Brendel Financial Advisors LLC Makes New Investment in Nordson Corporation $NDSN

Key Points

• Brendel Financial Advisors LLC opened a new position in Nordson, buying 15,165 shares valued at about $3.65 million, representing 1.8% of its portfolio and the firm's 25th largest holding.
• There has been notable insider selling: CEO Sundaram Nagarajan sold 41,800 shares (~$12.3M) and an EVP sold 8,725 shares (~$2.56M), with insiders selling 74,293 shares (~$21.68M) over the past 90 days and now owning 0.84% of the company.
• Analyst sentiment and results are positive-to-mixed: Nordson has an average rating of “Moderate Buy” with a $311.50 average target, recently beat quarterly EPS and revenue (revenue +8.8% YoY), and issued FY2026 guidance of $11.00–$11.60 EPS; the stock trades at a $15.6B market cap, P/E ~30.1, and yields 1.2%.

Brendel Financial Advisors LLC acquired a new position in Nordson Corporation (NASDAQ:NDSN - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,165 shares of the industrial products company's stock, valued at approximately $3,646,000. Nordson makes up 1.8% of Brendel Financial Advisors LLC's portfolio, making the stock its 25th largest holding.

A number of other hedge funds have also made changes to their positions in the business. Arrowstreet Capital Limited Partnership increased its holdings in Nordson by 314.9% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 10,894 shares of the industrial products company's stock valued at $2,335,000 after purchasing an additional 8,268 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of Nordson during the second quarter worth about $8,594,000. Cerity Partners LLC lifted its stake in shares of Nordson by 23.6% during the second quarter. Cerity Partners LLC now owns 14,122 shares of the industrial products company's stock worth $3,027,000 after purchasing an additional 2,692 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Nordson by 2.4% in the second quarter. Daiwa Securities Group Inc. now owns 10,362 shares of the industrial products company's stock worth $2,221,000 after buying an additional 244 shares during the period. Finally, State Street Corp boosted its position in shares of Nordson by 4.7% in the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company's stock worth $636,375,000 after buying an additional 133,229 shares during the period. Hedge funds and other institutional investors own 72.11% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. KeyCorp raised their target price on Nordson from $295.00 to $325.00 and gave the company an "overweight" rating in a report on Thursday, February 19th. DA Davidson set a $335.00 price objective on shares of Nordson in a research report on Monday, February 23rd. Wall Street Zen upgraded shares of Nordson from a "hold" rating to a "buy" rating in a research note on Saturday, February 21st. Jefferies Financial Group reissued a "hold" rating and set a $300.00 target price on shares of Nordson in a research report on Monday, February 23rd. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Nordson in a research note on Friday, March 27th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Nordson currently has an average rating of "Moderate Buy" and an average target price of $311.50.

Insider Activity at Nordson

In related news, CEO Sundaram Nagarajan sold 41,800 shares of the company's stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $293.26, for a total value of $12,258,268.00. Following the sale, the chief executive officer directly owned 64,824 shares of the company's stock, valued at $19,010,286.24. This represents a 39.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Joseph P. Kelley sold 8,725 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $293.04, for a total transaction of $2,556,774.00. Following the transaction, the executive vice president owned 7,268 shares in the company, valued at $2,129,814.72. This trade represents a 54.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 74,293 shares of company stock valued at $21,681,703 over the last ninety days. Corporate insiders own 0.84% of the company's stock.

Nordson Trading Up 0.3%

NASDAQ:NDSN opened at $279.01 on Wednesday. The stock has a market cap of $15.56 billion, a price-to-earnings ratio of 30.13, a price-to-earnings-growth ratio of 1.87 and a beta of 1.01. Nordson Corporation has a one year low of $174.59 and a one year high of $305.28. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.74 and a current ratio of 2.72. The business's 50-day simple moving average is $278.91 and its 200 day simple moving average is $255.51.

Nordson (NASDAQ:NDSN - Get Free Report) last issued its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share for the quarter, beating analysts' consensus estimates of $2.36 by $0.01. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The firm had revenue of $669.46 million during the quarter, compared to analyst estimates of $652.68 million. During the same quarter last year, the firm earned $2.06 EPS. Nordson's quarterly revenue was up 8.8% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. As a group, sell-side analysts predict that Nordson Corporation will post 10.2 earnings per share for the current fiscal year.

Nordson Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 3rd. Investors of record on Thursday, March 19th were paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, March 19th. Nordson's payout ratio is 35.42%.

About Nordson

Nordson Corporation designs, manufactures and markets precision dispensing equipment and systems that apply adhesives, coatings, sealants and polymers in a broad range of industrial and medical applications. The company's portfolio spans fluid systems, curing and surface preparation technologies, vacuum and thermal management products, and advanced test and inspection solutions. Nordson's offerings serve critical manufacturing processes by delivering exacting dispensing accuracy and process control to ensure consistent product performance and high production throughput.

Nordson operates through multiple segments that cater to diverse markets including electronics, packaging, medical, energy, automotive and general industrial sectors.

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