Nordson (NASDAQ:NDSN – Get Free Report) had its price objective upped by equities research analysts at DA Davidson from $335.00 to $345.00 in a report issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the industrial products company’s stock. DA Davidson’s target price suggests a potential upside of 20.82% from the company’s previous close.
Other equities analysts have also issued research reports about the stock. BNP Paribas Exane raised their price objective on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd. Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Weiss Ratings upgraded shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday. Robert W. Baird lifted their price target 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. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $300.00 price target on shares of Nordson in a report on Monday, February 23rd. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nordson has an average rating of “Moderate Buy” and an average target price of $309.86.
Check Out Our Latest Research Report on NDSN
Nordson Price Performance
Nordson (NASDAQ:NDSN – Get Free Report) last announced its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.82 by $0.04. The business had revenue of $740.85 million during the quarter, compared to analysts’ expectations of $728.78 million. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The company’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the business posted $2.42 earnings per share. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. On average, analysts forecast that Nordson will post 11.51 earnings per share for the current fiscal year.
Insider Activity
In other news, EVP Justin E. Hall sold 716 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total transaction of $197,487.12. Following the sale, the executive vice president owned 1,515 shares in the company, valued at $417,867.30. The trade was a 32.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Srinivas Subramanian sold 3,100 shares of the company’s stock in a transaction that occurred 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 owned 6,407 shares of the company’s stock, valued at approximately $1,793,960. This trade represents 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
Large investors have recently added to or reduced their stakes in the company. Private Trust Co. NA boosted its position in shares of Nordson by 70.8% in the fourth 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 period. CYBER HORNET ETFs LLC purchased a new stake in Nordson in the 2nd quarter worth about $31,000. MUFG Securities EMEA plc acquired a new stake in Nordson during the 2nd quarter worth about $34,000. Hantz Financial Services Inc. grew its stake in Nordson by 43.4% during the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 46 shares in the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Nordson in the 4th quarter valued at about $40,000. 72.11% of the stock is owned by institutional investors and hedge funds.
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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