Leeward Investments LLC MA Has $23.61 Million Stock Position in Standex International Corporation $SXI

Leeward Investments LLC MA lowered its stake in Standex International Corporation (NYSE:SXI) by 1.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 108,646 shares of the industrial products company’s stock after selling 1,952 shares during the period. Standex International makes up about 1.2% of Leeward Investments LLC MA’s holdings, making the stock its 18th biggest holding. Leeward Investments LLC MA’s holdings in Standex International were worth $23,607,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Oregon Public Employees Retirement Fund lifted its stake in shares of Standex International by 3.6% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,767 shares of the industrial products company’s stock valued at $601,000 after purchasing an additional 95 shares during the period. Benjamin Edwards Inc. lifted its stake in shares of Standex International by 7.9% in the 4th quarter. Benjamin Edwards Inc. now owns 3,906 shares of the industrial products company’s stock valued at $849,000 after purchasing an additional 285 shares during the period. Cornerstone Planning Group LLC lifted its stake in shares of Standex International by 144.7% in the 4th quarter. Cornerstone Planning Group LLC now owns 115 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 68 shares during the period. Oppenheimer Asset Management Inc. acquired a new position in shares of Standex International in the 4th quarter valued at $2,843,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Standex International in the 4th quarter valued at $188,000. Institutional investors and hedge funds own 90.35% of the company’s stock.

Wall Street Analyst Weigh In

SXI has been the topic of a number of analyst reports. Zacks Research downgraded Standex International from a “hold” rating to a “strong sell” rating in a research note on Monday, May 4th. DA Davidson reaffirmed a “buy” rating and set a $323.00 price objective on shares of Standex International in a research note on Monday, May 4th. Wall Street Zen downgraded Standex International from a “buy” rating to a “hold” rating in a research note on Sunday, February 1st. Roth Mkm raised their price objective on Standex International from $260.00 to $286.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. Finally, Barrington Research reaffirmed an “outperform” rating and set a $260.00 price objective on shares of Standex International in a research note on Monday, March 9th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $289.67.

Standex International Stock Performance

Shares of Standex International stock opened at $259.69 on Friday. The company has a market capitalization of $3.14 billion, a PE ratio of 31.63, a PEG ratio of 3.27 and a beta of 1.09. Standex International Corporation has a 12 month low of $144.62 and a 12 month high of $284.71. The company has a current ratio of 3.05, a quick ratio of 2.23 and a debt-to-equity ratio of 0.63. The stock’s fifty day simple moving average is $262.37 and its 200 day simple moving average is $248.33.

Standex International (NYSE:SXI) last issued its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.22 by ($0.01). The business had revenue of $224.60 million for the quarter, compared to analyst estimates of $225.16 million. Standex International had a return on equity of 14.38% and a net margin of 11.18%.The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.95 EPS. On average, research analysts predict that Standex International Corporation will post 8.59 EPS for the current year.

Standex International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Friday, May 8th. Standex International’s dividend payout ratio is 16.57%.

Insiders Place Their Bets

In other Standex International news, insider Vineet Kshirsagar sold 400 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $260.10, for a total transaction of $104,040.00. Following the completion of the transaction, the insider owned 4,647 shares in the company, valued at approximately $1,208,684.70. This represents a 7.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas E. Chorman sold 513 shares of the stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $260.00, for a total value of $133,380.00. Following the transaction, the director owned 12,666 shares of the company’s stock, valued at approximately $3,293,160. This trade represents a 3.89% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 16,013 shares of company stock worth $4,102,367. Corporate insiders own 2.52% of the company’s stock.

Standex International Profile

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.