IDEX (NYSE:IEX) Now Covered by Analysts at BMO Capital Markets

BMO Capital Markets initiated coverage on shares of IDEX (NYSE:IEX) in a report released on Friday morning, MarketBeat.com reports. The firm issued a market perform rating and a $214.00 target price on the industrial products company’s stock.

Several other analysts have also commented on IEX. TD Cowen increased their price target on shares of IDEX from $200.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Oppenheimer reiterated an “outperform” rating and set a $230.00 price objective on shares of IDEX in a research note on Thursday, February 5th. Robert W. Baird set a $247.00 target price on shares of IDEX in a research report on Thursday, February 5th. DA Davidson lifted their price target on shares of IDEX from $180.00 to $195.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Finally, Argus raised IDEX from a “hold” rating to a “buy” rating and set a $240.00 price target on the stock in a research report on Friday, February 6th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, IDEX presently has an average rating of “Moderate Buy” and an average target price of $226.80.

IDEX Stock Performance

Shares of NYSE:IEX opened at $186.68 on Friday. The firm has a 50 day moving average of $200.49 and a 200 day moving average of $181.41. The company has a quick ratio of 2.02, a current ratio of 2.86 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $13.88 billion, a price-to-earnings ratio of 29.12, a price-to-earnings-growth ratio of 1.92 and a beta of 0.98. IDEX has a 52 week low of $153.36 and a 52 week high of $217.15.

IDEX (NYSE:IEX) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.06. The business had revenue of $899.10 million for the quarter, compared to the consensus estimate of $882.00 million. IDEX had a return on equity of 15.03% and a net margin of 13.98%.The business’s revenue was up 4.2% compared to the same quarter last year. During the same period last year, the business posted $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. On average, sell-side analysts predict that IDEX will post 8.26 earnings per share for the current fiscal year.

Institutional Investors Weigh In On IDEX

A number of large investors have recently made changes to their positions in the stock. Empowered Funds LLC raised its stake in IDEX by 3.4% in the 1st quarter. Empowered Funds LLC now owns 1,646 shares of the industrial products company’s stock worth $298,000 after acquiring an additional 54 shares during the last quarter. Cromwell Holdings LLC increased its holdings in shares of IDEX by 41.1% in the fourth quarter. Cromwell Holdings LLC now owns 199 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 58 shares during the period. Mackenzie Financial Corp increased its holdings in shares of IDEX by 2.8% in the fourth quarter. Mackenzie Financial Corp now owns 2,562 shares of the industrial products company’s stock valued at $458,000 after purchasing an additional 70 shares during the period. UMB Bank n.a. raised its stake in shares of IDEX by 61.0% in the third quarter. UMB Bank n.a. now owns 198 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 75 shares during the last quarter. Finally, Bessemer Group Inc. raised its stake in shares of IDEX by 16.6% in the third quarter. Bessemer Group Inc. now owns 577 shares of the industrial products company’s stock worth $94,000 after purchasing an additional 82 shares during the last quarter. 97.96% of the stock is owned by hedge funds and other institutional investors.

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.