3,786 Shares in Standex International Corporation $SXI Purchased by Van Hulzen Asset Management LLC

Van Hulzen Asset Management LLC acquired a new stake in Standex International Corporation (NYSE:SXI - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 3,786 shares of the industrial products company's stock, valued at approximately $1,354,000.

Other hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC raised its stake in shares of Standex International by 13.1% in the 2nd quarter. GAMMA Investing LLC now owns 303 shares of the industrial products company's stock valued at $108,000 after acquiring an additional 35 shares during the period. Corient Private Wealth LLC boosted its position in shares of Standex International by 4.6% during the 4th quarter. Corient Private Wealth LLC now owns 1,148 shares of the industrial products company's stock worth $252,000 after purchasing an additional 50 shares during the period. Personal CFO Solutions LLC boosted its position in shares of Standex International by 2.3% during the 1st quarter. Personal CFO Solutions LLC now owns 2,377 shares of the industrial products company's stock worth $606,000 after purchasing an additional 54 shares during the period. Cornerstone Planning Group LLC increased its holdings in 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 last quarter. Finally, UMB Bank n.a. increased its holdings in Standex International by 132.7% in the 4th quarter. UMB Bank n.a. now owns 128 shares of the industrial products company's stock valued at $28,000 after purchasing an additional 73 shares during the last quarter. Hedge funds and other institutional investors own 90.35% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on SXI shares. Weiss Ratings cut Standex International from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, August 19th. DA Davidson reaffirmed a "buy" rating and issued a $350.00 price objective on shares of Standex International in a research note on Thursday, August 20th. Finally, Zacks Research upgraded Standex International from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 2nd. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $298.67.

Standex International Stock Down 2.3%

SXI stock opened at $303.24 on Tuesday. The company's 50 day moving average price is $316.83 and its 200 day moving average price is $282.98. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.84 and a current ratio of 2.40. Standex International Corporation has a fifty-two week low of $197.00 and a fifty-two week high of $363.89. The firm has a market capitalization of $3.68 billion, a price-to-earnings ratio of 34.98, a PEG ratio of 3.46 and a beta of 1.06.

Standex International (NYSE:SXI - Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.35 by $0.10. Standex International had a net margin of 11.73% and a return on equity of 14.47%. The company had revenue of $228.25 million during the quarter, compared to the consensus estimate of $226.47 million. During the same quarter in the previous year, the firm earned $2.28 earnings per share. The firm's quarterly revenue was up 2.8% on a year-over-year basis. On average, equities research analysts anticipate that Standex International Corporation will post 9.96 EPS for the current fiscal year.

Standex International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 21st. Stockholders of record on Friday, August 7th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Friday, August 7th. Standex International's payout ratio is 15.69%.

About Standex International

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.

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