Nordson (NASDAQ:NDSN) Downgraded by Wall Street Zen to “Hold”

Nordson (NASDAQ:NDSN) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

Other analysts also recently issued research reports about the company. Oppenheimer lifted their target price on Nordson from $325.00 to $335.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Weiss Ratings cut Nordson from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 12th. DA Davidson raised their price target on Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Finally, BNP Paribas Exane boosted their price target on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $311.29.

Nordson Stock Down 1.0%

Nordson stock opened at $301.47 on Friday. The company has a market cap of $16.80 billion, a P/E ratio of 32.14, a price-to-earnings-growth ratio of 2.02 and a beta of 0.97. Nordson has a 1-year low of $207.08 and a 1-year high of $307.74. The company has a fifty day simple moving average of $285.79 and a 200 day simple moving average of $274.01. The company has a current ratio of 2.60, a quick ratio of 1.65 and a debt-to-equity ratio of 0.58.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, topping the consensus estimate of $2.82 by $0.04. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The firm had revenue of $740.85 million for the quarter, compared to analysts’ expectations of $728.78 million. During the same period in the previous year, the firm posted $2.42 EPS. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. Research analysts anticipate that Nordson will post 11.59 earnings per share for the current fiscal year.

Insider Activity

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

Institutional Trading of Nordson

A number of hedge funds have recently made changes to their positions in NDSN. Polar Asset Management Partners Inc. increased its position in shares of Nordson by 67.0% in the third quarter. Polar Asset Management Partners Inc. now owns 39,754 shares of the industrial products company’s stock worth $9,022,000 after purchasing an additional 15,954 shares during the period. New York Life Investment Management LLC raised its stake in Nordson by 64.9% in the fourth 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 in the last quarter. UBS Group AG lifted its position 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 purchasing an additional 29,294 shares during the period. Kepler Cheuvreux Suisse SA bought a new stake in Nordson during the third quarter worth about $2,748,000. Finally, Assenagon Asset Management S.A. acquired a new stake in Nordson during the fourth quarter worth about $4,381,000. 72.11% of the stock is owned by institutional investors and hedge funds.

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.