Oppenheimer Issues Positive Forecast for Nordson (NASDAQ:NDSN) Stock Price

Nordson (NASDAQ:NDSN) had its target price lifted by Oppenheimer from $325.00 to $335.00 in a report released on Friday morning, Marketbeat reports. Oppenheimer currently has an outperform rating on the industrial products company’s stock.

Other equities research analysts have also issued reports about the company. DA Davidson lifted their price target on Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday. BNP Paribas Exane raised their price objective on 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 cut shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. KeyCorp upped their target price on shares of Nordson from $295.00 to $325.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Finally, Robert W. Baird increased their price target on shares of Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Nordson presently has a consensus rating of “Moderate Buy” and an average price target of $311.29.

Nordson Price Performance

Shares of NDSN stock opened at $287.33 on Friday. The firm has a market cap of $16.01 billion, a P/E ratio of 30.63, a P/E/G ratio of 1.92 and a beta of 0.99. Nordson has a fifty-two week low of $205.17 and a fifty-two week high of $305.28. The business’s 50 day moving average price is $276.96 and its 200-day moving average price is $266.17. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.65 and a current ratio of 2.60.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.82 by $0.04. The firm had revenue of $740.85 million for the quarter, compared to analyst estimates of $728.78 million. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period last year, the company earned $2.42 EPS. 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, equities research analysts anticipate that Nordson will post 11.53 earnings per share for the current year.

Nordson Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 3rd. Shareholders of record on Thursday, March 19th were issued a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, March 19th. Nordson’s payout ratio is 34.97%.

Insiders Place Their Bets

In other news, EVP Srinivas Subramanian sold 3,100 shares of the company’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $280.00, for a total transaction of $868,000.00. Following the transaction, the executive vice president directly owned 6,407 shares of the company’s stock, valued at $1,793,960. This represents a 32.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin E. Hall sold 716 shares of the company’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total value of $197,487.12. Following the transaction, the executive vice president directly owned 1,515 shares in the company, valued at approximately $417,867.30. The trade was a 32.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.84% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Private Trust Co. NA lifted its holdings in Nordson by 70.8% in 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 period. 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. 72.11% of the stock is owned by institutional investors.

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.