, compared to analyst estimates of $761.03 million. Nordson had a net margin of 17.35% and a return on equity of 19.64%. The firm’s revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the company earned $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. Equities research analysts predict that Nordson will post 10.2 earnings per share for the current year.

Nordson Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Wednesday, December 17th will be issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 17th. Nordson’s dividend payout ratio (DPR) is presently 38.45%.

Insider Transactions at Nordson

In related news, EVP James E. Devries sold 9,100 shares of Nordson stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $233.60, for a total value of $2,125,760.00. Following the sale, the executive vice president directly owned 51,223 shares in the company, valued at approximately $11,965,692.80. The trade was a 15.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Joseph P. Kelley sold 2,200 shares of the business’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $240.00, for a total value of $528,000.00. Following the sale, the executive vice president owned 6,405 shares of the company’s stock, valued at approximately $1,537,200. This trade represents a 25.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 13,600 shares of company stock valued at $3,188,257 in the last three months. Corporate insiders own 0.80% of the company’s stock.

Institutional Trading of Nordson

A number of institutional investors have recently made changes to their positions in the company. Norges Bank purchased a new position in Nordson in the 2nd quarter valued at $139,218,000. JPMorgan Chase & Co. lifted its stake in shares of Nordson by 110.0% in the third quarter. JPMorgan Chase & Co. now owns 718,616 shares of the industrial products company’s stock worth $163,093,000 after buying an additional 376,395 shares in the last quarter. Millennium Management LLC boosted its position in Nordson by 61.9% during the third quarter. Millennium Management LLC now owns 592,385 shares of the industrial products company’s stock worth $134,442,000 after acquiring an additional 226,514 shares during the last quarter. Confluence Investment Management LLC grew its stake in Nordson by 118.5% during the 2nd quarter. Confluence Investment Management LLC now owns 336,090 shares of the industrial products company’s stock valued at $72,048,000 after acquiring an additional 182,305 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in Nordson in the 1st quarter valued at about $29,125,000. 72.11% of the stock is owned by institutional investors and hedge funds.

Nordson Company Profile

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.