M&T Bank Corp Acquires 93,114 Shares of IDEX Corporation $IEX

M&T Bank Corp raised its holdings in shares of IDEX Corporation (NYSE:IEX) by 1,333.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,099 shares of the industrial products company’s stock after purchasing an additional 93,114 shares during the period. M&T Bank Corp’s holdings in IDEX were worth $17,812,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IEX. Wellington Management Group LLP raised its holdings in IDEX by 3.4% in the 3rd quarter. Wellington Management Group LLP now owns 6,477,929 shares of the industrial products company’s stock worth $1,054,348,000 after purchasing an additional 211,696 shares in the last quarter. State Street Corp raised its holdings in IDEX by 1.8% in the 3rd quarter. State Street Corp now owns 3,154,742 shares of the industrial products company’s stock worth $513,466,000 after purchasing an additional 54,990 shares in the last quarter. Nordea Investment Management AB raised its holdings in 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 worth $382,049,000 after purchasing an additional 1,559,124 shares in the last quarter. Van ECK Associates Corp raised its holdings in 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 in the last quarter. Finally, Invesco Ltd. raised its holdings in IDEX by 16.1% in the 3rd quarter. Invesco Ltd. now owns 1,809,788 shares of the industrial products company’s stock worth $294,561,000 after purchasing an additional 250,447 shares in the last quarter. Institutional investors own 97.96% of the company’s stock.

IDEX Stock Up 1.6%

Shares of IDEX stock opened at $206.82 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.86 and a quick ratio of 2.02. The company has a 50-day moving average of $198.87 and a 200 day moving average of $186.19. The firm has a market cap of $15.38 billion, a price-to-earnings ratio of 32.27, a PEG ratio of 2.06 and a beta of 0.99. IDEX Corporation has a 1 year low of $157.25 and a 1 year high of $217.15.

IDEX (NYSE:IEX) last issued 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. The company had revenue of $899.10 million during 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%. IDEX’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period last year, the business earned $2.04 EPS. 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, sell-side analysts anticipate that IDEX Corporation will post 8.23 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. DA Davidson upped their price objective on shares of IDEX from $180.00 to $195.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. TD Cowen increased their target price on IDEX from $200.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Stifel Nicolaus decreased their target price on IDEX from $244.00 to $241.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. BMO Capital Markets assumed coverage on IDEX in a research report on Friday, March 27th. They issued a “market perform” rating and a $214.00 target price for the company. Finally, Argus raised IDEX from a “hold” rating to a “buy” rating and set a $240.00 target price for the company in a research report on Friday, February 6th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, IDEX has an average rating of “Moderate Buy” and a consensus price target of $228.90.

Trending Headlines about IDEX

Here are the key news stories impacting IDEX this week:

• Neutral Sentiment: Transcript posted of IDEX’s Q2 2025 earnings call — useful for detail and management comments but not new guidance; unlikely to move the stock materially by itself. IDEX (IEX) Q2 2025 Earnings Call Transcript
• Negative Sentiment: Zacks analysts have trimmed multiple near-term and multi-year EPS forecasts for IEX (small downward adjustments across Q1–Q4 FY2027 and FY2028), and a Zacks preview notes IDEX “doesn’t possess the right combination” of factors for a likely earnings beat next week — this creates downside risk to sentiment and could cap near-term upside if the company misses. Idex (IEX) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Negative Sentiment: A Seeking Alpha piece argues IDEX’s valuation looks stretched even given strong growth prospects — a narrative that can pressure multiples and make the stock sensitive to any execution slips or analyst cuts. IDEX Corporation’s Valuation Is Too High Even With Strong Growth

About IDEX

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.