EP Wealth Advisors LLC Makes New $542,000 Investment in IDEX Corporation $IEX

EP Wealth Advisors LLC purchased a new position in shares of IDEX Corporation (NYSE:IEX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,389 shares of the industrial products company’s stock, valued at approximately $542,000.

Several other institutional investors and hedge funds also recently made changes to their positions in IEX. Optiver Holding B.V. acquired a new stake in IDEX during the 1st quarter worth $27,000. SJS Investment Consulting Inc. grew its stake in IDEX by 104.1% in the first quarter. SJS Investment Consulting Inc. now owns 149 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 76 shares during the period. Laurel Wealth Advisors LLC acquired a new position in IDEX in the fourth quarter valued at about $27,000. CYBER HORNET ETFs LLC bought a new stake in shares of IDEX in the second quarter worth about $35,000. Finally, Root Financial Partners LLC increased its holdings in shares of IDEX by 57.6% in the first quarter. Root Financial Partners LLC now owns 208 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 76 shares in the last quarter. Institutional investors and hedge funds own 97.96% of the company’s stock.

Insider Activity at IDEX

In related news, CAO Lisa M. Anderson sold 385 shares of the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $238.59, for a total transaction of $91,857.15. Following the completion of the transaction, the chief accounting officer owned 4,327 shares in the company, valued at approximately $1,032,378.93. This represents a 8.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.50% of the stock is currently owned by corporate insiders.

IDEX Stock Down 0.4%

NYSE:IEX opened at $233.51 on Tuesday. The stock has a 50-day simple moving average of $228.11 and a 200 day simple moving average of $213.20. IDEX Corporation has a 52-week low of $158.19 and a 52-week high of $243.80. The company has a market cap of $17.21 billion, a PE ratio of 33.60, a PEG ratio of 2.21 and a beta of 0.98. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.15 and a current ratio of 3.05.

IDEX (NYSE:IEX) last released its earnings results on Wednesday, July 29th. The industrial products company reported $2.32 EPS for the quarter, beating the consensus estimate of $2.11 by $0.21. IDEX had a return on equity of 15.69% and a net margin of 14.49%.The firm had revenue of $920.60 million for the quarter, compared to analysts’ expectations of $905.38 million. During the same quarter in the previous year, the business posted $2.07 EPS. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. IDEX has set its FY 2026 guidance at 8.700-8.850 EPS and its Q3 2026 guidance at 2.200-2.250 EPS. On average, sell-side analysts expect that IDEX Corporation will post 8.82 EPS for the current fiscal year.

IDEX Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 6th were given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, July 6th. IDEX’s payout ratio is currently 42.01%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Argus lifted their price objective on IDEX from $250.00 to $260.00 and gave the company a “buy” rating in a report on Thursday, August 6th. TD Cowen raised their target price on shares of IDEX from $260.00 to $275.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Oppenheimer reaffirmed an “outperform” rating and issued a $265.00 price target on shares of IDEX in a research note on Thursday, July 30th. Mizuho raised shares of IDEX from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $210.00 to $280.00 in a research report on Tuesday, August 11th. Finally, Royal Bank Of Canada raised their price objective on shares of IDEX from $261.00 to $280.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $260.80.

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.