XXEC Inc. Has $7.34 Million Holdings in Nordson Corporation $NDSN

XXEC Inc. cut its position in shares of Nordson Corporation (NASDAQ:NDSN) by 14.9% during the 4th quarter, HoldingsChannel reports. The firm owned 30,533 shares of the industrial products company’s stock after selling 5,333 shares during the period. Nordson accounts for about 7.1% of XXEC Inc.’s investment portfolio, making the stock its 6th biggest holding. XXEC Inc.’s holdings in Nordson were worth $7,341,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Private Trust Co. NA raised its holdings in Nordson by 70.8% in the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 51 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Nordson during the 2nd quarter valued at $31,000. MUFG Securities EMEA plc bought a new stake in shares of Nordson during the 2nd quarter valued at $34,000. Hantz Financial Services Inc. grew its position in shares of Nordson by 43.4% in the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock worth $37,000 after buying an additional 46 shares during the period. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of Nordson in the 4th quarter worth about $40,000. 72.11% of the stock is owned by hedge funds and other institutional investors.

Nordson Price Performance

Shares of Nordson stock opened at $295.92 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.65 and a current ratio of 2.60. The stock has a market capitalization of $16.49 billion, a PE ratio of 31.55, a price-to-earnings-growth ratio of 1.96 and a beta of 0.97. Nordson Corporation has a 52-week low of $207.08 and a 52-week high of $305.28. The company has a 50-day simple moving average of $283.70 and a two-hundred day simple moving average of $271.90.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.82 by $0.04. The firm had revenue of $740.85 million for the quarter, compared to analysts’ expectations of $728.78 million. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.42 earnings per share. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. On average, analysts anticipate that Nordson Corporation will post 11.59 EPS for the current fiscal year.

Nordson Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Thursday, June 18th will be given a $0.82 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $3.28 annualized dividend and a yield of 1.1%. Nordson’s dividend payout ratio is 34.97%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NDSN. Oppenheimer lifted their price target on shares of Nordson from $325.00 to $335.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. DA Davidson raised their target price on shares of Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Wall Street Zen upgraded shares of Nordson from a “hold” rating to a “buy” rating in a report on Saturday, May 30th. BNP Paribas Exane boosted their price target on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. Finally, Robert W. Baird raised their price objective on Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $311.29.

Insider Buying and Selling at Nordson

In other news, EVP Srinivas Subramanian sold 3,100 shares of the business’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $280.00, for a total value of $868,000.00. Following the completion of the transaction, the executive vice president owned 6,407 shares in the company, valued at $1,793,960. The trade was a 32.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin E. Hall sold 716 shares of the company’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total value of $197,487.12. Following the transaction, the executive vice president directly owned 1,515 shares in the company, valued at approximately $417,867.30. The trade was a 32.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.84% of the company’s stock.

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.