IDEX Corporation $IEX Shares Sold by Maren Capital LLC

Maren Capital LLC lessened its holdings in IDEX Corporation (NYSE:IEX) by 13.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 214,994 shares of the industrial products company’s stock after selling 33,914 shares during the quarter. IDEX comprises approximately 2.1% of Maren Capital LLC’s investment portfolio, making the stock its 15th largest holding. Maren Capital LLC’s holdings in IDEX were worth $38,256,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of IEX. GoalVest Advisory LLC purchased a new position in shares of IDEX during the 4th quarter valued at approximately $26,000. Laurel Wealth Advisors LLC purchased a new position in shares of IDEX during the 4th quarter valued at approximately $27,000. Cromwell Holdings LLC increased its holdings in shares of IDEX by 41.1% during the 4th 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 in the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of IDEX during the 2nd quarter valued at approximately $35,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of IDEX during the 2nd quarter valued at approximately $39,000. Institutional investors and hedge funds own 97.96% of the company’s stock.

Insider Transactions at IDEX

In related news, CEO Eric D. Ashleman sold 15,385 shares of IDEX stock in a transaction on Monday, May 11th. The shares were sold at an average price of $215.22, for a total value of $3,311,159.70. Following the sale, the chief executive officer owned 66,658 shares of the company’s stock, valued at approximately $14,346,134.76. This trade represents a 18.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Oppenheimer reaffirmed an “outperform” rating and set a $250.00 target price (up from $242.00) on shares of IDEX in a report on Tuesday, June 2nd. Robert W. Baird set a $257.00 target price on shares of IDEX in a report on Thursday, April 30th. Royal Bank Of Canada lifted their target price on shares of IDEX from $225.00 to $252.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Seaport Research Partners reaffirmed a “buy” rating and set a $250.00 target price on shares of IDEX in a report on Tuesday, May 5th. Finally, Stifel Nicolaus set a $250.00 target price on shares of IDEX in a report on Thursday, April 30th. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $241.11.

IDEX Price Performance

IDEX stock opened at $218.12 on Monday. The company’s fifty day moving average price is $208.47 and its 200 day moving average price is $197.41. IDEX Corporation has a 1 year low of $157.25 and a 1 year high of $223.94. The stock has a market capitalization of $16.14 billion, a P/E ratio of 32.27, a P/E/G ratio of 2.14 and a beta of 1.00. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.40 and a current ratio of 3.39.

IDEX (NYSE:IEX) last released its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $2.00 earnings per share (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 firm had revenue of $886.90 million for the quarter, compared to analysts’ expectations of $845.58 million. During the same quarter last year, the company earned $1.75 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts anticipate that IDEX Corporation will post 8.49 earnings per share for the current fiscal year.

IDEX Increases Dividend

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

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.