IDEX (NYSE:IEX) Shares Acquired Rep. Lisa C. McClain

Representative Lisa C. McClain (R-Michigan) recently bought shares of IDEX Corporation (NYSE:IEX). In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in IDEX stock on August 4th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 8/28/2025.
• Purchased $1,001 – $15,000 in shares of ACI Worldwide (NASDAQ:ACIW) on 8/19/2025.
• Purchased $1,001 – $15,000 in shares of HCA Healthcare (NYSE:HCA) on 8/19/2025.
• Sold $1,001 – $15,000 in shares of Amedisys (NASDAQ:AMED) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Kite Realty Group Trust (NYSE:KRG) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of JD.com (NASDAQ:JD) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of Trade Desk (NASDAQ:TTD) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of US Foods (NYSE:USFD) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of Agree Realty (NYSE:ADC) on 8/13/2025.

IDEX Trading Down 0.6%

Shares of IEX opened at $161.10 on Monday. The company’s fifty day moving average is $167.84 and its 200 day moving average is $174.80. IDEX Corporation has a fifty-two week low of $153.36 and a fifty-two week high of $238.22. The stock has a market capitalization of $12.13 billion, a PE ratio of 26.03, a P/E/G ratio of 1.70 and a beta of 1.02. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.13 and a current ratio of 3.05.

IDEX (NYSE:IEX) last announced its quarterly earnings results on Wednesday, July 30th. The industrial products company reported $2.07 earnings per share for the quarter, topping the consensus estimate of $2.00 by $0.07. IDEX had a net margin of 14.05% and a return on equity of 15.16%. The company had revenue of $865.40 million for the quarter, compared to analysts’ expectations of $858.59 million. During the same quarter in the previous year, the business posted $2.06 earnings per share. IDEX’s quarterly revenue was up 7.2% on a year-over-year basis. IDEX has set its Q3 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.850-7.950 EPS. Sell-side analysts expect that IDEX Corporation will post 8.26 earnings per share for the current fiscal year.

IDEX announced that its Board of Directors has authorized a stock repurchase program on Thursday, September 18th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the industrial products company to reacquire up to 8.3% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

IDEX Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 24th. Investors of record on Friday, October 10th will be given a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 1.8%. The ex-dividend date is Friday, October 10th. IDEX’s payout ratio is currently 45.88%.

Wall Street Analyst Weigh In

IEX has been the topic of several research reports. Royal Bank Of Canada reduced their price target on shares of IDEX from $207.00 to $200.00 and set an “outperform” rating on the stock in a research report on Thursday, July 31st. Oppenheimer reduced their price target on shares of IDEX from $224.00 to $212.00 and set an “outperform” rating on the stock in a research report on Thursday, July 31st. Citigroup boosted their price objective on shares of IDEX from $208.00 to $216.00 and gave the company a “buy” rating in a research report on Monday, July 14th. Stifel Nicolaus cut their price objective on shares of IDEX from $238.00 to $204.00 and set a “buy” rating on the stock in a research report on Thursday, July 31st. Finally, DA Davidson set a $180.00 price objective on shares of IDEX and gave the company a “neutral” rating in a research report on Monday, August 4th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, IDEX currently has an average rating of “Moderate Buy” and an average target price of $201.71.

Institutional Trading of IDEX

Hedge funds have recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of IDEX by 257.5% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 143 shares of the industrial products company’s stock valued at $25,000 after buying an additional 103 shares during the last quarter. American National Bank & Trust purchased a new stake in shares of IDEX during the second quarter valued at about $25,000. MassMutual Private Wealth & Trust FSB lifted its position in shares of IDEX by 81.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 143 shares of the industrial products company’s stock valued at $26,000 after buying an additional 64 shares during the last quarter. Loomis Sayles & Co. L P purchased a new stake in shares of IDEX during the second quarter valued at about $33,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of IDEX during the second quarter valued at about $35,000. 97.96% of the stock is owned by hedge funds and other institutional investors.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

IDEX Company Profile

IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries.