Wealth Enhancement Advisory Services LLC Has $2.31 Million Stock Position in IDEX Corporation $IEX

Wealth Enhancement Advisory Services LLC boosted its position in shares of IDEX Corporation (NYSE:IEX) by 48.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,545 shares of the industrial products company’s stock after purchasing an additional 4,112 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in IDEX were worth $2,307,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. GoalVest Advisory LLC acquired a new position in IDEX in the fourth quarter valued at about $26,000. Capital A Wealth Management LLC acquired a new position in shares of IDEX during the 2nd quarter worth about $28,000. Loomis Sayles & Co. L P bought a new stake in shares of IDEX in the 2nd quarter valued at about $33,000. UMB Bank n.a. raised its position in shares of IDEX by 61.0% in the 3rd 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. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of IDEX in the 2nd quarter valued at approximately $35,000. Institutional investors own 97.96% of the company’s stock.

IDEX Stock Down 0.9%

Shares of IEX stock opened at $190.28 on Friday. 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 $14.15 billion, a price-to-earnings ratio of 29.68, a PEG ratio of 1.94 and a beta of 0.99. The firm’s 50-day moving average is $199.85 and its 200-day moving average is $182.17. 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 released its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.10 EPS 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 the consensus estimate of $882.00 million. IDEX had a net margin of 13.98% and a return on equity of 15.03%. The company’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the company 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. Sell-side analysts predict that IDEX Corporation will post 8.26 EPS for the current year.

Wall Street Analysts Forecast Growth

IEX has been the topic of several recent analyst reports. Oppenheimer reiterated an “outperform” rating and set a $230.00 target price on shares of IDEX in a report on Thursday, February 5th. DA Davidson lifted their price objective on IDEX from $180.00 to $195.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Citigroup boosted their price objective on IDEX from $202.00 to $243.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Stifel Nicolaus increased their target price on IDEX from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Finally, BMO Capital Markets began coverage on shares of IDEX in a report on Friday, March 27th. They set a “market perform” rating and a $214.00 target price on the stock. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $226.80.

About IDEX

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.