IDEX Corporation (NYSE:IEX) Given Average Rating of “Moderate Buy” by Analysts

IDEX Corporation (NYSE:IEX) has been given an average rating of “Moderate Buy” by the eight analysts that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $228.2222.

Several research firms have commented on IEX. DA Davidson increased their price target on shares of IDEX from $180.00 to $195.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Oppenheimer reaffirmed an “outperform” rating and issued a $230.00 price objective on shares of IDEX in a research report on Thursday, February 5th. Stifel Nicolaus boosted their price objective on shares of IDEX from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Argus raised shares of IDEX from a “hold” rating to a “buy” rating and set a $240.00 target price for the company in a research report on Friday, February 6th. Finally, Royal Bank Of Canada lifted their price target on shares of IDEX from $211.00 to $244.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Nuance Investments LLC raised its position in shares of IDEX by 102.3% in the 3rd quarter. Nuance Investments LLC now owns 162,594 shares of the industrial products company’s stock valued at $26,464,000 after purchasing an additional 82,223 shares during the last quarter. Nordea Investment Management AB grew its position in IDEX by 193.6% during the 3rd quarter. Nordea Investment Management AB now owns 2,364,312 shares of the industrial products company’s stock worth $382,049,000 after purchasing an additional 1,559,124 shares during the last quarter. Robeco Schweiz AG grew its position in IDEX by 14.2% during the 3rd quarter. Robeco Schweiz AG now owns 271,089 shares of the industrial products company’s stock worth $44,122,000 after purchasing an additional 33,752 shares during the last quarter. Allstate Corp acquired a new position in IDEX during the 3rd quarter valued at approximately $429,000. Finally, ING Groep NV purchased a new position in shares of IDEX in the third quarter worth $887,000. 97.96% of the stock is currently owned by hedge funds and other institutional investors.

IDEX Trading Down 1.0%

IEX opened at $189.67 on Friday. The firm has a market cap of $14.10 billion, a price-to-earnings ratio of 29.59, a PEG ratio of 1.94 and a beta of 0.98. The company has a current ratio of 2.86, a quick ratio of 2.02 and a debt-to-equity ratio of 0.45. IDEX has a 12 month low of $153.36 and a 12 month high of $217.15. The stock has a fifty day moving average price of $200.71 and a 200-day moving average price of $181.26.

IDEX (NYSE:IEX) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.06. IDEX had a return on equity of 15.03% and a net margin of 13.98%.The firm had revenue of $899.10 million during the quarter, compared to analysts’ expectations of $882.00 million. During the same period in the prior year, the business posted $2.04 EPS. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS. As a group, equities research analysts anticipate that IDEX will post 8.26 earnings per share for the current fiscal year.

IDEX Company 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.