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 research report report published 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.

Several other research firms also recently weighed in on NDSN. DA Davidson decreased their price objective on Nordson from $295.00 to $285.00 and set a “buy” rating for the company in a report on Friday, December 13th. Robert W. Baird restated a “neutral” rating and issued a $237.00 price target (down previously from $294.00) on shares of Nordson in a report on Friday, December 13th. Finally, Baird R W downgraded shares of Nordson from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Four equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Nordson currently has an average rating of “Moderate Buy” and a consensus price target of $279.00.

Nordson Stock Down 1.8 %

NDSN opened at $208.94 on Tuesday. Nordson has a 52 week low of $208.82 and a 52 week high of $279.38. The company has a quick ratio of 1.52, a current ratio of 2.41 and a debt-to-equity ratio of 0.72. The firm has a 50-day simple moving average of $251.19 and a two-hundred day simple moving average of $245.32. The company has a market capitalization of $11.95 billion, a PE ratio of 25.76, a price-to-earnings-growth ratio of 1.70 and a beta of 0.90.

Nordson (NASDAQ:NDSN) last released its earnings results on Wednesday, December 11th. The industrial products company reported $2.78 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.19. The firm had revenue of $744.00 million for the quarter, compared to the consensus estimate of $736.83 million. Nordson had a return on equity of 19.87% and a net margin of 17.37%. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.46 EPS. Analysts forecast that Nordson will post 10.34 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Thursday, January 2nd will be given a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.49%. Nordson’s dividend payout ratio (DPR) is presently 38.47%.

Insiders Place Their Bets

In related news, EVP Joseph P. Kelley sold 3,000 shares of Nordson stock in a transaction that occurred on Wednesday, October 9th. The shares were 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 in the company, valued at approximately $2,164,576.82. This trade represents a 25.73 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Stephen Lovass sold 317 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at approximately $1,738,159.50. The trade was a 4.54 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,629 shares of company stock valued at $914,400 in the last three months. 0.86% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Nordson

Institutional investors have recently modified their holdings of the business. Ashton Thomas Private Wealth LLC acquired a new stake in Nordson in the second quarter valued at approximately $27,000. Tortoise Investment Management LLC lifted its position in shares of Nordson by 70.7% during the 2nd quarter. Tortoise Investment Management LLC now owns 140 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 58 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Nordson by 130.0% during the third quarter. Blue Trust Inc. now owns 161 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 91 shares in the last quarter. Whittier Trust Co. of Nevada Inc. purchased a new position in Nordson in the second quarter valued at $46,000. Finally, UMB Bank n.a. raised its stake in Nordson by 2,387.5% in the second quarter. UMB Bank n.a. now owns 199 shares of the industrial products company’s stock valued at $46,000 after buying an additional 191 shares in the last quarter. Institutional investors and hedge funds 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.