IDEX Corporation $IEX Position Raised by Wellington Management Group LLP

Key Points

• Wellington Management Group LLP raised its IDEX stake by 3.4% to 6,477,929 shares, representing about 8.65% ownership valued at roughly $1.054 billion.
• IDEX beat Q results (EPS $2.10 vs. $2.04 est., revenue $899.1M) and set Q1 2026 guidance of 1.73–1.78 EPS and FY2026 guidance of 8.15–8.35 EPS, while analysts have lifted price targets and the consensus rating is a Moderate Buy with a $228.22 target.
• About 97.96% of IDEX shares are held by institutional investors; the company has a market cap near $13.99 billion and a trailing P/E of 29.35.

Wellington Management Group LLP raised its position in shares of IDEX Corporation (NYSE:IEX - Free Report) by 3.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,477,929 shares of the industrial products company's stock after purchasing an additional 211,696 shares during the quarter. Wellington Management Group LLP owned about 8.65% of IDEX worth $1,054,348,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Empowered Funds LLC lifted its holdings in shares of IDEX by 3.4% in the first quarter. Empowered Funds LLC now owns 1,646 shares of the industrial products company's stock valued at $298,000 after buying an additional 54 shares during the period. UMB Bank n.a. boosted its stake in IDEX by 61.0% during the third quarter. UMB Bank n.a. now owns 198 shares of the industrial products company's stock valued at $32,000 after buying an additional 75 shares in the last quarter. Bessemer Group Inc. grew its holdings in IDEX by 16.6% during the third quarter. Bessemer Group Inc. now owns 577 shares of the industrial products company's stock worth $94,000 after acquiring an additional 82 shares during the period. Verdence Capital Advisors LLC raised its position in IDEX by 5.4% in the third quarter. Verdence Capital Advisors LLC now owns 1,864 shares of the industrial products company's stock worth $312,000 after acquiring an additional 96 shares in the last quarter. Finally, Equitable Trust Co. lifted its holdings in IDEX by 8.1% in the 3rd quarter. Equitable Trust Co. now owns 1,369 shares of the industrial products company's stock valued at $223,000 after acquiring an additional 102 shares during the last quarter. 97.96% of the stock is currently owned by institutional investors and hedge funds.

IDEX Price Performance

NYSE IEX opened at $188.11 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.86 and a quick ratio of 2.02. The firm has a market capitalization of $13.99 billion, a price-to-earnings ratio of 29.35, a price-to-earnings-growth ratio of 1.90 and a beta of 0.98. The company has a 50 day simple moving average of $200.10 and a 200-day simple moving average of $179.69. IDEX Corporation has a 52-week low of $153.36 and a 52-week high of $217.15.

IDEX (NYSE:IEX - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.06. The firm had revenue of $899.10 million for the quarter, compared to analyst estimates of $882.00 million. IDEX had a net margin of 13.98% and a return on equity of 15.03%. The company's revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.04 EPS. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS. Equities research analysts predict that IDEX Corporation will post 8.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

IEX has been the topic of several recent research reports. Robert W. Baird set a $247.00 price target on shares of IDEX in a research report on Thursday, February 5th. TD Cowen raised their price objective on IDEX from $200.00 to $250.00 and gave the stock a "buy" rating in a research note on Thursday, February 5th. Royal Bank Of Canada lifted their target price on IDEX from $211.00 to $244.00 and gave the stock an "outperform" rating in a report on Thursday, February 5th. Oppenheimer reaffirmed an "outperform" rating and set a $230.00 target price on shares of IDEX in a research report on Thursday, February 5th. Finally, Citigroup increased their price target on IDEX from $202.00 to $243.00 and gave the company a "buy" rating in a research report on Thursday, February 5th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $228.22.

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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