Knights of Columbus Asset Advisors LLC Buys 21,182 Shares of Standex International Co. (NYSE:SXI)

Knights of Columbus Asset Advisors LLC boosted its position in Standex International Co. (NYSE:SXI - Free Report) by 99.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,532 shares of the industrial products company's stock after purchasing an additional 21,182 shares during the quarter. Knights of Columbus Asset Advisors LLC owned about 0.36% of Standex International worth $6,736,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in SXI. JPMorgan Chase & Co. increased its stake in shares of Standex International by 3.8% during the 1st quarter. JPMorgan Chase & Co. now owns 34,276 shares of the industrial products company's stock valued at $3,424,000 after acquiring an additional 1,247 shares during the last quarter. Raymond James & Associates increased its position in Standex International by 20.8% during the 1st quarter. Raymond James & Associates now owns 6,057 shares of the industrial products company's stock worth $605,000 after purchasing an additional 1,043 shares in the last quarter. Citigroup Inc. increased its position in Standex International by 6.9% during the 1st quarter. Citigroup Inc. now owns 11,728 shares of the industrial products company's stock worth $1,172,000 after purchasing an additional 755 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Standex International by 3.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,312 shares of the industrial products company's stock worth $631,000 after purchasing an additional 189 shares in the last quarter. Finally, MetLife Investment Management LLC increased its position in Standex International by 39.1% during the 1st quarter. MetLife Investment Management LLC now owns 6,221 shares of the industrial products company's stock worth $622,000 after purchasing an additional 1,750 shares in the last quarter. Institutional investors and hedge funds own 90.35% of the company's stock.

Standex International Stock Up 0.4 %

NYSE SXI traded up $0.69 on Friday, reaching $167.54. The company had a trading volume of 48,435 shares, compared to its average volume of 67,365. The firm has a market capitalization of $1.99 billion, a PE ratio of 14.43, a P/E/G ratio of 2.57 and a beta of 1.03. Standex International Co. has a 1 year low of $117.24 and a 1 year high of $184.18. The firm has a 50-day moving average of $172.11 and a 200-day moving average of $154.67. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.34 and a quick ratio of 2.58.

Standex International (NYSE:SXI - Get Free Report) last released its earnings results on Friday, February 2nd. The industrial products company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.72 by $0.06. The company had revenue of $178.40 million during the quarter, compared to analysts' expectations of $180.25 million. Standex International had a return on equity of 13.63% and a net margin of 18.80%. The business's revenue was down 5.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.74 EPS. On average, equities research analysts anticipate that Standex International Co. will post 7.23 EPS for the current fiscal year.

Standex International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, February 26th. Stockholders of record on Monday, February 12th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend was Friday, February 9th. Standex International's dividend payout ratio (DPR) is currently 10.33%.

Analyst Upgrades and Downgrades

SXI has been the subject of a number of research analyst reports. StockNews.com downgraded shares of Standex International from a "strong-buy" rating to a "buy" rating in a research report on Monday, February 5th. DA Davidson upped their price target on Standex International from $165.00 to $200.00 and gave the stock a "buy" rating in a report on Wednesday, March 13th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, Standex International presently has an average rating of "Buy" and an average target price of $195.00.

Insider Activity

In other news, CEO David A. Dunbar sold 4,901 shares of the stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $180.00, for a total transaction of $882,180.00. Following the completion of the transaction, the chief executive officer now directly owns 57,332 shares in the company, valued at approximately $10,319,760. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In related news, CEO David A. Dunbar sold 4,901 shares of the company's stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $180.00, for a total transaction of $882,180.00. Following the sale, the chief executive officer now directly owns 57,332 shares of the company's stock, valued at approximately $10,319,760. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Barbara Joanne Edwards sold 1,661 shares of the company's stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $152.19, for a total value of $252,787.59. Following the sale, the director now directly owns 4,811 shares in the company, valued at $732,186.09. The disclosure for this sale can be found here. In the last three months, insiders sold 18,084 shares of company stock worth $2,980,448. 2.28% of the stock is currently owned by insiders.

About Standex International

Standex International Corporation, together with subsidiaries, manufactures and sells 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.