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

IDEX Co. (NYSE:IEXFree Report) – 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.

Get Our Latest Stock Report on IEX

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:IEXGet Free Report) 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

(Get Free Report)

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.

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Earnings History and Estimates for IDEX (NYSE:IEX)

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