Oregon Public Employees Retirement Fund Has $540,000 Stock Position in Standex International Co. (NYSE:SXI)

Oregon Public Employees Retirement Fund increased its position in shares of Standex International Co. (NYSE:SXI) by 3.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,886 shares of the industrial products company’s stock after buying an additional 100 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Standex International were worth $540,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Walleye Capital LLC bought a new stake in shares of Standex International during the 3rd quarter worth $250,000. State Street Corp boosted its holdings in shares of Standex International by 5.1% during the 3rd quarter. State Street Corp now owns 486,099 shares of the industrial products company’s stock worth $88,849,000 after buying an additional 23,786 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Standex International by 2.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 143,883 shares of the industrial products company’s stock worth $26,299,000 after buying an additional 3,844 shares during the period. Quest Partners LLC bought a new stake in shares of Standex International during the 3rd quarter worth $770,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Standex International by 0.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 33,064 shares of the industrial products company’s stock worth $6,043,000 after buying an additional 276 shares during the period. 90.35% of the stock is owned by institutional investors.

Standex International Price Performance

NYSE:SXI opened at $185.60 on Monday. The company has a 50-day moving average of $188.40 and a 200-day moving average of $187.21. The company has a market capitalization of $2.21 billion, a price-to-earnings ratio of 40.52, a PEG ratio of 2.63 and a beta of 1.06. Standex International Co. has a 52 week low of $154.45 and a 52 week high of $212.65. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.61 and a current ratio of 3.37.

Standex International (NYSE:SXI) last released its quarterly earnings data on Thursday, January 30th. The industrial products company reported $1.91 EPS 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%. As a group, equities research analysts anticipate that Standex International Co. will post 7.9 earnings per share for the current fiscal year.

Standex International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date was Friday, February 14th. Standex International’s dividend payout ratio (DPR) is currently 27.95%.

Analysts Set New Price Targets

A number of analysts have weighed in on SXI shares. StockNews.com downgraded shares of Standex International from a “buy” rating to a “hold” rating in a report on Monday, February 3rd. DA Davidson increased their price target on shares of Standex International from $222.00 to $224.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Finally, Barrington Research reissued an “outperform” rating and issued a $220.00 price target on shares of Standex International in a report on Friday.

Insider Buying and Selling

In related news, CFO Ademir Sarcevic sold 2,000 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $195.44, for a total transaction of $390,880.00. Following the completion of the sale, the chief financial officer now owns 16,086 shares in the company, valued at $3,143,847.84. This trade represents a 11.06 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 2.10% of the stock is currently owned by corporate insiders.

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.