Institutional investors and hedge funds own 65.92% of the company's stock.
Mcdaniel Terry & Co holds 6.47% of its portfolio in Nordson Corporation for 277,991 shares. The firm has "Buy" rating given on Tuesday, August 23 by Wunderlich. Ladenburg Thalmann Financial Services Inc. boosted its stake in Nordson Corporation by 41.2% in the fourth quarter. However, most financial instruments are traded after hours, which means that the the closing price of a stock might not match the after-hours price. Finally, CAPROCK Group Inc. acquired a new position in shares of Nordson Corporation during the first quarter valued at approximately $235,000. Pictet Asset Management Ltd. increased its stake in shares of Nordson Corporation by 0.4% in the first quarter. IFP Advisors Inc now owns 1,389 shares of the industrial products company's stock worth $171,000 after buying an additional 430 shares during the last quarter. IFP Advisors Inc raised its position in Nordson Corporation by 44.8% in the first quarter. Albert D Mason Inc. now owns 6,498 shares of the industrial products company's stock worth $798,000 after buying an additional 60 shares in the last quarter. It is positive, as 17 investors sold NDSN shares while 93 reduced holdings. Moreover, Utd Automobile Association has 0% invested in Nordson Corporation (NASDAQ:NDSN) for 7,220 shares.
The company is down by -0.60 percent from yesterday's close. Nordson Corporation has a 1-year low of $89.87 and a 1-year high of $131.49.
The most current P/E ratio is 27.05 and the market value is 7.40B. The company has a 50 day moving average price of $123.96 and a 200 day moving average price of $121.99.
Nordson Corporation (NASDAQ:NDSN) last announced its quarterly earnings data on Monday, May 22nd. In the latest earnings report the EPS was $4.74 and is estimated to be $5.40 for the current year with 57,635,000 shares now outstanding. Nordson Corporation had a return on equity of 33.39% and a net margin of 14.43%. The company's revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.23 earnings per share.
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The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 5th. After $1.35 actual EPS reported by Nordson Corporation for the previous quarter, Wall Street now forecasts 23.70 % EPS growth. Nordson Corporation's dividend payout ratio (DPR) is now 22.78%.
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A number of analysts recently weighed in on NDSN shares. Zacks Investment Research cut shares of Nordson Corporation from a "buy" rating to a "hold" rating in a research note on Wednesday, March 22nd. Wunderlich maintained the shares of NDSN in report on Tuesday, August 23 with "Buy" rating. The correct version of this piece of content can be accessed at https://www.baseball-news-blog.com/2017/08/11/nordson-corporation-nasdaqndsn-given-outperform-rating-at-fbr-co-updated-updated-updated.html. Finally, BidaskClub upgraded Nordson Corporation from a "buy" rating to a "strong-buy" rating in a research report on Friday, August 4th. Zacks Investment Research downgraded Nordson Corporation from a "buy" rating to a "hold" rating in a research report on Thursday, May 25th.
Among 5 analysts covering TimkenSteel (NYSE:TMST), 1 have Buy rating, 2 Sell and 2 Hold. On August 24 SunTrust Robinson Humphrey kept the stock rating at "Buy" and raised the price target to $115.00 from $80.00.
Nordson Corporation engineers, manufactures and markets differentiated products and systems used to dispense, apply and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids, to test and inspect for quality, and to treat and cure surfaces. The Company, through its Marine Transportation segment, is a well-known provider of marine transportation services, operating tank barges and towing vessels transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along all three United States coasts and in Alaska and Hawaii.