Zacks Research Issues Optimistic Forecast for IDEX Earnings

IDEX Co. (NYSE:IEX) – Research analysts at Zacks Research boosted their Q1 2026 earnings per share (EPS) estimates for shares of IDEX in a research report issued on Tuesday, November 19th. Zacks Research analyst R. Department now forecasts that the industrial products company will earn $2.26 per share for the quarter, up from their prior forecast of $2.24. The consensus estimate for IDEX’s current full-year earnings is $7.88 per share.

Several other equities analysts have also commented on IEX. Royal Bank of Canada upped their price target on shares of IDEX from $236.00 to $248.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Robert W. Baird reduced their price target on shares of IDEX from $245.00 to $241.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. Argus lowered shares of IDEX from a “buy” rating to a “hold” rating in a research report on Wednesday, August 14th. Oppenheimer reduced their target price on shares of IDEX from $245.00 to $238.00 and set an “outperform” rating on the stock in a report on Monday, August 5th. Finally, TD Cowen lowered their price target on IDEX from $240.00 to $230.00 and set a “buy” rating for the company in a report on Wednesday, August 7th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, IDEX presently has a consensus rating of “Moderate Buy” and an average price target of $241.14.

IDEX Trading Up 2.2 %

Shares of IEX stock opened at $232.50 on Friday. The firm’s 50-day simple moving average is $215.08 and its 200-day simple moving average is $207.96. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.97 and a quick ratio of 2.11. IDEX has a 1-year low of $189.51 and a 1-year high of $246.36. The firm has a market cap of $17.60 billion, a P/E ratio of 35.99, a PEG ratio of 2.36 and a beta of 0.96.

IDEX (NYSE:IEX) last released its earnings results on Tuesday, October 29th. The industrial products company reported $1.90 EPS for the quarter, beating the consensus estimate of $1.89 by $0.01. IDEX had a return on equity of 15.92% and a net margin of 15.35%. The firm had revenue of $798.20 million during the quarter, compared to analyst estimates of $793.05 million. During the same period in the prior year, the firm posted $2.12 earnings per share. The business’s quarterly revenue was up .6% compared to the same quarter last year.

Institutional Investors Weigh In On IDEX

Hedge funds and other institutional investors have recently bought and sold shares of the business. O Shaughnessy Asset Management LLC lifted its stake in IDEX by 33.4% during the first quarter. O Shaughnessy Asset Management LLC now owns 2,752 shares of the industrial products company’s stock worth $672,000 after purchasing an additional 689 shares during the last quarter. Bessemer Group Inc. boosted its holdings in shares of IDEX by 7.5% in the 1st quarter. Bessemer Group Inc. now owns 1,179 shares of the industrial products company’s stock valued at $287,000 after buying an additional 82 shares during the period. Lake Street Advisors Group LLC bought a new stake in shares of IDEX during the 1st quarter valued at about $243,000. CANADA LIFE ASSURANCE Co raised its stake in IDEX by 2.3% during the first quarter. CANADA LIFE ASSURANCE Co now owns 54,449 shares of the industrial products company’s stock worth $13,294,000 after acquiring an additional 1,229 shares during the period. Finally, Natixis lifted its holdings in IDEX by 734.5% in the first quarter. Natixis now owns 943 shares of the industrial products company’s stock worth $230,000 after acquiring an additional 830 shares during the last quarter. 97.96% of the stock is currently owned by hedge funds and other institutional investors.

IDEX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be given a $0.69 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $2.76 dividend on an annualized basis and a yield of 1.19%. IDEX’s payout ratio is currently 42.72%.

IDEX Company Profile

IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries.