Recently, there has been substantial market activity involving Nordson Corporation (NASDAQ:NDSN). TimesSquare Capital Management LLC and M&T Bank Corp reduced their Nordson shares, while Van ECK Associates Corp and Natixis Advisors L.P. expanded their stakes. Everpar and Sapient Capital LLC made new substantial investments. Daniel Hopgood was announced as the new CFO, replacing Annette Clayton, who moved to Nordson's Board of Directors. Nordson declared Third and Second Quarter dividends for Fiscal Year 2024, while first quarter results beat estimates. Nordson narrowed their full-year guidance amidst Q1 growth in Fiscal 2024 and strong EBITDA margins in Fiscal 2023. They completed the acquisition of ARAG, targeting the Precision Agriculture Market, and agreed to purchase NDC Technologies. Insiders recently sold around $1.8 M worth of shares. Five years ago, investing in Nordson resulted in a 113% gain. The company’s successful diversification despite market volatility, and the initiation of margin growth strategies have attracted analysts' attention.
Nordson Corp NDSN News Analytics from Mon, 04 Aug 2014 07:00:00 GMT to Fri, 10 May 2024 01:15:42 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor -4
