IDEX Corporation (NYSE:IEX) Given Consensus Rating of “Moderate Buy” by Analysts

IDEX Corporation (NYSE:IEX) has been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $228.2222.

A number of equities analysts have weighed in on IEX shares. Robert W. Baird set a $247.00 target price on 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 research note on Thursday, February 5th. TD Cowen boosted their price objective on shares of IDEX from $200.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Stifel Nicolaus increased their price objective on shares of IDEX from $200.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Finally, Argus upgraded shares of IDEX from a “hold” rating to a “buy” rating and set a $240.00 target price on the stock in a report on Friday, February 6th.

IDEX Stock Performance

Shares of IEX opened at $187.29 on Friday. The company has a market cap of $13.92 billion, a price-to-earnings ratio of 29.22, a P/E/G ratio of 1.92 and a beta of 0.98. The business’s fifty day simple moving average is $200.64 and its two-hundred day simple moving average is $180.35. IDEX has a 12 month low of $153.36 and a 12 month high of $217.15. The company has a current ratio of 2.86, a quick ratio of 2.02 and a debt-to-equity ratio of 0.45.

IDEX (NYSE:IEX) last posted its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.06. The firm had revenue of $899.10 million during the quarter, compared to analysts’ expectations of $882.00 million. IDEX had a return on equity of 15.03% and a net margin of 13.98%.The company’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.04 earnings per share. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS. Research analysts anticipate that IDEX will post 8.26 earnings per share for the current fiscal year.

Institutional Trading of IDEX

Large investors have recently modified their holdings of the company. Empowered Funds LLC lifted its holdings in IDEX by 3.4% in the first quarter. Empowered Funds LLC now owns 1,646 shares of the industrial products company’s stock valued at $298,000 after acquiring an additional 54 shares during the period. Police & Firemen s Retirement System of New Jersey increased its position in shares of IDEX by 4.4% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 11,463 shares of the industrial products company’s stock valued at $2,013,000 after purchasing an additional 485 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of IDEX by 7.0% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,528 shares of the industrial products company’s stock valued at $3,253,000 after purchasing an additional 1,211 shares during the last quarter. Creative Planning lifted its stake in shares of IDEX by 89.4% in the 2nd quarter. Creative Planning now owns 12,125 shares of the industrial products company’s stock worth $2,129,000 after purchasing an additional 5,724 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in shares of IDEX by 14.0% in the second quarter. Cetera Investment Advisers now owns 5,308 shares of the industrial products company’s stock worth $932,000 after buying an additional 653 shares during the last quarter. Institutional investors own 97.96% of the company’s stock.

IDEX Company 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.