Champlain Investment Partners LLC Has $109.28 Million Stake in Standex International Co. (NYSE:SXI)

Champlain Investment Partners LLC boosted its holdings in shares of Standex International Co. (NYSE:SXI - Free Report) by 2.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 584,430 shares of the industrial products company's stock after purchasing an additional 11,774 shares during the quarter. Champlain Investment Partners LLC owned approximately 4.91% of Standex International worth $109,283,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SXI. JPMorgan Chase & Co. increased its position in shares of Standex International by 65.1% in the 4th quarter. JPMorgan Chase & Co. now owns 80,031 shares of the industrial products company's stock worth $14,965,000 after purchasing an additional 31,560 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in 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 buying an additional 330 shares in the last quarter. Versant Capital Management Inc grew its position in shares of Standex International by 27.0% in the 4th quarter. Versant Capital Management Inc now owns 301 shares of the industrial products company's stock worth $56,000 after acquiring an additional 64 shares in the last quarter. Contravisory Investment Management Inc. acquired a new stake in shares of Standex International during the 4th quarter valued at approximately $263,000. Finally, Barclays PLC lifted its stake in Standex International by 80.7% during the third quarter. Barclays PLC now owns 22,752 shares of the industrial products company's stock worth $4,157,000 after purchasing an additional 10,159 shares during the last quarter. 90.35% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Standex International news, CFO Ademir Sarcevic sold 2,000 shares of Standex International stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $195.44, for a total value of $390,880.00. Following the completion of the sale, the chief financial officer now directly owns 16,086 shares in the company, valued at $3,143,847.84. The trade was a 11.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.10% of the company's stock.

Standex International Price Performance

SXI traded up $2.55 on Tuesday, reaching $133.46. The company had a trading volume of 17,588 shares, compared to its average volume of 54,813. Standex International Co. has a one year low of $128.85 and a one year high of $212.66. The company has a market capitalization of $1.59 billion, a P/E ratio of 29.14, a PEG ratio of 2.63 and a beta of 0.95. The company has a fifty day moving average of $166.61 and a 200-day moving average of $183.19. The company has a current ratio of 3.37, a quick ratio of 2.61 and a debt-to-equity ratio of 0.81.

Standex International (NYSE:SXI - Get Free Report) last announced its 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, equities research analysts anticipate that Standex International Co. will post 7.9 earnings per share for the current year.

Standex International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.28 annualized dividend and a dividend yield of 0.96%. Standex International's dividend payout ratio (DPR) is 27.95%.

Wall Street Analysts Forecast Growth

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

Standex International 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.