
IDEX Corporation (NYSE:IEX – Free Report) – Zacks Research cut their FY2025 earnings per share (EPS) estimates for IDEX in a report issued on Wednesday, November 19th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $7.89 for the year, down from their prior estimate of $7.90. The consensus estimate for IDEX’s current full-year earnings is $8.26 per share. Zacks Research also issued estimates for IDEX’s Q4 2025 earnings at $2.04 EPS, Q1 2026 earnings at $1.84 EPS, Q2 2026 earnings at $2.17 EPS, Q3 2026 earnings at $2.17 EPS, Q4 2026 earnings at $2.12 EPS, FY2026 earnings at $8.29 EPS, Q1 2027 earnings at $2.09 EPS and Q2 2027 earnings at $2.45 EPS.
IEX has been the subject of several other research reports. Stifel Nicolaus dropped their price target on shares of IDEX from $204.00 to $191.00 and set a “buy” rating for the company in a research note on Monday, October 20th. Royal Bank Of Canada decreased their price objective on IDEX from $200.00 to $195.00 and set an “outperform” rating on the stock in a report on Thursday, October 30th. Weiss Ratings reissued a “hold (c-)” rating on shares of IDEX in a research note on Wednesday, October 8th. Oppenheimer set a $210.00 target price on IDEX in a research report on Tuesday, October 7th. Finally, DA Davidson set a $180.00 price target on IDEX and gave the stock a “neutral” rating in a report on Monday, August 4th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $198.86.
IDEX Trading Down 0.1%
Shares of IEX opened at $161.58 on Thursday. The company has a current ratio of 2.93, a quick ratio of 2.13 and a debt-to-equity ratio of 0.47. The firm has a 50-day moving average price of $165.09 and a 200 day moving average price of $171.92. IDEX has a 12-month low of $153.36 and a 12-month high of $237.38. The firm has a market capitalization of $12.09 billion, a P/E ratio of 25.57, a P/E/G ratio of 1.83 and a beta of 1.04.
IDEX (NYSE:IEX – Get Free Report) last issued its earnings results on Friday, December 16th. The industrial products company reported $1.79 earnings per share (EPS) for the quarter. IDEX had a return on equity of 15.20% and a net margin of 13.97%.The business had revenue of $712.00 million during the quarter.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in IDEX by 257.5% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 143 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 103 shares during the period. American National Bank & Trust purchased a new position in shares of IDEX in the 2nd quarter valued at $25,000. Capital A Wealth Management LLC purchased a new position in shares of IDEX during the second quarter worth about $28,000. Loomis Sayles & Co. L P acquired a new position in IDEX during the second quarter worth approximately $33,000. Finally, UMB Bank n.a. increased its holdings in shares of IDEX by 61.0% in the 3rd 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 period. Hedge funds and other institutional investors own 97.96% of the company’s stock.
IDEX declared that its Board of Directors has initiated a stock buyback plan on Thursday, September 18th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the industrial products company to buy up to 8.3% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.
IDEX Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 16th will be issued a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Friday, January 16th. IDEX’s payout ratio is currently 44.94%.
About IDEX
IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries.
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