Could Nordson Corporation (NASDAQ:NDSN) See a Reversal After Less Sellers Came In?

July 17, 2017 - By Ellis Scott

 Could Nordson Corporation (NASDAQ:NDSN) See a Reversal After Less Sellers Came In?

Investors sentiment increased to 1.29 in 2016 Q4. Its up 0.18, from 1.11 in 2016Q3. It increased, as 17 investors sold Nordson Corporation shares while 93 reduced holdings. 52 funds opened positions while 90 raised stakes. 37.14 million shares or 0.83% more from 36.84 million shares in 2016Q3 were reported.
Airain Limited reported 14,242 shares. Howe & Rusling holds 3,964 shares. Hsbc Holdg Public Ltd Company invested 0% of its portfolio in Nordson Corporation (NASDAQ:NDSN). New York State Teachers Retirement Sys has invested 0.03% in Nordson Corporation (NASDAQ:NDSN). Panagora Asset invested 0% in Nordson Corporation (NASDAQ:NDSN). Foster Motley owns 1,813 shares. Archford Capital Strategies Llc owns 25 shares or 0% of their US portfolio. Valley National Advisers reported 597 shares. Copeland Ltd Liability Com holds 128,670 shares or 0.94% of its portfolio. Gemmer Asset Mngmt Llc has invested 0.01% of its portfolio in Nordson Corporation (NASDAQ:NDSN). Suntrust Banks stated it has 0% in Nordson Corporation (NASDAQ:NDSN). Dupont Corporation reported 14,312 shares. Moreover, Manufacturers Life The has 0.01% invested in Nordson Corporation (NASDAQ:NDSN). Advisory holds 0.02% or 14,014 shares. Mason Street Advisors Limited Liability Corp reported 24,824 shares.

Since March 2, 2017, it had 0 buys, and 3 selling transactions for $3.60 million activity. Pembroke Jeffrey A sold 2,775 shares worth $344,100. PEET SHELLY also sold $329,157 worth of Nordson Corporation (NASDAQ:NDSN) on Tuesday, March 7. KEANE JOHN J sold $2.92M worth of Nordson Corporation (NASDAQ:NDSN) on Thursday, March 9.

The stock of Nordson Corporation (NASDAQ:NDSN) registered a decrease of 7.94% in short interest. NDSN’s total short interest was 1.04M shares in July as published by FINRA. Its down 7.94% from 1.13M shares, reported previously. With 478,200 shares average volume, it will take short sellers 2 days to cover their NDSN’s short positions. The short interest to Nordson Corporation’s float is 2.07%.

The stock increased 0.62% or $0.76 during the last trading session, reaching $122.89. About 263,722 shares traded. Nordson Corporation (NASDAQ:NDSN) has risen 72.22% since July 17, 2016 and is uptrending. It has outperformed by 55.52% the S&P500.

Nordson Corporation engineers, manufactures and markets differentiated products and systems used to dispense, apply and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids, to test and inspect for quality, and to treat and cure surfaces. The company has market cap of $7.09 billion. The Company’s divisions include Adhesive Dispensing Systems, Advanced Technology Systems and Industrial Coating Systems. It has a 26.06 P/E ratio. The Adhesive Dispensing Systems segment delivers its precision dispensing and processing technology to various markets.

Nordson Corporation (NASDAQ:NDSN) Ratings Coverage

Among 9 analysts covering Nordson (NASDAQ:NDSN), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Nordson had 25 analyst reports since August 21, 2015 according to SRatingsIntel. SunTrust maintained Nordson Corporation (NASDAQ:NDSN) on Wednesday, August 24 with “Buy” rating. The firm has “Outperform” rating by Oppenheimer given on Monday, August 24. As per Wednesday, February 22, the company rating was maintained by Barrington Research. The rating was maintained by RBC Capital Markets on Wednesday, August 24 with “Sector Perform”. The firm has “” rating given on Wednesday, August 24 by Seaport Global. The firm has “Overweight” rating by KeyBanc Capital Markets given on Wednesday, February 15. The stock of Nordson Corporation (NASDAQ:NDSN) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, February 24. The stock of Nordson Corporation (NASDAQ:NDSN) has “Hold” rating given on Monday, June 26 by Oppenheimer. As per Monday, December 14, the company rating was maintained by RBC Capital Markets. Wunderlich maintained the stock with “Hold” rating in Monday, December 14 report.

More news for Nordson Corporation (NASDAQ:NDSN) were recently published by: Businesswire.com, which released: “Nordson SEALANT EQUIPMENT Introduces a Comprehensive New Range of Products …” on June 21, 2017. Fool.com‘s article titled: “Nordson Corporation Beats Expectations (Again)” and published on May 23, 2017 is yet another important article.

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