Amundi Raises Stock Holdings in IDEX Corporation $IEX

Key Points

• Amundi increased its IDEX stake by 19.6% in the second quarter, acquiring 239,579 additional shares and bringing its holdings to 1.46 million shares worth approximately $331 million. Institutional investors collectively own 97.96% of IDEX.
• IDEX exceeded quarterly expectations, reporting $2.32 in adjusted EPS versus the $2.11 consensus and revenue of $920.6 million, up 6.4% year over year. The company maintained fiscal 2026 EPS guidance of $8.70–$8.85.
• Analysts remain bullish, with eight Buy ratings and two Holds and a consensus price target of $260.80, above the stock’s reported $223.71 opening price. IDEX also pays a quarterly dividend of $0.73 per share, yielding about 1.3% annually.

Amundi lifted its stake in IDEX Corporation (NYSE:IEX - Free Report) by 19.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,458,979 shares of the industrial products company's stock after buying an additional 239,579 shares during the quarter. Amundi owned about 1.98% of IDEX worth $331,017,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in IEX. Optiver Holding B.V. purchased a new position in IDEX during the first quarter valued at approximately $27,000. SJS Investment Consulting Inc. boosted its position in shares of IDEX by 104.1% in the first quarter. SJS Investment Consulting Inc. now owns 149 shares of the industrial products company's stock worth $28,000 after purchasing an additional 76 shares during the period. Quantbot Technologies LP purchased a new stake in shares of IDEX in the second quarter worth $33,000. CYBER HORNET ETFs LLC purchased a new stake in shares of IDEX in the second quarter worth $35,000. Finally, Root Financial Partners LLC raised its position in shares of IDEX by 57.6% during the 1st quarter. Root Financial Partners LLC now owns 208 shares of the industrial products company's stock valued at $39,000 after purchasing an additional 76 shares during the period. 97.96% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other IDEX news, CAO Lisa Anderson sold 385 shares of the firm's stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $238.59, for a total transaction of $91,857.15. Following the completion of the transaction, 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 position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.50% of the stock is owned by corporate insiders.

IDEX Stock Performance

Shares of NYSE IEX opened at $223.71 on Tuesday. The company has a market cap of $16.49 billion, a P/E ratio of 32.19, a P/E/G ratio of 2.54 and a beta of 0.98. IDEX Corporation has a 52-week low of $158.19 and a 52-week high of $243.80. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.15 and a current ratio of 3.05. The firm's fifty day moving average is $228.67 and its two-hundred day moving average is $214.38.

IDEX (NYSE:IEX - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $2.32 EPS for the quarter, beating the consensus estimate of $2.11 by $0.21. The business had revenue of $920.60 million during the quarter, compared to the consensus estimate of $905.38 million. IDEX had a net margin of 14.49% and a return on equity of 15.69%. The business's revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.07 EPS. IDEX has set its FY 2026 guidance at 8.700-8.850 EPS and its Q3 2026 guidance at 2.200-2.250 EPS. As a group, analysts anticipate that IDEX Corporation will post 8.82 EPS for the current fiscal year.

IDEX Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 6th were paid a dividend of $0.73 per share. The ex-dividend date of this dividend was Monday, July 6th. This represents a $2.92 dividend on an annualized basis and a yield of 1.3%. IDEX's dividend payout ratio is presently 42.01%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Argus lifted their target price on shares of IDEX from $250.00 to $260.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Oppenheimer reiterated an "outperform" rating and issued a $265.00 price target on shares of IDEX in a research note on Thursday, July 30th. Stifel Nicolaus raised their price target on IDEX from $257.00 to $268.00 and gave the company a "buy" rating in a report on Thursday, July 30th. Citigroup boosted their price objective on IDEX from $252.00 to $269.00 and gave the company a "buy" rating in a research report on Thursday, July 30th. Finally, TD Cowen upped their price objective on IDEX from $260.00 to $275.00 and gave the stock a "buy" rating in a research note on Thursday, July 30th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, IDEX has an average rating of "Moderate Buy" and a consensus price target of $260.80.

IDEX Company 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.

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