Fjarde AP Fonden Fourth Swedish National Pension Fund Acquires 12,750 Shares of IDEX Corporation $IEX

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in IDEX Corporation (NYSE:IEX) by 40.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,057 shares of the industrial products company’s stock after purchasing an additional 12,750 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in IDEX were worth $8,351,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. GoalVest Advisory LLC acquired a new stake in shares of IDEX in the fourth quarter valued at approximately $26,000. Laurel Wealth Advisors LLC acquired a new stake in IDEX during the fourth quarter worth approximately $27,000. SJS Investment Consulting Inc. grew its position in IDEX by 104.1% during the first quarter. SJS Investment Consulting Inc. now owns 149 shares of the industrial products company’s stock worth $28,000 after buying an additional 76 shares in the last quarter. Cromwell Holdings LLC increased its stake in IDEX by 41.1% during the 4th quarter. Cromwell Holdings LLC now owns 199 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 58 shares during the period. Finally, CYBER HORNET ETFs LLC bought a new position in IDEX during the 2nd quarter worth $35,000. Institutional investors own 97.96% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Robert W. Baird set a $257.00 target price on IDEX in a research report on Thursday, April 30th. Stifel Nicolaus set a $250.00 target price on IDEX in a report on Thursday, April 30th. Citigroup raised their price target on IDEX from $243.00 to $252.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Oppenheimer reaffirmed an “outperform” rating and issued a $250.00 price target (up from $242.00) on shares of IDEX in a research note on Tuesday, June 2nd. Finally, Seaport Research Partners reaffirmed a “buy” rating and set a $250.00 price objective on shares of IDEX in a research report on Tuesday, May 5th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $241.11.

IDEX Stock Performance

Shares of NYSE:IEX opened at $224.26 on Friday. IDEX Corporation has a 1 year low of $157.25 and a 1 year high of $230.18. The stock has a market capitalization of $16.60 billion, a price-to-earnings ratio of 33.17, a price-to-earnings-growth ratio of 2.20 and a beta of 0.98. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.39 and a quick ratio of 2.40. The company’s 50 day simple moving average is $216.05 and its 200 day simple moving average is $202.37.

IDEX (NYSE:IEX) last released its earnings results on Wednesday, April 29th. The industrial products company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.22. The firm had revenue of $886.90 million during the quarter, compared to analysts’ expectations of $845.58 million. IDEX had a return on equity of 15.29% and a net margin of 14.38%.The company’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.75 earnings per share. 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, research analysts predict that IDEX Corporation will post 8.49 EPS for the current fiscal year.

IDEX Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Monday, July 6th will be given a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Monday, July 6th. IDEX’s dividend payout ratio is currently 43.20%.

Insider Buying and Selling at IDEX

In related news, CEO Eric D. Ashleman sold 15,385 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $215.22, for a total value of $3,311,159.70. Following the sale, the chief executive officer directly owned 66,658 shares of the company’s stock, valued at $14,346,134.76. This trade represents a 18.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.50% of the stock is currently owned by corporate insiders.

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.