Standex International (NYSE:SXI) Price Target Raised to $260.00

Standex International (NYSE:SXI) had its target price increased by Roth Capital from $205.00 to $260.00 in a research note released on Monday,Benzinga reports. Roth Capital currently has a buy rating on the industrial products company’s stock. Roth Capital also issued estimates for Standex International’s Q2 2026 earnings at $1.98 EPS, Q4 2026 earnings at $2.50 EPS, Q3 2027 earnings at $2.58 EPS and FY2027 earnings at $10.20 EPS.

A number of other equities research analysts have also issued reports on SXI. DA Davidson raised their price target on Standex International from $200.00 to $219.00 and gave the stock a “buy” rating in a research note on Monday, August 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Standex International in a research report on Wednesday, October 8th. Barrington Research lifted their target price on Standex International from $220.00 to $260.00 and gave the company an “outperform” rating in a research report on Monday, October 27th. Finally, Wall Street Zen lowered Standex International from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $246.33.

Standex International Price Performance

Shares of SXI stock opened at $233.96 on Monday. Standex International has a 52-week low of $128.85 and a 52-week high of $247.16. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.10 and a current ratio of 2.88. The firm has a market capitalization of $2.83 billion, a P/E ratio of 50.42, a P/E/G ratio of 3.07 and a beta of 1.15. The stock has a 50 day moving average price of $218.38 and a 200 day moving average price of $183.06.

Standex International (NYSE:SXI) last issued its quarterly earnings results on Thursday, October 30th. The industrial products company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.05. Standex International had a return on equity of 13.92% and a net margin of 7.06%.The firm had revenue of $217.43 million during the quarter, compared to analyst estimates of $215.96 million. During the same period last year, the company earned $1.84 EPS. Standex International’s quarterly revenue was up 27.5% compared to the same quarter last year. Standex International has set its FY 2026 guidance at EPS. As a group, sell-side analysts predict that Standex International will post 7.9 earnings per share for the current year.

Standex International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, November 7th will be given a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, November 7th. This is a positive change from Standex International’s previous quarterly dividend of $0.32. Standex International’s dividend payout ratio is presently 31.19%.

Insider Buying and Selling

In related news, CFO Ademir Sarcevic sold 1,823 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $230.12, for a total transaction of $419,508.76. Following the transaction, the chief financial officer directly owned 9,341 shares in the company, valued at $2,149,550.92. The trade was a 16.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO David A. Dunbar sold 18,000 shares of the business’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $235.00, for a total value of $4,230,000.00. Following the transaction, the chief executive officer owned 103,973 shares in the company, valued at approximately $24,433,655. This trade represents a 14.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 49,815 shares of company stock worth $10,820,688 in the last ninety days. 2.52% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC grew its stake in Standex International by 16.4% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,010 shares of the industrial products company’s stock worth $210,000 after buying an additional 142 shares during the last quarter. Bryn Mawr Trust Advisors LLC grew its stake in Standex International by 14.2% during the 3rd quarter. Bryn Mawr Trust Advisors LLC now owns 1,518 shares of the industrial products company’s stock worth $322,000 after buying an additional 189 shares during the last quarter. AlphaQuest LLC grew its stake in Standex International by 72.8% during the 3rd quarter. AlphaQuest LLC now owns 197 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 83 shares during the last quarter. Arizona State Retirement System raised its stake in shares of Standex International by 2.9% in the third quarter. Arizona State Retirement System now owns 3,572 shares of the industrial products company’s stock worth $757,000 after purchasing an additional 99 shares during the last quarter. Finally, Truist Financial Corp lifted its holdings in shares of Standex International by 3.9% during the third quarter. Truist Financial Corp now owns 5,947 shares of the industrial products company’s stock worth $1,260,000 after purchasing an additional 225 shares during the period. 90.35% of the stock is currently owned by hedge funds and other institutional investors.

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.