Evexia Wealth LLC Sells 6,638 Shares of Nordson Corporation $NDSN

Key Points

• Evexia Wealth LLC reduced its stake in Nordson by 27.2%, selling 6,638 shares and leaving 17,753 shares valued at about $4.09 million.
• Large insider sales occurred this quarter — CEO Sundaram Nagarajan sold 41,800 shares and EVP Joseph P. Kelley sold 8,725 shares, with insiders selling a total of 73,577 shares worth roughly $21.48 million (insiders now own 0.84% of the stock).
• Nordson slightly beat quarterly EPS and revenue estimates, issued FY2026 guidance of $11.00–$11.60 EPS, and carries a consensus analyst rating of "Moderate Buy" with an average target price of $311.50.

Evexia Wealth LLC lowered its holdings in shares of Nordson Corporation (NASDAQ:NDSN - Free Report) by 27.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 17,753 shares of the industrial products company's stock after selling 6,638 shares during the period. Nordson comprises 1.2% of Evexia Wealth LLC's holdings, making the stock its 27th largest holding. Evexia Wealth LLC's holdings in Nordson were worth $4,092,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Bank of New York Mellon Corp raised its position in Nordson by 8.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 542,208 shares of the industrial products company's stock worth $116,233,000 after purchasing an additional 41,507 shares during the last quarter. First Horizon Advisors Inc. grew its position in shares of Nordson by 62.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 320 shares of the industrial products company's stock valued at $69,000 after buying an additional 123 shares during the last quarter. Resona Asset Management Co. Ltd. grew its position in shares of Nordson by 9.6% in the 2nd quarter. Resona Asset Management Co. Ltd. now owns 27,526 shares of the industrial products company's stock valued at $5,910,000 after buying an additional 2,415 shares during the last quarter. Bryn Mawr Trust Advisors LLC increased its stake in shares of Nordson by 10.0% in the second quarter. Bryn Mawr Trust Advisors LLC now owns 1,310 shares of the industrial products company's stock valued at $281,000 after buying an additional 119 shares during the period. Finally, Wedbush Securities Inc. increased its stake in shares of Nordson by 24.1% in the second quarter. Wedbush Securities Inc. now owns 3,401 shares of the industrial products company's stock valued at $729,000 after buying an additional 660 shares during the period. Institutional investors and hedge funds own 72.11% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on NDSN shares. KeyCorp lifted their price objective on Nordson from $295.00 to $325.00 and gave the stock an "overweight" rating in a research note on Thursday, February 19th. 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. Weiss Ratings restated a "hold (c+)" rating on shares of Nordson in a research report on Monday, December 29th. Oppenheimer upped their price objective on shares of Nordson from $285.00 to $325.00 and gave the company an "outperform" rating in a research note on Tuesday, February 24th. Finally, DA Davidson set a $335.00 price objective on shares of Nordson in a research report on Monday, February 23rd. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $311.50.

Nordson Stock Down 2.9%

Shares of Nordson stock opened at $272.84 on Friday. Nordson Corporation has a one year low of $165.03 and a one year high of $305.28. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.72 and a quick ratio of 1.74. The stock's 50-day moving average is $275.71 and its 200 day moving average is $246.74. The firm has a market cap of $15.22 billion, a price-to-earnings ratio of 29.46, a PEG ratio of 1.90 and a beta of 0.98.

Nordson (NASDAQ:NDSN - Get Free Report) last issued its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share for the quarter, topping 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 business had revenue of $669.46 million during the quarter, compared to the consensus estimate of $652.68 million. During the same period in the previous year, the company posted $2.06 earnings per share. The firm's revenue for the quarter 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. Equities research analysts anticipate that Nordson Corporation will post 10.2 EPS for the current year.

Nordson Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 3rd. Stockholders of record on Thursday, March 19th will be paid a $0.82 dividend. The ex-dividend date is Thursday, March 19th. This represents a $3.28 annualized dividend and a dividend yield of 1.2%. Nordson's payout ratio is currently 35.42%.

Insider Buying and Selling at Nordson

In other Nordson news, EVP Joseph P. Kelley sold 8,725 shares of the firm's stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $293.04, for a total value of $2,556,774.00. Following the completion of the sale, the executive vice president directly owned 7,268 shares in the company, valued at approximately $2,129,814.72. This trade represents a 54.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sundaram Nagarajan sold 41,800 shares of Nordson stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $293.26, for a total transaction of $12,258,268.00. Following the completion of the sale, the chief executive officer directly owned 64,824 shares of the company's stock, valued at approximately $19,010,286.24. This trade represents a 39.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 73,577 shares of company stock valued at $21,484,216 in the last quarter. 0.84% of the stock is currently owned by company insiders.

Nordson Company Profile

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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