Shares of Nordson Corporation (NASDAQ:NDSN – Get Free Report) have earned a consensus rating of “Hold” from the nine ratings firms that are currently covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $311.2857.
A number of research analysts have recently issued reports on the company. BNP Paribas Exane upped their price target on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a report on Friday, May 22nd. Jefferies Financial Group reaffirmed a “hold” rating and set a $300.00 price target on shares of Nordson in a report on Monday, February 23rd. DA Davidson upped their price target on Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. Robert W. Baird upped their price objective on Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Finally, Weiss Ratings cut Nordson from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday.
Read Our Latest Stock Analysis on Nordson
Nordson Trading Up 0.2%
Nordson (NASDAQ:NDSN – Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.82 by $0.04. The firm had revenue of $740.85 million for the quarter, compared to the consensus estimate 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 period in the prior year, the company 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. Sell-side analysts expect that Nordson will post 11.59 earnings per share for the current year.
Nordson Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Thursday, June 18th will be given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, June 18th. Nordson’s dividend payout ratio is 34.97%.
Insiders Place Their Bets
In related news, EVP Justin E. Hall sold 716 shares of the company’s stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $275.82, for a total transaction of $197,487.12. Following the completion of the sale, the executive vice president owned 1,515 shares in the company, valued at approximately $417,867.30. This represents 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 on Friday, April 17th. The shares were sold at an average price of $280.00, for a total value of $868,000.00. Following 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. 0.84% of the stock is currently owned by corporate insiders.
Institutional Trading of Nordson
Hedge funds have recently bought and sold shares of the company. Private Trust Co. NA increased its position in Nordson by 70.8% during the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 51 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Nordson in the second quarter worth about $31,000. MUFG Securities EMEA plc purchased a new stake in Nordson in the second quarter worth about $34,000. Hantz Financial Services Inc. increased its position in Nordson by 43.4% in the fourth quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock worth $37,000 after buying an additional 46 shares in the last quarter. Finally, Measured Wealth Private Client Group LLC purchased a new stake in Nordson in the fourth quarter worth about $40,000. Hedge funds and other 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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