DA Davidson Reiterates Buy Rating for Nordson (NASDAQ:NDSN)

Nordson (NASDAQ:NDSN)‘s stock had its “buy” rating reaffirmed by stock analysts at DA Davidson in a research report issued on Thursday,Benzinga reports. They presently have a $285.00 price objective on the industrial products company’s stock. DA Davidson’s price objective would indicate a potential upside of 21.04% from the company’s previous close.

Several other research analysts have also weighed in on the stock. KeyCorp boosted their price objective on shares of Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a research note on Thursday. Wall Street Zen raised Nordson from a “hold” rating to a “buy” rating in a report on Sunday, November 30th. Jefferies Financial Group reaffirmed a “hold” rating and set a $240.00 price target on shares of Nordson in a report on Thursday, August 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nordson in a research report on Wednesday, October 8th. Finally, Robert W. Baird upped their price objective on shares of Nordson from $245.00 to $252.00 and gave the company a “neutral” rating in a report on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Nordson currently has an average rating of “Moderate Buy” and a consensus target price of $264.88.

Nordson Trading Up 0.4%

NASDAQ NDSN opened at $235.45 on Thursday. Nordson has a 52 week low of $165.03 and a 52 week high of $251.47. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.11 and a current ratio of 1.64. The stock’s 50 day moving average price is $233.80 and its two-hundred day moving average price is $224.08. The stock has a market capitalization of $13.23 billion, a price-to-earnings ratio of 27.60, a PEG ratio of 1.63 and a beta of 1.01.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings data on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.93 by $0.10. The company had revenue of $751.82 million for the quarter, compared to the consensus estimate of $761.03 million. Nordson had a net margin of 17.35% and a return on equity of 19.64%. The firm’s revenue was up 1.0% compared to the same quarter last year. During the same period last year, the company earned $2.78 earnings per share. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. As a group, analysts anticipate that Nordson will post 10.2 earnings per share for the current fiscal year.

Insider Activity

In other Nordson news, EVP James E. Devries sold 9,100 shares of the firm’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $233.60, for a total value of $2,125,760.00. Following the transaction, the executive vice president directly owned 51,223 shares of the company’s stock, valued at $11,965,692.80. This trade represents a 15.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Joseph P. Kelley sold 2,200 shares of the stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $240.00, for a total transaction of $528,000.00. Following the sale, the executive vice president owned 6,405 shares in the company, valued at $1,537,200. This represents a 25.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 13,600 shares of company stock valued at $3,188,257 in the last ninety days. 0.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Quarry LP bought a new position in Nordson in the first quarter valued at about $28,000. Trust Co. of Toledo NA OH acquired a new position in Nordson in the second quarter valued at $31,000. CYBER HORNET ETFs LLC acquired a new position in shares of Nordson in the 2nd quarter valued at about $31,000. Caitong International Asset Management Co. Ltd grew its stake in Nordson by 640.0% during the second quarter. Caitong International Asset Management Co. Ltd now owns 148 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 128 shares during the period. Finally, Quent Capital LLC bought a new stake in Nordson in the third quarter worth approximately $32,000. 72.11% of the stock is currently owned by institutional investors.

Nordson Company Profile

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.