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

Representative Lisa C. McClain (R-Michigan) recently bought shares of IDEX Corporation (NYSE:IEX). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in IDEX stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.

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

• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

IDEX Trading Up 2.2%

NYSE IEX opened at $173.63 on Wednesday. The stock has a market cap of $13.00 billion, a P/E ratio of 27.47, a PEG ratio of 1.83 and a beta of 1.04. The company’s fifty day simple moving average is $165.64 and its 200-day simple moving average is $171.49. The company has a current ratio of 2.93, a quick ratio of 2.13 and a debt-to-equity ratio of 0.47. IDEX Corporation has a 52 week low of $153.36 and a 52 week high of $235.65.

IDEX (NYSE:IEX) last released its quarterly earnings results on Friday, December 16th. The industrial products company reported $1.79 earnings per share (EPS) for the quarter. IDEX had a net margin of 13.97% and a return on equity of 15.20%. The firm had revenue of $712.00 million for the quarter. Equities research analysts predict that IDEX Corporation will post 8.26 EPS for the current fiscal year.

IDEX announced that its board has initiated a share repurchase plan on Thursday, September 18th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the industrial products company to reacquire up to 8.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

IDEX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 16th will be issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, January 16th. IDEX’s dividend payout ratio (DPR) is presently 44.94%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Oppenheimer set a $210.00 price target on IDEX in a research note on Tuesday, October 7th. DA Davidson set a $180.00 price objective on IDEX and gave the stock a “neutral” rating in a report on Monday, August 4th. Stifel Nicolaus cut their target price on IDEX from $204.00 to $191.00 and set a “buy” rating on the stock in a research report on Monday, October 20th. Royal Bank Of Canada decreased their price target on shares of IDEX from $200.00 to $195.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of IDEX in a research note on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $198.86.

Hedge Funds Weigh In On IDEX

Hedge funds have recently added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. raised its holdings 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 worth $25,000 after purchasing an additional 103 shares during the period. American National Bank & Trust acquired a new stake in shares of IDEX during the 2nd quarter worth approximately $25,000. Capital A Wealth Management LLC bought a new stake in shares of IDEX in the 2nd quarter worth approximately $28,000. UMB Bank n.a. boosted its position in IDEX by 61.0% during the 3rd quarter. UMB Bank n.a. now owns 198 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 75 shares during the period. Finally, Loomis Sayles & Co. L P bought a new position in IDEX during the 2nd quarter worth $33,000. Institutional investors and hedge funds own 97.96% of the company’s stock.

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.

About IDEX

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.