Nordson (NASDAQ:NDSN) Upgraded by KeyCorp to Overweight Rating

KeyCorp upgraded shares of Nordson (NASDAQ:NDSN - Free Report) from a sector weight rating to an overweight rating in a report published on Tuesday, Marketbeat Ratings reports. The firm currently has $260.00 price target 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.

Other equities analysts have also issued research reports about the stock. Seaport Res Ptn raised shares of Nordson from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, December 17th. Robert W. Baird reaffirmed a "neutral" rating and set a $237.00 price objective (down previously from $294.00) on shares of Nordson in a research report on Friday, December 13th. DA Davidson decreased their target price on Nordson from $295.00 to $285.00 and set a "buy" rating on the stock in a research report on Friday, December 13th. Baird R W lowered Nordson from a "strong-buy" rating to a "hold" rating in a research note on Friday, December 13th. Finally, Loop Capital upgraded Nordson from a "hold" rating to a "buy" rating and raised their price objective for the stock from $255.00 to $280.00 in a research report on Wednesday, January 22nd. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $256.20.

Nordson Stock Performance

NDSN traded down $0.37 on Tuesday, hitting $210.07. The company had a trading volume of 64,008 shares, compared to its average volume of 347,584. Nordson has a 1-year low of $196.83 and a 1-year high of $279.38. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.53 and a quick ratio of 1.51. The company's fifty day moving average price is $213.27 and its 200 day moving average price is $237.61. The stock has a market cap of $11.96 billion, a price-to-earnings ratio of 26.75, a price-to-earnings-growth ratio of 1.65 and a beta of 0.92.

Nordson (NASDAQ:NDSN - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The industrial products company reported $2.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.08 by ($0.02). The firm had revenue of $615.42 million for the quarter, compared to the consensus estimate of $639.40 million. Nordson had a return on equity of 19.28% and a net margin of 16.93%. Equities analysts predict that Nordson will post 10.2 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, April 3rd. Shareholders of record on Thursday, March 20th will be given a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 1.49%. Nordson's dividend payout ratio (DPR) is 39.69%.

Insider Buying and Selling

In other news, EVP Stephen Lovass sold 1,299 shares of the firm's stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $206.79, for a total transaction of $268,620.21. Following the completion of the sale, the executive vice president now owns 7,347 shares of the company's stock, valued at approximately $1,519,286.13. This trade represents a 15.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of NDSN. UMB Bank n.a. raised its position in Nordson by 26.1% in the 4th quarter. UMB Bank n.a. now owns 251 shares of the industrial products company's stock valued at $53,000 after purchasing an additional 52 shares during the last quarter. Tortoise Investment Management LLC increased its stake in shares of Nordson by 73.7% in the fourth quarter. Tortoise Investment Management LLC now owns 271 shares of the industrial products company's stock valued at $57,000 after buying an additional 115 shares in the last quarter. Kapitalo Investimentos Ltda bought a new position in shares of Nordson in the fourth quarter valued at about $62,000. Brooklyn Investment Group lifted its position in Nordson by 695.0% during the 4th quarter. Brooklyn Investment Group now owns 318 shares of the industrial products company's stock worth $67,000 after buying an additional 278 shares in the last quarter. Finally, 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 last quarter. 72.11% of the stock is owned by institutional investors and hedge funds.

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.