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

Nordson (NASDAQ:NDSN) was upgraded by stock analysts at Seaport Res Ptn from a “hold” rating to a “strong-buy” rating in a research note issued to investors 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.

Other equities analysts have also issued research reports about the company. Baird R W lowered Nordson from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Robert W. Baird reiterated a “neutral” rating and set a $237.00 target price (down from $294.00) on shares of Nordson in a research report on Friday, December 13th. Finally, DA Davidson dropped their price target 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 equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $279.00.

Nordson Trading Down 5.0 %

NASDAQ NDSN opened at $212.79 on Tuesday. Nordson has a 12 month low of $212.33 and a 12 month high of $279.38. The company has a current ratio of 2.41, a quick ratio of 1.52 and a debt-to-equity ratio of 0.72. The stock’s fifty day moving average price is $252.08 and its 200-day moving average price is $245.57. The stock has a market cap of $12.17 billion, a P/E ratio of 26.24, a P/E/G ratio of 1.70 and a beta of 0.90.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings data 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 net margin of 17.37% and a return on equity of 19.87%. The company had revenue of $744.00 million during the quarter, compared to analyst estimates of $736.83 million. During the same period in the previous year, the business earned $2.46 EPS. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. As a group, equities analysts forecast that Nordson will post 10.34 EPS for the current fiscal year.

Insider Transactions at Nordson

In other news, EVP Jennifer L. Mcdonough sold 225 shares of the 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 completion of the sale, the executive vice president now owns 3,287 shares in the company, valued at approximately $862,081.49. This represents a 6.41 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 value of $82,657.75. Following the completion of the sale, the executive vice president now directly owns 6,666 shares of the company’s stock, valued at approximately $1,738,159.50. This represents a 4.54 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 3,629 shares of company stock valued at $914,400. Company insiders own 0.86% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of NDSN. Procyon Advisors LLC boosted its position in Nordson by 2.9% in the 3rd quarter. Procyon Advisors LLC now owns 1,397 shares of the industrial products company’s stock worth $367,000 after purchasing an additional 39 shares in the last quarter. Mitchell & Pahl Private Wealth LLC boosted its stake in Nordson by 1.0% during the third quarter. Mitchell & Pahl Private Wealth LLC now owns 4,005 shares of the industrial products company’s stock worth $1,052,000 after buying an additional 39 shares during the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of Nordson by 1.5% in the third quarter. Creative Financial Designs Inc. ADV now owns 2,863 shares of the industrial products company’s stock valued at $752,000 after purchasing an additional 42 shares during the period. Covestor Ltd grew its stake in shares of Nordson by 18.8% in the 3rd quarter. Covestor Ltd now owns 272 shares of the industrial products company’s stock valued at $72,000 after buying an additional 43 shares during the period. Finally, Van ECK Associates Corp increased its stake in Nordson by 0.6% during the second quarter. Van ECK Associates Corp now owns 7,724 shares of the industrial products company’s stock worth $1,792,000 after acquiring an additional 49 shares during the last quarter. 72.11% of the stock is currently owned by hedge funds and other 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.