Nordson Corporation (NDSN) has been a topic of conversation on Wall Street, prompting speculation about whether it's time to buy. Cerity Partners LLC and Massachusetts Financial Services Co. MA increased their stakes, while Davis R M Inc., and some insiders, trimmed their holdings. The company has revealed its 2024 Environmental, Social, and Governance update, outlining environmental footprint reduction efforts. Nordson experienced better stock performance than earnings growth in the last five years, yet has resorted to M&A to supplement lagging organic growth. The recent acquisitions of Atrion Corporation and NDC Technologies were completed, expanding its medical offerings and test and inspection capabilities, respectively. The company's EVP, Jennifer McDonough, sold shares, while other institutional investors show interest, with a 75% institutional ownership. Nordson also announced its earnings release and webcast for Q4 and Fiscal Year 2024. The company showcases strength amid headwinds but saw stock tumble after trimming sales and earnings guidance. The company now plans to host an Investor Day in New York on October 3, 2024. A patchy return trend and the recent downgrading of growth forecasts have cast a shadow on the company's future performance.
Nordson Corp NDSN News Analytics from Mon, 04 Aug 2014 07:00:00 GMT to Sat, 30 Nov 2024 11:05:09 GMT -
Rating 0
- Innovation -2
- Information 6
- Rumor -4
