Nordson Corporation (NASDAQ:NDSN – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the ten research firms that are currently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $268.00.
A number of equities analysts recently commented on the stock. KeyCorp lifted their price target on shares of Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a research note on Thursday, December 11th. Vertical Research upgraded Nordson from a “hold” rating to a “buy” rating and set a $270.00 target price for the company in a research report on Monday, December 15th. Robert W. Baird increased their price target on Nordson from $252.00 to $275.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Wall Street Zen cut Nordson from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. Finally, DA Davidson set a $290.00 price objective on Nordson in a research report on Friday, December 12th.
Read Our Latest Report on NDSN
Nordson Trading Up 0.0%
Nordson (NASDAQ:NDSN – Get Free Report) last released its earnings results on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.93 by $0.10. The firm had revenue of $751.82 million for the quarter, compared to the consensus estimate of $761.03 million. Nordson had a return on equity of 19.64% and a net margin of 17.35%.The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.78 EPS. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. Research analysts predict that Nordson will post 10.2 earnings per share for the current year.
Nordson Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 17th were given a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Wednesday, December 17th. Nordson’s payout ratio is 38.45%.
Insider Activity at Nordson
In other news, EVP James E. Devries sold 9,100 shares of the firm’s stock in a transaction on Monday, November 10th. The stock was 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 in the company, valued at approximately $11,965,692.80. This trade represents a 15.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible 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 transaction of $528,000.00. Following the transaction, the executive vice president directly owned 6,405 shares in the company, valued at $1,537,200. This trade represents a 25.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.80% of the company’s stock.
Hedge Funds Weigh In On Nordson
A number of large investors have recently bought and sold shares of NDSN. Norges Bank bought a new position in shares of Nordson in the 2nd quarter worth $139,218,000. JPMorgan Chase & Co. lifted its position in Nordson by 110.0% during the third quarter. JPMorgan Chase & Co. now owns 718,616 shares of the industrial products company’s stock valued at $163,093,000 after acquiring an additional 376,395 shares during the last quarter. Millennium Management LLC boosted its stake in Nordson by 61.9% in the third quarter. Millennium Management LLC now owns 592,385 shares of the industrial products company’s stock valued at $134,442,000 after acquiring an additional 226,514 shares in the last quarter. State Street Corp boosted its stake in Nordson by 4.7% in the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock valued at $636,375,000 after acquiring an additional 133,229 shares in the last quarter. Finally, Schroder Investment Management Group purchased a new stake in shares of Nordson during the 3rd quarter valued at $28,493,000. Institutional investors own 72.11% of the company’s stock.
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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