Swiss National Bank Has $35.45 Million Holdings in IDEX Corporation $IEX

Swiss National Bank decreased its holdings in IDEX Corporation (NYSE:IEX) by 4.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 217,800 shares of the industrial products company’s stock after selling 10,200 shares during the period. Swiss National Bank’s holdings in IDEX were worth $35,449,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. WINTON GROUP Ltd bought a new stake in IDEX in the 3rd quarter valued at $4,782,000. Russell Investments Group Ltd. boosted its position in IDEX by 44.7% during the third quarter. Russell Investments Group Ltd. now owns 109,700 shares of the industrial products company’s stock worth $17,850,000 after purchasing an additional 33,899 shares during the period. Schroder Investment Management Group increased its holdings in shares of IDEX by 0.3% in the third quarter. Schroder Investment Management Group now owns 316,222 shares of the industrial products company’s stock valued at $51,288,000 after purchasing an additional 1,062 shares during the last quarter. B. Metzler seel. Sohn & Co. AG raised its position in shares of IDEX by 33.1% in the third quarter. B. Metzler seel. Sohn & Co. AG now owns 29,382 shares of the industrial products company’s stock valued at $4,782,000 after purchasing an additional 7,305 shares during the period. Finally, Parallel Advisors LLC raised its position in shares of IDEX by 18.6% in the third quarter. Parallel Advisors LLC now owns 664 shares of the industrial products company’s stock valued at $108,000 after purchasing an additional 104 shares during the period. 97.96% of the stock is currently owned by institutional investors.

IDEX Stock Performance

Shares of IEX stock traded down $1.28 on Friday, hitting $186.83. The company’s stock had a trading volume of 95,420 shares, compared to its average volume of 794,309. IDEX Corporation has a fifty-two week low of $153.36 and a fifty-two week high of $217.15. The company has a market capitalization of $13.89 billion, a PE ratio of 29.08, a PEG ratio of 1.96 and a beta of 0.98. The stock’s 50 day moving average is $199.92 and its 200-day moving average is $179.54. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.02 and a current ratio of 2.86.

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 the consensus estimate of $2.04 by $0.06. The business had revenue of $899.10 million during the quarter, compared to analysts’ expectations of $882.00 million. IDEX had a net margin of 13.98% and a return on equity of 15.03%. The business’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.04 EPS. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS. Equities research analysts expect that IDEX Corporation will post 8.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on the stock. 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 report on Friday, February 6th. Citigroup increased their price target on shares of IDEX from $202.00 to $243.00 and gave the company a “buy” rating in a report on Thursday, February 5th. DA Davidson raised their price objective on shares of IDEX from $180.00 to $195.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. TD Cowen boosted their price objective on IDEX from $200.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, Robert W. Baird set a $247.00 target price on IDEX in a research report on Thursday, February 5th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, IDEX presently has a consensus rating of “Moderate Buy” and a consensus target price of $228.22.

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.