Standex International Co. (NYSE:SXI) Shares Bought by Champlain Investment Partners LLC

Champlain Investment Partners LLC lifted its holdings in shares of Standex International Co. (NYSE:SXI - Free Report) by 2.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 584,430 shares of the industrial products company's stock after acquiring an additional 11,774 shares during the quarter. Champlain Investment Partners LLC owned approximately 4.91% of Standex International worth $109,283,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Versant Capital Management Inc boosted its position in Standex International by 27.0% during the 4th quarter. Versant Capital Management Inc now owns 301 shares of the industrial products company's stock valued at $56,000 after acquiring an additional 64 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Standex International by 183.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 510 shares of the industrial products company's stock valued at $96,000 after purchasing an additional 330 shares in the last quarter. KBC Group NV grew its stake in Standex International by 45.7% in the fourth quarter. KBC Group NV now owns 548 shares of the industrial products company's stock worth $102,000 after purchasing an additional 172 shares during the period. Hanson & Doremus Investment Management lifted its position in Standex International by 117.4% during the fourth quarter. Hanson & Doremus Investment Management now owns 926 shares of the industrial products company's stock valued at $173,000 after buying an additional 500 shares during the period. Finally, Bryn Mawr Capital Management LLC bought a new stake in Standex International during the fourth quarter worth about $201,000. 90.35% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Standex International news, CFO Ademir Sarcevic sold 2,000 shares of the company's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $195.44, for a total value of $390,880.00. Following the transaction, the chief financial officer now directly owns 16,086 shares in the company, valued at $3,143,847.84. This represents a 11.06 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. StockNews.com downgraded shares of Standex International from a "buy" rating to a "hold" rating in a research report on Monday, February 3rd. William Blair reaffirmed an "outperform" rating on shares of Standex International in a report on Tuesday, March 11th. DA Davidson raised their price objective on Standex International from $222.00 to $224.00 and gave the stock a "buy" rating in a research note on Tuesday, February 4th. Roth Capital upgraded shares of Standex International to a "strong-buy" rating in a research note on Wednesday, April 9th. Finally, Barrington Research restated an "outperform" rating and issued a $220.00 price target on shares of Standex International in a research note on Friday, February 28th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Standex International presently has a consensus rating of "Buy" and a consensus price target of $231.33.

Standex International Price Performance

SXI stock traded down $0.15 during trading on Friday, hitting $135.66. 59,856 shares of the company's stock traded hands, compared to its average volume of 54,856. Standex International Co. has a 52 week low of $130.05 and a 52 week high of $212.66. The stock has a market capitalization of $1.61 billion, a price-to-earnings ratio of 29.62, a P/E/G ratio of 2.63 and a beta of 0.95. The business has a fifty day simple moving average of $167.80 and a 200 day simple moving average of $183.50. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.61 and a current ratio of 3.37.

Standex International (NYSE:SXI - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The industrial products company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.68 by $0.23. Standex International had a return on equity of 13.28% and a net margin of 7.59%. As a group, research analysts expect that Standex International Co. will post 7.9 EPS for the current fiscal year.

Standex International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 0.94%. The ex-dividend date of this dividend was Friday, February 14th. Standex International's dividend payout ratio (DPR) is presently 27.95%.

About Standex International

Standex International Corporation, together with subsidiaries, engages in the manufacture and sale of various products and services for commercial and industrial markets in the United States and internationally. It operates through five segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions.