Copeland Capital Management LLC Has $97.24 Million Holdings in Standex International Co. (NYSE:SXI)

Copeland Capital Management LLC decreased its position in Standex International Co. (NYSE:SXI - Free Report) by 6.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 520,015 shares of the industrial products company's stock after selling 36,229 shares during the period. Standex International comprises 1.8% of Copeland Capital Management LLC's portfolio, making the stock its 7th biggest position. Copeland Capital Management LLC owned about 4.30% of Standex International worth $97,238,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. State Street Corp boosted its stake in shares of Standex International by 5.1% during the 3rd quarter. State Street Corp now owns 486,099 shares of the industrial products company's stock worth $88,849,000 after buying an additional 23,786 shares during the last quarter. Wasatch Advisors LP grew its stake in shares of Standex International by 24.6% in the third quarter. Wasatch Advisors LP now owns 460,073 shares of the industrial products company's stock valued at $84,092,000 after buying an additional 90,770 shares in the last quarter. Geode Capital Management LLC increased its holdings in Standex International by 3.0% during the third quarter. Geode Capital Management LLC now owns 308,217 shares of the industrial products company's stock worth $56,345,000 after buying an additional 9,119 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Standex International by 2.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 143,883 shares of the industrial products company's stock worth $26,299,000 after acquiring an additional 3,844 shares in the last quarter. Finally, Handelsbanken Fonder AB lifted its stake in Standex International by 4.1% in the third quarter. Handelsbanken Fonder AB now owns 127,700 shares of the industrial products company's stock valued at $23,341,000 after acquiring an additional 5,000 shares during the last quarter. Institutional investors and hedge funds own 90.35% of the company's stock.

Insider Activity

In related news, CFO Ademir Sarcevic sold 1,600 shares of the firm's stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $199.81, for a total value of $319,696.00. Following the completion of the transaction, the chief financial officer now directly owns 18,086 shares of the company's stock, valued at approximately $3,613,763.66. This trade represents a 8.13 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas J. Hansen sold 1,661 shares of the company's stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $210.41, for a total value of $349,491.01. Following the sale, the director now owns 11,431 shares in the company, valued at approximately $2,405,196.71. This represents a 12.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.10% of the stock is currently owned by corporate insiders.

Standex International Trading Up 1.9 %

Shares of SXI stock traded up $3.57 during trading hours on Wednesday, hitting $195.48. 36,656 shares of the company's stock traded hands, compared to its average volume of 55,365. The stock has a market cap of $2.36 billion, a PE ratio of 42.68, a price-to-earnings-growth ratio of 2.59 and a beta of 1.06. The stock's 50 day simple moving average is $193.45 and its 200 day simple moving average is $185.59. The company has a quick ratio of 2.83, a current ratio of 3.55 and a debt-to-equity ratio of 0.23. Standex International Co. has a 12 month low of $149.11 and a 12 month high of $212.65.

Standex International (NYSE:SXI - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The industrial products company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.23. Standex International had a net margin of 7.59% and a return on equity of 13.40%. On average, sell-side analysts anticipate that Standex International Co. will post 7.84 EPS for the current year.

Standex International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date of this dividend is Friday, February 14th. Standex International's dividend payout ratio is 27.95%.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Barrington Research reiterated an "outperform" rating and issued a $220.00 price target on shares of Standex International in a research note on Monday. DA Davidson increased their price objective on shares of Standex International from $222.00 to $224.00 and gave the stock a "buy" rating in a research note on Tuesday. Benchmark boosted their target price on shares of Standex International from $210.00 to $250.00 and gave the company a "buy" rating in a research report on Wednesday, October 30th. Finally, StockNews.com lowered shares of Standex International from a "buy" rating to a "hold" rating in a research report on Monday.

Standex International Company Profile

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.