IDEX Corporation $IEX Stock: Robeco Schweiz AG Decreases Holdings

Key Points

• Robeco Schweiz AG reduced its IDEX holdings by 26.1% in the third quarter, selling 84,129 shares and retaining 237,916 shares worth approximately $54.2 million. Institutional investors and hedge funds collectively own 97.96% of IDEX.
• IDEX reported quarterly earnings of $2.32 per share, exceeding estimates of $2.11, while revenue rose 6.4% year over year to $920.6 million. The company guided to fiscal 2026 earnings of $8.70–$8.85 per share.
• Analysts maintain a generally positive view, with nine Buy ratings and three Holds, producing a “Moderate Buy” consensus and an average price target of $261.09 versus a recent share price of $228.78. IDEX also pays a quarterly dividend of $0.73 per share, yielding about 1.3%.

Robeco Schweiz AG cut its holdings in IDEX Corporation (NYSE:IEX - Free Report) by 26.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 237,916 shares of the industrial products company's stock after selling 84,129 shares during the period. Robeco Schweiz AG owned approximately 0.32% of IDEX worth $54,240,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Optiver Holding B.V. bought a new stake in shares of IDEX during the 1st quarter valued at about $27,000. Burkett Financial Services LLC bought a new stake in IDEX in the third quarter worth approximately $27,000. SJS Investment Consulting Inc. increased its holdings in 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 in the last quarter. Quantbot Technologies LP bought a new stake in IDEX in the second quarter worth approximately $33,000. Finally, Elevation Wealth Partners LLC lifted its stake in IDEX by 42.7% in the third quarter. Elevation Wealth Partners LLC now owns 147 shares of the industrial products company's stock valued at $34,000 after buying an additional 44 shares during the period. 97.96% of the stock is owned by institutional investors and hedge funds.

IDEX Stock Performance

Shares of IDEX stock opened at $228.78 on Friday. IDEX Corporation has a one year low of $160.60 and a one year high of $243.80. The firm has a market capitalization of $16.87 billion, a price-to-earnings ratio of 32.92, a PEG ratio of 2.60 and a beta of 0.97. The business has a 50-day simple moving average of $229.92 and a 200 day simple moving average of $222.07. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.05 and a quick ratio of 2.15.

IDEX (NYSE:IEX - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $2.32 earnings per share for the quarter, topping analysts' consensus estimates of $2.11 by $0.21. The business had revenue of $920.60 million for the quarter, compared to the consensus estimate of $905.38 million. IDEX had a return on equity of 15.69% and a net margin of 14.49%. The firm's revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the prior year, the business 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, research analysts anticipate that IDEX Corporation will post 8.83 earnings per share for the current fiscal year.

IDEX Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Friday, October 2nd were given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, October 2nd. IDEX's dividend payout ratio is presently 42.01%.

Insider Buying and Selling at IDEX

In related news, CAO Lisa Anderson sold 385 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $238.59, for a total value of $91,857.15. Following the transaction, the chief accounting officer directly owned 4,327 shares in the company, valued at $1,032,378.93. This trade represents a 8.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.50% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on IEX. Royal Bank Of Canada increased their price target on IDEX from $280.00 to $285.00 and gave the stock an "outperform" rating in a report on Wednesday, October 14th. Argus lifted their price objective 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. Weiss Ratings upgraded shares of IDEX from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, July 30th. KeyCorp upgraded shares of IDEX to a "hold" rating in a research report on Monday, October 12th. Finally, Mizuho raised shares of IDEX from a "neutral" rating to an "outperform" rating and increased their target price for the stock from $210.00 to $280.00 in a research note on Tuesday, August 11th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $261.09.

About IDEX

IDEX Corporation is an industrial manufacturing company headquartered in Lake Forest, Illinois. The company designs and produces engineered products and technologies used to move, control, measure and apply fluids, as well as equipment used in fire and safety applications.

IDEX operates through businesses serving fluid and metering technologies, health and science technologies, and fire and safety markets. Its products include pumps, valves, flow meters, compressors, dispensing equipment, precision fluidics components and systems, fire pumps, rescue tools and other specialized equipment.

The company serves a broad range of industries, including healthcare, life sciences, water and wastewater, chemical processing, energy, food and beverage, agriculture, industrial manufacturing and municipal fire protection.

Want to see what other hedge funds are holding IEX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IDEX Corporation (NYSE:IEX - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.