IDEX Corporation (NYSE:IEX) Given Average Recommendation of “Moderate Buy” by Brokerages

IDEX Corporation (NYSE:IEX) has earned a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $228.2222.

IEX has been the topic of a number of recent research reports. Citigroup raised their price objective on IDEX from $202.00 to $243.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Royal Bank Of Canada boosted their target price on IDEX from $211.00 to $244.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Oppenheimer reiterated an “outperform” rating and issued a $230.00 target price on shares of IDEX in a research note on Thursday, February 5th. Stifel Nicolaus raised their target price on IDEX from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Finally, Robert W. Baird set a $247.00 target price on IDEX in a research note on Thursday, February 5th.

Institutional Trading of IDEX

Hedge funds have recently bought and sold shares of the company. Wellington Management Group LLP increased its stake in shares of IDEX by 3.4% in the third quarter. Wellington Management Group LLP now owns 6,477,929 shares of the industrial products company’s stock worth $1,054,348,000 after purchasing an additional 211,696 shares in the last quarter. Primecap Management Co. CA raised its position in shares of IDEX by 86.5% during the 4th quarter. Primecap Management Co. CA now owns 3,226,787 shares of the industrial products company’s stock valued at $574,174,000 after buying an additional 1,496,207 shares in the last quarter. State Street Corp raised its holdings in IDEX by 0.6% during the 4th quarter. State Street Corp now owns 3,172,410 shares of the industrial products company’s stock valued at $564,499,000 after buying an additional 17,668 shares during the period. Nordea Investment Management AB boosted its position in shares of IDEX by 193.6% during the third quarter. Nordea Investment Management AB now owns 2,364,312 shares of the industrial products company’s stock valued at $382,049,000 after buying an additional 1,559,124 shares during the period. Finally, Geode Capital Management LLC grew its holdings in shares of IDEX by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 2,034,942 shares of the industrial products company’s stock worth $360,740,000 after purchasing an additional 7,844 shares during the last quarter. Hedge funds and other institutional investors own 97.96% of the company’s stock.

IDEX Price Performance

IEX opened at $207.48 on Monday. IDEX has a 52 week low of $153.36 and a 52 week high of $217.15. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.02 and a current ratio of 2.86. The firm has a market capitalization of $15.43 billion, a PE ratio of 32.37, a P/E/G ratio of 2.09 and a beta of 1.00. The company has a fifty day moving average price of $193.06 and a two-hundred day moving average price of $175.85.

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

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.