IDEX Corporation $IEX Shares Bought by Graham Capital Management L.P.

Graham Capital Management L.P. boosted its stake in shares of IDEX Corporation (NYSE:IEX) by 2,499.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 47,105 shares of the industrial products company’s stock after acquiring an additional 45,293 shares during the period. Graham Capital Management L.P. owned about 0.06% of IDEX worth $8,382,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in IEX. GoalVest Advisory LLC acquired a new position in IDEX during the fourth quarter worth $26,000. Laurel Wealth Advisors LLC acquired a new position in IDEX during the fourth quarter worth $27,000. Cromwell Holdings LLC raised its position in IDEX by 41.1% during the fourth quarter. Cromwell Holdings LLC now owns 199 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 58 shares during the period. CYBER HORNET ETFs LLC acquired a new position in IDEX during the second quarter worth $35,000. Finally, MUFG Securities EMEA plc acquired a new position in IDEX during the second quarter worth $39,000. 97.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at IDEX

In related news, CEO Eric D. Ashleman sold 15,385 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $215.22, for a total transaction of $3,311,159.70. Following the completion of the sale, the chief executive officer directly owned 66,658 shares in the company, valued at approximately $14,346,134.76. This trade represents a 18.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on IEX. Citigroup upped their price objective on shares of IDEX from $243.00 to $252.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Seaport Research Partners reiterated a “buy” rating and issued a $250.00 target price on shares of IDEX in a research report on Tuesday, May 5th. TD Cowen increased their target price on shares of IDEX from $250.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Royal Bank Of Canada increased their target price on shares of IDEX from $225.00 to $252.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. Finally, Stifel Nicolaus set a $250.00 target price on shares of IDEX in a research report on Thursday, April 30th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $241.11.

IDEX Price Performance

Shares of NYSE IEX opened at $223.66 on Wednesday. The firm has a 50-day simple moving average of $209.77 and a 200-day simple moving average of $198.10. The stock has a market capitalization of $16.55 billion, a price-to-earnings ratio of 33.09, a price-to-earnings-growth ratio of 2.18 and a beta of 1.00. The company has a quick ratio of 2.40, a current ratio of 3.39 and a debt-to-equity ratio of 0.46. IDEX Corporation has a 52 week low of $157.25 and a 52 week high of $226.15.

IDEX (NYSE:IEX) last issued its earnings results on Wednesday, April 29th. The industrial products company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.78 by $0.22. IDEX had a net margin of 14.38% and a return on equity of 15.29%. The business had revenue of $886.90 million during the quarter, compared to analysts’ expectations of $845.58 million. During the same period in the prior year, the business earned $1.75 earnings per share. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. On average, equities analysts predict that IDEX Corporation will post 8.49 earnings per share for the current fiscal year.

IDEX Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were given a dividend of $0.73 per share. The ex-dividend date was Friday, May 22nd. This is an increase from IDEX’s previous quarterly dividend of $0.71. This represents a $2.92 annualized dividend and a yield of 1.3%. IDEX’s dividend payout ratio (DPR) is 43.20%.

About IDEX

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.