Findlay Park Partners LLP Invests $72.92 Million in IDEX Corporation $IEX

Findlay Park Partners LLP acquired a new stake in shares of IDEX Corporation (NYSE:IEX – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 321,299 shares of the industrial products company’s stock, valued at approximately $72,919,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IEX. Laurel Wealth Advisors LLC acquired a new stake in IDEX during the fourth quarter worth $27,000. Optiver Holding B.V. acquired a new position in shares of IDEX in the 1st quarter valued at $27,000. SJS Investment Consulting Inc. raised its stake in shares of IDEX by 104.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 149 shares of the industrial products company’s stock valued at $28,000 after buying an additional 76 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of IDEX during the 2nd quarter worth about $35,000. Finally, Root Financial Partners LLC lifted its holdings in shares of IDEX by 57.6% during the 1st quarter. Root Financial Partners LLC now owns 208 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 76 shares during the period. 97.96% of the stock is owned by institutional investors.

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More IDEX News

Here are the key news stories impacting IDEX this week:

• Positive Sentiment: Analysts raised several forward earnings forecasts. Zacks Research lifted its FY2026 EPS estimate to $8.70 from $8.46, Q3 2026 to $2.20 from $2.17, Q1 2027 to $2.11 from $2.09, FY2027 to $9.21 from $9.20, and FY2028 to $10.45 from $10.27. The upgrades suggest expectations for improving earnings momentum beyond the current year. IDEX analyst estimates
• Positive Sentiment: Longer-term earnings growth remains a key support. The FY2028 forecast implies continued expansion from the approximately $8.70 expected for FY2026, while the company’s latest reported quarter exceeded consensus estimates for both revenue and EPS. IDEX financial information
• Neutral Sentiment: Board changes may increase investor focus on governance and valuation. IDEX announced a board resignation and a governance adjustment. The development does not provide a clear operating-impact signal, but investors may scrutinize leadership, capital allocation, and whether the company’s premium valuation is justified. IDEX board resignation and governance adjustment
• Negative Sentiment: Some estimates were reduced. Zacks cut its Q2 2027 EPS forecast to $2.33 from $2.43 and its Q2 2028 forecast to $2.43 from $2.54. These isolated reductions temper the broader upgrade story and could limit upside if investors view them as signs of uneven demand or execution. IDEX revised earnings estimates

Analyst Ratings Changes

A number of analysts recently weighed in on IEX shares. Mizuho raised shares of IDEX from a “neutral” rating to an “outperform” rating and upped their target price for the company from $210.00 to $280.00 in a research note on Tuesday, August 11th. TD Cowen raised their price target on shares of IDEX from $260.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Citigroup lifted their price objective on IDEX from $252.00 to $269.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Robert W. Baird set a $257.00 price objective on IDEX in a research note on Thursday, April 30th. Finally, Argus increased their price objective on IDEX from $250.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $260.80.

View Our Latest Stock Analysis on IDEX

Insider Activity at IDEX

In related news, CAO Lisa M. Anderson sold 385 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $238.59, for a total transaction of $91,857.15. Following the completion of the sale, the chief accounting officer directly owned 4,327 shares of the company’s stock, valued at $1,032,378.93. The trade was a 8.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.50% of the stock is currently owned by corporate insiders.

IDEX Stock Up 0.4%

Shares of NYSE:IEX opened at $234.57 on Friday. IDEX Corporation has a 12 month low of $158.19 and a 12 month high of $243.80. The company has a quick ratio of 2.15, a current ratio of 3.05 and a debt-to-equity ratio of 0.46. The company’s 50-day moving average price is $227.88 and its two-hundred day moving average price is $212.87. The firm has a market cap of $17.29 billion, a P/E ratio of 33.75, a P/E/G ratio of 2.21 and a beta of 0.98.

IDEX (NYSE:IEX – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $2.32 earnings per share for the quarter, topping the consensus estimate of $2.11 by $0.21. The firm had revenue of $920.60 million during the quarter, compared to analysts’ expectations of $905.38 million. IDEX had a net margin of 14.49% and a return on equity of 15.69%. IDEX’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.07 EPS. IDEX has set its FY 2026 guidance at 8.700-8.850 EPS and its Q3 2026 guidance at 2.200-2.250 EPS. As a group, research analysts forecast that IDEX Corporation will post 8.82 EPS for the current fiscal year.

IDEX Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 6th were given a dividend of $0.73 per share. The ex-dividend date was Monday, July 6th. This represents a $2.92 annualized dividend and a dividend yield of 1.2%. IDEX’s payout ratio is currently 42.01%.

IDEX 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.

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