Nordson (NASDAQ:NDSN) Rating Increased to Overweight at KeyCorp

KeyCorp upgraded shares of Nordson (NASDAQ:NDSN) from a sector weight rating to an overweight rating in a research note released on Tuesday, Marketbeat reports. The firm currently has $260.00 target price on the industrial products company’s stock. KeyCorp also issued estimates for Nordson’s Q2 2025 earnings at $2.38 EPS, Q3 2025 earnings at $2.53 EPS, Q4 2025 earnings at $2.92 EPS, FY2025 earnings at $9.90 EPS and FY2026 earnings at $10.60 EPS.

Several other equities research analysts also recently issued reports on the company. Robert W. Baird restated 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. DA Davidson dropped their price target on shares of Nordson from $295.00 to $285.00 and set a “buy” rating for the company in a research note on Friday, December 13th. BNP Paribas downgraded shares of Nordson from an “outperform” rating to a “neutral” rating and set a $219.00 price objective on the stock. in a research note on Monday, February 24th. Baird R W downgraded shares of Nordson from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. Finally, Seaport Res Ptn raised shares of Nordson from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 17th. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $256.20.

Nordson Trading Up 0.5 %

NDSN opened at $211.54 on Tuesday. The firm has a market capitalization of $12.04 billion, a P/E ratio of 26.91, a P/E/G ratio of 1.65 and a beta of 0.92. The firm’s 50 day moving average is $213.23 and its 200-day moving average is $237.42. The company has a quick ratio of 1.51, a current ratio of 2.53 and a debt-to-equity ratio of 0.72. Nordson has a 52-week low of $196.83 and a 52-week high of $279.38.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Wednesday, February 19th. The industrial products company reported $2.06 EPS for the quarter, missing analysts’ consensus estimates of $2.08 by ($0.02). The firm had revenue of $615.42 million during the quarter, compared to analyst estimates of $639.40 million. Nordson had a return on equity of 19.28% and a net margin of 16.93%. Analysts expect that Nordson will post 10.2 EPS for the current fiscal year.

Nordson Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th will be issued a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 1.47%. Nordson’s dividend payout ratio is currently 39.69%.

Insider Buying and Selling at Nordson

In related news, EVP Stephen Lovass sold 1,299 shares of the business’s stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $206.79, for a total transaction of $268,620.21. Following the completion of the transaction, the executive vice president now owns 7,347 shares in the company, valued at $1,519,286.13. The trade was a 15.02 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Nordson

A number of hedge funds have recently added to or reduced their stakes in NDSN. Nomura Asset Management Co. Ltd. increased its holdings in shares of Nordson by 13.2% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 173,373 shares of the industrial products company’s stock worth $45,533,000 after acquiring an additional 20,217 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Nordson by 10.5% in the third quarter. JPMorgan Chase & Co. now owns 514,557 shares of the industrial products company’s stock valued at $135,138,000 after purchasing an additional 48,720 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of Nordson by 23.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 321,742 shares of the industrial products company’s stock valued at $84,499,000 after buying an additional 61,430 shares during the last quarter. Holocene Advisors LP boosted its position in shares of Nordson by 113.8% during the third quarter. Holocene Advisors LP now owns 29,170 shares of the industrial products company’s stock worth $7,661,000 after buying an additional 15,524 shares during the period. Finally, Worldquant Millennium Advisors LLC grew its holdings in Nordson by 47.5% in the 3rd quarter. Worldquant Millennium Advisors LLC now owns 15,677 shares of the industrial products company’s stock worth $4,117,000 after buying an additional 5,046 shares in the last quarter. 72.11% of the stock is currently owned by 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.