IDEX Corporation $IEX Shares Purchased by Balyasny Asset Management L.P.

Posted by Francis Steltz on Jun 18th, 2026

Balyasny Asset Management L.P. boosted its holdings in IDEX Corporation (NYSE:IEX – Free Report) by 35,817.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 720,142 shares of the industrial products company’s stock after acquiring an additional 718,137 shares during the period. Balyasny Asset Management L.P.’s holdings in IDEX were worth $128,142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in IEX. Empowered Funds LLC boosted its holdings in IDEX by 3.4% in the first quarter. Empowered Funds LLC now owns 1,646 shares of the industrial products company’s stock worth $298,000 after purchasing an additional 54 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in IDEX by 41.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,043 shares of the industrial products company’s stock worth $183,000 after purchasing an additional 304 shares during the period. Cresset Asset Management LLC acquired a new position in IDEX in the second quarter worth $219,000. Cerity Partners LLC boosted its holdings in IDEX by 23.9% in the second quarter. Cerity Partners LLC now owns 18,658 shares of the industrial products company’s stock worth $3,276,000 after purchasing an additional 3,604 shares during the period. Finally, Daiwa Securities Group Inc. boosted its holdings in IDEX by 4.0% in the second quarter. Daiwa Securities Group Inc. now owns 13,513 shares of the industrial products company’s stock worth $2,373,000 after purchasing an additional 518 shares during the period. Institutional investors and hedge funds own 97.96% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on IEX shares. Weiss Ratings reissued a “hold (c)” rating on shares of IDEX in a report on Monday, April 20th. TD Cowen raised their price target on IDEX from $250.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Oppenheimer reissued an “outperform” rating and issued a $250.00 price target (up from $242.00) on shares of IDEX in a report on Tuesday, June 2nd. Robert W. Baird set a $257.00 price target on IDEX in a report on Thursday, April 30th. Finally, BMO Capital Markets started coverage on IDEX in a report on Friday, March 27th. They issued a “market perform” rating and a $214.00 price target on the stock. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $241.11.

View Our Latest Analysis on IEX

IDEX Price Performance

Shares of NYSE:IEX opened at $223.26 on Thursday. The firm’s 50 day moving average is $210.43 and its two-hundred day moving average is $198.45. IDEX Corporation has a 52 week low of $157.25 and a 52 week high of $227.47. The firm has a market capitalization of $16.52 billion, a P/E ratio of 33.03, a PEG ratio of 2.20 and a beta of 1.00. The company has a current ratio of 3.39, a quick ratio of 2.40 and a debt-to-equity ratio of 0.46.

IDEX (NYSE:IEX – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.78 by $0.22. IDEX had a net margin of 14.38% and a return on equity of 15.29%. The company had revenue of $886.90 million for the quarter, compared to analyst estimates of $845.58 million. During the same quarter last year, the business earned $1.75 earnings per share. IDEX’s revenue was up 8.9% compared to the same quarter last year. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. Analysts anticipate that IDEX Corporation will post 8.49 earnings per share for the current year.

IDEX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Monday, July 6th will be given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Monday, July 6th. IDEX’s dividend payout ratio is currently 43.20%.

Insider Transactions at IDEX

In related news, CEO Eric D. Ashleman sold 15,385 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $215.22, for a total value of $3,311,159.70. Following the completion of the transaction, the chief executive officer owned 66,658 shares in the company, valued at $14,346,134.76. This represents a 18.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.50% of the stock is owned by corporate insiders.

IDEX Company Profile

(Free Report)

IDEX Corporation is a diversified industrial manufacturer specializing in the design, production and distribution of highly engineered fluidics systems, measurement technologies and safety solutions. The company’s core offerings include positive-displacement pumps, flow meters, valves, sampling systems and analytical instruments that serve a wide range of end markets such as water treatment, chemical processing, energy, food and beverage, and life sciences. Through its focus on precision engineering and proprietary material science, IDEX delivers products designed for reliability in demanding applications.

Operations at IDEX are organized into three principal segments.