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

Seaport Res Ptn upgraded shares of Nordson (NASDAQ:NDSN - Free Report) from a hold rating to a strong-buy rating in a research note published on Tuesday morning,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 research analysts have also issued research reports about the stock. Baird R W lowered shares of Nordson from a "strong-buy" rating to a "hold" rating in a research report on Friday, December 13th. DA Davidson reduced their price objective on shares of Nordson from $295.00 to $285.00 and set a "buy" rating on the stock in a research note on Friday, December 13th. Finally, Robert W. Baird restated a "neutral" rating and issued a $237.00 target price (down from $294.00) on shares of Nordson 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 stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $279.00.

Nordson Stock Performance

Shares of NASDAQ NDSN traded down $11.22 during trading hours on Tuesday, reaching $212.79. 553,995 shares of the stock were exchanged, compared to its average volume of 244,217. The firm has a market capitalization of $12.17 billion, a price-to-earnings ratio of 26.24, a P/E/G ratio of 1.85 and a beta of 0.90. The stock's fifty day simple moving average is $252.89 and its 200 day simple moving average is $245.80. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.52 and a current ratio of 2.36. Nordson has a 52 week low of $212.33 and a 52 week high of $279.38.

Nordson (NASDAQ:NDSN - Get Free Report) last posted its quarterly earnings data on Wednesday, December 11th. The industrial products company reported $2.78 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $736.83 million. During the same quarter last year, the business earned $2.46 EPS. The company's quarterly revenue was up 3.5% compared to the same quarter last year. Sell-side analysts predict that Nordson will post 10.35 EPS for the current year.

Insider Buying and Selling at Nordson

In related 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 value of $59,010.75. Following the completion of the sale, the executive vice president now directly owns 3,287 shares in the company, valued at $862,081.49. This represents a 6.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 transaction, the executive vice president now directly owns 8,659 shares in the company, 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. Over the last three months, insiders sold 3,629 shares of company stock worth $914,400. 0.86% of the stock is currently owned by insiders.

Institutional Trading of Nordson

Institutional investors have recently added to or reduced their stakes in the stock. Procyon Advisors LLC lifted its position in shares of 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 during the period. Mitchell & Pahl Private Wealth LLC lifted its holdings in Nordson by 1.0% in the third quarter. Mitchell & Pahl Private Wealth LLC now owns 4,005 shares of the industrial products company's stock valued at $1,052,000 after buying an additional 39 shares during the period. Creative Financial Designs Inc. ADV boosted its position in Nordson by 1.5% during 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 acquiring an additional 42 shares during the last quarter. Covestor Ltd grew its holdings in Nordson by 18.8% during the 3rd quarter. Covestor Ltd now owns 272 shares of the industrial products company's stock worth $72,000 after acquiring an additional 43 shares during the period. Finally, Van ECK Associates Corp raised its position in shares of Nordson by 0.6% in the 2nd 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 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.