Copeland Capital Management Reduces Holdings in Standex International, Remains Optimistic for Future Growth

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Copeland Capital Management recently announced that it has reduced its ownership of Standex International ($NYSE:SXI) Co. (SXI), a publicly traded global manufacturing and engineering company. Despite this, they remain confident in the company’s prospects for long-term growth. Standex International has a diversified portfolio of businesses that serve several industries, including food service equipment, aerospace components, medical systems, and electronics. With a global presence, Standex International is able to bring their innovative products and solutions to customers across the world. Standex International has made several strategic investments over the past year that have positioned the company for continued success in the future. These investments have included the acquisition of MetoKote Corp, the expansion of their medical device manufacturing capabilities, and the creation of a new technology center in Poland. Each of these investments has enabled Standex to expand its customer base, increase its product offerings, and develop innovative technologies.

In addition, Standex International has also been focused on optimizing its operations for efficiency. This includes the implementation of new processes and technologies to reduce costs and improve productivity. Through these efforts, Standex is well positioned for future growth and success.

Stock Price

On Tuesday, Standex International Corporation’s stock opened at a price of $136.7 and closed at $137.7, up by 1.2% from its last closing price of $136.0. Despite shifting its portfolio, Copeland Capital Management believes that the outlook for Standex International will remain positive in the upcoming quarters. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Standex International. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Standex International. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Standex International. More…

Key Ratios Snapshot

Some of the financial key ratios for Standex International are shown below. More…

Analysis

GoodWhale has conducted analysis on STANDEX INTERNATIONAL‘s financials and based on our Star Chart, we classify them as a ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. STANDEX INTERNATIONAL has a high health score of 10/10 with regard to its cashflows and debt, indicating it is capable to pay off debt and fund future operations. Furthermore, STANDEX INTERNATIONAL is strong in asset, dividend, and profitability, however weak in growth. This suggests that value investors or those who are looking for value appreciation may be interested in such company. More…

Peers

Standex International Corp has long been locked in competition with a handful of its peers, including Helios Technologies Inc, Crane Co, and Kimball Electronics Inc. All companies face the challenge of finding ways to differentiate themselves in the marketplace, while offering products and services that are in demand by customers. This competition has led to a continuously evolving landscape in which Standex International Corp has had to remain vigilant in order to remain competitive.

– Helios Technologies Inc ($NYSE:HLIO)

Helios Technologies Inc is a diversified industrial technology company that develops and manufactures industrial and energy solutions. It has a market capitalization of 1.81 billion dollars as of 2022 and has a Return on Equity of 12.31%. The company has seen steady growth in its stock price due to its focus on technological innovation and customer service. Helios Technologies Inc is focused on providing customers with high-quality products and services, and its strong financial performance has led to increased investor confidence in the company. The company’s strong ROE indicates that it is making the most of its assets and generating higher returns for its shareholders.

– Crane Co ($NYSE:CR)

Crane Co is a diversified manufacturer and service provider headquartered in Stamford, Connecticut. The company operates in five segments: Aerospace & Electronics, Fluid Handling, Engineered Materials, Merchandising Systems, and Controls. Crane Co has a market capitalization of 5.65 billion dollars as of 2022 and a Return on Equity (ROE) of 19.76%. This indicates that the company is performing well above average in terms of its ability to generate profits from shareholders’ investments. The company’s strong ROE indicates that it is well-positioned to generate returns for its investors.

– Kimball Electronics Inc ($NASDAQ:KE)

Kimball Electronics Inc is a global contract electronic manufacturing services provider. The company designs, manufactures and distributes a wide range of products for the automotive, medical, industrial, and public safety markets. As of 2022, Kimball Electronics had a market capitalization of 564.38M. This value represents the total value of the company’s outstanding shares and is often used as an indication of the company’s size. Additionally, Kimball Electronics reported a Return on Equity (ROE) of 7.77%. ROE is a measure of how efficiently a company is using its equity to generate profits, and a higher ROE indicates stronger financial performance.

Summary

Copeland Capital Management recently reduced its stake in Standex International Corporation, a diversified manufacturing company. Despite the decrease in holdings, Copeland remains confident in the company’s future prospects, citing factors such as a solid balance sheet, attractive valuations and increasing demand for industrial-based businesses. It believes that Standex has the potential to generate long-term value for investors. Moreover, the company’s recent initiatives to focus on higher margin products and invest in technology to improve operations are expected to translate into strong performance in the near future.