Baader Bank Aktiengesellschaft Invests $3.55 Million in IDEX Corporation $IEX

Baader Bank Aktiengesellschaft bought a new position in shares of IDEX Corporation (NYSE:IEX) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 21,809 shares of the industrial products company’s stock, valued at approximately $3,550,000.

A number of other large investors have also recently added to or reduced their stakes in IEX. Empowered Funds LLC increased its holdings in shares of IDEX by 3.4% in the first quarter. Empowered Funds LLC now owns 1,646 shares of the industrial products company’s stock valued at $298,000 after purchasing an additional 54 shares during the last quarter. Cullen Frost Bankers Inc. boosted its holdings in shares of IDEX by 2.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 3,112 shares of the industrial products company’s stock worth $546,000 after buying an additional 60 shares during the period. UMB Bank n.a. grew its stake in IDEX by 61.0% in the 3rd quarter. UMB Bank n.a. now owns 198 shares of the industrial products company’s stock valued at $32,000 after buying an additional 75 shares during the last quarter. Blue Trust Inc. raised its holdings in IDEX by 21.5% in the 2nd quarter. Blue Trust Inc. now owns 446 shares of the industrial products company’s stock valued at $78,000 after acquiring an additional 79 shares during the period. Finally, Bessemer Group Inc. lifted its position in IDEX by 16.6% during the third quarter. Bessemer Group Inc. now owns 577 shares of the industrial products company’s stock worth $94,000 after acquiring an additional 82 shares during the last quarter. Institutional investors and hedge funds own 97.96% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on IEX shares. Robert W. Baird set a $247.00 price target on IDEX in a research note on Thursday, February 5th. Oppenheimer reissued an “outperform” rating and issued a $230.00 price target on shares of IDEX in a research note on Thursday, February 5th. Argus upgraded IDEX from a “hold” rating to a “buy” rating and set a $240.00 price target for the company in a report on Friday, February 6th. DA Davidson raised their target price on IDEX from $180.00 to $195.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Finally, Royal Bank Of Canada upped their target price on shares of IDEX from $211.00 to $244.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $228.22.

IDEX Trading Up 1.8%

NYSE IEX opened at $214.50 on Wednesday. The company has a quick ratio of 2.02, a current ratio of 2.86 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $16.06 billion, a PE ratio of 33.46, a P/E/G ratio of 2.12 and a beta of 1.00. The stock’s 50 day moving average is $188.06 and its 200 day moving average is $173.51. IDEX Corporation has a twelve month low of $153.36 and a twelve month high of $217.15.

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

IDEX Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 16th were given a dividend of $0.71 per share. The ex-dividend date of this dividend was Friday, January 16th. This represents a $2.84 annualized dividend and a dividend yield of 1.3%. IDEX’s payout ratio is currently 44.31%.

IDEX 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.