Nordson Co. to Post FY2025 Earnings of $10.60 Per Share, DA Davidson Forecasts (NASDAQ:NDSN)

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

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

Nordson Stock Performance

NDSN traded up $0.69 during trading hours on Friday, reaching $238.59. The company’s stock had a trading volume of 63,990 shares, compared to its average volume of 227,983. Nordson has a 52 week low of $208.91 and a 52 week high of $279.38. The company’s 50-day moving average is $266.04 and its 200-day moving average is $256.41. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.37 and a current ratio of 2.21. 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 (NASDAQ:NDSN) last posted its quarterly earnings results on Monday, May 20th. The industrial products company reported $2.34 earnings per share for the quarter, beating 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 business had revenue of $650.64 million for the quarter, compared to analysts’ expectations of $661.06 million. During the same quarter in the prior year, the business earned $2.26 EPS. The firm’s revenue for the quarter was up .1% on a year-over-year basis.

Nordson Announces Dividend

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

Hedge Funds Weigh In On Nordson

Several large investors have recently bought and sold shares of NDSN. Teacher Retirement System of Texas raised its position in Nordson by 1.6% in the third quarter. Teacher Retirement System of Texas now owns 3,958 shares of the industrial products company’s stock valued at $883,000 after purchasing an additional 61 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. raised its position in shares of Nordson by 5.4% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,043 shares of the industrial products company’s stock worth $233,000 after acquiring an additional 53 shares during the last quarter. MGO One Seven LLC lifted its stake in shares of Nordson by 9.9% in the third quarter. MGO One Seven LLC now owns 1,069 shares of the industrial products company’s stock worth $239,000 after acquiring an additional 96 shares during the period. Nomura Asset Management Co. Ltd. lifted its stake in shares of Nordson by 8.7% in the third quarter. Nomura Asset Management Co. Ltd. now owns 137,023 shares of the industrial products company’s stock worth $30,579,000 after acquiring an additional 10,997 shares during the period. Finally, Signaturefd LLC lifted its stake in shares of Nordson by 42.3% in the third quarter. Signaturefd LLC now owns 1,012 shares of the industrial products company’s stock worth $226,000 after acquiring an additional 301 shares during the period. 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.