Key Points
- CEO David Dunbar sold 15,000 shares on Feb. 17 at an average price of $255.94 for about $3.84 million, trimming his holding by 14.43% to 88,973 shares (≈$22.77M); the trade was reported on an SEC Form 4.
- Standex reported an earnings beat for the quarter with EPS of $2.08 versus $2.00 expected and revenue of $221.3M (up 16.6% year‑over‑year).
- The company declared a quarterly dividend of $0.34 (annualized $1.36, ~0.5% yield), and analysts have a consensus "Moderate Buy" rating with an average price target of $281.33 (four Buys, one Hold).
Standex International Corporation (NYSE:SXI - Get Free Report) CEO David Dunbar sold 15,000 shares of the company's stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $255.94, for a total transaction of $3,839,100.00. Following the completion of the transaction, the chief executive officer owned 88,973 shares of the company's stock, valued at approximately $22,771,749.62. This trade represents a 14.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Standex International Stock Performance
SXI opened at $253.88 on Thursday. The company has a current ratio of 2.87, a quick ratio of 2.10 and a debt-to-equity ratio of 0.76. The business's 50 day moving average is $240.55 and its 200-day moving average is $227.05. The stock has a market cap of $3.08 billion, a PE ratio of 56.92 and a beta of 1.13. Standex International Corporation has a twelve month low of $128.85 and a twelve month high of $270.87.
Standex International (NYSE:SXI - Get Free Report) last issued its quarterly earnings data on Friday, January 30th. The industrial products company reported $2.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.00 by $0.08. The business had revenue of $221.32 million during the quarter, compared to analyst estimates of $219.22 million. Standex International had a return on equity of 14.29% and a net margin of 6.20%.The business's revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.91 EPS. On average, analysts predict that Standex International Corporation will post 7.9 earnings per share for the current year.
Standex International Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, February 13th. Standex International's dividend payout ratio (DPR) is 30.49%.
Hedge Funds Weigh In On Standex International
Several hedge funds have recently made changes to their positions in the business. Financial Consulate Inc. bought a new stake in shares of Standex International in the 3rd quarter worth approximately $25,000. Cornerstone Planning Group LLC boosted its holdings in Standex International by 144.7% during the fourth quarter. Cornerstone Planning Group LLC now owns 115 shares of the industrial products company's stock worth $25,000 after buying an additional 68 shares in the last quarter. UMB Bank n.a. grew its position in Standex International by 132.7% in the fourth quarter. UMB Bank n.a. now owns 128 shares of the industrial products company's stock worth $28,000 after buying an additional 73 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of Standex International in the third quarter valued at $28,000. Finally, Simplex Trading LLC bought a new position in shares of Standex International in the fourth quarter valued at $35,000. Institutional investors and hedge funds own 90.35% of the company's stock.
Analysts Set New Price Targets
SXI has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a "hold (c)" rating on shares of Standex International in a research report on Wednesday, January 21st. DA Davidson boosted their price target on shares of Standex International from $272.00 to $298.00 and gave the stock a "buy" rating in a research report on Monday, February 2nd. Wall Street Zen cut shares of Standex International from a "buy" rating to a "hold" rating in a report on Sunday, February 1st. Barrington Research reiterated an "outperform" rating and set a $260.00 price objective on shares of Standex International in a research note on Monday, February 2nd. Finally, Roth Mkm boosted their target price on Standex International from $260.00 to $286.00 and gave the stock a "buy" rating in a report on Tuesday, February 3rd. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $281.33.
Check Out Our Latest Analysis on SXI
About Standex International
(
Get Free Report)
Standex International Corporation is a diversified global manufacturer specializing in food service equipment, engineered components, and industrial products. Operating across multiple markets, the company designs and produces commercial cooking and warming solutions, precision-engraved nameplates and decorative products, fluid power hydraulics, and magnetics-based electronics. These offerings serve a broad array of end markets, including quick-service restaurants, automotive, aerospace, medical devices, and consumer appliances.
With business organized into key segments—Food Service Equipment, Engraving & Decorating, Hydraulics, Industrial Electronics, and Technical Graphical Solutions—Standex delivers a combination of proprietary technology, automated manufacturing processes, and custom engineering services.
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