Discussion stirs around Nordson Corporation (NASDAQ:NDSN) this week; here is what analysts are saying.

July 27, 2018 - By Vernon Prom

Nordson Corporation (NASDAQ:NDSN) LogoInvestors sentiment decreased to 0.8 in 2018 Q1. Its down 0.26, from 1.06 in 2017Q4. It turned negative, as 34 investors sold Nordson Corporation shares while 99 reduced holdings. 33 funds opened positions while 74 raised stakes. 37.97 million shares or 0.93% more from 37.62 million shares in 2017Q4 were reported.
Bridgewater Lp owns 5,680 shares. Meritage Port Mngmt stated it has 50,111 shares. Utd Svcs Automobile Association holds 0% or 7,922 shares in its portfolio. Ftb has 237 shares. Qs Invsts Ltd Liability holds 5 shares or 0% of its portfolio. Gemmer Asset Mngmt Limited reported 0.01% of its portfolio in Nordson Corporation (NASDAQ:NDSN). Moreover, Northwestern Mutual Wealth Mgmt has 0% invested in Nordson Corporation (NASDAQ:NDSN) for 17 shares. Legal & General Public Ltd Company reported 162,465 shares or 0.02% of all its holdings. First Personal Svcs reported 211 shares or 0.01% of all its holdings. Champlain Ptnrs Ltd Company owns 943,775 shares. Advantus Mngmt Incorporated invested in 0.02% or 6,253 shares. Us National Bank & Trust De, Minnesota-based fund reported 6,385 shares. Moreover, Albert D Mason Incorporated has 0.9% invested in Nordson Corporation (NASDAQ:NDSN) for 8,818 shares. Timessquare Cap Management has invested 0.94% in Nordson Corporation (NASDAQ:NDSN). Bnp Paribas Arbitrage reported 0% stake.

Since March 6, 2018, it had 0 insider purchases, and 2 selling transactions for $14.46 million activity.

Nordson Corporation (NASDAQ:NDSN) Ratings Coverage

Among 6 analysts covering Nordson (NASDAQ:NDSN), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Nordson had 8 analyst reports since February 22, 2018 according to SRatingsIntel. The rating was downgraded by Seaport Global to “Hold” on Tuesday, May 22. Wells Fargo maintained the stock with “Hold” rating in Wednesday, May 23 report. On Friday, February 23 the stock rating was maintained by Robert W. Baird with “Hold”. Robert W. Baird maintained the shares of NDSN in report on Wednesday, April 4 with “Hold” rating. The company was maintained on Monday, February 26 by Wells Fargo. The firm has “Buy” rating given on Wednesday, May 23 by FBR Capital. Below is a list of Nordson Corporation (NASDAQ:NDSN) latest ratings and price target changes.

23/05/2018 Broker: FBR Capital Old Rating: Buy New Rating: Buy Old Target: $175 New Target: $165 Maintain
23/05/2018 Broker: Wells Fargo Rating: Hold New Target: $135.0000 Maintain
22/05/2018 Broker: Seaport Global Rating: Hold Downgrade
04/04/2018 Broker: Robert W. Baird Rating: Hold New Target: $157.0000 Maintain
23/02/2018 Broker: Barrington Rating: Hold
26/02/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $155 New Target: $140 Maintain
23/02/2018 Broker: Robert W. Baird Rating: Hold New Target: $153.0 Maintain
22/02/2018 Broker: DA Davidson Rating: Buy New Target: $160 Initiates Coverage On

The stock increased 2.65% or $3.43 during the last trading session, reaching $133. About 232,731 shares traded or 0.84% up from the average. Nordson Corporation (NASDAQ:NDSN) has risen 6.11% since July 27, 2017 and is uptrending. It has underperformed by 6.46% the S&P500.

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 $7.73 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 20.68 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.

More recent Nordson Corporation (NASDAQ:NDSN) news were published by: Businesswire.com which released: “Nordson ASYMTEK Combines Conformal Coating and Inspection into One Automated System” on July 24, 2018. Also Fool.com published the news titled: “2 Embarrassingly Low-Yield Dividend Stocks” on July 19, 2018. Nasdaq.com‘s news article titled: “Detailed Research: Economic Perspectives on Ellington Residential Mortgage REIT, Nordson, Nathan’s Famous …” with publication date: July 25, 2018 was also an interesting one.

Nordson Corporation (NASDAQ:NDSN) Institutional Positions Chart

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