8,475 Shares in IDEX Corporation $IEX Acquired by Kestra Investment Management LLC

Posted by Brenda Bartman on Nov 11th, 2026

Kestra Investment Management LLC acquired a new stake in IDEX Corporation (NYSE:IEX – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 8,475 shares of the industrial products company’s stock, valued at approximately $1,932,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Soltis Investment Advisors LLC purchased a new stake in IDEX during the 3rd quarter valued at $1,705,000. Freestone Grove Partners LP bought a new stake in IDEX in the 2nd quarter worth $102,523,000. Envestnet Portfolio Solutions Inc. bought a new stake in IDEX in the 2nd quarter worth $1,344,000. Hsbc Holdings PLC increased its position in shares of IDEX by 35.6% in the second quarter. Hsbc Holdings PLC now owns 403,063 shares of the industrial products company’s stock valued at $91,474,000 after acquiring an additional 105,902 shares during the period. Finally, Korea Investment CORP purchased a new position in shares of IDEX in the second quarter valued at about $7,563,000. Hedge funds and other institutional investors own 97.96% of the company’s stock.

IDEX Stock Up 0.5%

NYSE:IEX opened at $237.06 on Wednesday. The firm’s 50-day moving average price is $230.18 and its 200-day moving average price is $217.31. The company has a market capitalization of $17.41 billion, a PE ratio of 32.92, a P/E/G ratio of 2.64 and a beta of 0.95. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.78 and a quick ratio of 1.95. IDEX Corporation has a 1-year low of $160.60 and a 1-year high of $243.80.

IDEX (NYSE:IEX – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The industrial products company reported $2.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.24 by $0.09. IDEX had a net margin of 14.65% and a return on equity of 16.18%. The company had revenue of $951.70 million during the quarter, compared to analyst estimates of $934.36 million. During the same period last year, the business earned $2.03 EPS. IDEX’s quarterly revenue was up 8.3% compared to the same quarter last year. On average, equities analysts predict that IDEX Corporation will post 8.95 EPS for the current fiscal year.

IDEX Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Friday, October 2nd were issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, October 2nd. IDEX’s dividend payout ratio (DPR) is presently 40.56%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on IEX shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of IDEX in a research note on Wednesday, October 28th. TD Cowen increased their target price on shares of IDEX from $260.00 to $275.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Robert W. Baird set a $268.00 target price on IDEX in a research note on Thursday, October 29th. KeyCorp upgraded IDEX to a “hold” rating in a report on Monday, October 12th. Finally, Royal Bank Of Canada started coverage on IDEX in a research report on Thursday, October 29th. They set a “moderate buy” rating and a $283.00 price target for the company. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $263.64.

Read Our Latest Research Report on IEX

About IDEX

(Free Report)

IDEX Corporation is a diversified manufacturer of engineered products and technologies used in industrial, life sciences, fire and safety, and other specialized markets. Its offerings include pumps, valves, flow meters and dispensing equipment, as well as components and instruments used in fluidics, medical technology and scientific applications. The company also supplies fire and rescue equipment, including tools and water-handling products. IDEX serves customers around the world through its operating businesses, which sell products for applications ranging from manufacturing and energy to healthcare and emergency response.