43,213 Shares in Standex International Co. (NYSE:SXI) Purchased by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC acquired a new stake in Standex International Co. (NYSE:SXI) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 43,213 shares of the industrial products company’s stock, valued at approximately $8,080,000. Bryn Mawr Capital Management LLC owned about 0.36% of Standex International at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of SXI. Peterson Financial Group Inc. purchased a new position in Standex International during the third quarter worth approximately $44,000. Versant Capital Management Inc grew its holdings in Standex International by 27.0% in the 4th quarter. Versant Capital Management Inc now owns 301 shares of the industrial products company’s stock valued at $56,000 after buying an additional 64 shares in the last quarter. KBC Group NV increased its stake in shares of Standex International by 45.7% in the 4th quarter. KBC Group NV now owns 548 shares of the industrial products company’s stock worth $102,000 after acquiring an additional 172 shares during the last quarter. US Bancorp DE raised its holdings in shares of Standex International by 15.2% during the 3rd quarter. US Bancorp DE now owns 623 shares of the industrial products company’s stock worth $114,000 after acquiring an additional 82 shares during the period. Finally, International Assets Investment Management LLC boosted its position in shares of Standex International by 18,180.0% during the 3rd quarter. International Assets Investment Management LLC now owns 914 shares of the industrial products company’s stock valued at $167,000 after acquiring an additional 909 shares during the last quarter. 90.35% of the stock is owned by hedge funds and other institutional investors.

Standex International Trading Down 0.9 %

NYSE SXI opened at $187.97 on Thursday. The company has a debt-to-equity ratio of 0.81, a current ratio of 3.37 and a quick ratio of 2.61. The stock has a market capitalization of $2.24 billion, a P/E ratio of 41.04, a PEG ratio of 2.65 and a beta of 1.06. The firm’s 50-day moving average is $189.93 and its two-hundred day moving average is $186.16. Standex International Co. has a 12 month low of $154.45 and a 12 month high of $212.65.

Standex International (NYSE:SXI) last posted its quarterly earnings data on Thursday, January 30th. The industrial products company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.23. Standex International had a net margin of 7.59% and a return on equity of 13.28%. On average, sell-side analysts anticipate that Standex International Co. will post 7.9 earnings per share for the current year.

Standex International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.32 per share. The ex-dividend date is Friday, February 14th. This represents a $1.28 annualized dividend and a dividend yield of 0.68%. Standex International’s dividend payout ratio is currently 27.95%.

Insider Activity

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

Wall Street Analyst Weigh In

Several research firms recently issued reports on SXI. Benchmark raised their price objective on shares of Standex International from $210.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. DA Davidson raised their price target on shares of Standex International from $222.00 to $224.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. StockNews.com lowered shares of Standex International from a “buy” rating to a “hold” rating in a research report on Monday, February 3rd. Finally, Barrington Research reiterated an “outperform” rating and issued a $220.00 price objective on shares of Standex International in a research report on Monday, February 3rd.

About Standex International

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.