Johnson Investment Counsel Inc. Has $49.30 Million Stock Holdings in IDEX Corporation $IEX

Johnson Investment Counsel Inc. decreased its position in shares of IDEX Corporation (NYSE:IEX) by 2.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 302,897 shares of the industrial products company’s stock after selling 7,846 shares during the period. Johnson Investment Counsel Inc. owned 0.40% of IDEX worth $49,300,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Capital A Wealth Management LLC acquired a new stake in shares of IDEX during the 2nd quarter valued at about $28,000. UMB Bank n.a. raised its position in IDEX by 61.0% during the third quarter. UMB Bank n.a. now owns 198 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 75 shares in the last quarter. Loomis Sayles & Co. L P acquired a new stake in IDEX in the second quarter valued at approximately $33,000. CYBER HORNET ETFs LLC bought a new stake in IDEX in the second quarter worth approximately $35,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of IDEX during the 2nd quarter worth $39,000. Hedge funds and other institutional investors own 97.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. 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 report on Thursday. DA Davidson upped their price target on IDEX from $180.00 to $195.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Argus raised 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. Stifel Nicolaus boosted their target price on IDEX from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $230.00 target price on shares of IDEX in a research report on Thursday. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $228.22.

IDEX Price Performance

Shares of NYSE:IEX opened at $210.54 on Tuesday. The company has a market cap of $15.76 billion, a price-to-earnings ratio of 32.85, a PEG ratio of 2.13 and a beta of 1.00. The business has a 50 day moving average price of $187.27 and a 200 day moving average price of $173.30. The company has a quick ratio of 2.02, a current ratio of 2.86 and a debt-to-equity ratio of 0.45. IDEX Corporation has a twelve month low of $153.36 and a twelve month high of $217.15.

IDEX (NYSE:IEX) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.10 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $882.00 million. During the same period in the previous year, the business posted $2.04 EPS. 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. Research analysts predict that IDEX Corporation will post 8.26 earnings per share for the current year.

IDEX Dividend Announcement

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

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.