Shares of IDEX Corporation (NYSE:IEX – Get Free Report) have received a consensus rating of “Moderate Buy” from the nine analysts that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $244.00.
IEX has been the subject of several analyst reports. Citigroup boosted their target price on IDEX from $243.00 to $252.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. BMO Capital Markets started coverage on shares of IDEX in a research report on Friday, March 27th. They issued a “market perform” rating and a $214.00 price target on the stock. Royal Bank Of Canada lifted their price objective on shares of IDEX from $252.00 to $261.00 and gave the stock an “outperform” rating in a research note on Thursday, July 16th. Seaport Research Partners reaffirmed a “buy” rating and issued a $250.00 target price on shares of IDEX in a research note on Tuesday, May 5th. Finally, Weiss Ratings upgraded shares of IDEX from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th.
Check Out Our Latest Research Report on IEX
IDEX Stock Performance
IDEX (NYSE:IEX – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.22. The business had revenue of $886.90 million during the quarter, compared to analysts’ expectations of $845.58 million. IDEX had a return on equity of 15.29% and a net margin of 14.38%.The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. Equities research analysts forecast that IDEX will post 8.48 EPS for the current year.
IDEX Announces Dividend
The company also recently disclosed 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. The ex-dividend date is Monday, July 6th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. IDEX’s dividend payout ratio is currently 43.20%.
Insider Activity at IDEX
In related news, CEO Eric D. Ashleman sold 15,385 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $215.22, for a total transaction of $3,311,159.70. Following the sale, the chief executive officer owned 66,658 shares of the company’s stock, valued at approximately $14,346,134.76. This trade represents a 18.75% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.50% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On IDEX
Several large investors have recently modified their holdings of the business. Optiver Holding B.V. acquired a new stake in shares of IDEX during the first quarter worth about $27,000. SJS Investment Consulting Inc. lifted its holdings in shares of IDEX by 104.1% during the 1st quarter. SJS Investment Consulting Inc. now owns 149 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 76 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new position in shares of IDEX in the 4th quarter valued at approximately $27,000. CYBER HORNET ETFs LLC bought a new stake in IDEX during the 2nd quarter worth approximately $35,000. Finally, Cromwell Holdings LLC increased its stake in IDEX by 41.1% during the 4th quarter. Cromwell Holdings LLC now owns 199 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 58 shares in the last quarter. 97.96% of the stock is currently owned by institutional investors.
About IDEX
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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