Zacks Research Has Negative Estimate for IDEX Q2 Earnings

IDEX Corporation (NYSE:IEX) – Research analysts at Zacks Research cut their Q2 2026 EPS estimates for shares of IDEX in a note issued to investors on Friday, October 24th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $2.22 per share for the quarter, down from their previous forecast of $2.23. The consensus estimate for IDEX’s current full-year earnings is $8.26 per share. Zacks Research also issued estimates for IDEX’s FY2026 earnings at $8.43 EPS, Q2 2027 earnings at $2.50 EPS and FY2027 earnings at $9.48 EPS.

IDEX (NYSE:IEX) last issued its earnings results on Friday, December 16th. The industrial products company reported $1.79 earnings per share for the quarter. IDEX had a return on equity of 15.16% and a net margin of 14.05%.The business had revenue of $712.00 million for the quarter.

Other analysts also recently issued research reports about the stock. Stifel Nicolaus dropped their target price on shares of IDEX from $204.00 to $191.00 and set a “buy” rating for the company in a research report on Monday, October 20th. DA Davidson set a $180.00 price objective on shares of IDEX and gave the stock a “neutral” rating in a research report on Monday, August 4th. Royal Bank Of Canada cut their target price on shares of IDEX from $207.00 to $200.00 and set an “outperform” rating on the stock in a research note on Thursday, July 31st. Citigroup lifted their target price on shares of IDEX from $208.00 to $216.00 and gave the company a “buy” rating in a report on Monday, July 14th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of IDEX in a report on Wednesday, October 8th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, IDEX currently has a consensus rating of “Moderate Buy” and a consensus target price of $199.57.

IDEX Stock Performance

Shares of NYSE:IEX opened at $167.74 on Monday. The business has a 50-day moving average of $163.98 and a two-hundred day moving average of $172.16. The firm has a market capitalization of $12.63 billion, a PE ratio of 27.10, a P/E/G ratio of 1.77 and a beta of 1.04. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.05 and a quick ratio of 2.13. IDEX has a 12 month low of $153.36 and a 12 month high of $238.22.

IDEX declared that its board has approved a stock buyback plan on Thursday, September 18th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the industrial products company to repurchase up to 8.3% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its stock is undervalued.

IDEX Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 24th. Stockholders of record on Friday, October 10th were given a dividend of $0.71 per share. The ex-dividend date of this dividend was Friday, October 10th. This represents a $2.84 annualized dividend and a dividend yield of 1.7%. IDEX’s dividend payout ratio (DPR) is presently 45.88%.

Institutional Trading of IDEX

Several hedge funds and other institutional investors have recently bought and sold shares of IEX. Wellington Management Group LLP grew its position in shares of IDEX by 19.7% in the 1st quarter. Wellington Management Group LLP now owns 5,050,601 shares of the industrial products company’s stock worth $914,007,000 after acquiring an additional 831,005 shares in the last quarter. State Street Corp raised its position in shares of IDEX by 0.5% during the 2nd quarter. State Street Corp now owns 3,099,752 shares of the industrial products company’s stock valued at $544,223,000 after acquiring an additional 16,913 shares in the last quarter. Nordea Investment Management AB lifted its stake in IDEX by 193.6% during the third quarter. Nordea Investment Management AB now owns 2,364,312 shares of the industrial products company’s stock worth $382,049,000 after purchasing an additional 1,559,124 shares during the last quarter. Impax Asset Management Group plc boosted its holdings in IDEX by 11.5% in the first quarter. Impax Asset Management Group plc now owns 2,006,724 shares of the industrial products company’s stock worth $363,157,000 after purchasing an additional 207,172 shares during the period. Finally, Geode Capital Management LLC increased its stake in IDEX by 1.5% during the second quarter. Geode Capital Management LLC now owns 2,000,861 shares of the industrial products company’s stock valued at $349,869,000 after purchasing an additional 29,353 shares during the last quarter. 97.96% of the stock is owned by institutional investors.

About IDEX

IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries.