Nordson (NASDAQ:NDSN) Stock Sold Off Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Nordson Co. (NASDAQ:NDSN). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Nordson stock on April 8th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

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

• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 4/17/2025.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 4/16/2025.
• Sold $1,001 – $15,000 in shares of Western Digital (NASDAQ:WDC) on 4/11/2025.
• Sold $1,001 – $15,000 in shares of Western Digital (NASDAQ:WDC) on 4/10/2025.
• Sold $1,001 – $15,000 in shares of DexCom (NASDAQ:DXCM) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Invesco (NYSE:IVZ) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Generac (NYSE:GNRC) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Occidental Petroleum (NYSE:OXY) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of QUALCOMM (NASDAQ:QCOM) on 4/8/2025.

Nordson Stock Performance

NASDAQ NDSN opened at $192.62 on Monday. The firm’s fifty day moving average price is $193.77 and its two-hundred day moving average price is $216.77. The stock has a market cap of $10.96 billion, a PE ratio of 24.51, a PEG ratio of 1.65 and a beta of 0.90. Nordson Co. has a fifty-two week low of $165.03 and a fifty-two week high of $279.29. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.51 and a current ratio of 2.53.

Nordson (NASDAQ:NDSN) last posted its earnings results on Wednesday, February 19th. The industrial products company reported $2.06 earnings per share for the quarter, missing analysts’ consensus estimates of $2.08 by ($0.02). The company had revenue of $615.42 million for 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%. On average, equities analysts expect that Nordson Co. will post 10.2 EPS for the current fiscal year.

Nordson Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th were paid a dividend of $0.78 per share. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.62%. Nordson’s payout ratio is presently 39.69%.

Hedge Funds Weigh In On Nordson

Several hedge funds and other institutional investors have recently bought and sold shares of NDSN. Norges Bank acquired a new position in Nordson in the fourth quarter valued at $142,670,000. Massachusetts Financial Services Co. MA raised its holdings in shares of Nordson by 156.2% during the first quarter. Massachusetts Financial Services Co. MA now owns 1,019,658 shares of the industrial products company’s stock valued at $205,685,000 after purchasing an additional 621,734 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Nordson during the fourth quarter valued at about $74,005,000. First Trust Advisors LP raised its holdings in shares of Nordson by 676.5% during the fourth quarter. First Trust Advisors LP now owns 246,317 shares of the industrial products company’s stock valued at $51,539,000 after purchasing an additional 214,594 shares during the period. Finally, GAMMA Investing LLC raised its holdings in shares of Nordson by 19,089.3% during the first quarter. GAMMA Investing LLC now owns 141,809 shares of the industrial products company’s stock valued at $28,606,000 after purchasing an additional 141,070 shares during the period. Institutional investors and hedge funds own 72.11% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on NDSN. KeyCorp decreased their target price on shares of Nordson from $260.00 to $230.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. Loop Capital upgraded shares of Nordson from a “hold” rating to a “buy” rating and lifted their price target for the stock from $255.00 to $280.00 in a report on Wednesday, January 22nd. Finally, BNP Paribas lowered shares of Nordson from an “outperform” rating to a “neutral” rating and set a $219.00 price target on the stock. in a report on Monday, February 24th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $250.20.

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.