Boothbay Fund Management LLC Has $4.92 Million Holdings in IDEX Corporation $IEX

Boothbay Fund Management LLC grew its position in shares of IDEX Corporation (NYSE:IEX) by 1,165.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,247 shares of the industrial products company’s stock after buying an additional 27,857 shares during the quarter. Boothbay Fund Management LLC’s holdings in IDEX were worth $4,923,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Nuance Investments LLC increased its holdings in IDEX by 102.3% during the 3rd quarter. Nuance Investments LLC now owns 162,594 shares of the industrial products company’s stock valued at $26,464,000 after purchasing an additional 82,223 shares in the last quarter. Nordea Investment Management AB boosted its stake in 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 in the last quarter. Robeco Schweiz AG grew its holdings in shares of IDEX by 14.2% during the third quarter. Robeco Schweiz AG now owns 271,089 shares of the industrial products company’s stock worth $44,122,000 after purchasing an additional 33,752 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of IDEX by 70.1% in the second quarter. SG Americas Securities LLC now owns 15,636 shares of the industrial products company’s stock valued at $2,745,000 after buying an additional 6,443 shares in the last quarter. Finally, Allstate Corp acquired a new stake in shares of IDEX in the third quarter valued at $429,000. Institutional investors and hedge funds own 97.96% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on IEX. Royal Bank Of Canada upped their price target on shares of IDEX from $211.00 to $244.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Stifel Nicolaus raised their price objective on shares of IDEX from $200.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. DA Davidson boosted their target price on shares of IDEX from $180.00 to $195.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Citigroup upped their target price on shares of IDEX from $202.00 to $243.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Finally, TD Cowen increased their price target on shares of IDEX from $200.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $228.22.

IDEX Price Performance

IDEX stock opened at $188.11 on Monday. IDEX Corporation has a 1 year low of $153.36 and a 1 year high of $217.15. 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 firm has a market capitalization of $13.99 billion, a P/E ratio of 29.35, a PEG ratio of 1.90 and a beta of 0.98. The business has a 50-day moving average of $200.10 and a 200-day moving average of $179.88.

IDEX (NYSE:IEX) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.06. The company had revenue of $899.10 million for the quarter, compared to analyst estimates of $882.00 million. IDEX had a net margin of 13.98% and a return on equity of 15.03%. The business’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period last year, the business posted $2.04 earnings per share. 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, equities analysts anticipate that IDEX Corporation will post 8.26 EPS for the current year.

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.