Nordson (NASDAQ:NDSN) Rating Increased to Strong-Buy 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 released on Tuesday,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.

NDSN has been the subject of a number of other reports. Robert W. Baird reissued a “neutral” rating and set a $237.00 price objective (down from $294.00) on shares of Nordson in a report on Friday, December 13th. Baird R W cut shares of Nordson from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Finally, DA Davidson decreased their price target on Nordson from $295.00 to $285.00 and set a “buy” rating on the stock in a research report on Friday, December 13th. Four analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $279.00.

Nordson Stock Down 0.0 %

Shares of NDSN stock opened at $224.01 on Tuesday. Nordson has a one year low of $222.18 and a one year high of $279.38. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.36 and a quick ratio of 1.52. The stock has a fifty day moving average price of $252.89 and a 200 day moving average price of $245.80. The stock has a market cap of $12.81 billion, a P/E ratio of 27.62, a price-to-earnings-growth ratio of 1.85 and a beta of 0.90.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings results on Wednesday, December 11th. The industrial products company reported $2.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.19. The firm had revenue of $744.00 million during the quarter, compared to analyst estimates of $736.83 million. Nordson had a net margin of 17.37% and a return on equity of 20.12%. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.46 earnings per share. Analysts predict that Nordson will post 10.35 earnings per share for the current year.

Insider Buying and Selling at Nordson

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

Institutional Trading of Nordson

A number of institutional investors and hedge funds have recently modified their holdings of NDSN. Massachusetts Financial Services Co. MA raised its stake in Nordson by 289.2% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 260,312 shares of the industrial products company’s stock worth $60,377,000 after buying an additional 193,421 shares during the period. State Street Corp raised its position in shares of Nordson by 7.2% during the third quarter. State Street Corp now owns 2,638,375 shares of the industrial products company’s stock worth $692,916,000 after purchasing an additional 177,282 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Nordson by 26,109.1% during the 3rd quarter. International Assets Investment Management LLC now owns 104,050 shares of the industrial products company’s stock valued at $27,327,000 after purchasing an additional 103,653 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of Nordson by 2.7% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,591,323 shares of the industrial products company’s stock valued at $601,032,000 after purchasing an additional 68,810 shares during the period. Finally, Natixis Advisors LLC grew its position in shares of Nordson by 71.0% in the 3rd quarter. Natixis Advisors LLC now owns 157,582 shares of the industrial products company’s stock valued at $41,386,000 after purchasing an additional 65,436 shares during the period. 72.11% of the stock is 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.