KeyCorp Upgrades Nordson (NASDAQ:NDSN) to Overweight

Nordson (NASDAQ:NDSN) was upgraded by equities research analysts at KeyCorp from a “sector weight” rating to an “overweight” rating in a research note issued on Tuesday, MarketBeat.com reports. The firm currently has a $260.00 price target on the industrial products company’s stock. KeyCorp’s target price would indicate a potential upside of 23.55% from the stock’s current price. KeyCorp also issued estimates for Nordson’s Q2 2025 earnings at $2.38 EPS, Q3 2025 earnings at $2.53 EPS, Q4 2025 earnings at $2.92 EPS and FY2026 earnings at $10.60 EPS.

NDSN has been the topic of a number of other reports. Baird R W cut Nordson from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Robert W. Baird reissued a “neutral” rating and issued a $237.00 target price (down from $294.00) on shares of Nordson in a research note on Friday, December 13th. Seaport Res Ptn raised Nordson from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 17th. DA Davidson cut their target price on Nordson from $295.00 to $285.00 and set a “buy” rating on the stock in a research note on Friday, December 13th. Finally, Loop Capital raised Nordson from a “hold” rating to a “buy” rating and increased their target price for the stock from $255.00 to $280.00 in a research note on Wednesday, January 22nd. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $256.20.

Nordson Price Performance

NDSN opened at $210.44 on Tuesday. The stock has a fifty day simple moving average of $213.27 and a two-hundred day simple moving average of $237.61. 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 company has a market cap of $11.98 billion, a price-to-earnings ratio of 26.77, a price-to-earnings-growth ratio of 1.65 and a beta of 0.92. Nordson has a 12-month low of $196.83 and a 12-month high of $279.38.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings data on Wednesday, February 19th. The industrial products company reported $2.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.08 by ($0.02). The firm had revenue of $615.42 million during the quarter, compared to the consensus estimate of $639.40 million. Nordson had a return on equity of 19.28% and a net margin of 16.93%. Research analysts predict that Nordson will post 10.2 earnings per share for the current fiscal year.

Insider Activity at Nordson

In related news, EVP Stephen Lovass sold 1,299 shares of the stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $206.79, for a total transaction of $268,620.21. Following the sale, the executive vice president now directly owns 7,347 shares of the company’s stock, valued at $1,519,286.13. This trade represents a 15.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Nordson

Several institutional investors have recently modified their holdings of the business. Siemens Fonds Invest GmbH purchased a new stake in shares of Nordson during the fourth quarter valued at $8,648,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Nordson in the fourth quarter valued at about $15,292,000. Forum Financial Management LP bought a new position in Nordson in the fourth quarter valued at about $204,000. Toronto Dominion Bank lifted its holdings in Nordson by 59.4% in the fourth quarter. Toronto Dominion Bank now owns 29,070 shares of the industrial products company’s stock valued at $6,083,000 after acquiring an additional 10,832 shares during the period. Finally, Novem Group bought a new position in Nordson in the fourth quarter valued at about $672,000. 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.