Inceptionr LLC Acquires New Position in IDEX Corporation $IEX

Inceptionr LLC bought a new position in IDEX Corporation (NYSE:IEX) in the first quarter, Holdings Channel reports. The institutional investor bought 3,677 shares of the industrial products company’s stock, valued at approximately $697,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new stake in shares of IDEX in the 4th quarter worth approximately $27,000. SJS Investment Consulting Inc. grew its holdings in shares of IDEX by 104.1% during the 1st quarter. SJS Investment Consulting Inc. now owns 149 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 76 shares during the last quarter. Cromwell Holdings LLC grew 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 during the last quarter. CYBER HORNET ETFs LLC purchased a new position in IDEX in the 2nd quarter worth $35,000. Finally, Root Financial Partners LLC raised its position in IDEX by 57.6% in the 1st quarter. Root Financial Partners LLC now owns 208 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 76 shares during the period. 97.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on IEX. BMO Capital Markets assumed coverage on shares of IDEX in a research report on Friday, March 27th. They set a “market perform” rating and a $214.00 price target for the company. Weiss Ratings upgraded IDEX from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. TD Cowen lifted their price target on IDEX from $250.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Seaport Research Partners reissued a “buy” rating and set a $250.00 price objective on shares of IDEX in a research note on Tuesday, May 5th. Finally, Stifel Nicolaus raised their target price on shares of IDEX from $250.00 to $257.00 and gave the stock a “buy” rating in a report on Monday. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, IDEX currently has an average rating of “Moderate Buy” and an average price target of $244.00.

IDEX Stock Up 0.4%

Shares of NYSE:IEX opened at $223.13 on Friday. The stock’s 50-day moving average is $219.14 and its 200 day moving average is $206.95. The company has a market cap of $16.51 billion, a PE ratio of 33.01, a P/E/G ratio of 2.18 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. IDEX Corporation has a 1 year low of $157.25 and a 1 year high of $231.70.

IDEX (NYSE:IEX) last released its quarterly earnings data 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 business 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 business’s revenue was up 8.9% on a year-over-year basis. During the same quarter last year, the business posted $1.75 EPS. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. Sell-side analysts anticipate that IDEX Corporation will post 8.48 EPS for the current year.

IDEX Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 6th were paid a $0.73 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $2.92 dividend on an annualized basis and a yield of 1.3%. IDEX’s dividend payout ratio (DPR) is presently 43.20%.

Insiders Place Their Bets

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