IDEX (NYSE:IEX) Raised to “Buy” at Argus

IDEX (NYSE:IEX) was upgraded by stock analysts at Argus from a “hold” rating to a “buy” rating in a report released on Friday, Marketbeat.com reports. The brokerage presently has a $240.00 price objective on the industrial products company’s stock. Argus’ price objective suggests a potential upside of 13.58% from the stock’s current price.

IEX has been the topic of a number of other reports. TD Cowen increased their price target on shares of IDEX from $200.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday. Royal Bank Of Canada upped their price objective on shares of IDEX from $211.00 to $244.00 and gave the stock an “outperform” rating in a research report on Thursday. Stifel Nicolaus raised their target price on IDEX from $200.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. DA Davidson lifted their price target on IDEX from $180.00 to $195.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, Citigroup increased their price target on IDEX from $202.00 to $243.00 and gave the stock a “buy” rating in a research report on Thursday. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, IDEX currently has a consensus rating of “Moderate Buy” and a consensus target price of $228.22.

IDEX Stock Down 0.8%

Shares of IEX opened at $211.31 on Friday. The company has a market capitalization of $15.82 billion, a price-to-earnings ratio of 32.97, a PEG ratio of 2.13 and a beta of 1.00. IDEX has a 52 week low of $153.36 and a 52 week high of $217.16. The stock’s 50-day moving average price is $186.55 and its 200-day moving average price is $173.19. The company has a quick ratio of 2.06, a current ratio of 2.86 and a debt-to-equity ratio of 0.45.

IDEX (NYSE:IEX) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.06. IDEX had a return on equity of 15.03% and a net margin of 13.98%.The company had revenue of $899.10 million during the quarter, compared to the consensus estimate of $882.00 million. During the same period in the previous year, the company posted $2.04 earnings per share. IDEX’s revenue for the quarter was up 4.2% on a year-over-year basis. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS. On average, sell-side analysts predict that IDEX will post 8.26 EPS for the current year.

Hedge Funds Weigh In On IDEX

Several hedge funds and other institutional investors have recently modified their holdings of IEX. EverSource Wealth Advisors LLC grew its stake in IDEX by 9.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,390 shares of the industrial products company’s stock valued at $247,000 after acquiring an additional 122 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. acquired a new position in shares of IDEX during the 4th quarter worth approximately $285,000. Global Retirement Partners LLC grew its position in shares of IDEX by 49.6% in the fourth quarter. Global Retirement Partners LLC now owns 1,231 shares of the industrial products company’s stock valued at $219,000 after purchasing an additional 408 shares in the last quarter. ABN Amro Investment Solutions purchased a new stake in shares of IDEX in the fourth quarter valued at approximately $774,000. Finally, Covestor Ltd increased its holdings in shares of IDEX by 79.5% in the fourth quarter. Covestor Ltd now owns 614 shares of the industrial products company’s stock valued at $109,000 after purchasing an additional 272 shares during the last quarter. 97.96% of the stock is owned by hedge funds and other institutional investors.

More IDEX News

Here are the key news stories impacting IDEX this week:

• Positive Sentiment: Q4 earnings beat and record AI-linked orders lifted sentiment — the market reacted strongly to the Q4 beat and management cited sizable AI/data-center demand driving outperformance. Why IDEX (IEX) Is Up 8.1% After Q4 Earnings Beat And Record AI-Linked Orders
• Positive Sentiment: Analyst upgrade from Argus to “buy” with a $240 price target signals increased upside expectations from sell-side research. IEX: Argus upgrade
• Positive Sentiment: Industry/hedge-fund coverage is bullish — IEX is listed among top industrial machinery names to buy, with recent analyst coverage skewing to Buy. Attractive Sector Valuations Drive Interest Towards IDEX
• Positive Sentiment: The stock reached a new 52-week high on the strength of the earnings print and order commentary, underlining momentum in demand-sensitive end markets. IDEX Reaches New 52-Week High
• Neutral Sentiment: DA Davidson raised its price target (to $195) but maintained a “neutral” rating — shows some upward revaluation without a full conviction upgrade. DA Davidson raises price target
• Neutral Sentiment: Detailed Q4 commentary and transcript available for investors to parse (useful for reading management tone on orders, margins, and capex). Q4 earnings call transcript
• Negative Sentiment: Mixed Q4 results and Q1 earnings guidance disappointed — management set Q1 guidance below some expectations, which prompted an intraday pullback after the initial rally. Shares slip as Q1 guidance disappoints

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.