Zacks Research Comments on IDEX’s FY2026 Earnings (NYSE:IEX)

IDEX Co. (NYSE:IEX) – Equities researchers at Zacks Research decreased their FY2026 earnings per share estimates for shares of IDEX in a research note issued to investors on Monday, January 27th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings per share of $9.22 for the year, down from their previous estimate of $9.24. The consensus estimate for IDEX’s current full-year earnings is $7.89 per share.

Other equities research analysts have also issued research reports about the stock. Royal Bank of Canada increased their price objective on shares of IDEX from $248.00 to $258.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Citigroup lowered their price target on IDEX from $269.00 to $267.00 and set a “buy” rating for the company in a report on Monday, January 13th. Stifel Nicolaus boosted their price objective on IDEX from $244.00 to $256.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Finally, Robert W. Baird lowered their target price on IDEX from $245.00 to $241.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $242.86.

IDEX Stock Down 0.9 %

IEX opened at $219.23 on Thursday. The company has a market cap of $16.60 billion, a PE ratio of 33.94, a price-to-earnings-growth ratio of 2.17 and a beta of 0.97. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.11 and a current ratio of 2.97. IDEX has a 1 year low of $189.51 and a 1 year high of $246.36. The firm has a 50 day moving average price of $219.14 and a 200 day moving average price of $211.68.

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

IDEX Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be paid a dividend of $0.69 per share. 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 1.26%. IDEX’s dividend payout ratio (DPR) is presently 42.72%.

Hedge Funds Weigh In On IDEX

A number of institutional investors have recently made changes to their positions in the business. Vontobel Holding Ltd. raised its holdings in IDEX by 69.9% in the fourth quarter. Vontobel Holding Ltd. now owns 28,975 shares of the industrial products company’s stock valued at $6,064,000 after acquiring an additional 11,925 shares in the last quarter. Asset Management One Co. Ltd. raised its stake in shares of IDEX by 4.2% in the 4th quarter. Asset Management One Co. Ltd. now owns 30,250 shares of the industrial products company’s stock valued at $6,386,000 after purchasing an additional 1,209 shares in the last quarter. WCM Investment Management LLC bought a new position in shares of IDEX during the fourth quarter worth about $215,000. Empowered Funds LLC grew its stake in IDEX by 22.9% in the fourth quarter. Empowered Funds LLC now owns 1,592 shares of the industrial products company’s stock worth $333,000 after purchasing an additional 297 shares in the last quarter. Finally, Vest Financial LLC increased its holdings in IDEX by 61.2% in the fourth quarter. Vest Financial LLC now owns 11,530 shares of the industrial products company’s stock valued at $2,413,000 after buying an additional 4,376 shares during the last quarter. 97.96% of the stock is owned by institutional investors and hedge funds.

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.