Standex International Corp. (NYSE:SXI) shares rose 1% during mid-day trading on Tuesday . The stock traded as high as $89.07 and last traded at $88.07, with a volume of 65,703 shares. The stock had previously closed at $87.22.

Separately, Zacks Investment Research upgraded shares of Standex International Corp. from a “sell” rating to a “hold” rating in a research note on Friday, May 20th.

The firm’s 50-day moving average price is $85.37 and its 200 day moving average price is $78.04. The company has a market cap of $1.11 billion and a P/E ratio of 19.77.

Standex International Corp. (NYSE:SXI) last posted its quarterly earnings results on Tuesday, May 3rd. The company reported $0.93 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.05 by $0.12. During the same quarter in the previous year, the company earned $1.02 earnings per share. The company had revenue of $177.50 million for the quarter, compared to the consensus estimate of $183.10 million. Standex International Corp.’s revenue for the quarter was down 1.9% compared to the same quarter last year. Analysts expect that Standex International Corp. will post $4.64 EPS for the current year.

In other Standex International Corp. news, Director William R. Fenoglio sold 1,189 shares of the firm’s stock in a transaction dated Monday, June 13th. The shares were sold at an average price of $87.96, for a total transaction of $104,584.44. Following the transaction, the director now owns 14,484 shares of the company’s stock, valued at approximately $1,274,012.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Sean C. Valashinas sold 710 shares of the firm’s stock in a transaction dated Monday, May 9th. The shares were sold at an average price of $79.96, for a total transaction of $56,771.60. Following the transaction, the chief accounting officer now directly owns 1,412 shares in the company, valued at approximately $112,903.52. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have bought and sold shares of SXI. Victory Capital Management Inc. increased its position in Standex International Corp. by 8.8% in the fourth quarter. Victory Capital Management Inc. now owns 349,525 shares of the company’s stock worth $29,063,000 after buying an additional 28,282 shares during the period. Fiduciary Management Associates LLC increased its position in Standex International Corp. by 7.2% in the fourth quarter. Fiduciary Management Associates LLC now owns 258,733 shares of the company’s stock worth $21,513,000 after buying an additional 17,470 shares during the period. Schroder Investment Management Group acquired a new position in Standex International Corp. during the fourth quarter worth approximately $10,843,000. Principal Financial Group Inc. increased its position in Standex International Corp. by 8.6% in the fourth quarter. Principal Financial Group Inc. now owns 87,381 shares of the company’s stock worth $7,266,000 after buying an additional 6,955 shares during the period. Finally, Foresters Investment Management Company Inc. increased its position in Standex International Corp. by 14.4% in the fourth quarter. Foresters Investment Management Company Inc. now owns 59,500 shares of the company’s stock worth $4,947,000 after buying an additional 7,500 shares during the period.

Standex International Corporation is a diversified manufacturing company for diverse commercial and industrial market segments. The Company has 11 operating segments, aggregated and organized into five segments: Food Service Equipment Group, Engraving Group, Engineering Technologies Group (ETG), Electronics Products Group and Hydraulics Products Group.

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