TD Asset Management Inc Has $11.20 Million Stock Holdings in IDEX Corporation $IEX

TD Asset Management Inc reduced its stake in IDEX Corporation (NYSE:IEX) by 47.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,826 shares of the industrial products company’s stock after selling 61,575 shares during the period. TD Asset Management Inc owned approximately 0.09% of IDEX worth $11,202,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Assetmark Inc. grew its position in IDEX by 235.5% during the 2nd quarter. Assetmark Inc. now owns 1,899 shares of the industrial products company’s stock worth $333,000 after acquiring an additional 1,333 shares during the last quarter. Nuance Investments LLC increased its stake in shares of IDEX by 102.3% in the third quarter. Nuance Investments LLC now owns 162,594 shares of the industrial products company’s stock valued at $26,464,000 after buying an additional 82,223 shares in the last quarter. Nordea Investment Management AB raised its holdings in shares of IDEX by 193.6% in the third quarter. Nordea Investment Management AB now owns 2,364,312 shares of the industrial products company’s stock valued at $382,049,000 after buying an additional 1,559,124 shares during the last quarter. Robeco Schweiz AG lifted 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 buying an additional 33,752 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings in IDEX by 70.1% during the 2nd quarter. SG Americas Securities LLC now owns 15,636 shares of the industrial products company’s stock worth $2,745,000 after acquiring an additional 6,443 shares during the last quarter. Institutional investors own 97.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on IEX. Argus raised shares of IDEX from a “hold” rating to a “buy” rating and set a $240.00 price target for the company in a report on Friday, February 6th. Robert W. Baird set a $247.00 target price on IDEX in a research report on Thursday, February 5th. TD Cowen raised their price target on IDEX from $200.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Stifel Nicolaus upped their target price on shares of IDEX from $200.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Finally, Citigroup lifted their price target on shares of IDEX from $202.00 to $243.00 and gave the stock a “buy” rating 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’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $228.22.

IDEX Stock Performance

Shares of IEX stock opened at $209.06 on Monday. 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 Corporation has a 52 week low of $153.36 and a 52 week high of $217.15. The company’s 50 day moving average price is $196.09 and its two-hundred day moving average price is $177.49. The company has a market capitalization of $15.54 billion, a P/E ratio of 32.61, a price-to-earnings-growth ratio of 2.11 and a beta of 0.98.

IDEX (NYSE:IEX) last posted 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. IDEX had a return on equity of 15.03% and a net margin of 13.98%.The company 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 firm earned $2.04 earnings per share. IDEX’s revenue for the quarter was up 4.2% compared to the same quarter last year. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS. On average, analysts expect that IDEX Corporation will post 8.26 earnings per share for the current fiscal year.

IDEX 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.