Nordson Corp Stock as Institutional Investors Enter

October 2, 2018 - By Hugh Holland

Nordson Corporation (NASDAQ:NDSN) Logo

Sentiment for Nordson Corp (NASDAQ:NDSN)

Nordson Corp (NASDAQ:NDSN) institutional sentiment increased to 1.22 in Q2 2018. Its up 0.42, from 0.8 in 2018Q1. The ratio is more positive, as 127 institutional investors increased and started new holdings, while 104 trimmed and sold equity positions in Nordson Corp. The institutional investors in our partner’s database now have: 39.41 million shares, up from 37.97 million shares in 2018Q1. Also, the number of institutional investors holding Nordson Corp in their top 10 holdings was flat from 2 to 2 for the same number . Sold All: 28 Reduced: 76 Increased: 92 New Position: 35.

Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids. The company has market cap of $8.07 billion. The Company’s Adhesive Dispensing Systems segment provides dispensing, coating, and laminating systems for applying adhesives, lotions, liquids, and fibers to disposable products and continuous roll goods; and assembling plastic, metal, and wood products in paper and paperboard converting applications, as well as manufacturing continuous roll goods. It has a 22.01 P/E ratio. This segment also offers automated adhesive dispensing systems for packaged goods industries; and components and systems used in the thermoplastic melt stream.

The stock increased 0.85% or $1.17 during the last trading session, reaching $138.7. About 40,035 shares traded. Nordson Corporation (NASDAQ:NDSN) has risen 27.47% since October 2, 2017 and is uptrending. It has outperformed by 11.85% the S&P500.

Analysts await Nordson Corporation (NASDAQ:NDSN) to report earnings on December, 12. They expect $1.48 EPS, up 7.25 % or $0.10 from last year’s $1.38 per share. NDSN’s profit will be $86.06M for 23.43 P/E if the $1.48 EPS becomes a reality. After $1.60 actual EPS reported by Nordson Corporation for the previous quarter, Wall Street now forecasts -7.50 % negative EPS growth.

Mcdaniel Terry & Co holds 6.22% of its portfolio in Nordson Corporation for 263,684 shares. Winslow Asset Management Inc owns 104,891 shares or 2.5% of their US portfolio. Moreover, Roffman Miller Associates Inc Pa has 2.39% invested in the company for 152,313 shares. The Us-based Champlain Investment Partners Llc has invested 1.51% in the stock. Atlanta Capital Management Co L L C, a Georgia-based fund reported 1.81 million shares.

Since January 1, 0001, it had 0 buys, and 2 selling transactions for $1.05 million activity.

Nordson Corporation (NASDAQ:NDSN) Ratings Coverage

Ratings analysis reveals 25% of Nordson Corp’s analysts are positive. Out of 4 Wall Street analysts rating Nordson Corp, 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $13500 while the high is $165. The stock’s average target of $152.33 is 9.83% above today’s ($138.7) share price. NDSN was included in 4 notes of analysts from April 4, 2018. The stock has “Hold” rating by Wells Fargo on Wednesday, May 23. The firm earned “Hold” rating on Wednesday, April 4 by Robert W. Baird. Seaport Global downgraded Nordson Corporation (NASDAQ:NDSN) on Tuesday, May 22 to “Hold” rating. FBR Capital maintained it with “Buy” rating and $165 target in Wednesday, May 23 report.

More news for Nordson Corporation (NASDAQ:NDSN) were recently published by: Streetinsider.com, which released: “Nordson Corp. (NDSN) Approves Additional $500 Million Share Repurchase Program” on September 11, 2018. Seekingalpha.com‘s article titled: “Dividend Champion Spotlight: Nordson Corporation” and published on September 25, 2018 is yet another important article.

Nordson Corporation (NASDAQ:NDSN) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>