Nordson (NASDAQ:NDSN) Stock Rating Upgraded by Seaport Res Ptn

Nordson (NASDAQ:NDSN) was upgraded by equities research analysts at Seaport Res Ptn from a “hold” rating to a “strong-buy” rating in a research report issued 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. Baird R W lowered shares of Nordson from a “strong-buy” rating to a “hold” rating in a report on Friday, December 13th. Robert W. Baird reissued a “neutral” rating and issued a $237.00 price target (down from $294.00) on shares of Nordson in a research note on Friday, December 13th. Finally, DA Davidson decreased their target price on Nordson from $295.00 to $285.00 and set a “buy” rating for the company in a research report on Friday, December 13th. Four 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’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $279.00.

Nordson Stock Down 0.0 %

NDSN 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 company has a fifty day moving average price of $252.89 and a 200-day moving average price of $245.80. The firm has a market capitalization 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 has a one year low of $222.18 and a one year high of $279.38.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings data on Wednesday, December 11th. The industrial products company reported $2.78 earnings per share (EPS) 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 analysts’ expectations of $736.83 million. During the same period in the prior year, the business earned $2.46 EPS. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. Equities research analysts expect that Nordson will post 10.35 earnings per share for the current fiscal year.

Insider Activity at Nordson

In other news, EVP Jennifer L. Mcdonough sold 225 shares of the company’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $262.27, for a total transaction of $59,010.75. Following the transaction, the executive vice president now directly owns 3,287 shares of the company’s stock, valued at $862,081.49. This represents a 6.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Joseph P. Kelley sold 3,000 shares of Nordson stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of $249.98, for a total value of $749,940.00. Following the completion of the sale, the executive vice president now owns 8,659 shares of the company’s stock, valued at $2,164,576.82. The trade was a 25.73 % 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 valued at $914,400. 0.86% of the stock is owned by insiders.

Institutional Trading of Nordson

A number of hedge funds have recently bought and sold shares of the company. Franklin Resources Inc. increased its stake in shares of Nordson by 6.2% in the 3rd quarter. Franklin Resources Inc. now owns 84,697 shares of the industrial products company’s stock worth $21,841,000 after purchasing an additional 4,919 shares in the last quarter. Tidal Investments LLC increased its position in Nordson by 1.8% in the third quarter. Tidal Investments LLC now owns 14,181 shares of the industrial products company’s stock worth $3,724,000 after buying an additional 257 shares in the last quarter. Sanctuary Advisors LLC raised its stake in shares of Nordson by 8.3% in the third quarter. Sanctuary Advisors LLC now owns 17,311 shares of the industrial products company’s stock worth $4,523,000 after buying an additional 1,326 shares during the period. Geode Capital Management LLC lifted its position in shares of Nordson by 1.0% during 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 in the last quarter. Finally, M&T Bank Corp grew its stake in shares of Nordson by 1.1% during the 3rd quarter. M&T Bank Corp now owns 8,526 shares of the industrial products company’s stock valued at $2,239,000 after acquiring an additional 93 shares during the period. Hedge funds and other institutional investors own 72.11% of the company’s stock.

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.