Standex InternationalSXI
Market Cap: $1.98B
About: Standex International Corp is an industrial manufacturer of different products and services used in commercial and industrial markets. It has five reportable segments; Electronics; Engraving; Scientific; Engineering Technologies and Specialty Solutions. The maximum revenue is generated from its Electronics segment which is a component and value-added services provider of both sensing and switching technologies as well as magnetic power conversion components and assemblies, like custom wound transformers and inductors, current sense technology, value-added assemblies, and mechanical packaging among others. Geographically, it derives key revenue from the United States and the rest from Asia Pacific, Europe, Middle East and South Africa (EMEA), and other regions.
Employees: 3,700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
76% more call options, than puts
Call options by funds: $2.98M | Put options by funds: $1.69M
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
5% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 83
1.06% less ownership
Funds ownership: 95.11% [Q1] → 94.05% (-1.06%) [Q2]
5% less funds holding
Funds holding: 239 [Q1] → 228 (-11) [Q2]
13% less capital invested
Capital invested by funds: $2.06B [Q1] → $1.8B (-$260M) [Q2]
31% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 35
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Benchmark Michael Legg 32% 1-year accuracy 14 / 44 met price target | 26%upside $210 | Buy Reiterated | 6 Aug 2024 |
DA Davidson Michael Shlisky 26% 1-year accuracy 6 / 23 met price target | 27%upside $211 | Buy Maintained | 5 Aug 2024 |
Benchmark Michael Legg 32% 1-year accuracy 14 / 44 met price target | 26%upside $210 | Buy Reiterated | 2 Aug 2024 |