Nordson (NASDAQ:NDSN) Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of Nordson (NASDAQ:NDSNFree Report) from a buy rating to a hold rating in a research report sent to investors on Saturday morning.

A number of other equities research analysts also recently issued reports on NDSN. Weiss Ratings restated a “hold (c)” rating on shares of Nordson in a research report on Wednesday, October 8th. KeyCorp boosted their target price on Nordson from $250.00 to $295.00 and gave the company an “overweight” rating in a research report on Thursday. Oppenheimer increased their price target on Nordson from $260.00 to $275.00 and gave the company an “outperform” rating in a report on Monday, August 25th. Robert W. Baird lifted their price objective on shares of Nordson from $252.00 to $275.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $240.00 target price on shares of Nordson in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $268.00.

Read Our Latest Research Report on Nordson

Nordson Price Performance

Nordson stock opened at $237.79 on Friday. The company has a market cap of $13.36 billion, a price-to-earnings ratio of 27.88, a PEG ratio of 1.63 and a beta of 1.01. The firm’s fifty day moving average is $233.87 and its 200 day moving average is $224.67. The company has a quick ratio of 1.05, a current ratio of 1.64 and a debt-to-equity ratio of 0.55. Nordson has a 52-week low of $165.03 and a 52-week high of $251.47.

Nordson (NASDAQ:NDSNGet Free Report) last issued its quarterly earnings data on Wednesday, December 10th. The industrial products company reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.93 by $0.10. Nordson had a net margin of 17.35% and a return on equity of 19.64%. The business had revenue of $751.82 million during the quarter, compared to analysts’ expectations of $761.03 million. During the same period last year, the company posted $2.78 EPS. The business’s revenue was up 1.0% on a year-over-year basis. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. Sell-side analysts forecast that Nordson will post 10.2 EPS for the current fiscal year.

Nordson Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Wednesday, December 17th will be paid a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 17th. Nordson’s payout ratio is currently 38.45%.

Insider Transactions at Nordson

In related news, EVP Joseph P. Kelley sold 2,300 shares of the firm’s stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $232.39, for a total value of $534,497.00. Following the transaction, the executive vice president owned 8,605 shares of the company’s stock, valued at $1,999,715.95. This trade represents a 21.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP James E. Devries sold 9,100 shares of the business’s 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 completion of the sale, the executive vice president directly owned 51,223 shares of the company’s stock, valued at approximately $11,965,692.80. This trade represents a 15.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 13,600 shares of company stock worth $3,188,257. Company insiders own 0.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Quarry LP bought a new stake in Nordson during the 1st quarter valued at $28,000. Trust Co. of Toledo NA OH bought a new stake in Nordson during the 2nd quarter valued at $31,000. CYBER HORNET ETFs LLC purchased a new position in shares of Nordson in the 2nd quarter valued at $31,000. Caitong International Asset Management Co. Ltd raised its position in shares of 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 worth $32,000 after acquiring an additional 128 shares in the last quarter. Finally, Quent Capital LLC purchased a new stake in shares of Nordson during the 3rd quarter worth $32,000. Institutional investors own 72.11% of the company’s stock.

About Nordson

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Nordson (NASDAQ:NDSN)

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