Nuance Investments LLC Purchases 82,223 Shares of IDEX Corporation $IEX

Nuance Investments LLC raised its holdings in IDEX Corporation (NYSE:IEX) by 102.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 162,594 shares of the industrial products company’s stock after purchasing an additional 82,223 shares during the quarter. IDEX accounts for approximately 2.7% of Nuance Investments LLC’s investment portfolio, making the stock its 12th biggest position. Nuance Investments LLC owned about 0.22% of IDEX worth $26,464,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp raised its stake in shares of IDEX by 0.5% during the second quarter. State Street Corp now owns 3,099,752 shares of the industrial products company’s stock valued at $544,223,000 after acquiring an additional 16,913 shares during the last quarter. Nordea Investment Management AB grew its stake in shares of IDEX by 193.6% in the third quarter. Nordea Investment Management AB now owns 2,364,312 shares of the industrial products company’s stock worth $382,049,000 after purchasing an additional 1,559,124 shares during the last quarter. Geode Capital Management LLC increased its holdings in IDEX by 1.5% in the second quarter. Geode Capital Management LLC now owns 2,000,861 shares of the industrial products company’s stock valued at $349,869,000 after purchasing an additional 29,353 shares during the period. Invesco Ltd. raised its position in IDEX by 0.9% during the 2nd quarter. Invesco Ltd. now owns 1,559,341 shares of the industrial products company’s stock worth $273,773,000 after purchasing an additional 13,878 shares during the last quarter. Finally, Amundi lifted its holdings in IDEX by 2.3% during the 2nd quarter. Amundi now owns 1,278,688 shares of the industrial products company’s stock worth $231,791,000 after buying an additional 29,142 shares during the period. Institutional investors and hedge funds own 97.96% of the company’s stock.

IDEX Stock Performance

Shares of IEX stock opened at $211.31 on Monday. The company has a current ratio of 2.86, a quick ratio of 2.02 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $15.82 billion, a P/E ratio of 32.97, a PEG ratio of 2.13 and a beta of 1.00. IDEX Corporation has a 12 month low of $153.36 and a 12 month high of $217.16. The firm’s 50 day moving average is $186.55 and its 200 day moving average is $173.12.

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, topping analysts’ consensus estimates 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 the consensus estimate of $882.00 million. During the same period in the prior year, the firm posted $2.04 earnings per share. The company’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 anticipate that IDEX Corporation will post 8.26 earnings per share for the current year.

IDEX Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Friday, January 16th were paid 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 yield of 1.3%. IDEX’s payout ratio is 44.31%.

Key Headlines Impacting IDEX

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

Analyst Ratings Changes

A number of equities analysts recently commented on the company. DA Davidson lifted their price objective on IDEX from $180.00 to $195.00 and gave the stock a “neutral” rating in a research note on Thursday. Argus raised shares of IDEX from a “hold” rating to a “buy” rating and set a $240.00 price objective on the stock in a research note on Friday. Robert W. Baird set a $247.00 price objective on shares of IDEX in a research report on Thursday. Citigroup lifted their target price on shares of IDEX from $202.00 to $243.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Royal Bank Of Canada increased their price target on IDEX from $211.00 to $244.00 and gave the stock an “outperform” rating in a report on Thursday. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $228.22.

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.