Nordson (NASDAQ:NDSN) Shares Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Nordson Co. (NASDAQ:NDSN). In a filing disclosed on March 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in Nordson stock on February 25th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 3/7/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/6/2025.
• Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/5/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 3/4/2025.
• Sold $15,001 – $50,000 in shares of Alibaba Group (NYSE:BABA) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Zoom Video Communications (NASDAQ:ZM) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 3/3/2025.
• Purchased $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/3/2025.

Nordson Stock Down 2.9 %

Shares of Nordson stock traded down $6.09 on Friday, hitting $200.46. The company had a trading volume of 300,382 shares, compared to its average volume of 280,954. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.51 and a current ratio of 2.53. The stock has a market capitalization of $11.41 billion, a price-to-earnings ratio of 25.50, a P/E/G ratio of 1.65 and a beta of 0.92. Nordson Co. has a 1 year low of $196.83 and a 1 year high of $279.38. The stock has a 50 day moving average of $213.03 and a 200-day moving average of $232.23.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings results on Wednesday, February 19th. The industrial products company reported $2.06 EPS for the quarter, missing the consensus estimate of $2.08 by ($0.02). Nordson had a return on equity of 19.28% and a net margin of 16.93%. The business had revenue of $615.42 million for the quarter, compared to analysts’ expectations of $639.40 million. As a group, sell-side analysts forecast that Nordson Co. will post 10.2 earnings per share for the current year.

Nordson Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th will be issued a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend is Thursday, March 20th. Nordson’s payout ratio is 39.69%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Loop Capital raised Nordson from a “hold” rating to a “buy” rating and raised their price target for the stock from $255.00 to $280.00 in a report on Wednesday, January 22nd. Baird R W lowered shares of Nordson from a “strong-buy” rating to a “hold” rating in a report on Friday, December 13th. Seaport Res Ptn raised shares of Nordson from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 17th. KeyCorp upgraded shares of Nordson from a “sector weight” rating to an “overweight” rating and set a $260.00 target price on the stock in a report on Tuesday, March 4th. Finally, DA Davidson decreased their target price on Nordson from $295.00 to $285.00 and set a “buy” rating for the company in a research note on Friday, December 13th. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $256.20.

Insider Buying and Selling at Nordson

In related news, EVP Stephen Lovass sold 1,299 shares of the business’s stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $206.79, for a total transaction of $268,620.21. Following the transaction, the executive vice president now directly owns 7,347 shares in the company, valued at approximately $1,519,286.13. The trade was a 15.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.80% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Norges Bank acquired a new stake in Nordson in the 4th quarter worth approximately $142,670,000. Raymond James Financial Inc. bought a new position in Nordson during the 4th quarter valued at about $74,005,000. First Trust Advisors LP boosted its holdings in shares of Nordson by 676.5% in the 4th quarter. First Trust Advisors LP now owns 246,317 shares of the industrial products company’s stock worth $51,539,000 after acquiring an additional 214,594 shares in the last quarter. State Street Corp increased its holdings in shares of Nordson by 7.2% in the third quarter. State Street Corp now owns 2,638,375 shares of the industrial products company’s stock valued at $692,916,000 after purchasing an additional 177,282 shares in the last quarter. Finally, FMR LLC boosted its stake in shares of Nordson by 19.2% in the 4th quarter. FMR LLC now owns 693,627 shares of the industrial products company’s stock valued at $145,135,000 after purchasing an additional 111,538 shares during the last quarter. 72.11% of the stock is owned by hedge funds and other institutional investors.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.