DA Davidson Comments on IDEX's Q3 Earnings (NYSE:IEX)

Key Points

• Analysts from DA Davidson predict IDEX Corporation will report Q3 earnings of $1.92 EPS with a price target of $180.00, maintaining a "Neutral" rating.
• IDEX recently surpassed earnings estimates with a reported $2.07 EPS for the last quarter, alongside revenue of $865.40 million, an increase of 7.2% year-over-year.
• The company has declared a quarterly dividend of $0.71 per share, representing an annualized yield of 1.8%, with a payout ratio of 45.88%.

IDEX Corporation (NYSE:IEX - Free Report) - Research analysts at DA Davidson issued their Q3 2025 EPS estimates for shares of IDEX in a research note issued on Tuesday, August 5th. DA Davidson analyst M. Summerville expects that the industrial products company will post earnings of $1.92 per share for the quarter. DA Davidson currently has a "Neutral" rating and a $180.00 price target on the stock. The consensus estimate for IDEX's current full-year earnings is $8.26 per share. DA Davidson also issued estimates for IDEX's FY2025 earnings at $7.90 EPS and FY2026 earnings at $8.65 EPS.

IDEX (NYSE:IEX - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The industrial products company reported $2.07 EPS for the quarter, topping the consensus estimate of $2.00 by $0.07. IDEX had a return on equity of 15.16% and a net margin of 14.05%. The business had revenue of $865.40 million for the quarter, compared to analyst estimates of $858.59 million. During the same quarter in the prior year, the firm posted $2.06 EPS. The business's quarterly revenue was up 7.2% compared to the same quarter last year.

A number of other equities research analysts have also recently weighed in on IEX. Citigroup boosted their price target on shares of IDEX from $208.00 to $216.00 and gave the company a "buy" rating in a research report on Monday, July 14th. Mizuho set a $185.00 price target on shares of IDEX in a research note on Friday, May 16th. Royal Bank Of Canada cut their price objective on IDEX from $207.00 to $200.00 and set an "outperform" rating on the stock in a report on Thursday, July 31st. Robert W. Baird set a $215.00 price target on shares of IDEX in a report on Friday, May 2nd. Finally, Oppenheimer decreased their price target on IDEX from $224.00 to $212.00 and set an "outperform" rating for the company in a research note on Thursday, July 31st. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $201.71.

IDEX Trading Down 0.2%

IEX stock traded down $0.29 during mid-day trading on Wednesday, hitting $158.24. 639,104 shares of the company were exchanged, compared to its average volume of 839,740. The business has a fifty day simple moving average of $177.30 and a 200-day simple moving average of $183.22. IDEX has a 12-month low of $153.36 and a 12-month high of $238.22. The firm has a market capitalization of $11.91 billion, a P/E ratio of 25.56, a PEG ratio of 1.67 and a beta of 1.04. The company has a quick ratio of 2.13, a current ratio of 3.05 and a debt-to-equity ratio of 0.46.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Banque de Luxembourg S.A. purchased a new position in shares of IDEX during the fourth quarter worth about $27,000. MassMutual Private Wealth & Trust FSB boosted its position in shares of IDEX by 81.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 143 shares of the industrial products company's stock valued at $26,000 after buying an additional 64 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of IDEX by 257.5% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 143 shares of the industrial products company's stock valued at $25,000 after purchasing an additional 103 shares during the period. American National Bank & Trust bought a new stake in IDEX during the second quarter worth approximately $25,000. Finally, UMB Bank n.a. raised its stake in shares of IDEX by 63.5% during the first quarter. UMB Bank n.a. now owns 224 shares of the industrial products company's stock valued at $41,000 after acquiring an additional 87 shares in the last quarter. 97.96% of the stock is owned by institutional investors.

Insider Buying and Selling at IDEX

In other news, CFO Akhil Mahendra sold 250 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $180.89, for a total transaction of $45,222.50. Following the transaction, the chief financial officer directly owned 5,035 shares in the company, valued at $910,781.15. The trade was a 4.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.50% of the stock is owned by company insiders.

IDEX Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 25th. Stockholders of record on Friday, July 11th were issued a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, July 11th. IDEX's dividend payout ratio is 45.88%.

About IDEX

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.