Nordson (NASDAQ:NDSN) Given “Buy” Rating at DA Davidson

Nordson (NASDAQ:NDSN)‘s stock had its “buy” rating restated by stock analysts at DA Davidson in a report released on Thursday,Benzinga reports. They presently have a $345.00 price objective on the industrial products company’s stock. DA Davidson’s price target indicates a potential upside of 5.93% from the stock’s current price.

A number of other research analysts have also recently commented on the stock. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. KeyCorp lifted their price target on shares of Nordson from $335.00 to $360.00 and gave the company an “overweight” rating in a report on Thursday. Oppenheimer increased their price objective on shares of Nordson from $325.00 to $335.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. BNP Paribas Exane raised their target price 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. Finally, Wall Street Zen cut shares of Nordson from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $316.29.

Nordson Price Performance

NDSN traded up $15.76 during trading on Thursday, hitting $325.68. 209,636 shares of the stock traded hands, compared to its average volume of 389,557. The business has a 50 day moving average price of $296.97 and a 200 day moving average price of $286.33. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.60 and a quick ratio of 1.65. Nordson has a twelve month low of $219.60 and a twelve month high of $326.79. The company has a market cap of $18.15 billion, a price-to-earnings ratio of 34.54, a PEG ratio of 2.02 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, topping the consensus estimate of $3.09 by $0.16. The business had revenue of $817.67 million during the quarter, compared to the consensus estimate of $779.49 million. Nordson had a return on equity of 20.08% and a net margin of 18.19%.Nordson’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the prior year, the company earned $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Equities research analysts forecast that Nordson will post 11.59 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Nordson

Several large investors have recently modified their holdings of NDSN. New York Life Investment Management LLC boosted its stake in shares of Nordson by 64.9% in the 4th quarter. New York Life Investment Management LLC now owns 12,041 shares of the industrial products company’s stock valued at $2,895,000 after purchasing an additional 4,737 shares during the last quarter. UBS Group AG raised its stake in Nordson by 7.3% during the fourth quarter. UBS Group AG now owns 432,984 shares of the industrial products company’s stock worth $104,102,000 after buying an additional 29,294 shares during the last quarter. Jackson Creek Investment Advisors LLC acquired a new position in Nordson in the fourth quarter valued at $1,426,000. Jennison Associates LLC boosted its position in Nordson by 539.2% during the fourth quarter. Jennison Associates LLC now owns 252,353 shares of the industrial products company’s stock valued at $60,673,000 after acquiring an additional 212,876 shares during the last quarter. Finally, Reflection Asset Management bought a new stake in Nordson during the fourth quarter valued at $1,460,000. Institutional investors own 72.11% of the company’s stock.

More Nordson News

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Strong Q3 earnings beat: Nordson reported adjusted EPS of $3.25, above the $3.09 analyst consensus and up from $2.73 a year earlier. Revenue reached a record $817.7 million, beating estimates of $779.5 million and rising approximately 10% year over year. Nordson Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Higher fiscal 2026 guidance: Management raised its adjusted EPS outlook to $11.80-$12.00, above the approximately $11.59 consensus. Full-year sales are projected at roughly $3.035-$3.075 billion, while backlog increased 35% year over year. Nordson Reports Record Third Quarter Results
• Positive Sentiment: Broad-based growth: Organic sales grew approximately 12%, with Advanced Technology Solutions sales up 28% to $220 million. Industrial Precision Solutions and Medical and Fluid Solutions sales each increased 5%. Nordson Reports Record Sales and Raises Guidance
• Positive Sentiment: Analyst support: D.A. Davidson maintained a Buy rating and a $345 price target, citing the strong quarterly beat and improved guidance. Nordson Strong Q3 Beat and Raised Guidance
• Positive Sentiment: Medical product launch: Nordson MEDICAL introduced its Divert ULTRA line of ultra-high-pressure stopcocks, expanding its offerings for demanding medical applications. Nordson MEDICAL Introduces Divert ULTRA
• Negative Sentiment: Insider selling is a cautionary signal: Data cited in the reports show 46 open-market insider sales and no purchases during the past six months, including substantial sales by senior executives. This may temper enthusiasm, although the transactions do not outweigh the immediate earnings and guidance catalysts.

About Nordson

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.