Nordson director Milton Mayo sells $49,394 of NDSN stock

Milton Mayo, a director at Nordson Corp. (NASDAQ:NDSN), sold shares totaling $49,394 on September 2, 2026, according to a recent regulatory filing.

The transaction involved the sale of 156 shares of Nordson common stock at a price of $316.63 per share. The stock has delivered strong returns, up 32% year-to-date and 45% over the past year, though InvestingPro data suggests the shares are currently overvalued relative to its Fair Value estimate. Following this sale, Mr. Mayo directly holds 2,515 shares. These total holdings include 15 Stock Equivalent Units and/or Restricted Share Units accrued from dividend payments pursuant to the company’s Stock Incentive and Award Plan. Nordson has maintained dividend payments for 47 consecutive years, according to InvestingPro, which offers a comprehensive Pro Research Report on NDSN alongside 1,400+ other US equities.

In other recent news, Nordson reported impressive fiscal third-quarter results, surpassing Wall Street expectations with adjusted earnings of $3.25 per share and revenue of $817.7 million. This performance exceeded forecasts of $3.09 per share and $779.5 million in revenue. The company also raised its full-year outlook following record quarterly sales, EBITDA, and adjusted profit. In addition to these strong earnings, DA Davidson has increased its price target for Nordson shares to $375 from $345, maintaining a Buy rating. This adjustment reflects heightened growth expectations in Nordson’s Advanced Technology Solutions segment. DA Davidson’s fiscal 2026 and 2027 estimates have been raised to account for this improved outlook. Previously, DA Davidson maintained a $345 price target and Buy rating after Nordson’s third-quarter results, noting sales and adjusted operating profit that exceeded their model by $36 million and $13 million, respectively. Nordson’s robust performance highlights ongoing demand in semiconductor applications and accelerating Test & Inspection orders.