Standex Int'l Corp. (SXI) : Moody Aldrich Partners scooped up 15,300 additional shares in Standex Int'l Corp. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 24,495 shares of Standex Int'l Corp. which is valued at $2,181,770.Standex Int'l Corp. makes up approximately 1.73% of Moody Aldrich Partners’s portfolio.
Other Hedge Funds, Including , Huntington National Bank reduced its stake in SXI by selling 468 shares or 19.5% in the most recent quarter. The Hedge Fund company now holds 1,932 shares of SXI which is valued at $172,083.Msi Financial Services Inc boosted its stake in SXI in the latest quarter, The investment management firm added 35 additional shares and now holds a total of 340 shares of Standex Int'l Corp. which is valued at $30,284. Creative Planning added SXI to its portfolio by purchasing 606 company shares during the most recent quarter which is valued at $52,498. Quotient Investors sold out all of its stake in SXI during the most recent quarter. The investment firm sold 2,700 shares of SXI which is valued $233,901.Bnp Paribas Arbitrage Sa boosted its stake in SXI in the latest quarter, The investment management firm added 2,218 additional shares and now holds a total of 4,150 shares of Standex Int'l Corp. which is valued at $350,343.
Standex Int'l Corp. opened for trading at $88.55 and hit $89.37 on the upside on Friday, eventually ending the session at $88.8, with a gain of 0.48% or 0.42 points. The heightened volatility saw the trading volume jump to 53,354 shares. Company has a market cap of $1,137 M.
On the company’s financial health, Standex Int'l Corp. reported $0.93 EPS for the quarter, missing the analyst consensus estimate by $ -0.12 based on the information available during the earnings call on May 3, 2016. Analyst had a consensus of $1.05. The company had revenue of $177.50 million for the quarter, compared to analysts expectations of $183.10 million. The company’s revenue was down -1.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.02 EPS.
Standex International Corporation is a diversified manufacturing company for diverse commercial and industrial market segments. The Company has 11 operating segments aggregated and organized into five segments: Food Service Equipment Group Engraving Group Engineering Technologies Group (ETG) Electronics Products Group and Hydraulics Products Group. The Food Service Equipment business products are used throughout the entire commercial food service process. The Engraving Group is a single source texture solutions supplier for Original Equipment Manufacturers (OEMs). The ETG provides engineered parts in all workable metal alloys. The Electronics Products Group manufactures custom magnetic sensing and electromechanical components; fluid level sensors flow pressure proximity conductive and inductive sensors; electronics assemblies and magnetic components. The Hydraulics Products Group manufactures mobile hydraulic cylinders and piston rod hydraulic cylinders.