Nordson (NASDAQ:NDSN) Upgraded at Seaport Res Ptn

Seaport Res Ptn upgraded shares of Nordson (NASDAQ:NDSN) from a hold rating to a strong-buy rating in a report published on Tuesday morning,Zacks.com reports. Seaport Res Ptn also issued estimates for Nordson’s Q1 2025 earnings at $2.10 EPS, Q2 2025 earnings at $2.38 EPS, Q3 2025 earnings at $2.61 EPS, Q4 2025 earnings at $2.93 EPS, FY2025 earnings at $10.01 EPS, Q1 2026 earnings at $2.51 EPS, Q2 2026 earnings at $2.64 EPS, Q3 2026 earnings at $2.82 EPS, Q4 2026 earnings at $3.09 EPS and FY2026 earnings at $11.07 EPS.

Other equities research analysts have also issued reports about the company. Baird R W lowered Nordson from a “strong-buy” rating to a “hold” rating in a report on Friday, December 13th. DA Davidson dropped their price objective on shares of Nordson from $295.00 to $285.00 and set a “buy” rating on the stock in a report on Friday, December 13th. Finally, Robert W. Baird restated a “neutral” rating and set a $237.00 target price (down previously from $294.00) on shares of Nordson in a research report on Friday, December 13th. Four investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $279.00.

Nordson Stock Down 1.8 %

Shares of Nordson stock opened at $208.94 on Tuesday. The company has a current ratio of 2.41, a quick ratio of 1.52 and a debt-to-equity ratio of 0.72. Nordson has a twelve month low of $208.82 and a twelve month high of $279.38. The stock has a market cap of $11.95 billion, a price-to-earnings ratio of 25.76, a price-to-earnings-growth ratio of 1.70 and a beta of 0.90. The company has a fifty day moving average price of $251.19 and a 200 day moving average price of $245.32.

Nordson (NASDAQ:NDSN) last issued its earnings results on Wednesday, December 11th. The industrial products company reported $2.78 EPS for the quarter, topping the consensus estimate of $2.59 by $0.19. The company had revenue of $744.00 million during the quarter, compared to analyst estimates of $736.83 million. Nordson had a return on equity of 19.87% and a net margin of 17.37%. The business’s revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.46 EPS. Equities research analysts forecast that Nordson will post 10.34 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Thursday, January 2nd will be issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 1.49%. Nordson’s dividend payout ratio (DPR) is 38.47%.

Insiders Place Their Bets

In other Nordson news, EVP Stephen Lovass sold 317 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $260.75, for a total value of $82,657.75. Following the completion of the sale, the executive vice president now directly owns 6,666 shares of the company’s stock, valued at approximately $1,738,159.50. This represents a 4.54 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Jennifer L. Mcdonough sold 225 shares of the stock in a transaction on Monday, November 11th. The shares were sold at an average price of $262.27, for a total value of $59,010.75. Following the transaction, the executive vice president now directly owns 3,287 shares of the company’s stock, valued at approximately $862,081.49. This trade represents a 6.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,629 shares of company stock valued at $914,400 in the last ninety days. 0.86% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Nordson

Large investors have recently bought and sold shares of the stock. Procyon Advisors LLC grew its holdings in Nordson by 2.9% in the third quarter. Procyon Advisors LLC now owns 1,397 shares of the industrial products company’s stock worth $367,000 after purchasing an additional 39 shares during the period. Mitchell & Pahl Private Wealth LLC increased its position in shares of Nordson by 1.0% during the 3rd quarter. Mitchell & Pahl Private Wealth LLC now owns 4,005 shares of the industrial products company’s stock valued at $1,052,000 after purchasing an additional 39 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of Nordson by 1.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,863 shares of the industrial products company’s stock worth $752,000 after purchasing an additional 42 shares during the period. Covestor Ltd boosted its holdings in shares of Nordson by 18.8% in the third quarter. Covestor Ltd now owns 272 shares of the industrial products company’s stock worth $72,000 after buying an additional 43 shares during the last quarter. Finally, Van ECK Associates Corp grew its position in Nordson by 0.6% during the second quarter. Van ECK Associates Corp now owns 7,724 shares of the industrial products company’s stock valued at $1,792,000 after buying an additional 49 shares during the period. 72.11% of the stock is owned by hedge funds and other institutional investors.

About Nordson

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.