Truist Financial Corp lessened its holdings in shares of IDEX Corporation (NYSE:IEX – Free Report) by 48.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,501 shares of the industrial products company’s stock after selling 20,732 shares during the period. Truist Financial Corp’s holdings in IDEX were worth $3,662,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Capital A Wealth Management LLC bought a new position in shares of IDEX during the second quarter valued at approximately $28,000. Loomis Sayles & Co. L P bought a new stake in shares of IDEX in the 2nd quarter worth approximately $33,000. CYBER HORNET ETFs LLC acquired a new position in IDEX during the 2nd quarter valued at approximately $35,000. MUFG Securities EMEA plc acquired a new position in IDEX during the 2nd quarter valued at approximately $39,000. Finally, Central Pacific Bank Trust Division bought a new position in IDEX during the 3rd quarter worth $45,000. Institutional investors and hedge funds own 97.96% of the company’s stock.
IDEX Stock Up 5.6%
IDEX stock opened at $212.89 on Thursday. IDEX Corporation has a 52 week low of $153.36 and a 52 week high of $213.83. The stock has a market cap of $15.93 billion, a price-to-earnings ratio of 33.69, a PEG ratio of 2.02 and a beta of 1.00. The company’s 50-day moving average price is $185.03 and its two-hundred day moving average price is $172.79. The company has a current ratio of 2.93, a quick ratio of 2.06 and a debt-to-equity ratio of 0.47.
IDEX Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 16th were paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, January 16th. IDEX’s payout ratio is currently 44.94%.
More IDEX News
Here are the key news stories impacting IDEX this week:
- Positive Sentiment: Q4 results beat consensus — GAAP EPS of $2.10 beat estimates and revenue of $899.1M topped expectations, with revenue up ~4.2% year‑over‑year and margin expansion cited by management. Zacks — IDEX Q4 Earnings Surpass Estimates
- Positive Sentiment: Management reiterated a multi‑quarter growth outlook and provided FY‑26 guidance that implies continued organic growth and profitability improvement, supporting longer‑term earnings expectations. Seeking Alpha — Q4 2025 Earnings Call Transcript
- Positive Sentiment: Volume and investor interest spiked on the print, indicating strong market attention to the beat and outlook (high turnover can amplify price moves as funds reposition). MarketBeat — IDEX Earnings Summary
- Neutral Sentiment: FY‑26 guidance was issued as a range of $8.15–$8.35 EPS (street consensus ~$8.31), which largely affirms the company’s growth trajectory but leaves some ambiguity within the range. Seeking Alpha — Q4 Results Presentation
- Neutral Sentiment: Earnings materials, slide deck and full call transcript are available for review — useful for investors wanting detail on segment performance and margin drivers. Yahoo Finance — Earnings Call Transcript
- Neutral Sentiment: Analyst coverage and price targets remain mixed but generally constructive (median targets around $202; some firms higher), so follow‑up updates could shift sentiment further. QuiverQuant — Earnings Release & Analyst Notes
- Negative Sentiment: Q1 2026 guidance of $1.73–$1.78 EPS came in below the street’s prior consensus (~$1.84), creating a near‑term earnings risk and tempering the reaction for some investors. Zacks — Q4 Results & Guidance
Analysts Set New Price Targets
A number of research firms have issued reports on IEX. Stifel Nicolaus raised their target price on IDEX from $200.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. TD Cowen reaffirmed a “buy” rating on shares of IDEX in a report on Wednesday, December 3rd. Royal Bank Of Canada reissued an “outperform” rating and set a $211.00 target price on shares of IDEX in a research note on Thursday, January 15th. Citigroup upped their target price on shares of IDEX from $197.00 to $202.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of IDEX in a report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, IDEX presently has a consensus rating of “Moderate Buy” and a consensus price target of $203.29.
Check Out Our Latest Analysis on IDEX
IDEX Company Profile
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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