Dynamic Technology Lab Private Ltd Makes New $909,000 Investment in IDEX Corporation $IEX

Key Points

• Dynamic Technology Lab Private Ltd has acquired a new stake in IDEX Corporation, purchasing 5,024 shares valued at approximately $909,000 in the first quarter.
• Several large investors, including Wellington Management Group and Millennium Management LLC, have significantly increased their holdings in IDEX Corporation, indicating strong institutional interest.
• IDEX Corporation recently reported quarterly earnings exceeding expectations with earnings per share of $2.07 and revenue of $865.40 million, and has set guidance for Q3 2025 at 1.900-1.950 EPS.

Dynamic Technology Lab Private Ltd acquired a new position in IDEX Corporation (NYSE:IEX - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,024 shares of the industrial products company's stock, valued at approximately $909,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of IEX. MassMutual Private Wealth & Trust FSB grew its stake in IDEX by 81.0% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 143 shares of the industrial products company's stock worth $26,000 after purchasing an additional 64 shares in the last quarter. UMB Bank n.a. grew its stake in IDEX by 63.5% in the first quarter. UMB Bank n.a. now owns 224 shares of the industrial products company's stock worth $41,000 after purchasing an additional 87 shares in the last quarter. SVB Wealth LLC bought a new stake in IDEX during the 1st quarter valued at $56,000. Federated Hermes Inc. boosted its position in IDEX by 42.9% during the 1st quarter. Federated Hermes Inc. now owns 333 shares of the industrial products company's stock valued at $60,000 after acquiring an additional 100 shares in the last quarter. Finally, Versant Capital Management Inc boosted its position in IDEX by 970.7% during the 1st quarter. Versant Capital Management Inc now owns 439 shares of the industrial products company's stock valued at $79,000 after acquiring an additional 398 shares in the last quarter. Institutional investors own 97.96% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on IEX shares. Oppenheimer dropped their target price on IDEX from $224.00 to $212.00 and set an "outperform" rating on the stock in a research report on Thursday, July 31st. Royal Bank Of Canada dropped their target price on IDEX from $207.00 to $200.00 and set an "outperform" rating on the stock in a research report on Thursday, July 31st. DA Davidson set a $180.00 target price on IDEX and gave the company a "neutral" rating in a research report on Monday, August 4th. Citigroup increased their target price on IDEX from $208.00 to $216.00 and gave the company a "buy" rating in a research report on Monday, July 14th. Finally, Mizuho set a $185.00 price objective on IDEX in a report on Friday, May 16th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $201.71.

IDEX Stock Down 2.3%

Shares of IEX traded down $3.83 during midday trading on Friday, hitting $160.66. 394,416 shares of the company's stock traded hands, compared to its average volume of 657,390. IDEX Corporation has a 1 year low of $153.36 and a 1 year high of $238.22. The firm's fifty day moving average is $169.95 and its 200-day moving average is $176.02. The company has a current ratio of 3.05, a quick ratio of 2.13 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $12.10 billion, a price-to-earnings ratio of 25.96, a price-to-earnings-growth ratio of 1.73 and a beta of 1.02.

IDEX (NYSE:IEX - Get Free Report) last issued its earnings results on Wednesday, July 30th. The industrial products company reported $2.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.00 by $0.07. The company had revenue of $865.40 million during the quarter, compared to analyst estimates of $858.59 million. IDEX had a return on equity of 15.16% and a net margin of 14.05%.The firm's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $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, sell-side analysts anticipate that IDEX Corporation will post 8.26 earnings per share for the current year.

IDEX Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 25th. Investors of record on Friday, July 11th were paid a $0.71 dividend. The ex-dividend date was Friday, July 11th. This represents a $2.84 dividend on an annualized basis and a yield of 1.8%. IDEX's dividend payout ratio (DPR) is 45.88%.

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.