IDEX Corporation $IEX Shares Acquired by Numerai GP LLC

Numerai GP LLC increased its stake in IDEX Corporation (NYSE:IEX) by 19.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,313 shares of the industrial products company’s stock after purchasing an additional 10,114 shares during the quarter. IDEX makes up 1.4% of Numerai GP LLC’s investment portfolio, making the stock its 3rd largest holding. Numerai GP LLC owned about 0.08% of IDEX worth $10,142,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of IEX. Empowered Funds LLC increased its position in shares of IDEX by 3.4% in the first quarter. Empowered Funds LLC now owns 1,646 shares of the industrial products company’s stock worth $298,000 after acquiring an additional 54 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of IDEX by 61.0% during the third quarter. UMB Bank n.a. now owns 198 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 75 shares during the period. Bessemer Group Inc. lifted its position in shares of IDEX by 16.6% in the 3rd quarter. Bessemer Group Inc. now owns 577 shares of the industrial products company’s stock valued at $94,000 after acquiring an additional 82 shares in the last quarter. Verdence Capital Advisors LLC lifted its position in shares of IDEX by 5.4% in the 3rd quarter. Verdence Capital Advisors LLC now owns 1,864 shares of the industrial products company’s stock valued at $312,000 after acquiring an additional 96 shares in the last quarter. Finally, Equitable Trust Co. boosted its stake in IDEX by 8.1% in the 3rd quarter. Equitable Trust Co. now owns 1,369 shares of the industrial products company’s stock worth $223,000 after purchasing an additional 102 shares during the period. 97.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on IEX. Citigroup boosted their target price on shares of IDEX from $202.00 to $243.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. TD Cowen lifted their price target on IDEX from $200.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Argus raised IDEX from a “hold” rating to a “buy” rating and set a $240.00 price target on the stock in a research report on Friday, February 6th. DA Davidson increased their price objective on IDEX from $180.00 to $195.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Finally, Oppenheimer restated an “outperform” rating and set a $230.00 price objective on shares of IDEX in a research report on Thursday, February 5th. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $228.22.

IDEX Trading Up 0.7%

Shares of NYSE IEX opened at $189.47 on Tuesday. The business has a 50 day simple moving average of $200.27 and a 200 day simple moving average of $180.05. IDEX Corporation has a 52 week low of $153.36 and a 52 week high of $217.15. The stock has a market cap of $14.09 billion, a price-to-earnings ratio of 29.56, a PEG ratio of 1.90 and a beta of 0.98. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.02 and a current ratio of 2.86.

IDEX (NYSE:IEX) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.06. The firm had revenue of $899.10 million for the quarter, compared to analyst estimates of $882.00 million. IDEX had a net margin of 13.98% and a return on equity of 15.03%. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter last year, the firm 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. On average, research analysts predict that IDEX Corporation will post 8.26 earnings per share for the current fiscal year.

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.