Standex International Corporation $SXI Stock: Leeward Investments LLC MA Lowers Holdings

Leeward Investments LLC MA lessened its holdings in Standex International Corporation (NYSE:SXI) by 5.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 99,093 shares of the industrial products company’s stock after selling 5,730 shares during the quarter. Standex International makes up approximately 1.4% of Leeward Investments LLC MA’s holdings, making the stock its 9th largest position. Leeward Investments LLC MA’s holdings in Standex International were worth $27,058,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Standex International in the second quarter valued at $640,120,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Standex International during the 2nd quarter worth about $149,891,000. Bank of New York Mellon Corp acquired a new position in shares of Standex International during the 2nd quarter worth about $65,337,000. Sei Investments Co. boosted its position in shares of Standex International by 4.5% during the 1st quarter. Sei Investments Co. now owns 105,064 shares of the industrial products company’s stock worth $26,774,000 after acquiring an additional 4,520 shares in the last quarter. Finally, Principal Financial Group Inc. increased its holdings in shares of Standex International by 2.2% in the 1st quarter. Principal Financial Group Inc. now owns 59,171 shares of the industrial products company’s stock valued at $15,080,000 after acquiring an additional 1,271 shares during the last quarter. Hedge funds and other institutional investors own 90.35% of the company’s stock.

Insider Transactions at Standex International

In other Standex International news, CEO David Dunbar sold 13,000 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $290.82, for a total transaction of $3,780,660.00. Following the transaction, the chief executive officer owned 75,973 shares of the company’s stock, valued at approximately $22,094,467.86. This trade represents a 14.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 13,100 shares of company stock valued at $3,810,182 in the last three months. Corporate insiders own 2.00% of the company’s stock.

Standex International Trading Down 0.1%

Shares of Standex International stock opened at $240.27 on Monday. The company has a current ratio of 2.40, a quick ratio of 1.84 and a debt-to-equity ratio of 0.69. The company has a fifty day simple moving average of $280.13 and a 200-day simple moving average of $288.96. The stock has a market cap of $2.95 billion, a price-to-earnings ratio of 27.71, a PEG ratio of 2.68 and a beta of 1.07. Standex International Corporation has a 12-month low of $215.62 and a 12-month high of $363.89.

Standex International (NYSE:SXI) last announced its quarterly earnings results on Friday, July 31st. The industrial products company reported $2.45 EPS for the quarter, topping the consensus estimate of $2.35 by $0.10. Standex International had a net margin of 11.73% and a return on equity of 14.47%. The firm had revenue of $228.25 million for the quarter, compared to analyst estimates of $226.47 million. During the same period last year, the business earned $2.28 EPS. Standex International’s revenue for the quarter was up 2.8% compared to the same quarter last year. On average, equities analysts forecast that Standex International Corporation will post 9.98 EPS for the current fiscal year.

Standex International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Friday, November 6th will be paid a $0.36 dividend. This is a boost from Standex International’s previous quarterly dividend of $0.34. This represents a $1.44 annualized dividend and a yield of 0.6%. The ex-dividend date is Friday, November 6th. Standex International’s payout ratio is currently 15.69%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on SXI shares. JPMorgan Chase & Co. initiated coverage on Standex International in a research report on Wednesday, October 14th. They set a “neutral” rating and a $320.00 target price on the stock. DA Davidson restated a “buy” rating and set a $350.00 target price on shares of Standex International in a research note on Thursday, August 20th. Finally, Weiss Ratings downgraded Standex International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, September 18th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Standex International presently has a consensus rating of “Moderate Buy” and a consensus target price of $304.00.

Key Stories Impacting Standex International

Here are the key news stories impacting Standex International this week:

• Positive Sentiment: Standex declared a quarterly dividend of $0.36 per share, representing a 5.9% increase from the prior $0.34 dividend and the company’s 249th consecutive quarterly payout. The increase signals continued confidence in cash generation, although the annualized yield remains modest at approximately 0.6%. Standex declares 249th consecutive quarterly dividend
• Positive Sentiment: Stockholders backed the board and governance proposals at the October 20 annual meeting, reducing the risk of near-term governance disruption and supporting management continuity. Standex International stockholders back board and governance stability
• Neutral Sentiment: Standex will report fiscal first-quarter 2027 results after the market closes on October 29, followed by an investor conference call on October 30. The announcement itself does not change fundamentals but sets an important date for investors. Standex announces timing of first quarter fiscal 2027 results
• Neutral Sentiment: Analysts expect year-over-year earnings growth and some indicators point to the possibility of an earnings beat, but the company has not yet released the quarter’s actual results. Standex International to report first-quarter results
• Negative Sentiment: Valuation concerns may be weighing on the stock. One analysis estimated Standex’s GF Value at $223.37 versus a recent share price of $269.69, suggesting the shares could be priced above that valuation measure. A look at Standex International after a gain

About Standex International

Standex International Corporation (NYSE:SXI) is a diversified industrial manufacturer that develops and produces specialized equipment, components and engineered products for customers in a range of commercial and industrial markets. The company serves original equipment manufacturers and other businesses through a portfolio of operations focused on applications requiring specialized technology, precision manufacturing and customized solutions.

Its businesses include Standex Electronics, which makes sensors, switches, relays, magnetic components and power magnetics; Standex Engraving, which provides engraved tooling, mold texturing and patterned rolls for plastics, packaging and other manufacturing applications; and Standex Engineering Technologies, which develops engineered components and systems for industrial and mobile equipment.