What is KeyCorp’s Estimate for Nordson FY2025 Earnings?

Nordson Co. (NASDAQ:NDSN) – Research analysts at KeyCorp issued their FY2025 earnings per share estimates for shares of Nordson in a research report issued on Tuesday, March 4th. KeyCorp analyst J. Hammond expects that the industrial products company will earn $9.90 per share for the year. KeyCorp has a “Overweight” rating and a $260.00 price objective on the stock. The consensus estimate for Nordson’s current full-year earnings is $10.20 per share.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Wednesday, February 19th. The industrial products company reported $2.06 earnings per share for the quarter, missing the consensus estimate of $2.08 by ($0.02). The business had revenue of $615.42 million during 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%.

Several other brokerages have also weighed in on NDSN. Loop Capital raised Nordson from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $255.00 to $280.00 in a report on Wednesday, January 22nd. DA Davidson lowered their price objective on shares of Nordson from $295.00 to $285.00 and set a “buy” rating for the company in a report on Friday, December 13th. BNP Paribas lowered Nordson from an “outperform” rating to a “neutral” rating and set a $219.00 price objective for the company. in a research note on Monday, February 24th. Baird R W lowered Nordson from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. Finally, Robert W. Baird restated a “neutral” rating and issued a $237.00 target price (down previously from $294.00) on shares of Nordson in a research note on Friday, December 13th. Four analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Nordson has an average rating of “Moderate Buy” and a consensus target price of $256.20.

Nordson Trading Up 1.9 %

NASDAQ:NDSN opened at $210.44 on Thursday. The stock has a market capitalization of $11.98 billion, a price-to-earnings ratio of 26.77, a PEG ratio of 1.65 and a beta of 0.92. The firm has a fifty day simple moving average of $213.27 and a two-hundred day simple moving average of $237.61. Nordson has a 12 month low of $196.83 and a 12 month high of $279.38. The company has a current ratio of 2.53, a quick ratio of 1.51 and a debt-to-equity ratio of 0.72.

Nordson Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Thursday, January 2nd were given a dividend of $0.78 per share. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $3.12 annualized dividend and a dividend yield of 1.48%. Nordson’s dividend payout ratio is presently 39.69%.

Insider Activity

In other news, EVP Stephen Lovass sold 1,299 shares of the business’s stock in a transaction dated 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 in the company, valued at $1,519,286.13. The trade was a 15.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On Nordson

Institutional investors have recently added to or reduced their stakes in the business. UMB Bank n.a. grew its stake in shares of Nordson by 26.1% during the 4th quarter. UMB Bank n.a. now owns 251 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 52 shares during the period. Tortoise Investment Management LLC grew its position 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 purchasing an additional 115 shares during the last quarter. Kapitalo Investimentos Ltda purchased a new stake in shares of Nordson in the fourth quarter valued at $62,000. Brooklyn Investment Group increased 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 purchasing an additional 278 shares in the last quarter. Finally, Covestor Ltd raised its stake in Nordson by 18.8% in the 3rd quarter. Covestor Ltd now owns 272 shares of the industrial products company’s stock valued at $72,000 after purchasing an additional 43 shares during the last quarter. Hedge funds and other 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.