Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Nordson Co. NASDAQ: NDSN. In a filing disclosed on March 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in Nordson stock on February 25th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 3/7/2025.
- Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/6/2025.
- Purchased $1,001 - $15,000 in shares of SEA NYSE: SE on 3/5/2025.
- Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 3/4/2025.
- Sold $15,001 - $50,000 in shares of Alibaba Group NYSE: BABA on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Zoom Video Communications NASDAQ: ZM on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 3/3/2025.
- Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/3/2025.
Nordson Trading Up 0.6 %
NDSN traded up $1.18 during mid-day trading on Wednesday, hitting $202.13. 90,280 shares of the stock were exchanged, compared to its average volume of 338,231. The company has a market cap of $11.50 billion, a PE ratio of 25.72, a PEG ratio of 1.65 and a beta of 0.92. The company has a current ratio of 2.53, a quick ratio of 1.51 and a debt-to-equity ratio of 0.72. The firm's fifty day moving average is $212.35 and its two-hundred day moving average is $231.43. Nordson Co. has a 1-year low of $196.83 and a 1-year high of $279.38.
Nordson (NASDAQ:NDSN - Get Free Report) last issued its quarterly earnings results 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 business had revenue of $615.42 million for the quarter, compared to analyst estimates of $639.40 million. Nordson had a return on equity of 19.28% and a net margin of 16.93%. Equities analysts forecast that Nordson Co. will post 10.2 earnings per share for the current fiscal year.
Nordson Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, March 20th will be issued a $0.78 dividend. The ex-dividend date is Thursday, March 20th. This represents a $3.12 annualized dividend and a dividend yield of 1.54%. Nordson's dividend payout ratio is presently 39.69%.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. Nomura Asset Management Co. Ltd. lifted its position 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 valued at $45,533,000 after acquiring an additional 20,217 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Nordson by 10.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 514,557 shares of the industrial products company's stock valued at $135,138,000 after purchasing an additional 48,720 shares during the last quarter. Holocene Advisors LP lifted its holdings in shares of 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 purchasing an additional 15,524 shares during the last quarter. Worldquant Millennium Advisors LLC boosted its position in shares of Nordson by 47.5% in 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 period. Finally, Strategic Financial Concepts LLC purchased a new position in Nordson during the 4th quarter worth approximately $4,553,000. Institutional investors and hedge funds own 72.11% of the company's stock.
Analysts Set New Price Targets
A number of analysts have recently weighed in on NDSN shares. DA Davidson cut their price objective on Nordson from $295.00 to $285.00 and set a "buy" rating on the stock in a research report on Friday, December 13th. BNP Paribas downgraded 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. Seaport Res Ptn upgraded Nordson from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, December 17th. Loop Capital raised shares of Nordson from a "hold" rating to a "buy" rating and raised their target price for the company from $255.00 to $280.00 in a report on Wednesday, January 22nd. Finally, Robert W. Baird reiterated a "neutral" rating and set a $237.00 price target (down previously from $294.00) on shares of Nordson in a report on Friday, December 13th. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Nordson has a consensus rating of "Moderate Buy" and a consensus price target of $256.20.
Get Our Latest Analysis on NDSN
Insiders Place Their Bets
In other Nordson news, EVP Stephen Lovass sold 1,299 shares of the firm's stock in a transaction 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 transaction, the executive vice president now directly 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 position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.80% of the stock is currently owned by corporate insiders.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
Nordson Company Profile
(
Get Free Report)
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.
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