Shares of Standex International Corporation (NYSE:SXI) have been given an average rating of “Hold” by the six analysts that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have assigned a buy recommendation to the company.

Several analysts have recently issued reports on SXI shares. Zacks Investment Research downgraded Standex International Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. B. Riley restated a “buy” rating on shares of Standex International Corporation in a research report on Wednesday. FBR & Co restated a “buy” rating on shares of Standex International Corporation in a research report on Tuesday, July 18th. Finally, Sidoti downgraded Standex International Corporation from a “buy” rating to a “neutral” rating in a research report on Wednesday, October 4th.

Standex International Corporation (NYSE:SXI) traded down $0.75 during trading on Friday, reaching $104.10. The company’s stock had a trading volume of 25,922 shares, compared to its average volume of 39,725. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.40 and a quick ratio of 1.51. The firm has a market capitalization of $1,330.00, a price-to-earnings ratio of 22.10 and a beta of 1.60. Standex International Corporation has a 12 month low of $74.55 and a 12 month high of $110.00.

Standex International Corporation (NYSE:SXI) last posted its earnings results on Wednesday, November 1st. The industrial products company reported $1.35 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.18 by $0.17. The company had revenue of $214.40 million for the quarter, compared to analyst estimates of $195.63 million. Standex International Corporation had a return on equity of 15.06% and a net margin of 5.83%. Standex International Corporation’s revenue was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.14 earnings per share.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 28th. Stockholders of record on Thursday, November 9th will be given a $0.18 dividend. This is an increase from Standex International Corporation’s previous quarterly dividend of $0.16. This represents a $0.72 annualized dividend and a dividend yield of 0.69%. The ex-dividend date is Wednesday, November 8th. Standex International Corporation’s dividend payout ratio is currently 17.49%.

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In other news, Director Gerald H. Fickenscher sold 2,000 shares of the company’s stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $94.64, for a total value of $189,280.00. Following the sale, the director now directly owns 9,915 shares in the company, valued at $938,355.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.70% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Schwab Charles Investment Management Inc. lifted its position in Standex International Corporation by 4.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 73,770 shares of the industrial products company’s stock worth $6,691,000 after buying an additional 2,847 shares during the period. Keybank National Association OH lifted its position in Standex International Corporation by 21.0% during the second quarter. Keybank National Association OH now owns 7,500 shares of the industrial products company’s stock worth $680,000 after buying an additional 1,300 shares during the period. Northern Trust Corp lifted its position in Standex International Corporation by 2.5% during the second quarter. Northern Trust Corp now owns 428,011 shares of the industrial products company’s stock worth $38,821,000 after buying an additional 10,484 shares during the period. Diversified Trust Co lifted its position in Standex International Corporation by 9.5% during the second quarter. Diversified Trust Co now owns 2,300 shares of the industrial products company’s stock worth $209,000 after buying an additional 200 shares during the period. Finally, BlackRock Inc. lifted its position in Standex International Corporation by 95,699.3% during the first quarter. BlackRock Inc. now owns 1,528,957 shares of the industrial products company’s stock worth $153,126,000 after buying an additional 1,527,361 shares during the period. Hedge funds and other institutional investors own 87.01% of the company’s stock.

About Standex International Corporation

Standex International Corporation is a diversified manufacturing company. The Company is a manufacturer of a range of products and services for diverse commercial and industrial market segments. The Company has 11 operating segments, aggregated and organized into five segments: Food Service Equipment, Engraving, Engineering Technologies, Electronics and Hydraulics.

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