Standex International (NYSE:SXI) Stock Price Down 9.3% on Disappointing Earnings

Key Points

• Shares fell 9.3% after the quarter showed EPS of $2.21 (missing the $2.22 consensus by $0.01) and revenue of $224.6M (slightly below estimates), even as revenue rose 8.1% year‑over‑year.
• Dividend announced: a quarterly payout of $0.34 per share (annualized $1.36) will be paid May 22 with an ex‑dividend date of May 8, implying a yield of about 0.5%.
• Analysts and insiders: the stock carries a consensus "Moderate Buy" and a $289.67 target after several upward price‑target revisions, while Director Andy Nemeth bought 2,000 shares at $245 amid other insider selling.

Standex International Corporation (NYSE:SXI - Get Free Report) fell 9.3% during mid-day trading on Friday following a weaker than expected earnings announcement. The stock traded as low as $249.13 and last traded at $247.6270. 54,467 shares changed hands during trading, a decline of 68% from the average session volume of 171,762 shares. The stock had previously closed at $273.00.

The industrial products company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.22 by ($0.01). The company had revenue of $224.60 million for the quarter, compared to the consensus estimate of $225.16 million. Standex International had a net margin of 6.20% and a return on equity of 14.29%. Standex International's revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.95 EPS.

Standex International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be paid a dividend of $0.34 per share. The ex-dividend date is Friday, May 8th. This represents a $1.36 annualized dividend and a yield of 0.5%. Standex International's dividend payout ratio is currently 30.49%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on SXI shares. DA Davidson upped their price target on shares of Standex International from $298.00 to $323.00 and gave the company a "buy" rating in a research report on Monday, April 20th. Wall Street Zen lowered shares of Standex International from a "buy" rating to a "hold" rating in a research report on Sunday, February 1st. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Standex International in a research report on Monday, April 20th. Roth Mkm upped their price target on shares of Standex International from $260.00 to $286.00 and gave the company a "buy" rating in a research report on Tuesday, February 3rd. Finally, Barrington Research reaffirmed an "outperform" rating and set a $260.00 price target on shares of Standex International in a research report on Monday, March 9th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Standex International presently has an average rating of "Moderate Buy" and a consensus target price of $289.67.

Insider Buying and Selling at Standex International

In other news, Director Andy L. Nemeth bought 2,000 shares of Standex International stock in a transaction that occurred on Wednesday, February 4th. The stock was bought at an average cost of $245.00 per share, with a total value of $490,000.00. Following the acquisition, the director owned 8,639 shares of the company's stock, valued at $2,116,555. The trade was a 30.13% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas E. Chorman sold 513 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $260.00, for a total transaction of $133,380.00. Following the completion of the sale, the director directly owned 12,666 shares of the company's stock, valued at $3,293,160. This represents a 3.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 16,063 shares of company stock worth $4,114,860 over the last 90 days. 2.52% of the stock is owned by company insiders.

Institutional Investors Weigh In On Standex International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SXI. Royal Bank of Canada increased its holdings in Standex International by 110.7% in the 1st quarter. Royal Bank of Canada now owns 45,010 shares of the industrial products company's stock worth $7,263,000 after acquiring an additional 23,643 shares in the last quarter. AQR Capital Management LLC increased its holdings in Standex International by 13.7% in the 1st quarter. AQR Capital Management LLC now owns 5,273 shares of the industrial products company's stock worth $851,000 after acquiring an additional 634 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Standex International by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,928 shares of the industrial products company's stock worth $1,118,000 after acquiring an additional 308 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Standex International by 3.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 40,112 shares of the industrial products company's stock worth $6,474,000 after acquiring an additional 1,509 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in Standex International by 902.1% in the 1st quarter. Jane Street Group LLC now owns 36,676 shares of the industrial products company's stock worth $5,919,000 after acquiring an additional 33,016 shares in the last quarter. 90.35% of the stock is owned by hedge funds and other institutional investors.

Standex International Stock Down 8.4%

The company's fifty day moving average is $261.63 and its 200-day moving average is $246.74. The company has a market capitalization of $3.03 billion, a PE ratio of 54.49, a price-to-earnings-growth ratio of 3.23 and a beta of 1.11. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.10 and a current ratio of 2.87.

Standex International Company Profile

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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