Jefferies Financial Group Inc. Invests $9.90 Million in IDEX Corporation $IEX

Jefferies Financial Group Inc. bought a new position in IDEX Corporation (NYSE:IEX) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 43,616 shares of the industrial products company’s stock, valued at approximately $9,899,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IEX. Public Employees Retirement System of Ohio purchased a new stake in IDEX during the second quarter valued at about $5,202,000. MASTERINVEST Kapitalanlage GmbH purchased a new position in shares of IDEX in the 2nd quarter worth about $269,000. Proficio Capital Partners LLC purchased a new position in shares of IDEX in the 2nd quarter worth about $281,000. Transamerica Financial Advisors LLC acquired a new position in shares of IDEX in the 2nd quarter valued at about $49,000. Finally, Corient Private Wealth LP acquired a new position in shares of IDEX in the 2nd quarter valued at about $48,928,000. Institutional investors and hedge funds own 97.96% of the company’s stock.

More IDEX News

Here are the key news stories impacting IDEX this week:

• Positive Sentiment: Zacks Research raised several EPS estimates, including forecasts for fiscal 2026, fiscal 2027, fiscal 2028, Q4 2026, Q1 2027, Q4 2027, Q1 2028 and Q2 2028. The fiscal 2028 estimate increased to $10.54 from $10.45, while the fiscal 2027 forecast rose to $9.26 from $9.21, signaling improving longer-term earnings expectations.
• Positive Sentiment: Analysts remain cautiously optimistic about IDEX’s prospects, and the company has outperformed the broader market over the past year. The latest consensus forecast calls for approximately $8.82 in current-year EPS, compared with the company’s guidance range of $8.70 to $8.85. Are Wall Street Analysts Predicting IDEX Stock Will Climb or Sink?
• Neutral Sentiment: The stock is trading near its 52-week high and above both its 50-day and 200-day moving averages, reflecting strong momentum. However, its price-to-earnings ratio of about 33.7 suggests investors are already paying a premium for expected growth, which may limit additional gains without further earnings upgrades.
• Negative Sentiment: Zacks Research slightly reduced its Q3 2026 EPS forecast to $2.19 from $2.20. Although the change is minor and remains close to the broader outlook, it provides a modest near-term headwind and may contribute to investor caution.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on IEX. Weiss Ratings raised shares of IDEX from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 30th. Stifel Nicolaus lifted their price target on shares of IDEX from $257.00 to $268.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. DA Davidson boosted their price objective on shares of IDEX from $230.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Robert W. Baird set a $257.00 price objective on shares of IDEX in a research report on Thursday, April 30th. Finally, Mizuho raised shares of IDEX from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $210.00 to $280.00 in a research report on Tuesday, August 11th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, IDEX has a consensus rating of “Moderate Buy” and a consensus price target of $260.80.

Insider Transactions at IDEX

In other news, CAO Lisa M. Anderson sold 385 shares of IDEX stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $238.59, for a total transaction of $91,857.15. Following the sale, the chief accounting officer owned 4,327 shares in the company, valued at $1,032,378.93. This trade represents a 8.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.50% of the stock is owned by company insiders.

IDEX Trading Down 0.4%

Shares of IEX opened at $234.00 on Friday. IDEX Corporation has a 12 month low of $158.19 and a 12 month high of $243.80. The stock’s 50-day moving average is $228.63 and its two-hundred day moving average is $213.63. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.05 and a quick ratio of 2.15. The stock has a market cap of $17.25 billion, a PE ratio of 33.67, a P/E/G ratio of 2.22 and a beta of 0.98.

IDEX (NYSE:IEX) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.11 by $0.21. The business had revenue of $920.60 million during the quarter, compared to analyst estimates of $905.38 million. IDEX had a return on equity of 15.69% and a net margin of 14.49%.The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the firm earned $2.07 earnings per share. IDEX has set its FY 2026 guidance at 8.700-8.850 EPS and its Q3 2026 guidance at 2.200-2.250 EPS. Equities analysts forecast that IDEX Corporation will post 8.82 earnings per share for the current fiscal year.

IDEX Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 6th were given a $0.73 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $2.92 annualized dividend and a yield of 1.2%. IDEX’s dividend payout ratio (DPR) is 42.01%.

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.