Nordson Corporation's (NDSN) recent stock performance has been influenced by its sturdy economics, with institutional investors owning 75% of the stock. There have been significant transactions such as Nordson executives selling shares worth close to $750k. Despite a
10% fall, Nordson has recovered 1.6% after its last earnings report. Amid, company layoffs in Amherst, ongoing expansion plans in South Carolina and acquisitions like Atrion
contributing to its medical offerings, affecting stock performance. Furthermore, with promising Q2 and Q3 earnings matching expectations, Nordson maintains a robust portfolio, strengthened by the increase in its
dividend to $0.78. It also issues $600 million in new debt securities. The company remains appealing; with large accumulations seen from Sanctuary Advisors LLC, Marshall Wace LLP, and MBB Public Markets I LLC, amid the stock's recent performance. Despite some insiders selling stock which hinted at potential future weakness, Nordson is expanding operations with the Atrion Acquisition Financing and has
acquired NDC Technologies, enhancing test and inspection capabilities.
Nordson Corp NDSN News Analytics from Mon, 04 Aug 2014 07:00:00 GMT to Fri, 11 Oct 2024 18:25:53 GMT -
Rating 4
- Innovation 2
- Information 6
- Rumor -3
