Aberdeen Group plc Sells 4,224 Shares of IDEX Corporation $IEX

Aberdeen Group plc lessened its holdings in shares of IDEX Corporation (NYSE:IEX) by 6.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,151 shares of the industrial products company’s stock after selling 4,224 shares during the quarter. Aberdeen Group plc owned about 0.08% of IDEX worth $10,703,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. GoalVest Advisory LLC bought a new stake in shares of IDEX during the 4th quarter valued at about $26,000. Capital A Wealth Management LLC bought a new position in IDEX in the second quarter valued at $28,000. UMB Bank n.a. increased its stake in IDEX by 61.0% in 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 during the last quarter. CYBER HORNET ETFs LLC bought a new position in IDEX in the second quarter valued at $35,000. Finally, MUFG Securities EMEA plc bought a new position in IDEX in the second quarter valued at $39,000. Institutional investors own 97.96% of the company’s stock.

IDEX Trading Up 0.6%

Shares of IEX opened at $191.83 on Wednesday. The firm has a market cap of $14.26 billion, a price-to-earnings ratio of 29.93, a PEG ratio of 1.92 and a beta of 0.99. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.02 and a current ratio of 2.86. IDEX Corporation has a fifty-two week low of $157.25 and a fifty-two week high of $217.15. The firm has a 50 day moving average price of $199.60 and a 200-day moving average price of $183.08.

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 return on equity of 15.03% and a net margin of 13.98%.The business had revenue of $899.10 million for the quarter, compared to analyst estimates of $882.00 million. During the same period last year, the company earned $2.04 EPS. IDEX’s revenue for the quarter 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, equities research analysts forecast that IDEX Corporation will post 8.26 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on IEX. Argus raised IDEX from a “hold” rating to a “buy” rating and set a $240.00 target price on the stock in a research note on Friday, February 6th. DA Davidson increased their target price on IDEX from $180.00 to $195.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Citigroup increased their target price on IDEX from $202.00 to $243.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Royal Bank Of Canada increased their target price on IDEX from $211.00 to $244.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Finally, Stifel Nicolaus increased their target price on IDEX from $200.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, IDEX presently has an average rating of “Moderate Buy” and an average target price of $226.80.

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.