Danske Bank A S Grows Holdings in IDEX Corporation $IEX

Danske Bank A S raised its position in IDEX Corporation (NYSE:IEX) by 5.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 73,700 shares of the industrial products company’s stock after buying an additional 3,800 shares during the period. Danske Bank A S’s holdings in IDEX were worth $13,114,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GoalVest Advisory LLC purchased a new position in IDEX in the 4th quarter valued at about $26,000. Laurel Wealth Advisors LLC acquired a new position in shares of IDEX during the 4th quarter valued at about $27,000. UMB Bank n.a. increased its stake in shares of IDEX by 61.0% during 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 last quarter. Cromwell Holdings LLC increased its stake in shares of IDEX by 41.1% during the 4th quarter. Cromwell Holdings LLC now owns 199 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 58 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of IDEX during the 2nd quarter valued at about $35,000. 97.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on IEX shares. DA Davidson upped their price objective on shares of IDEX from $180.00 to $195.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Robert W. Baird set a $257.00 price objective on shares of IDEX in a research note on Thursday. TD Cowen upped their price objective on shares of IDEX from $250.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of IDEX in a research note on Monday, April 20th. Finally, Stifel Nicolaus set a $250.00 price objective on shares of IDEX in a research note on Thursday. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $234.70.

IDEX Stock Up 0.2%

IEX opened at $215.32 on Monday. The firm has a 50 day moving average price of $198.99 and a 200 day moving average price of $188.12. The company has a market cap of $15.94 billion, a PE ratio of 31.85, a price-to-earnings-growth ratio of 2.12 and a beta of 1.02. IDEX Corporation has a 1 year low of $157.25 and a 1 year high of $223.85. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.40 and a current ratio of 3.39.

IDEX (NYSE:IEX) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.78 by $0.22. The firm had revenue of $886.90 million during the quarter, compared to the consensus estimate of $845.58 million. IDEX had a net margin of 14.38% and a return on equity of 15.29%. The company’s revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.75 EPS. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. Sell-side analysts expect that IDEX Corporation will post 8.47 earnings per share for the current year.

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.