5,730 Standex International Corporation $SXI Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA reduced its position in Standex International Corporation (NYSE:SXI – Free Report) by 5.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 portfolio, making the stock its 9th biggest position. Leeward Investments LLC MA owned 0.81% of Standex International worth $27,058,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of SXI. Cedar Mountain Advisors LLC acquired a new stake in shares of Standex International during the first quarter worth about $29,000. Transamerica Financial Advisors LLC purchased a new position in shares of Standex International in the second quarter valued at approximately $42,000. Allworth Financial LP acquired a new position in shares of Standex International in the second quarter valued at approximately $46,000. State of Wyoming acquired a new position in shares of Standex International in the second quarter valued at approximately $46,000. Finally, Persistent Asset Partners Ltd acquired a new position in shares of Standex International in the second quarter valued at approximately $60,000. 90.35% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO David Dunbar sold 13,000 shares of Standex International stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $290.82, for a total value of $3,780,660.00. Following the completion of the transaction, the chief executive officer owned 75,973 shares in the company, valued at $22,094,467.86. The trade was a 14.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 over the last 90 days. 2.00% of the stock is owned by company insiders.

Trending Headlines about 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

Standex International Price Performance

SXI stock opened at $240.27 on Monday. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.40 and a quick ratio of 1.84. The firm has a market capitalization of $2.95 billion, a P/E ratio of 27.71, a P/E/G ratio of 2.68 and a beta of 1.07. The business’s 50-day moving average is $280.13 and its two-hundred day moving average is $288.96. Standex International Corporation has a 1 year low of $215.62 and a 1 year high of $363.89.

Standex International (NYSE:SXI – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.35 by $0.10. Standex International had a return on equity of 14.47% and a net margin of 11.73%. The business had revenue of $228.25 million during the quarter, compared to analysts’ expectations of $226.47 million. During the same quarter last year, the business posted $2.28 EPS. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. Analysts anticipate that Standex International Corporation will post 9.98 earnings per share for the current fiscal year.

Standex International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, November 6th will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 0.6%. This is a positive change from Standex International’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Friday, November 6th. Standex International’s dividend payout ratio is 15.69%.

Analysts Set New Price Targets

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

View Our Latest Stock Analysis on Standex International

About Standex International

(Free Report)

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.

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Institutional Ownership by Quarter for Standex International (NYSE:SXI)

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