Rep. Lisa C. McClain Sells Off Shares of IDEX Corporation (NYSE:IEX)

Representative Lisa C. McClain (R-Michigan) recently sold shares of IDEX Corporation (NYSE:IEX). In a filing disclosed on November 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in IDEX stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

IDEX Trading Up 0.1%

NYSE:IEX traded up $0.17 during midday trading on Thursday, hitting $173.82. 406,231 shares of the company traded hands, compared to its average volume of 675,020. The firm has a market capitalization of $13.01 billion, a P/E ratio of 27.50, a P/E/G ratio of 1.83 and a beta of 1.04. The firm’s fifty day moving average is $165.92 and its 200-day moving average is $171.51. IDEX Corporation has a 12-month low of $153.36 and a 12-month high of $233.15. The company has a current ratio of 2.93, a quick ratio of 2.13 and a debt-to-equity ratio of 0.47.

IDEX (NYSE:IEX) last posted its quarterly earnings data on Friday, December 16th. The industrial products company reported $1.79 earnings per share for the quarter. IDEX had a net margin of 13.97% and a return on equity of 15.20%. The business had revenue of $712.00 million for the quarter. On average, sell-side analysts predict that IDEX Corporation will post 8.26 EPS for the current year.

IDEX declared that its board has authorized a stock buyback plan on Thursday, September 18th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the industrial products company to reacquire up to 8.3% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board believes its stock is undervalued.

IDEX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be issued a $0.71 dividend. The ex-dividend date is Friday, January 16th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.6%. IDEX’s payout ratio is 44.94%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Stifel Nicolaus cut their price target on shares of IDEX from $204.00 to $191.00 and set a “buy” rating on the stock in a report on Monday, October 20th. DA Davidson set a $180.00 price target on IDEX and gave the stock a “neutral” rating in a report on Monday, August 4th. Oppenheimer set a $210.00 price objective on IDEX in a report on Tuesday, October 7th. Royal Bank Of Canada cut their price objective on IDEX from $200.00 to $195.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of IDEX in a research report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $198.86.

Hedge Funds Weigh In On IDEX

Hedge funds and other institutional investors have recently made changes to their positions in the company. Wellington Management Group LLP raised its holdings in shares of IDEX by 3.4% in the third quarter. Wellington Management Group LLP now owns 6,477,929 shares of the industrial products company’s stock valued at $1,054,348,000 after acquiring an additional 211,696 shares in the last quarter. State Street Corp increased its position in IDEX by 1.8% during the 3rd quarter. State Street Corp now owns 3,154,742 shares of the industrial products company’s stock valued at $513,466,000 after purchasing an additional 54,990 shares during the period. Nordea Investment Management AB raised its holdings in shares of IDEX by 193.6% in the 3rd quarter. Nordea Investment Management AB now owns 2,364,312 shares of the industrial products company’s stock valued at $382,049,000 after purchasing an additional 1,559,124 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of IDEX by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 2,000,861 shares of the industrial products company’s stock worth $349,869,000 after purchasing an additional 29,353 shares during the period. Finally, Van ECK Associates Corp lifted its position in shares of IDEX by 8.3% in the 3rd quarter. Van ECK Associates Corp now owns 1,913,157 shares of the industrial products company’s stock worth $311,385,000 after purchasing an additional 146,618 shares during the period. Institutional investors own 97.96% of the company’s stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.