What is KeyCorp’s Forecast for Nordson FY2025 Earnings?

Nordson Co. (NASDAQ:NDSN) – Investment analysts at KeyCorp issued their FY2025 EPS estimates for shares of Nordson in a research report issued to clients and investors on Tuesday, March 4th. KeyCorp analyst J. Hammond anticipates that the industrial products company will post earnings per share of $9.90 for the year. KeyCorp currently has a “Overweight” rating and a $260.00 price target on the stock. The consensus estimate for Nordson’s current full-year earnings is $10.20 per share.

A number of other analysts have also weighed in on the stock. DA Davidson dropped their target price on shares of Nordson from $295.00 to $285.00 and set a “buy” rating for the company in a report on Friday, December 13th. Loop Capital upgraded Nordson from a “hold” rating to a “buy” rating and increased their price objective for the stock from $255.00 to $280.00 in a report on Wednesday, January 22nd. Seaport Res Ptn raised Nordson from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 17th. Robert W. Baird restated a “neutral” rating and set a $237.00 target price (down previously from $294.00) on shares of Nordson in a report on Friday, December 13th. Finally, BNP Paribas cut shares of Nordson from an “outperform” rating to a “neutral” rating and set a $219.00 price target on the stock. in a report on Monday, February 24th. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Nordson currently has a consensus rating of “Moderate Buy” and a consensus price target of $256.20.

Nordson Price Performance

Shares of Nordson stock opened at $211.54 on Thursday. The firm has a market cap of $12.04 billion, a PE ratio of 26.91, a price-to-earnings-growth ratio of 1.65 and a beta of 0.92. Nordson has a 12-month low of $196.83 and a 12-month high of $279.38. The company has a quick ratio of 1.51, a current ratio of 2.53 and a debt-to-equity ratio of 0.72. The company’s fifty day simple moving average is $213.23 and its two-hundred day simple moving average is $237.42.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings data on Wednesday, February 19th. The industrial products company reported $2.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.08 by ($0.02). The company had revenue of $615.42 million for the quarter, compared to the consensus estimate of $639.40 million. Nordson had a net margin of 16.93% and a return on equity of 19.28%.

Nordson Dividend Announcement

The company also recently disclosed 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 (DPR) is 39.69%.

Insider Buying and Selling at Nordson

In other Nordson news, EVP Stephen Lovass sold 1,299 shares of Nordson stock in a transaction 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 approximately $1,519,286.13. The trade was a 15.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.80% of the company’s stock.

Hedge Funds Weigh In On Nordson

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