B. Metzler seel. Sohn & Co. AG Has $1.13 Million Stock Holdings in IDEX Corporation $IEX

Key Points

• B. Metzler seel. Sohn & Co. AG increased its holdings in IDEX Corporation by 69.2% in Q1 by purchasing an additional 2,548 shares, bringing their total to 6,228 shares valued at $1,127,000.
• IDEX reported earnings of $2.07 per share for the last quarter, exceeding expectations and indicating a 7.2% revenue growth year-over-year, with a revenue of $865.40 million.
• The company recently declared a quarterly dividend of $0.71, representing an annualized dividend total of $2.84, with a current yield of 1.7% and a payout ratio of 45.88%.

B. Metzler seel. Sohn & Co. AG increased its stake in shares of IDEX Corporation (NYSE:IEX - Free Report) by 69.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,228 shares of the industrial products company's stock after buying an additional 2,548 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in IDEX were worth $1,127,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Findlay Park Partners LLP grew its stake in IDEX by 66.0% during the first quarter. Findlay Park Partners LLP now owns 469,299 shares of the industrial products company's stock worth $84,929,000 after buying an additional 186,599 shares in the last quarter. FORA Capital LLC acquired a new stake in shares of IDEX in the 1st quarter valued at $2,067,000. Comerica Bank boosted its holdings in shares of IDEX by 28.0% in the 1st quarter. Comerica Bank now owns 135,941 shares of the industrial products company's stock valued at $24,601,000 after purchasing an additional 29,702 shares in the last quarter. Walleye Capital LLC boosted its holdings in shares of IDEX by 177.4% in the 1st quarter. Walleye Capital LLC now owns 1,641 shares of the industrial products company's stock valued at $297,000 after purchasing an additional 3,760 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC boosted its holdings in shares of IDEX by 496.1% in the 1st quarter. Campbell & CO Investment Adviser LLC now owns 14,432 shares of the industrial products company's stock valued at $2,612,000 after purchasing an additional 12,011 shares in the last quarter. 97.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

IEX has been the topic of a number of research analyst reports. DA Davidson set a $180.00 target price on IDEX and gave the company a "neutral" rating in a report on Monday, August 4th. Stifel Nicolaus reduced their price target on shares of IDEX from $238.00 to $204.00 and set a "buy" rating on the stock in a research note on Thursday, July 31st. Royal Bank Of Canada reduced their price target on shares of IDEX from $207.00 to $200.00 and set an "outperform" rating on the stock in a research note on Thursday, July 31st. Citigroup raised their price target on shares of IDEX from $208.00 to $216.00 and gave the company a "buy" rating in a research note on Monday, July 14th. Finally, Mizuho set a $185.00 price target on shares of IDEX in a research note on Friday, May 16th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, IDEX has an average rating of "Moderate Buy" and a consensus price target of $201.71.

IDEX Trading Up 1.1%

IEX traded up $1.70 during midday trading on Thursday, hitting $163.02. 224,165 shares of the company were exchanged, compared to its average volume of 676,049. The firm has a market capitalization of $12.27 billion, a P/E ratio of 26.34, a P/E/G ratio of 1.73 and a beta of 1.02. IDEX Corporation has a 1-year low of $153.36 and a 1-year high of $238.22. The firm's 50 day moving average price is $172.20 and its 200-day moving average price is $177.62. The company has a quick ratio of 2.13, a current ratio of 3.05 and a debt-to-equity ratio of 0.46.

IDEX (NYSE:IEX - Get Free Report) last announced its earnings results 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. The firm had revenue of $865.40 million for the quarter, compared to the consensus estimate of $858.59 million. IDEX had a return on equity of 15.16% and a net margin of 14.05%.The business's quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.06 EPS. IDEX has set its Q3 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.850-7.950 EPS. As a group, equities analysts forecast that IDEX Corporation will post 8.26 EPS for the current fiscal year.

IDEX Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 25th. Stockholders of record on Friday, July 11th were given a $0.71 dividend. The ex-dividend date was Friday, July 11th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.7%. IDEX's 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.