IDEX Corporation $IEX is Mountain Pacific Investment Advisers LLC’s 4th Largest Position

Posted by Geri Gentry on Jun 22nd, 2026

Mountain Pacific Investment Advisers LLC trimmed its stake in shares of IDEX Corporation (NYSE:IEX – Free Report) by 2.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,999 shares of the industrial products company’s stock after selling 2,376 shares during the quarter. IDEX accounts for 3.8% of Mountain Pacific Investment Advisers LLC’s holdings, making the stock its 4th largest holding. Mountain Pacific Investment Advisers LLC owned about 0.16% of IDEX worth $22,367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. GoalVest Advisory LLC purchased a new position in shares of IDEX in the 4th quarter valued at about $26,000. Laurel Wealth Advisors LLC purchased a new stake in shares of IDEX during the fourth quarter worth approximately $27,000. CYBER HORNET ETFs LLC acquired a new stake in IDEX in the second quarter valued at approximately $35,000. Cromwell Holdings LLC raised its holdings in IDEX by 41.1% in the fourth quarter. Cromwell Holdings LLC now owns 199 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 58 shares in the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in IDEX in the second quarter worth approximately $39,000. Hedge funds and other institutional investors own 97.96% of the company’s stock.

IDEX Stock Performance

Shares of IEX opened at $225.85 on Monday. The stock has a 50 day moving average price of $211.67 and a 200 day moving average price of $199.18. The company has a quick ratio of 2.40, a current ratio of 3.39 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $16.72 billion, a price-to-earnings ratio of 33.41, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. IDEX Corporation has a 52-week low of $157.25 and a 52-week high of $228.26.

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. The company had revenue of $886.90 million for the quarter, compared to analyst estimates of $845.58 million. IDEX had a net margin of 14.38% and a return on equity of 15.29%. The firm’s revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.75 earnings per share. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. Research analysts predict that IDEX Corporation will post 8.49 EPS for the current fiscal 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 dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, July 6th. IDEX’s dividend payout ratio (DPR) is 43.20%.

Insider Buying and Selling

In related news, CEO Eric D. Ashleman sold 15,385 shares of the business’s stock in a transaction on 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 sale, the chief executive officer directly owned 66,658 shares of the company’s stock, valued at $14,346,134.76. The trade was a 18.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have commented on IEX shares. BMO Capital Markets initiated coverage on shares of IDEX in a report on Friday, March 27th. They set a “market perform” rating and a $214.00 price target for the company. Weiss Ratings restated a “hold (c)” rating on shares of IDEX in a report on Monday, April 20th. Royal Bank Of Canada lifted their price objective on shares of IDEX from $225.00 to $252.00 and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Robert W. Baird set a $257.00 target price on shares of IDEX in a research note on Thursday, April 30th. Finally, Oppenheimer reissued an “outperform” rating and issued a $250.00 target price (up from $242.00) on shares of IDEX in a report on Tuesday, June 2nd. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $241.11.

Check Out Our Latest Report on IDEX

About IDEX

(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.