Standex International (SXI)
Market Price (11/6/2026): $241.0 | Market Cap: $2.9 BilSector: Industrials | Industry: Industrial Machinery & Supplies & Components
Standex International (SXI)
Market Price (11/6/2026): $241.0Market Cap: $2.9 BilSector: IndustrialsIndustry: Industrial Machinery & Supplies & Components
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -36% Low stock price volatilityVol 12M is 41% Megatrend and thematic driversMegatrends include Electric Vehicles & Autonomous Driving, Sustainable Infrastructure, and Automation & Robotics. Themes include EV Charging Infrastructure, Show more. | Weak multi-year price returns2Y Excs Rtn is -6.9%, 3Y Excs Rtn is -19% | Key risksSXI key risks include [1] margin pressure from the inability to fully pass on volatile raw material costs and [2] decreased demand in key end markets such as new vehicle introductions, Show more. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -36% |
| Low stock price volatilityVol 12M is 41% |
| Megatrend and thematic driversMegatrends include Electric Vehicles & Autonomous Driving, Sustainable Infrastructure, and Automation & Robotics. Themes include EV Charging Infrastructure, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -6.9%, 3Y Excs Rtn is -19% |
| Key risksSXI key risks include [1] margin pressure from the inability to fully pass on volatile raw material costs and [2] decreased demand in key end markets such as new vehicle introductions, Show more. |
Qualitative Assessment
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Standex International (SXI) stock has lost about 20% since 7/31/2026 because of the following key factors:
1. Valuation Concerns Led to Analyst Downgrades.
Despite Standex International (SXI) delivering strong operational performance and robust fiscal year 2026 results, some analysts downgraded the stock due to a stretched valuation. For instance, on October 18, 2026, Seeking Alpha issued a "soft 'sell'" rating, arguing that current valuation levels were difficult to justify for new or continued investment. This re-evaluation of the stock's price-to-earnings multiple likely contributed to selling pressure as the market recalibrated expectations, overriding positive financial fundamentals.
2. "Sell the News" Reaction Post-Fiscal Q1 2027 Earnings Despite Strong Results.
Standex reported strong fiscal Q1 2027 results (for the quarter ended September 30, 2026) on October 29, 2026, beating Wall Street's revenue and adjusted EPS estimates and raising its fiscal year 2027 outlook. The company posted revenue of $232.6 million, exceeding the $229.5 million consensus, and adjusted EPS of $2.41, above the $2.34 consensus. Despite these positive financial achievements and an organic sales increase of 12.4%, the stock experienced a significant decline, including an $18.87 drop to $232.55 on November 4, 2026. This suggests a "sell the news" event, where investors may have taken profits after the anticipated positive earnings, possibly exacerbated by pre-existing valuation concerns or a slight miss in adjusted EBITDA compared to consensus estimates.
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Standex International (SXI) stock has lost about 20% since 7/31/2026 because of the following key factors:
1. Valuation Concerns Led to Analyst Downgrades.
Despite Standex International (SXI) delivering strong operational performance and robust fiscal year 2026 results, some analysts downgraded the stock due to a stretched valuation. For instance, on October 18, 2026, Seeking Alpha issued a "soft 'sell'" rating, arguing that current valuation levels were difficult to justify for new or continued investment. This re-evaluation of the stock's price-to-earnings multiple likely contributed to selling pressure as the market recalibrated expectations, overriding positive financial fundamentals.
2. "Sell the News" Reaction Post-Fiscal Q1 2027 Earnings Despite Strong Results.
Standex reported strong fiscal Q1 2027 results (for the quarter ended September 30, 2026) on October 29, 2026, beating Wall Street's revenue and adjusted EPS estimates and raising its fiscal year 2027 outlook. The company posted revenue of $232.6 million, exceeding the $229.5 million consensus, and adjusted EPS of $2.41, above the $2.34 consensus. Despite these positive financial achievements and an organic sales increase of 12.4%, the stock experienced a significant decline, including an $18.87 drop to $232.55 on November 4, 2026. This suggests a "sell the news" event, where investors may have taken profits after the anticipated positive earnings, possibly exacerbated by pre-existing valuation concerns or a slight miss in adjusted EBITDA compared to consensus estimates.
3. Bearish Technical Indicators and Shift in Analyst Sentiment.
The stock's technical performance showed a bearish turn in October 2026, with SXI moving below its 50-day moving average on October 7, 2026, indicating a shift to a downward trend. Further compounding this, the 50-day moving average crossed below the 200-day moving average on October 28, 2026, which is often considered a long-term bearish signal. Concurrently, a shift in analyst sentiment was observed when J.P. Morgan initiated coverage on October 14, 2026, with a "Hold" rating and a $320 price target, contributing to a less bullish outlook for the stock.
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Stock Movement Drivers
Fundamental Drivers
The -21.6% change in SXI stock from 7/31/2026 to 11/5/2026 was primarily driven by a -31.6% change in the company's P/E Multiple.| (LTM values as of) | 7312026 | 11052026 | Change |
|---|---|---|---|
| Stock Price ($) | 296.20 | 232.32 | -21.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 885 | 907 | 2.4% |
| Net Income Margin (%) | 11.2% | 12.5% | 12.2% |
| P/E Multiple | 36.1 | 24.7 | -31.6% |
| Shares Outstanding (Mil) | 12 | 12 | -0.2% |
| Cumulative Contribution | -21.6% |
Market Drivers
7/31/2026 to 11/5/2026| Return | Correlation | |
|---|---|---|
| SXI | -21.6% | |
| Market (SPY) | -1.9% | 49.5% |
| Sector (XLI) | -9.7% | 66.4% |
Fundamental Drivers
The -14.7% change in SXI stock from 4/30/2026 to 11/5/2026 was primarily driven by a -59.5% change in the company's P/E Multiple.| (LTM values as of) | 4302026 | 11052026 | Change |
|---|---|---|---|
| Stock Price ($) | 272.38 | 232.32 | -14.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 869 | 907 | 4.4% |
| Net Income Margin (%) | 6.2% | 12.5% | 102.2% |
| P/E Multiple | 60.9 | 24.7 | -59.5% |
| Shares Outstanding (Mil) | 12 | 12 | -0.2% |
| Cumulative Contribution | -14.7% |
Market Drivers
4/30/2026 to 11/5/2026| Return | Correlation | |
|---|---|---|
| SXI | -14.7% | |
| Market (SPY) | 2.3% | 52.3% |
| Sector (XLI) | -6.7% | 64.3% |
Fundamental Drivers
The 0.1% change in SXI stock from 10/31/2025 to 11/5/2026 was primarily driven by a 99.6% change in the company's Net Income Margin (%).| (LTM values as of) | 10312025 | 11052026 | Change |
|---|---|---|---|
| Stock Price ($) | 232.06 | 232.32 | 0.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 837 | 907 | 8.3% |
| Net Income Margin (%) | 6.3% | 12.5% | 99.6% |
| P/E Multiple | 53.0 | 24.7 | -53.5% |
| Shares Outstanding (Mil) | 12 | 12 | -0.5% |
| Cumulative Contribution | 0.1% |
Market Drivers
10/31/2025 to 11/5/2026| Return | Correlation | |
|---|---|---|
| SXI | 0.1% | |
| Market (SPY) | 8.4% | 55.6% |
| Sector (XLI) | 5.7% | 66.0% |
Fundamental Drivers
The 64.7% change in SXI stock from 10/31/2023 to 11/5/2026 was primarily driven by a 106.4% change in the company's P/E Multiple.| (LTM values as of) | 10312023 | 11052026 | Change |
|---|---|---|---|
| Stock Price ($) | 141.08 | 232.32 | 64.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 741 | 907 | 22.4% |
| Net Income Margin (%) | 18.8% | 12.5% | -33.1% |
| P/E Multiple | 11.9 | 24.7 | 106.4% |
| Shares Outstanding (Mil) | 12 | 12 | -2.5% |
| Cumulative Contribution | 64.7% |
Market Drivers
10/31/2023 to 11/5/2026| Return | Correlation | |
|---|---|---|
| SXI | 64.7% | |
| Market (SPY) | 81.3% | 54.4% |
| Sector (XLI) | 71.8% | 63.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SXI Return | 44% | -6% | 56% | 19% | 17% | 7% | 213% |
| Peers Return | 30% | -13% | 19% | 10% | 10% | 16% | 87% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 105% |
Monthly Win Rates [3] | |||||||
| SXI Win Rate | 50% | 33% | 75% | 50% | 67% | 45% | |
| Peers Win Rate | 68% | 28% | 55% | 52% | 57% | 45% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 45% | |
Max Drawdowns [4] | |||||||
| SXI Max Drawdown | -18% | -27% | -20% | -15% | -33% | -35% | |
| Peers Max Drawdown | -13% | -26% | -22% | -15% | -27% | -21% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: AME, ITW, DOV, CR, LFUS. See SXI Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/5/2026 (YTD)
How Low Can It Go
| Event | SXI | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -30.3% | -18.8% |
| % Gain to Breakeven | 43.4% | 23.1% |
| Time to Breakeven | 106 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -26.5% | -24.5% |
| % Gain to Breakeven | 36.0% | 32.4% |
| Time to Breakeven | 182 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -47.4% | -33.7% |
| % Gain to Breakeven | 90.1% | 50.9% |
| Time to Breakeven | 236 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -42.8% | -19.2% |
| % Gain to Breakeven | 74.8% | 23.8% |
| Time to Breakeven | 805 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -18.2% | -3.7% |
| % Gain to Breakeven | 22.2% | 3.9% |
| Time to Breakeven | 33 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -11.8% | -12.2% |
| % Gain to Breakeven | 13.3% | 13.9% |
| Time to Breakeven | 43 days | 62 days |
In The Past
Standex International's stock fell -30.3% during the 2025 US Tariff Shock. Such a loss loss requires a 43.4% gain to breakeven.
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Asset Allocation
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| Event | SXI | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -30.3% | -18.8% |
| % Gain to Breakeven | 43.4% | 23.1% |
| Time to Breakeven | 106 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -26.5% | -24.5% |
| % Gain to Breakeven | 36.0% | 32.4% |
| Time to Breakeven | 182 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -47.4% | -33.7% |
| % Gain to Breakeven | 90.1% | 50.9% |
| Time to Breakeven | 236 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -42.8% | -19.2% |
| % Gain to Breakeven | 74.8% | 23.8% |
| Time to Breakeven | 805 days | 105 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -26.6% | -17.9% |
| % Gain to Breakeven | 36.2% | 21.8% |
| Time to Breakeven | 23 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -26.7% | -15.4% |
| % Gain to Breakeven | 36.3% | 18.2% |
| Time to Breakeven | 209 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -55.6% | -53.4% |
| % Gain to Breakeven | 125.5% | 114.4% |
| Time to Breakeven | 164 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -21.6% | -8.6% |
| % Gain to Breakeven | 27.5% | 9.5% |
| Time to Breakeven | 351 days | 47 days |
In The Past
Standex International's stock fell -30.3% during the 2025 US Tariff Shock. Such a loss loss requires a 43.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Standex International (SXI)
Standex International Corporation (SXI) is a diversified global manufacturer that develops and sells a wide array of specialized industrial and commercial products and services across various markets worldwide. The company's operations are structured into five key segments, each focusing on distinct technological and market needs.
SXI's main products and services encompass a broad spectrum of engineered solutions. These include advanced electronic components such as reed relays, various sensors (fluid level, proximity, motion), and custom transformers and inductors for diverse frequency applications. Its engraving segment provides specialized mold texturizing, tooling for hygiene products, and even unique engineering and design services for stealth aircraft components. The company also manufactures essential temperature-controlled equipment for medical, scientific, pharmaceutical, and biotech sectors, along with precision-engineered components used in demanding industries like aviation, aerospace, defense, energy, and marine.
Furthermore, Standex offers specialty solutions such as refrigerated, heated, and dry merchandising display cases for retail environments, custom fluid pump solutions, and a range of robust hydraulic cylinders. This comprehensive portfolio enables Standex International to serve a diverse customer base across high-tech industries like healthcare, aerospace, and defense, as well as general industrial applications and the retail sector, consistently providing specialized and engineered products to meet specific market demands globally.
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Here are 1-3 brief analogies to describe Standex International (SXI):
-
Think of it as a specialized, B2B version of 3M or Honeywell, providing critical components, tooling, and equipment to a wide range of industrial and commercial markets.
-
They're like the industrial 'picks and shovels' supplier to many industries, similar to what you might find across different divisions of a large industrial conglomerate like Siemens or Eaton.
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- Reed Relays and Sensors: Electronic components including reed relays and various types of sensors for fluid level, proximity, motion, flow, and HVAC condensate.
- Transformer Technologies: Advanced planar and current sense transformer technologies, along with custom wound transformers and inductors.
- Mold Texturizing and Engraving Services: Services for mold texturizing, roll engraving, and manufacturing tools for slush molding and hygiene products.
- Stealth Aircraft Components & Services: Design services, project management, and production of low observation vents for stealth aircraft.
- Process Machinery: Machinery used across various industrial sectors.
- Temperature Controlled Equipment: Specialized equipment designed to maintain precise temperatures for medical, scientific, pharmaceutical, biotech, and industrial applications.
- Engineered Components (Net & Near Net Formed Solutions): Customized engineering solutions and components primarily for the aviation, aerospace, defense, energy, and industrial markets.
- Merchandizing Display Cases: Refrigerated, heated, and dry display cases for various retail and commercial needs.
- Fluid Pump Solutions: Custom-engineered pump solutions for diverse fluid applications.
- Hydraulic Cylinders: A range of single and double acting telescopic and piston rod hydraulic cylinders.
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David Dunbar, Chairman of the Board, President, and Chief Executive Officer
David Dunbar has served as the President and Chief Executive Officer of Standex International Corporation since January 2014 and became Chairman of the Board in October 2016. He possesses extensive leadership experience in the engineering and controls industries. Prior to joining Standex, Mr. Dunbar was president of the Valves and Controls global business unit of Pentair Ltd from 2009 to 2013, a position he was appointed to by the Flow Control business unit of Tyco International Ltd., which merged with Pentair in 2012. His career also includes senior management positions at Emerson Process Management from 1997 to 2009, where he was President of Emerson Process Management Europe, President of Machinery Health Management, and President of Emerson Climate Technologies Refrigeration. Before Emerson, he spent a decade in various managerial roles at Honeywell Process Solutions and began his career as a Member of Technical Staff at CSI. Mr. Dunbar holds both a Master's and a Bachelor's Degree in Electrical Engineering from Stanford University.
Ademir Sarcevic, Vice President, Chief Financial Officer, and Treasurer
Ademir Sarcevic joined Standex International as Vice President, Chief Financial Officer, and Treasurer in September 2019. In this role, he oversees external reporting, financial planning and analysis, treasury, tax, internal audit, information technology, and risk management. Before his tenure at Standex, Mr. Sarcevic was Senior Vice President and Chief Accounting Officer for Pentair plc from 2018 to 2019. He held various other leadership positions at Pentair plc, including Global Controller, Chief Financial Officer of Valves and Controls, and Vice President of Corporate Audit, from 2012 to 2019. Earlier in his career, he worked in finance, controllership, and audit roles at Eisai Inc. and Tyco International. Mr. Sarcevic earned a Master of International Management in Finance from the Thunderbird School of Global Management at Arizona State University and a Bachelor of Science in Finance and International Business from the University of Bridgeport.
Danielle Rangel, Vice President, Chief Accounting Officer
Danielle Rangel serves as Chief Accounting Officer for Standex International, where she is responsible for all aspects of the company's global accounting operations, financial reporting, and compliance. She was appointed to this role, effective May 2, 2025, after serving as the company's Vice President of Internal Audit and Investigations since May 2023. Her previous experience includes roles at Carlisle Fluid Technologies as Global Financial Process & Controls Director and Global Controller from August 2019 to May 2023. Ms. Rangel has also held various financial and audit positions at companies such as Bombreco, Walmart, Datacard, Pentair, and Emerson Automation Solutions. She holds a bachelor's degree in business administration.
Alan J. Glass, Vice President, Chief Legal Officer, Secretary
Alan J. Glass serves as the Vice President, Chief Legal Officer, and Secretary for Standex International Corporation.
Vineet Kshirsagar, Vice President, Chief Strategy Officer
Vineet Kshirsagar is responsible for driving Standex's long-term growth and strategic direction as Chief Strategy Officer. He leads enterprise strategy, portfolio development, and merger and acquisition initiatives to support Standex's evolution into a focused, high-performing industrial growth company. Mr. Kshirsagar joined Standex in 2015 and has held various leadership roles across strategy and operations, including General Manager positions in Asia and North America for the Electronics segment, and Vice President of Strategy & Business Development.
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The continued growth of e-commerce poses a clear emerging threat to Standex International's Specialty Solutions segment, particularly regarding its manufacturing and sales of refrigerated, heated, and dry merchandizing display cases. As retail shifts increasingly online, the demand for physical store infrastructure, including display cases, could diminish.
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Addressable Markets for Standex International (SXI) Main Products and Services
Electronics Segment
- Reed Relays: The global reed relay market was valued at approximately USD 470.9 million in 2024 and is projected to reach USD 1,549 million by 2032. Other estimates place the global market at USD 352 million in 2023, growing to USD 1,361.67 million by 2032, or USD 559.44 million in 2025, projected to reach USD 2,245.91 million by 2034. The global market for surface mount reed relays alone was over USD 526 million in 2025 and is anticipated to exceed USD 987.37 million by 2035.
- Industrial Sensors: The global industrial sensors market was valued at USD 28.18 billion in 2024 and is expected to grow to USD 51.80 billion by 2033. Other reports state the global market size as USD 28.5 billion in 2025, reaching USD 54.0 billion by 2034, or USD 27.9 billion in 2024, poised to reach USD 42.1 billion by 2029. The U.S. industrial sensors market was valued at USD 16.2 billion in 2025.
- Transformers: The global transformer market size was valued at USD 61.26 billion in 2024 and is projected to reach USD 137.72 billion by 2032. Another estimate indicates the market was USD 76.4 billion in 2024, growing to USD 101.42 billion in 2029.
- Inductors: The global inductor market size was estimated at USD 4,515.0 million in 2023 and is anticipated to reach USD 6,540.8 million by 2030. The global market for toroidal inductors and transformers was valued at US$ 602.3 million in 2021 and is expected to reach US$ 892.1 million by 2030.
Engraving Segment
- Mold Texturizing: Null
Scientific Segment
- Temperature Controlled Equipment (Medical/Pharmaceutical Cold Chain Equipment): The global medical cold chain storage equipment market was estimated at USD 3.1 billion in 2024, with a projection to grow at a CAGR of 5.5% from 2025 to 2034. Another report estimates the global market at USD 3.06 billion in 2024, projected to reach USD 5.38 billion by 2035. A broader global cold chain equipment market was valued at USD 40.34 billion in 2025 and is projected to reach USD 152.06 billion by 2034.
Engineering Technologies Segment
- Engineered Components for Aviation, Aerospace, Defense (Aerospace Parts Manufacturing and Aerospace and Defense Components): The global aerospace parts manufacturing market size was valued at USD 1,019.73 billion in 2025, projected to grow to USD 1,486.16 billion by 2034. Other estimates for aerospace parts manufacturing include USD 913.13 billion in 2023, expected to reach USD 1,233.24 billion in 2030, and USD 1.02 trillion in 2025, projected to reach USD 1.39 trillion by 2030. The global aerospace and defense components market was valued at USD 71.97 billion in 2025, growing to USD 79.25 billion in 2026, and is expected to reach USD 111.52 billion by 2030.
Specialty Solutions Segment
- Refrigerated, Heated and Dry Merchandizing Display Cases: The global refrigerated display cases market was estimated at USD 10.76 billion in 2025 and is projected to surpass USD 17.9 billion by 2034. Other sources indicate the market size as USD 37.2 billion in 2024, expected to grow to USD 66 billion by 2034, or USD 13.24 billion in 2025, projected to reach USD 23.44 billion by 2033.
- Custom Fluid Pump Solutions: The global pumps market size was estimated at USD 61,876.6 million in 2025 and is projected to reach USD 89,175.3 million by 2033. Another report states the global pumps market size as USD 58,376.3 million in 2024, projected to reach USD 97,975.3 million by 2035. Specifically, the global specialty pumps market was valued at USD 619 million in 2024 and is projected to reach USD 821 million by 2034.
- Hydraulic Cylinders: The global hydraulic cylinder market was valued at USD 15.7 billion in 2024 and is expected to grow to USD 24.7 billion by 2034. Other estimates include USD 16,967.8 million in 2025, expected to reach USD 24,726.8 million by 2033, or USD 15.6 billion in 2025, projected to reach US$22.7 billion by 2032.
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1. New Product Sales and Innovation: Standex International anticipates significant revenue growth from its pipeline of new products. The company plans to launch more than 15 new products in fiscal year 2026, with new product sales targeted to contribute approximately $85 million to fiscal year 2026 revenue.
2. Expansion into Fast-Growth Markets: Standex is strategically expanding its presence in high-growth markets, which are expected to generate over $270 million in sales in fiscal year 2026, representing a more than 45% year-on-year increase. These markets are driven by megatrends such as electrification (including electric vehicles and grid modernization), autonomous driving, sustainable infrastructure, and automation & robotics.
3. Strategic Acquisitions and Portfolio Optimization: Acquisitions are a key component of Standex's growth strategy. Recent acquisitions, such as the Amran/Narayan Group, have significantly boosted the Electronics segment and are expected to grow by over 20% in fiscal 2026. The company also utilizes proceeds from divestitures, like the sale of Federal Industries, to fund organic growth initiatives and future acquisitions, thereby optimizing its portfolio towards higher-value, faster-growing businesses.
4. Organic Growth in Core Segments: Standex forecasts mid-to-high single-digit organic growth, particularly within its Electronics and Engineering Technologies segments. The Electronics segment, which represents over half of the company's total sales, is experiencing robust demand driven by applications in grid, defense, and aerospace, fueled by ongoing electrification trends and infrastructure upgrades.
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Share Repurchases
- Standex International completed a multi-year share repurchase program totaling US$76.42 million.
- The Board of Directors authorized a new share repurchase program of up to $100 million on May 6, 2022.
- Between October 1, 2025, and December 31, 2025, the company bought back 252 shares for US$0.06 million, which completed the total repurchase of 594,344 shares (5.03%) under the May 2022 program.
Share Issuance
- Share issuances primarily occurred through the vesting of restricted stock units for compensation. For instance, a filing from February 2026 noted prior issuances of 383 shares from restricted stock vesting on September 6, 2021, and 17 shares from an ESPP purchase on September 30, 2021.
- Further examples include 15,000 common shares acquired from the issuer that vested on August 23, 2024. Other reported proposed sales of common shares by insiders also originated from vested restricted stock units in various tranches.
Outbound Investments
- In October 2024, Standex acquired Amran/Narayan Group (now Standex GRID) in a transaction valued at $467.5 million.
- The company acquired McStarlite, a provider of complex sheet metal aerospace components, for $57 million in February 2025.
- In March 2026, Standex divested its Federal Industries display merchandising business, a unit within its Specialty Solutions segment, for approximately $70 million. The proceeds are earmarked for organic growth initiatives, acquisitions, and debt reduction.
Capital Expenditures
- Capital expenditures for fiscal year 2025 were reported as $28.3 million.
- For fiscal year 2026, Standex anticipates capital expenditures to be between $33 million and $38 million.
- The primary focus of these capital expenditures is on investments in new capacity across multiple countries, including Croatia and Mexico, to support growth in fast-growth end markets like aerospace, defense, and Grid.
Peer Outperformance in Industrial Machinery & Supplies & Components
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| SXI | Standex International | 7.2% | 24.7x | -0.1% | 71.1% | 103.4% | — |
| CRS | Carpenter Technology | 6.0% | 24.4x | -11.5% | 320.5% | 796.6% | +693pp |
| GWW | W.W. Grainger | 6.0% | 31.5x | 52.1% | 94.0% | 222.3% | +119pp |
| PH | Parker Hannifin | 4.5% | 30.2x | 16.2% | 126.5% | 193.0% | +90pp |
| NPO | Enpro | 6.3% | 86.8x | 13.6% | 117.9% | 167.2% | +64pp |
| FLS | Flowserve | 3.9% | 39.0x | 13.0% | 115.4% | 149.5% | +46pp |
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Marine Transportation | 5 | 25.1% | 30.2% | 102.9% | MATX 155% · KEX 103% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 6.3% | 55.5% | 95.0% | ALSN 255% · WAB 204% · CAT 192% |
| Construction & Engineering | 29 | -21.3% | 79.9% | 94.8% | FIX 895% · STRL 799% · AGX 526% |
| Aerospace & Defense | 54 | -12.6% | 55.7% | 49.5% | ATI 849% · FTAI 756% · HWM 509% |
| Trading Companies & Distributors | 19 | 5.6% | 30.7% | 33.8% | DXPE 276% · AIT 184% · URI 177% |
| Industrial Machinery & Supplies & Components ← | 71 | 0.3% | 46.1% | 29.7% | CRS 797% · MLI 298% · SYM 249% |
| Rail Transportation | 7 | 34.9% | 53.7% | 27.8% | CSX 54% · UNP 40% · NSC 28% |
| Diversified Support Services | 33 | 14.8% | 36.8% | 21.3% | CXW 195% · OPLN 143% · CTAS 115% |
| Building Products | 34 | -6.6% | 9.3% | 10.6% | MOD 714% · GFF 345% · TT 126% |
| Cargo Ground Transportation | 16 | 27.9% | 14.6% | 4.8% | XPO 269% · R 250% · ARCB 25% |
| Industrial Conglomerates | 17 | 14.8% | -1.6% | -1.3% | CSW 103% · CSL 72% · DD 65% |
| Office Services & Supplies | 10 | 20.8% | 22.5% | -2.6% | PBI 158% · TILE 140% · HNI 40% |
| Electrical Components & Equipment | 39 | -14.2% | 56.2% | -12.1% | POWL 1360% · VRT 543% · BE 424% |
| Data Processing & Outsourced Services | 6 | -11.8% | 5.0% | -12.7% | EXLS 59% · BR 22% · G -12% |
| Research & Consulting Services | 13 | 4.9% | -15.5% | -22.6% | HURN 227% · FCN 36% · BAH 14% |
| Agricultural & Farm Machinery | 16 | 7.2% | -7.4% | -27.4% | BLBD 171% · DE 99% · TTC 15% |
| Security & Alarm Services | 9 | -51.2% | 10.7% | -28.0% | BCO 65% |
| Environmental & Facilities Services | 29 | -31.2% | 25.5% | -28.1% | GEO 163% · CLH 162% · RSG 100% |
| Passenger Airlines | 11 | 2.6% | 64.1% | -34.8% | LTM 3100% · UAL 110% · DAL 100% |
| Air Freight & Logistics | 12 | -28.8% | -7.3% | -39.1% | FDX 80% · EXPD 60% · CHRW 54% |
| Human Resource & Employment Services | 22 | 19.2% | -6.0% | -42.4% | ADP 50% · FA 22% · PAYX 13% |
| Passenger Ground Transportation | 3 | -14.1% | 42.9% | -57.4% | UBER 46% · CAR -57% · LYFT -67% |
| Airport Services | 4 | -49.1% | -62.8% | -86.2% | JOBY -47% |
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Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 227.71 |
| Mkt Cap | 19.3 |
| Rev LTM | 5,474 |
| Op Inc LTM | 977 |
| FCF LTM | 858 |
| FCF 3Y Avg | 674 |
| CFO LTM | 1,001 |
| CFO 3Y Avg | 811 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 11.3% |
| Rev Chg 3Y Avg | 6.0% |
| Rev Chg Q | 12.4% |
| QoQ Delta Rev Chg LTM | 3.0% |
| Op Inc Chg LTM | 16.5% |
| Op Inc Chg 3Y Avg | 10.2% |
| Op Mgn LTM | 17.8% |
| Op Mgn 3Y Avg | 16.9% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 18.0% |
| CFO/Rev 3Y Avg | 16.7% |
| FCF/Rev LTM | 15.5% |
| FCF/Rev 3Y Avg | 13.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 19.3 |
| P/S | 3.7 |
| P/Op Inc | 18.5 |
| P/EBIT | 20.5 |
| P/E | 28.3 |
| P/CFO | 24.7 |
| Total Yield | 4.2% |
| Dividend Yield | 0.7% |
| FCF Yield 3Y Avg | 3.8% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -8.7% |
| 3M Rtn | -10.3% |
| 6M Rtn | -6.3% |
| 12M Rtn | 13.6% |
| 3Y Rtn | 58.1% |
| 1M Excs Rtn | -5.1% |
| 3M Excs Rtn | -10.1% |
| 6M Excs Rtn | -11.1% |
| 12M Excs Rtn | 0.5% |
| 3Y Excs Rtn | -20.2% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Electronics | 475 | 400 | 322 | 306 | 304 |
| Engraving & Hydraulics | 182 | 179 | 206 | ||
| Aerospace & Defense | 135 | 103 | 83 | 81 | 78 |
| Scientific | 76 | 72 | 69 | 75 | 84 |
| Other | 23 | 36 | 40 | ||
| Engraving | 152 | 146 | |||
| Specialty Solutions | 127 | 123 | |||
| Corporate & Other | 0 | ||||
| Total | 892 | 790 | 721 | 741 | 735 |
| $ Mil | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Electronics | 121 | 88 | 64 | 69 | 70 |
| Gain on sale of business | 57 | 0 | 62 | 0 | |
| Engraving & Hydraulics | 27 | 25 | 37 | ||
| Aerospace & Defense | 22 | 15 | 15 | 11 | 9 |
| Scientific | 18 | 17 | 19 | 17 | 18 |
| Other | 4 | 7 | 9 | ||
| Deal related costs | -4 | -21 | -3 | ||
| Restructuring costs | -12 | -7 | -8 | -4 | -4 |
| Corporate | -40 | -31 | -32 | -35 | -34 |
| Other operating expense | -0 | 1 | -6 | ||
| Acquisition related costs | -1 | -2 | |||
| Engraving | 25 | 22 | |||
| Specialty Solutions | 25 | 16 | |||
| Total | 194 | 94 | 102 | 171 | 88 |
| $ Mil | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Electronics | 914 | 945 | 435 | 384 | 379 |
| Engraving & Hydraulics | 339 | 264 | |||
| Aerospace & Defense | 207 | 220 | 129 | 120 | 119 |
| Scientific | 109 | 108 | 105 | 105 | 114 |
| Corporate | 17 | 16 | |||
| Other | 0 | 14 | |||
| Corporate & Other | 32 | 105 | 9 | ||
| Engraving | 262 | 263 | 256 | ||
| Specialty Solutions | 41 | 48 | 58 | ||
| Total | 1,586 | 1,567 | 1,005 | 1,025 | 934 |
Price Behavior
| Market Price | $232.32 | |
| Market Cap ($ Bil) | 2.8 | |
| First Trading Date | 12/30/1987 | |
| Distance from 52W High | -35.0% | |
| 50 Days | 200 Days | |
| DMA Price | $269.02 | $277.24 |
| DMA Trend | down | up |
| Distance from DMA | -13.6% | -16.2% |
| 3M | 1YR | |
| Volatility | 38.3% | 40.5% |
| Downside Capture | 217.06 | 162.85 |
| Upside Capture | 41.98 | 150.53 |
| Correlation (S&P 500) | 29.2% | 52.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.44 | 1.45 | 1.63 | 1.85 | 1.71 | 1.28 |
| Up Beta | 0.74 | -0.38 | 1.61 | 2.04 | 2.02 | 1.30 |
| Down Beta | 2.17 | 2.79 | 2.54 | 1.75 | 1.45 | 1.16 |
| Up Capture | 187% | 75% | 88% | 199% | 212% | 215% |
| Bmk +ve Days | 12 | 18 | 28 | 62 | 130 | 427 |
| Stock +ve Days | 12 | 20 | 30 | 64 | 129 | 386 |
| Down Capture | 302% | 189% | 194% | 170% | 142% | 108% |
| Bmk -ve Days | 10 | 25 | 36 | 64 | 121 | 325 |
| Stock -ve Days | 10 | 23 | 34 | 62 | 122 | 365 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SXI | |
|---|---|---|---|---|
| SXI | 2.0% | 40.5% | 0.14 | - |
| Sector ETF (XLI) | 7.4% | 17.8% | 0.24 | 65.9% |
| Equity (SPY) | 9.5% | 13.6% | 0.41 | 55.3% |
| Gold (GLD) | 3.6% | 28.7% | 0.11 | 22.4% |
| Commodities (DBC) | 37.7% | 21.2% | 1.40 | -17.1% |
| Real Estate (VNQ) | 12.0% | 14.2% | 0.55 | 18.2% |
| Bitcoin (BTCUSD) | -20.8% | 43.3% | -0.42 | 18.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SXI | |
|---|---|---|---|---|
| SXI | 17.1% | 33.1% | 0.52 | - |
| Sector ETF (XLI) | 10.8% | 17.7% | 0.45 | 64.6% |
| Equity (SPY) | 11.3% | 17.3% | 0.48 | 55.4% |
| Gold (GLD) | 17.5% | 19.1% | 0.74 | 15.3% |
| Commodities (DBC) | 8.0% | 19.6% | 0.29 | 6.7% |
| Real Estate (VNQ) | 1.2% | 18.9% | -0.05 | 41.7% |
| Bitcoin (BTCUSD) | 5.9% | 51.5% | 0.29 | 24.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SXI | |
|---|---|---|---|---|
| SXI | 11.6% | 36.0% | 0.40 | - |
| Sector ETF (XLI) | 12.9% | 20.1% | 0.56 | 65.3% |
| Equity (SPY) | 14.9% | 18.0% | 0.70 | 56.8% |
| Gold (GLD) | 12.0% | 16.5% | 0.59 | 8.5% |
| Commodities (DBC) | 7.6% | 18.1% | 0.33 | 18.4% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.23 | 45.8% |
| Bitcoin (BTCUSD) | 61.3% | 66.2% | 1.01 | 16.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 11/4/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/30/2026 | 4.1% | ||
| 7/31/2026 | 3.2% | 17.5% | 4.0% |
| 5/5/2026 | 3.6% | -1.7% | 14.8% |
| 2/4/2026 | -0.9% | 8.5% | 3.8% |
| 10/31/2025 | 0.6% | 1.8% | 3.5% |
| 8/5/2025 | -0.1% | 1.7% | 6.4% |
| 5/2/2025 | -0.5% | -3.1% | -5.0% |
| 1/31/2025 | 2.9% | 5.2% | -1.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 15 | 16 | 14 |
| # Negative | 8 | 6 | 8 |
| Median Positive | 2.4% | 4.7% | 3.9% |
| Median Negative | -1.3% | -2.4% | -4.5% |
| Max Positive | 4.1% | 17.5% | 21.5% |
| Max Negative | -3.7% | -5.5% | -10.0% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/30/2026 | 4.1% | ||
| 7/31/2026 | 3.2% | 17.5% | 4.0% |
| 5/5/2026 | 3.6% | -1.7% | 14.8% |
| 2/4/2026 | -0.9% | 8.5% | 3.8% |
| 10/31/2025 | 0.6% | 1.8% | 3.5% |
| 8/5/2025 | -0.1% | 1.7% | 6.4% |
| 5/2/2025 | -0.5% | -3.1% | -5.0% |
| 1/31/2025 | 2.9% | 5.2% | -1.4% |
| 10/29/2024 | 1.4% | 1.6% | 16.9% |
| 8/2/2024 | -3.7% | -5.5% | -3.9% |
| 5/3/2024 | -3.4% | 2.2% | -7.1% |
| 2/5/2024 | 0.8% | 8.1% | 20.3% |
| 11/6/2023 | -1.6% | -1.7% | 0.1% |
| 8/4/2023 | 2.6% | 5.7% | -3.2% |
| 2/6/2023 | 2.4% | 0.4% | 0.6% |
| 11/7/2022 | -0.9% | 4.1% | 2.3% |
| 8/9/2022 | 1.1% | 6.4% | -8.2% |
| 5/9/2022 | 1.6% | -4.3% | 0.4% |
| 2/7/2022 | 3.3% | 3.8% | 3.9% |
| 11/8/2021 | 0.2% | -1.5% | -10.0% |
| 8/16/2021 | 3.2% | 6.0% | 0.6% |
| 5/10/2021 | -1.7% | 1.0% | -1.1% |
| 2/5/2021 | 0.8% | 5.6% | 21.5% |
| SUMMARY STATS | |||
| # Positive | 15 | 16 | 14 |
| # Negative | 8 | 6 | 8 |
| Median Positive | 2.4% | 4.7% | 3.9% |
| Median Negative | -1.3% | -2.4% | -4.5% |
| Max Positive | 4.1% | 17.5% | 21.5% |
| Max Negative | -3.7% | -5.5% | -10.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2026 | 10/30/2026 | 10-Q |
| 06/30/2026 | 08/14/2026 | 10-K |
| 03/31/2026 | 05/06/2026 | 10-Q |
| 12/31/2025 | 02/02/2026 | 10-Q |
| 09/30/2025 | 10/31/2025 | 10-Q |
| 06/30/2025 | 08/04/2025 | 10-K |
| 03/31/2025 | 05/02/2025 | 10-Q |
| 12/31/2024 | 01/31/2025 | 10-Q |
| 09/30/2024 | 11/01/2024 | 10-Q |
| 06/30/2024 | 08/02/2024 | 10-K |
| 03/31/2024 | 05/03/2024 | 10-Q |
| 12/31/2023 | 02/02/2024 | 10-Q |
| 09/30/2023 | 11/03/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-K |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 02/03/2023 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2026 | 10/30/2026 | 10-Q |
| 06/30/2026 | 08/14/2026 | 10-K |
| 03/31/2026 | 05/06/2026 | 10-Q |
| 12/31/2025 | 02/02/2026 | 10-Q |
| 09/30/2025 | 10/31/2025 | 10-Q |
| 06/30/2025 | 08/04/2025 | 10-K |
| 03/31/2025 | 05/02/2025 | 10-Q |
| 12/31/2024 | 01/31/2025 | 10-Q |
| 09/30/2024 | 11/01/2024 | 10-Q |
| 06/30/2024 | 08/02/2024 | 10-K |
| 03/31/2024 | 05/03/2024 | 10-Q |
| 12/31/2023 | 02/02/2024 | 10-Q |
| 09/30/2023 | 11/03/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-K |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 02/03/2023 | 10-Q |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/05/2022 | 10-K |
| 03/31/2022 | 05/06/2022 | 10-Q |
| 12/31/2021 | 02/04/2022 | 10-Q |
| 09/30/2021 | 11/05/2021 | 10-Q |
| 06/30/2021 | 08/13/2021 | 10-K |
| 03/31/2021 | 05/07/2021 | 10-Q |
| 12/31/2020 | 02/05/2021 | 10-Q |
| 09/30/2020 | 10/30/2020 | 10-Q |
| 06/30/2020 | 08/25/2020 | 10-K |
| 03/31/2020 | 05/08/2020 | 10-Q |
| 12/31/2019 | 02/04/2020 | 10-Q |
Recent Forward Guidance
Updated 11/2/2026Latest: Q1 2027 Earnings Reported 10/30/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2027 Dividends per Share | Reported | 0.36 | ||||||
| Q2 2027 Interest Expense | Reported | 7.00 Mil | 7.25 Mil | 7.50 Mil | 3.6% | Higher New | Guidance: 7.00 Mil for Q1 2027 | |
| 2027 New Product Incremental Growth Contribution | Reported | 3.0% | 3.0% | |||||
| 2027 Organic Sales | Reported | |||||||
| 2027 Fast Growth Markets Sales | Reported | 3.15E10% | 3.15E10% | 1.6% | Raised | Guidance: 3.1E10% for 2027 | ||
| 2027 Fast Growth Markets Sales Growth | Reported | 20.0% | 20.0% | |||||
| 2027 Capital Expenditures | Reported | 45.00 Mil | 50.00 Mil | 55.00 Mil | 0.0% | Affirmed | Guidance: 50.00 Mil for 2027 | |
Prior: Q4 2026 Earnings Reported 7/31/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2027 Interest Expense | Reported | 7.00 Mil | 1.4% | Higher New | Guidance: 6.90 Mil for Q4 2026 | |||
| 2027 Fast Growth Market Sales | Reported | 3.1E10% | 14.8% | Higher New | Guidance: 2.7E10% for 2026 | |||
| 2027 Capital Expenditures | Reported | 45.00 Mil | 50.00 Mil | 55.00 Mil | 75.4% | Higher New | Guidance: 28.50 Mil for 2026 | |
Q3 2026 Earnings Reported 5/5/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Incremental Growth from New Products | Reported | 3.0% | 0 | Affirmed | Guidance: 3.0% for 2026 | |||
| 2026 Incremental Sales | Reported | 100.00 Mil | -9.1% | Lowered | Guidance: 110.00 Mil for 2026 | |||
| 2026 Fast Growth Market Sales | Reported | 2.7E10% | 0 | Affirmed | Guidance: 2.7E10% for 2026 | |||
| 2026 Fast Growth Market Sales Growth | Reported | 45.0% | 0 | Affirmed | Guidance: 45.0% for 2026 | |||
| 2026 Capital Expenditures | Reported | 27.00 Mil | 28.50 Mil | 30.00 Mil | -19.7% | Lowered | Guidance: 35.50 Mil for 2026 | |
| Q4 2026 Interest Expense | Reported | 6.80 Mil | 6.90 Mil | 7.00 Mil | -4.8% | Lower New | Guidance: 7.25 Mil for Q3 2026 | |
Q2 2026 Earnings Reported 2/4/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q3 2026 Interest Expense | Reported | 7.00 Mil | 7.25 Mil | 7.50 Mil | ||||
| 2026 New Product Growth Contribution | Reported | 3.0% | ||||||
| 2026 Revenue Growth | Reported | 1.1E10% | Affirmed | Guidance: 1.1E10% for 2026 | ||||
| 2026 Fast Growth Market Sales | Reported | 2.7E10% | 0 | Affirmed | Guidance: 2.7E10% for 2026 | |||
| 2026 Fast Growth Market Sales Growth | Reported | 45.0% | ||||||
| 2026 Capital Expenditures | Reported | 33.00 Mil | 35.50 Mil | 38.00 Mil | 0 | Affirmed | Guidance: 35.50 Mil for 2026 | |
Insider Activity
Updated 11/5/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Cannon, Charles H JR | Direct | Sell | 11052026 | 259.03 | 908 | 235,199 | 515,211 | Form | |
| 2 | Chorman, Thomas E | Direct | Sell | 11032026 | 250.00 | 50 | 12,500 | 3,208,250 | Form | |
| 3 | Chorman, Thomas E | Direct | Sell | 10022026 | 271.39 | 50 | 13,570 | 3,328,870 | Form | |
| 4 | Arets, Max | VP; Chief Information Officer | Direct | Buy | 9092026 | 273.96 | 45 | 12,328 | 449,470 | Form |
| 5 | Chorman, Thomas E | Direct | Sell | 9032026 | 284.89 | 50 | 14,244 | 3,508,705 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Cannon, Charles H JR | Direct | Sell | 11052026 | 259.03 | 908 | 235,199 | 515,211 | Form | |
| 2 | Chorman, Thomas E | Direct | Sell | 11032026 | 250.00 | 50 | 12,500 | 3,208,250 | Form | |
| 3 | Chorman, Thomas E | Direct | Sell | 10022026 | 271.39 | 50 | 13,570 | 3,328,870 | Form | |
| 4 | Arets, Max | VP; Chief Information Officer | Direct | Buy | 9092026 | 273.96 | 45 | 12,328 | 449,470 | Form |
| 5 | Chorman, Thomas E | Direct | Sell | 9032026 | 284.89 | 50 | 14,244 | 3,508,705 | Form | |
| 6 | Dunbar, David A | President/CEO/Chairman | Trustee of Trust | Sell | 9012026 | 290.82 | 13,000 | 3,780,607 | 22,094,159 | Form |
| 7 | Glass, Alan J | Vice President | Direct | Sell | 8262026 | 303.19 | 1,391 | 421,730 | 6,889,256 | Form |
| 8 | Sarcevic, Ademir | Vice President/CFO/Treasurer | Direct | Sell | 8262026 | 306.13 | 2,300 | 704,090 | 2,291,659 | Form |
| 9 | Chorman, Thomas E | Direct | Sell | 8042026 | 305.56 | 50 | 15,278 | 3,778,555 | Form | |
| 10 | Chorman, Thomas E | Direct | Sell | 7022026 | 355.51 | 50 | 17,776 | 4,414,012 | Form | |
| 11 | Chorman, Thomas E | Direct | Sell | 6032026 | 272.82 | 50 | 13,641 | 3,400,974 | Form | |
| 12 | Edwards, Barbara Joanne | Direct | Sell | 5282026 | 274.81 | 558 | 153,344 | 1,557,898 | Form | |
| 13 | Chorman, Thomas E | Direct | Sell | 5042026 | 268.43 | 50 | 13,422 | 3,359,670 | Form | |
| 14 | Chorman, Thomas E | Direct | Sell | 4032026 | 257.94 | 50 | 12,897 | 3,241,274 | Form | |
| 15 | Chorman, Thomas E | Direct | Sell | 3022026 | 260.00 | 513 | 133,380 | 3,293,160 | Form | |
| 16 | Kshirsagar, Vineet | Chief Strategy Officer | Direct | Sell | 2202026 | 260.10 | 400 | 104,040 | 1,208,685 | Form |
| 17 | Cannon, Charles H JR | Trustee of Trust | Sell | 2202026 | 256.64 | 2,000 | 513,280 | 3,348,125 | Form | |
| 18 | Dunbar, David A | President/CEO/Chairman | Trustee of Trust | Sell | 2182026 | 255.94 | 15,000 | 3,839,150 | 22,772,046 | Form |
| 19 | Nemeth, Andy L | Direct | Buy | 2042026 | 245.00 | 2,000 | 490,000 | 2,116,555 | Form | |
| 20 | Chorman, Thomas E | Direct | Sell | 11242025 | 223.31 | 1,000 | 223,310 | 2,954,168 | Form | |
| 21 | Kshirsagar, Vineet | Chief Strategy Officer | Direct | Sell | 11062025 | 233.37 | 650 | 151,690 | 1,177,818 | Form |
| 22 | Sarcevic, Ademir | Vice President/CFO/Treasurer | Direct | Sell | 11052025 | 230.12 | 1,823 | 419,509 | 2,149,551 | Form |
Investor Activity (13F)
Updated Nov 6, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager |
|---|
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Industrial Machinery & Supplies & Components Resources |
| Machine Design |
| Modern Machine Shop |
| Industrial Equipment News (IEN) |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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