ABN Amro Investment Solutions Purchases 2,812 Shares of IDEX Corporation $IEX

ABN Amro Investment Solutions lifted its position in shares of IDEX Corporation (NYSE:IEX) by 64.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,164 shares of the industrial products company’s stock after buying an additional 2,812 shares during the period. ABN Amro Investment Solutions’ holdings in IDEX were worth $1,358,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Deprince Race & Zollo Inc. increased its holdings in shares of IDEX by 4.3% in the fourth quarter. Deprince Race & Zollo Inc. now owns 359,152 shares of the industrial products company’s stock worth $63,908,000 after buying an additional 14,952 shares during the period. Assenagon Asset Management S.A. boosted its holdings in IDEX by 13.7% during the 4th quarter. Assenagon Asset Management S.A. now owns 62,606 shares of the industrial products company’s stock valued at $11,140,000 after acquiring an additional 7,559 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in IDEX by 4.5% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 160,520 shares of the industrial products company’s stock valued at $28,743,000 after acquiring an additional 6,901 shares during the period. SG Americas Securities LLC grew its position in IDEX by 2,690.4% during the 4th quarter. SG Americas Securities LLC now owns 32,508 shares of the industrial products company’s stock worth $5,784,000 after acquiring an additional 31,343 shares during the last quarter. Finally, Baader Bank Aktiengesellschaft increased its stake in IDEX by 27.5% in the 4th quarter. Baader Bank Aktiengesellschaft now owns 27,809 shares of the industrial products company’s stock worth $4,948,000 after purchasing an additional 6,000 shares during the period. Hedge funds and other institutional investors own 97.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on IEX shares. BMO Capital Markets began coverage on IDEX in a research note on Friday, March 27th. They set a “market perform” rating and a $214.00 price objective for the company. Citigroup upped their price target on shares of IDEX from $243.00 to $252.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Seaport Research Partners reissued a “buy” rating and set a $250.00 price target on shares of IDEX in a research report on Tuesday, May 5th. TD Cowen raised their price target on shares of IDEX from $250.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Royal Bank Of Canada boosted their price objective on shares of IDEX from $252.00 to $261.00 and gave the company an “outperform” rating in a research report on Thursday, July 16th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $244.00.

IDEX Stock Performance

IDEX stock opened at $223.13 on Friday. IDEX Corporation has a twelve month low of $157.25 and a twelve month high of $231.70. The company has a quick ratio of 2.40, a current ratio of 3.39 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $16.51 billion, a P/E ratio of 33.01, a PEG ratio of 2.18 and a beta of 0.98. The stock’s 50 day moving average is $219.14 and its 200 day moving average is $206.95.

IDEX (NYSE:IEX) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.78 by $0.22. IDEX had a return on equity of 15.29% and a net margin of 14.38%.The business had revenue of $886.90 million during the quarter, compared to analysts’ expectations of $845.58 million. During the same quarter in the previous year, the business earned $1.75 earnings per share. The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. On average, equities research analysts predict that IDEX Corporation will post 8.48 earnings per share for the current fiscal year.

IDEX Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 6th were paid a $0.73 dividend. The ex-dividend date was Monday, July 6th. This represents a $2.92 dividend on an annualized basis and a yield of 1.3%. IDEX’s payout ratio is presently 43.20%.

Insider Buying and Selling

In other IDEX news, CEO Eric D. Ashleman sold 15,385 shares of IDEX stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $215.22, for a total value of $3,311,159.70. Following the completion of the transaction, the chief executive officer directly owned 66,658 shares of the company’s stock, valued at approximately $14,346,134.76. The trade was a 18.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.50% of the company’s stock.

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.