Evelyn Partners Investment Management LLP Has $32.98 Million Position in IDEX Corporation $IEX

Evelyn Partners Investment Management LLP grew its holdings in IDEX Corporation (NYSE:IEX) by 9.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 185,359 shares of the industrial products company’s stock after purchasing an additional 15,632 shares during the quarter. IDEX comprises 0.9% of Evelyn Partners Investment Management LLP’s portfolio, making the stock its 28th biggest holding. Evelyn Partners Investment Management LLP’s holdings in IDEX were worth $32,983,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GoalVest Advisory LLC bought a new stake in shares of IDEX in the fourth quarter valued at about $26,000. Laurel Wealth Advisors LLC bought a new stake in shares of IDEX in the fourth quarter valued at about $27,000. Cromwell Holdings LLC lifted its stake in shares of IDEX by 41.1% in the fourth quarter. Cromwell Holdings LLC now owns 199 shares of the industrial products company’s stock valued at $35,000 after buying an additional 58 shares during the period. CYBER HORNET ETFs LLC bought a new stake in shares of IDEX in the second quarter valued at about $35,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of IDEX in the second quarter valued at about $39,000. 97.96% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at IDEX

In other news, CEO Eric D. Ashleman sold 15,385 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $215.22, for a total value of $3,311,159.70. Following the sale, the chief executive officer directly owned 66,658 shares in the company, valued at approximately $14,346,134.76. This represents a 18.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on IEX. TD Cowen increased their target price on shares of IDEX from $250.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Stifel Nicolaus set a $250.00 target price on shares of IDEX in a research note on Thursday, April 30th. Royal Bank Of Canada increased their target price on shares of IDEX from $225.00 to $252.00 and gave the company an “outperform” rating in a research note on Thursday, April 30th. Robert W. Baird set a $257.00 target price on shares of IDEX in a research note on Thursday, April 30th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $250.00 target price (up from $242.00) on shares of IDEX in a research note on Tuesday, June 2nd. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $241.11.

IDEX Trading Up 0.6%

IEX stock opened at $218.12 on Friday. IDEX Corporation has a 1-year low of $157.25 and a 1-year high of $223.94. The firm has a market cap of $16.14 billion, a P/E ratio of 32.27, a P/E/G ratio of 2.14 and a beta of 1.00. The business’s 50 day moving average is $208.47 and its 200-day moving average is $197.22. The company has a current ratio of 3.39, a quick ratio of 2.40 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 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.22. IDEX had a return on equity of 15.29% and a net margin of 14.38%.The company had revenue of $886.90 million for the quarter, compared to analyst estimates of $845.58 million. During the same period in the prior year, the company posted $1.75 EPS. The company’s revenue was up 8.9% compared to the same quarter last year. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. Equities analysts anticipate that IDEX Corporation will post 8.49 earnings per share for the current fiscal year.

IDEX Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were paid a $0.73 dividend. The ex-dividend date was Friday, May 22nd. This represents a $2.92 annualized dividend and a dividend yield of 1.3%. This is an increase from IDEX’s previous quarterly dividend of $0.71. IDEX’s dividend payout ratio is currently 43.20%.

IDEX 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.