FY2025 EPS Estimates for Nordson Co. (NASDAQ:NDSN) Decreased by DA Davidson

Nordson Co. (NASDAQ:NDSN) – Investment analysts at DA Davidson dropped their FY2025 earnings per share (EPS) estimates for shares of Nordson in a research report issued to clients and investors on Wednesday, May 22nd. DA Davidson analyst M. Summerville now expects that the industrial products company will earn $10.60 per share for the year, down from their prior estimate of $11.15. DA Davidson currently has a “Buy” rating and a $295.00 price objective on the stock. The consensus estimate for Nordson’s current full-year earnings is $9.49 per share.

Nordson (NASDAQ:NDSN) last posted its earnings results on Monday, May 20th. The industrial products company reported $2.34 earnings per share for the quarter, topping analysts’ consensus estimates of $2.30 by $0.04. Nordson had a return on equity of 20.20% and a net margin of 18.23%. The firm had revenue of $650.64 million for the quarter, compared to the consensus estimate of $661.06 million. During the same quarter in the prior year, the business earned $2.26 EPS. The business’s revenue for the quarter was up .1% on a year-over-year basis.

A number of other brokerages have also recently commented on NDSN. Robert W. Baird dropped their price target on Nordson from $303.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday. Wells Fargo & Company upped their price objective on Nordson from $290.00 to $315.00 and gave the company an “overweight” rating in a research report on Friday, February 23rd. StockNews.com raised Nordson from a “hold” rating to a “buy” rating in a research report on Monday. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Nordson in a research report on Monday, February 26th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $277.83.

Nordson Stock Up 0.3 %

Shares of NDSN stock traded up $0.69 during midday trading on Friday, reaching $238.59. 63,990 shares of the stock were exchanged, compared to its average volume of 227,983. Nordson has a 1 year low of $208.91 and a 1 year high of $279.38. The company’s 50 day moving average is $266.04 and its two-hundred day moving average is $256.41. The company has a current ratio of 2.21, a quick ratio of 1.37 and a debt-to-equity ratio of 0.51. The firm has a market cap of $13.64 billion, a PE ratio of 28.36, a price-to-earnings-growth ratio of 1.97 and a beta of 1.00.

Nordson Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 4th. Shareholders of record on Tuesday, May 21st will be issued a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Monday, May 20th. Nordson’s dividend payout ratio (DPR) is presently 32.42%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Teacher Retirement System of Texas lifted its holdings in shares of Nordson by 1.6% in the 3rd quarter. Teacher Retirement System of Texas now owns 3,958 shares of the industrial products company’s stock valued at $883,000 after acquiring an additional 61 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of Nordson by 5.4% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,043 shares of the industrial products company’s stock valued at $233,000 after acquiring an additional 53 shares during the last quarter. MGO One Seven LLC lifted its holdings in shares of Nordson by 9.9% in the 3rd quarter. MGO One Seven LLC now owns 1,069 shares of the industrial products company’s stock valued at $239,000 after acquiring an additional 96 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in shares of Nordson by 8.7% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 137,023 shares of the industrial products company’s stock valued at $30,579,000 after acquiring an additional 10,997 shares during the last quarter. Finally, Signaturefd LLC lifted its holdings in shares of Nordson by 42.3% in the 3rd quarter. Signaturefd LLC now owns 1,012 shares of the industrial products company’s stock valued at $226,000 after acquiring an additional 301 shares during the last quarter. Institutional investors own 72.11% of the company’s stock.

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.