BNP Paribas Exane Forecasts Strong Price Appreciation for Nordson (NASDAQ:NDSN) Stock

Nordson (NASDAQ:NDSN) had its price target lifted by research analysts at BNP Paribas Exane from $285.00 to $290.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the industrial products company’s stock. BNP Paribas Exane’s price target points to a potential upside of 1.18% from the company’s current price.

Several other research firms have also recently weighed in on NDSN. Wall Street Zen cut Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. DA Davidson reaffirmed a “buy” rating and issued a $335.00 price target on shares of Nordson in a research report on Thursday. Robert W. Baird upped their price target on Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Oppenheimer increased their price objective on Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nordson in a research report on Friday, March 27th. Four investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Nordson has an average rating of “Hold” and a consensus target price of $308.43.

Nordson Stock Down 0.1%

Nordson stock traded down $0.16 during mid-day trading on Friday, hitting $286.61. 53,758 shares of the company’s stock were exchanged, compared to its average volume of 386,758. Nordson has a 1-year low of $191.99 and a 1-year high of $305.28. The stock has a 50 day moving average of $274.64 and a two-hundred day moving average of $263.99. The company has a current ratio of 2.72, a quick ratio of 1.74 and a debt-to-equity ratio of 0.63. The stock has a market cap of $15.99 billion, a P/E ratio of 30.55, a P/E/G ratio of 1.85 and a beta of 0.99.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.82 by $0.04. Nordson had a return on equity of 20.34% and a net margin of 18.19%.The business had revenue of $740.85 million for the quarter, compared to analyst estimates of $728.78 million. During the same quarter in the prior year, the firm posted $2.42 EPS. The firm’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. As a group, analysts anticipate that Nordson will post 11.47 EPS for the current fiscal year.

Insider Transactions at Nordson

In other Nordson news, CEO Sundaram Nagarajan sold 41,800 shares of Nordson stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $293.26, for a total transaction of $12,258,268.00. Following the sale, the chief executive officer owned 64,824 shares in the company, valued at $19,010,286.24. The trade was a 39.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Srinivas Subramanian sold 3,100 shares of the business’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $280.00, for a total transaction of $868,000.00. Following the completion of the sale, the executive vice president directly owned 6,407 shares in the company, valued at $1,793,960. This trade represents 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. Insiders sold a total of 77,393 shares of company stock worth $22,549,703 over the last quarter. 0.84% of the stock is owned by company insiders.

Institutional Investors Weigh In On Nordson

A number of institutional investors have recently added to or reduced their stakes in NDSN. Norges Bank acquired a new position in shares of Nordson in the 4th quarter worth approximately $191,654,000. M&T Bank Corp boosted its stake in Nordson by 10,127.9% in the 4th quarter. M&T Bank Corp now owns 586,877 shares of the industrial products company’s stock valued at $141,103,000 after buying an additional 581,139 shares in the last quarter. JPMorgan Chase & Co. grew its position in Nordson by 110.0% in the third quarter. JPMorgan Chase & Co. now owns 718,616 shares of the industrial products company’s stock valued at $163,093,000 after acquiring an additional 376,395 shares during the period. Millennium Management LLC raised its stake in Nordson by 61.9% during the third quarter. Millennium Management LLC now owns 592,385 shares of the industrial products company’s stock worth $134,442,000 after acquiring an additional 226,514 shares in the last quarter. Finally, Jennison Associates LLC raised its stake in Nordson by 539.2% during the fourth quarter. Jennison Associates LLC now owns 252,353 shares of the industrial products company’s stock worth $60,673,000 after acquiring an additional 212,876 shares in the last quarter. 72.11% of the stock is owned by institutional investors and hedge funds.

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.