Seaport Res Ptn Issues Negative Forecast for IDEX Earnings

IDEX Co. (NYSE:IEX - Free Report) - Equities research analysts at Seaport Res Ptn reduced their Q2 2025 earnings estimates for shares of IDEX in a research note issued to investors on Monday, May 5th. Seaport Res Ptn analyst W. Liptak now forecasts that the industrial products company will earn $1.92 per share for the quarter, down from their previous forecast of $2.21. The consensus estimate for IDEX's current full-year earnings is $8.26 per share. Seaport Res Ptn also issued estimates for IDEX's Q3 2025 earnings at $2.24 EPS, Q4 2025 earnings at $2.42 EPS, Q1 2026 earnings at $1.88 EPS, Q3 2026 earnings at $2.33 EPS and FY2026 earnings at $8.78 EPS.

A number of other equities analysts also recently issued reports on the company. Royal Bank of Canada raised their price target on IDEX from $206.00 to $208.00 and gave the stock an "outperform" rating in a research note on Friday, May 2nd. Robert W. Baird set a $215.00 price target on shares of IDEX in a report on Friday, May 2nd. Stifel Nicolaus boosted their target price on shares of IDEX from $192.00 to $208.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. Citigroup dropped their price objective on IDEX from $264.00 to $201.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Mizuho set a $175.00 price target on IDEX in a research note on Tuesday, April 22nd. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $211.25.

IDEX Stock Down 0.7 %

NYSE IEX traded down $1.25 during trading hours on Wednesday, reaching $183.40. 383,458 shares of the company's stock traded hands, compared to its average volume of 576,282. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.53 and a quick ratio of 1.85. The firm has a 50-day simple moving average of $176.39 and a 200 day simple moving average of $201.23. IDEX has a 52-week low of $153.36 and a 52-week high of $238.22. The firm has a market cap of $13.85 billion, a PE ratio of 27.58, a PEG ratio of 1.98 and a beta of 1.07.

IDEX (NYSE:IEX - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The industrial products company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.64 by $0.11. IDEX had a return on equity of 16.08% and a net margin of 15.45%. The firm had revenue of $814.30 million for the quarter, compared to the consensus estimate of $807.25 million. During the same quarter in the previous year, the business earned $1.88 earnings per share. The company's quarterly revenue was up 1.7% on a year-over-year basis.

IDEX Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Monday, May 19th will be given a dividend of $0.71 per share. This is a boost from IDEX's previous quarterly dividend of $0.69. This represents a $2.84 annualized dividend and a dividend yield of 1.55%. The ex-dividend date of this dividend is Monday, May 19th. IDEX's payout ratio is 43.74%.

Institutional Trading of IDEX

Hedge funds and other institutional investors have recently made changes to their positions in the company. Barclays PLC increased its position in IDEX by 1.2% during the 3rd quarter. Barclays PLC now owns 1,177,645 shares of the industrial products company's stock worth $252,603,000 after purchasing an additional 14,360 shares during the period. Tidal Investments LLC boosted its stake in shares of IDEX by 9.3% during the third quarter. Tidal Investments LLC now owns 5,428 shares of the industrial products company's stock valued at $1,164,000 after acquiring an additional 460 shares during the last quarter. Franklin Resources Inc. increased its position in IDEX by 1.0% during the 3rd quarter. Franklin Resources Inc. now owns 203,412 shares of the industrial products company's stock worth $43,390,000 after purchasing an additional 1,930 shares in the last quarter. Principal Financial Group Inc. boosted its position in IDEX by 3.0% during the third quarter. Principal Financial Group Inc. now owns 95,836 shares of the industrial products company's stock worth $20,557,000 after acquiring an additional 2,820 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of IDEX by 416.0% in the fourth quarter. GAMMA Investing LLC now owns 614 shares of the industrial products company's stock valued at $129,000 after purchasing an additional 495 shares during the period. Institutional investors and hedge funds own 97.96% of the company's stock.

IDEX Company Profile

IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries.