Seaport Res Ptn Has Positive Outlook for Nordson Q4 Earnings

Nordson Co. (NASDAQ:NDSN - Free Report) - Equities research analysts at Seaport Res Ptn increased their Q4 2026 earnings per share estimates for shares of Nordson in a note issued to investors on Friday, May 30th. Seaport Res Ptn analyst W. Liptak now expects that the industrial products company will earn $3.16 per share for the quarter, up from their prior estimate of $3.12. The consensus estimate for Nordson's current full-year earnings is $10.20 per share.

Nordson (NASDAQ:NDSN - Get Free Report) last released its quarterly earnings data on Wednesday, May 28th. The industrial products company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.06. Nordson had a return on equity of 19.28% and a net margin of 16.93%. The firm had revenue of $682.94 million during the quarter, compared to the consensus estimate of $671.36 million. During the same period last year, the business posted $2.34 EPS. Nordson's quarterly revenue was up 5.0% on a year-over-year basis.

Several other research firms have also recently issued reports on NDSN. Wall Street Zen upgraded Nordson from a "hold" rating to a "buy" rating in a report on Friday, May 30th. KeyCorp decreased their price objective on Nordson from $260.00 to $230.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. BNP Paribas cut Nordson from an "outperform" rating to a "neutral" rating and set a $219.00 price objective on the stock. in a report on Monday, February 24th. Oppenheimer upgraded Nordson from a "market perform" rating to an "outperform" rating and set a $260.00 price objective on the stock in a report on Friday, May 30th. Finally, Robert W. Baird raised their price objective on Nordson from $241.00 to $245.00 and gave the stock a "neutral" rating in a report on Friday, May 30th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Nordson has an average rating of "Moderate Buy" and a consensus price target of $253.17.

Nordson Price Performance

NASDAQ:NDSN traded up $0.34 during trading hours on Monday, reaching $213.55. 383,628 shares of the company traded hands, compared to its average volume of 311,295. The firm's 50-day moving average is $192.36 and its 200-day moving average is $210.61. The stock has a market cap of $12.07 billion, a P/E ratio of 27.17, a P/E/G ratio of 1.65 and a beta of 0.89. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.53 and a quick ratio of 1.51. Nordson has a 1-year low of $165.03 and a 1-year high of $266.86.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Strategic Financial Concepts LLC purchased a new position in Nordson in the fourth quarter valued at about $4,553,000. Pacer Advisors Inc. increased its position in shares of Nordson by 34.5% during the fourth quarter. Pacer Advisors Inc. now owns 8,895 shares of the industrial products company's stock worth $1,861,000 after acquiring an additional 2,282 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in shares of Nordson by 4.2% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 123,619 shares of the industrial products company's stock worth $25,866,000 after acquiring an additional 4,963 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of Nordson during the fourth quarter worth about $372,000. Finally, Ossiam increased its position in shares of Nordson by 60.1% during the fourth quarter. Ossiam now owns 5,011 shares of the industrial products company's stock worth $1,049,000 after acquiring an additional 1,881 shares during the last quarter. 72.11% of the stock is owned by hedge funds and other institutional investors.

Nordson Company Profile

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.