Nordson (NDSN)

• Market cap: $12.3B
• 1 day: -1.38%
• 5 days: -1.52%
• 1 month: -2.15%
• 3 months: -16.03%
• 6 months: -13.05%
• Year to date: 5.11%
• 1 year: -17.67%
• 5 years: 26.58%
• 10 years: 174.10%
• Sector: Industrials
• Industry: General Industrial Machinery & Equipment, Not Elsewhere Classified

About: Nordson manufactures equipment (including pumps, valves, dispensers, applicators, filters, and pelletizers) used for dispensing adhesives, coatings, sealants, and other materials. The firm serves a diverse range of end markets including packaging, medical, electronics, and industrial. Nordson's business is organized into three segments: industrial precision solutions, medical and fluid solutions, and advanced technology solutions. The company generated approximately $2.7 billion in revenue in its fiscal 2024.

Employees: 8,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

38% more call options, than puts

Call options by funds: $27.2M | Put options by funds: $19.8M

4% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 71

0.18% more ownership

Funds ownership: 73.5% [Q3] → 73.68% (+0.18%) [Q4]

7% less repeat investments, than reductions

Existing positions increased: 200 | Existing positions reduced: 214

2% less funds holding

Funds holding: 594 [Q3] → 580 (-14) [Q4]

20% less capital invested

Capital invested by funds: $11B [Q3] → $8.79B (-$2.22B) [Q4]

50% less funds holding in top 10

Funds holding in top 10: 6 [Q3] → 3 (-3) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $237 10% upside
• Avg. target: $263 22% upside
• High target: $285 32% upside

4 analyst ratings

• positive: 3 75%
• neutral: 1 25%
• negative: 0 0%

Loop Capital Chris Dankert 69% 1-year accuracy 11 / 16 met price target	30% upside $280	Buy Upgraded	22 Jan 2025
Seaport Global Walt Liptak 50% 1-year accuracy 1 / 2 met price target	16% upside $250	Buy Upgraded	17 Dec 2024
DA Davidson Matthew Summerville 33% 1-year accuracy 1 / 3 met price target	32% upside $285	Buy Maintained	13 Dec 2024
Baird Michael Halloran 45% 1-year accuracy 14 / 31 met price target	10% upside $237	Neutral Downgraded	13 Dec 2024