Standex International Corp. (NYSE:SXI) Director Roger L. Fix sold 2,500 shares of the stock in a transaction that occurred on Friday, November 11th. The shares were sold at an average price of $85.40, for a total value of $213,500.00. Following the transaction, the director now owns 3,623 shares of the company’s stock, valued at $309,404.20. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Standex International Corp. (NYSE:SXI) opened at 90.00 on Tuesday. Standex International Corp. has a 52 week low of $65.53 and a 52 week high of $93.29. The company’s 50-day moving average price is $85.25 and its 200 day moving average price is $85.38. The company has a market capitalization of $1.15 billion, a PE ratio of 22.99 and a beta of 1.48.

Standex International Corp. (NYSE:SXI) last announced its quarterly earnings results on Friday, October 28th. The company reported $1.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.18 by $0.07. The firm had revenue of $179.60 million for the quarter, compared to analyst estimates of $192.66 million. Standex International Corp. had a net margin of 6.82% and a return on equity of 14.96%. During the same quarter in the prior year, the firm earned $1.34 earnings per share. On average, equities research analysts anticipate that Standex International Corp. will post $4.64 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 25th. Stockholders of record on Monday, November 7th will be issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 0.71%. This is a positive change from Standex International Corp.’s previous quarterly dividend of $0.14. The ex-dividend date is Thursday, November 3rd. Standex International Corp.’s payout ratio is currently 16.37%.

Several large investors have recently made changes to their positions in the stock. BlackRock Group LTD increased its position in shares of Standex International Corp. by 10.2% in the first quarter. BlackRock Group LTD now owns 13,682 shares of the company’s stock worth $1,064,000 after buying an additional 1,262 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its position in shares of Standex International Corp. by 9.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 350,231 shares of the company’s stock worth $27,251,000 after buying an additional 29,128 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in shares of Standex International Corp. by 114.8% in the second quarter. BNP Paribas Arbitrage SA now owns 4,150 shares of the company’s stock worth $343,000 after buying an additional 2,218 shares during the last quarter. Capstone Asset Management Co. increased its position in shares of Standex International Corp. by 8.0% in the second quarter. Capstone Asset Management Co. now owns 4,065 shares of the company’s stock worth $336,000 after buying an additional 300 shares during the last quarter. Finally, Moody Aldrich Partners LLC increased its position in shares of Standex International Corp. by 166.4% in the second quarter. Moody Aldrich Partners LLC now owns 24,495 shares of the company’s stock worth $2,024,000 after buying an additional 15,300 shares during the last quarter. Institutional investors and hedge funds own 88.37% of the company’s stock.

Separately, Zacks Investment Research cut Standex International Corp. from a “hold” rating to a “sell” rating in a research note on Thursday, September 1st.

Standex International Corp. Company Profile

Standex International Corporation is a diversified manufacturing company. The Company is a manufacturer of a range of products and services for diverse commercial and industrial market segments. The Company has 11 operating segments, aggregated and organized into five segments: Food Service Equipment, Engraving, Engineering Technologies, Electronics and Hydraulics.

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