Nordson (NASDAQ:NDSN) Upgraded 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 research report sent to investors 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.

Several other research analysts have also recently commented on NDSN. Robert W. Baird reissued a “neutral” rating and set a $237.00 price target (down from $294.00) on shares of Nordson in a research report on Friday, December 13th. Baird R W lowered Nordson from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Finally, DA Davidson reduced their target price on Nordson from $295.00 to $285.00 and set a “buy” rating for the company in a research note on Friday, December 13th. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Nordson has a consensus rating of “Moderate Buy” and a consensus target price of $279.00.

Nordson Stock Down 0.0 %

NDSN stock opened at $224.01 on Tuesday. 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 market capitalization of $12.81 billion, a P/E ratio of 27.62, a P/E/G ratio of 1.85 and a beta of 0.90. Nordson has a fifty-two week low of $222.18 and a fifty-two week high of $279.38. The business has a 50-day moving average of $252.89 and a 200-day moving average of $245.80.

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

Insider Buying and Selling at Nordson

In related news, EVP Jennifer L. Mcdonough sold 225 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $862,081.49. This represents a 6.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Stephen Lovass sold 317 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $260.75, for a total transaction of $82,657.75. Following the transaction, the executive vice president now directly owns 6,666 shares in the company, valued at approximately $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. Insiders have sold a total of 3,629 shares of company stock valued at $914,400 in the last three months. 0.86% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. State Street Corp grew its holdings in shares of Nordson by 7.2% during the 3rd 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 in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its stake in Nordson by 2.7% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,591,323 shares of the industrial products company’s stock worth $601,032,000 after buying an additional 68,810 shares in the last quarter. Geode Capital Management LLC increased its holdings in Nordson by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,443,366 shares of the industrial products company’s stock valued at $377,919,000 after buying an additional 14,780 shares during the period. American Century Companies Inc. raised its position in shares of Nordson by 2.7% in the 2nd quarter. American Century Companies Inc. now owns 601,984 shares of the industrial products company’s stock valued at $139,624,000 after buying an additional 15,947 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Nordson by 2.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 490,167 shares of the industrial products company’s stock worth $113,689,000 after acquiring an additional 11,809 shares during the period. Institutional investors and hedge funds own 72.11% of the company’s stock.

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.