3,083 Shares in IDEX Corporation $IEX Purchased by Element Capital Management LLC

Element Capital Management LLC acquired a new position in shares of IDEX Corporation (NYSE:IEX) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,083 shares of the industrial products company’s stock, valued at approximately $502,000.

A number of other large investors also recently added to or reduced their stakes in IEX. Nuance Investments LLC grew its position in shares of IDEX by 102.3% during the 3rd quarter. Nuance Investments LLC now owns 162,594 shares of the industrial products company’s stock worth $26,464,000 after buying an additional 82,223 shares during the period. Nordea Investment Management AB lifted its holdings in 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 period. Robeco Schweiz AG boosted its stake in IDEX by 14.2% in the third quarter. Robeco Schweiz AG now owns 271,089 shares of the industrial products company’s stock valued at $44,122,000 after acquiring an additional 33,752 shares during the last quarter. SG Americas Securities LLC boosted its stake in IDEX by 70.1% in the second quarter. SG Americas Securities LLC now owns 15,636 shares of the industrial products company’s stock valued at $2,745,000 after acquiring an additional 6,443 shares during the last quarter. Finally, Allstate Corp acquired a new stake in IDEX during the 3rd quarter worth $429,000. 97.96% of the stock is currently owned by institutional investors and hedge funds.

IDEX Trading Down 0.0%

Shares of NYSE IEX opened at $188.11 on Friday. IDEX Corporation has a twelve month low of $153.36 and a twelve month high of $217.15. The stock has a market cap of $13.99 billion, a price-to-earnings ratio of 29.35, a P/E/G ratio of 1.90 and a beta of 0.98. 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’s fifty day moving average is $200.10 and its 200-day moving average is $179.79.

IDEX (NYSE:IEX) last released its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.10 EPS for the quarter, beating analysts’ consensus estimates 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 firm’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior 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 predict that IDEX Corporation will post 8.26 EPS for the current year.

Analyst Ratings Changes

Several brokerages have commented on IEX. Robert W. Baird set a $247.00 target price on shares of IDEX in a research report on Thursday, February 5th. Royal Bank Of Canada lifted their price objective on IDEX from $211.00 to $244.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. TD Cowen upped their price objective on IDEX from $200.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Oppenheimer reissued an “outperform” rating and issued a $230.00 target price on shares of IDEX in a research note on Thursday, February 5th. Finally, DA Davidson raised their target price on IDEX from $180.00 to $195.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, IDEX currently has an average rating of “Moderate Buy” and a consensus target price of $228.22.

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.