GSA Capital Partners LLP Acquires Shares of 4,526 IDEX Corporation $IEX

Key Points

• GSA Capital Partners acquired 4,526 IDEX shares worth approximately $1.03 million, while institutional investors overall own 97.96% of the company’s stock.
• IDEX reported quarterly earnings of $2.32 per share, beating estimates by $0.21, while revenue rose 6.4% year over year to $920.6 million. The company maintained fiscal 2026 EPS guidance of $8.70–$8.85.
• Shares opened at $240.42, near their 52-week high, and analysts maintain a “Moderate Buy” consensus with an average price target of $260.80. IDEX also pays a quarterly dividend of $0.73 per share, yielding about 1.2%.

GSA Capital Partners LLP acquired a new stake in IDEX Corporation (NYSE:IEX - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,526 shares of the industrial products company's stock, valued at approximately $1,027,000.

Other hedge funds have also recently modified their holdings of the company. Primecap Management Co. CA lifted its holdings in IDEX by 86.5% in the fourth quarter. Primecap Management Co. CA now owns 3,226,787 shares of the industrial products company's stock valued at $574,174,000 after acquiring an additional 1,496,207 shares during the period. State Street Corp grew its stake in shares of IDEX by 0.6% during the 4th quarter. State Street Corp now owns 3,172,410 shares of the industrial products company's stock worth $564,499,000 after purchasing an additional 17,668 shares during the period. Geode Capital Management LLC grew its stake in shares of IDEX by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 2,034,942 shares of the industrial products company's stock worth $360,740,000 after purchasing an additional 7,844 shares during the period. Van ECK Associates Corp increased its holdings in shares of IDEX by 3.3% during the 4th quarter. Van ECK Associates Corp now owns 1,976,856 shares of the industrial products company's stock valued at $351,762,000 after purchasing an additional 63,699 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of IDEX by 16.1% in the 3rd quarter. Invesco Ltd. now owns 1,809,788 shares of the industrial products company's stock valued at $294,561,000 after purchasing an additional 250,447 shares during the period. Hedge funds and other institutional investors own 97.96% of the company's stock.

Insider Activity at IDEX

In related news, CAO Lisa M. Anderson sold 385 shares of the company's stock in a transaction dated Wednesday, August 12th. The shares were 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 represents a 8.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.50% of the stock is owned by corporate insiders.

IDEX Trading Up 0.6%

Shares of NYSE:IEX opened at $240.42 on Tuesday. IDEX Corporation has a 1 year low of $158.19 and a 1 year high of $243.80. The firm has a market capitalization of $17.72 billion, a price-to-earnings ratio of 34.59, a price-to-earnings-growth ratio of 2.25 and a beta of 0.98. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.05 and a quick ratio of 2.15. The business's 50 day moving average price is $226.58 and its 200-day moving average price is $211.95.

IDEX (NYSE:IEX - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $2.32 EPS for the quarter, topping the consensus estimate of $2.11 by $0.21. The company had revenue of $920.60 million during the quarter, compared to analyst estimates of $905.38 million. IDEX had a net margin of 14.49% and a return on equity of 15.69%. The firm's revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous 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. On average, equities research analysts forecast that IDEX Corporation will post 8.84 earnings per share for the current fiscal year.

IDEX Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 24th. Stockholders 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 dividend yield of 1.2%. IDEX's payout ratio is currently 42.01%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on IEX shares. Stifel Nicolaus increased their price target on shares of IDEX from $257.00 to $268.00 and gave the stock a "buy" rating in a report on Thursday, July 30th. Royal Bank Of Canada lifted their price objective on shares of IDEX from $261.00 to $280.00 and gave the company an "outperform" rating in a report on Thursday, July 30th. Argus upped their price objective on shares of IDEX from $250.00 to $260.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Citigroup increased their target price on shares of IDEX from $252.00 to $269.00 and gave the stock a "buy" rating in a research note on Thursday, July 30th. Finally, DA Davidson raised their target price on IDEX from $230.00 to $240.00 and gave the company a "neutral" rating in a research report on Thursday, August 6th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price 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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