IDEX Corporation (NYSE:IEX) Receives $241.11 Consensus PT from Analysts

Shares of IDEX Corporation (NYSE:IEX) have been given an average recommendation of “Moderate Buy” by the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $241.1111.

IEX has been the subject of several recent research reports. Robert W. Baird set a $257.00 price objective on IDEX in a report on Thursday, April 30th. TD Cowen boosted their target price on shares of IDEX from $250.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Stifel Nicolaus set a $250.00 target price on shares of IDEX in a research report on Thursday, April 30th. Seaport Research Partners reissued a “buy” rating and set a $250.00 target price on shares of IDEX in a research report on Tuesday, May 5th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of IDEX in a research report on Monday, April 20th.

Insider Transactions at IDEX

In related news, CEO Eric D. Ashleman sold 15,385 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $215.22, for a total transaction of $3,311,159.70. Following the completion of the sale, the chief executive officer owned 66,658 shares in the company, valued at approximately $14,346,134.76. This represents a 18.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On IDEX

Several institutional investors have recently bought and sold shares of the stock. Optiver Holding B.V. bought a new stake in IDEX in the 1st quarter worth about $27,000. GoalVest Advisory LLC bought a new stake in IDEX in the 4th quarter worth about $26,000. SJS Investment Consulting Inc. grew its position in IDEX by 104.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 149 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 76 shares in the last quarter. Laurel Wealth Advisors LLC bought a new stake in IDEX in the 4th quarter worth about $27,000. Finally, UMB Bank n.a. grew its position in IDEX by 61.0% in the 3rd quarter. UMB Bank n.a. now owns 198 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 75 shares in the last quarter. Institutional investors own 97.96% of the company’s stock.

IDEX Trading Up 0.1%

NYSE IEX opened at $215.48 on Wednesday. The company has a market cap of $15.95 billion, a price-to-earnings ratio of 31.88, a P/E/G ratio of 2.11 and a beta of 1.00. IDEX has a 52 week low of $157.25 and a 52 week high of $223.85. The business has a 50 day moving average price of $205.49 and a 200-day moving average price of $195.55. The company has a quick ratio of 2.40, a current ratio of 3.39 and a debt-to-equity ratio of 0.46.

IDEX (NYSE:IEX) last released its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $2.00 EPS for the quarter, beating the consensus estimate 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 return on equity of 15.29% and a net margin of 14.38%.The company’s quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.75 earnings per share. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. As a group, equities analysts expect that IDEX will post 8.49 earnings per share for the current fiscal year.

IDEX Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.4%. This is an increase from IDEX’s previous quarterly dividend of $0.71. The ex-dividend date was Friday, May 22nd. IDEX’s dividend payout ratio is currently 43.20%.

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.