Impax Asset Management Group plc Decreases Holdings in IDEX Corporation $IEX

Key Points

• Impax Asset Management Group plc trimmed its stake in IDEX by 12.9% in Q4, selling 252,003 shares and now holding 1,708,816 shares (about 2.28% of IDEX), a position worth roughly $304.1 million and its 12th‑largest holding.
• IDEX beat Q4 expectations with $2.10 EPS (vs. $2.04 est.) and revenue of $899.1M (vs. $882M est.), and set FY 2026 guidance of EPS 8.15–8.35.
• Analysts maintain a consensus "Moderate Buy" rating with an average price target of $228.90 (individual targets roughly $195–$244), while the stock trades near $205 with a market cap around $15.2B.

Impax Asset Management Group plc trimmed its stake in shares of IDEX Corporation (NYSE:IEX - Free Report) by 12.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,708,816 shares of the industrial products company's stock after selling 252,003 shares during the period. IDEX accounts for 1.9% of Impax Asset Management Group plc's holdings, making the stock its 12th biggest position. Impax Asset Management Group plc owned about 2.28% of IDEX worth $304,067,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. GoalVest Advisory LLC purchased a new position in IDEX during the fourth quarter valued at $26,000. CYBER HORNET ETFs LLC acquired a new stake in shares of IDEX in the second quarter valued at about $35,000. UMB Bank n.a. lifted its stake in shares of IDEX by 61.0% in the third quarter. UMB Bank n.a. now owns 198 shares of the industrial products company's stock worth $32,000 after buying an additional 75 shares in the last quarter. Cromwell Holdings LLC lifted its stake in shares of IDEX by 41.1% in the fourth quarter. Cromwell Holdings LLC now owns 199 shares of the industrial products company's stock worth $35,000 after buying an additional 58 shares in the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in shares of IDEX in the second quarter worth about $39,000. 97.96% of the stock is owned by hedge funds and other institutional investors.

IDEX Trading Down 0.8%

Shares of IEX stock opened at $204.89 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.02 and a current ratio of 2.86. The stock has a market capitalization of $15.23 billion, a P/E ratio of 31.96, a price-to-earnings-growth ratio of 2.09 and a beta of 0.99. The company has a 50 day moving average price of $198.76 and a 200 day moving average price of $186.45. IDEX Corporation has a fifty-two week low of $157.25 and a fifty-two week high of $217.15.

IDEX (NYSE:IEX - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share for the quarter, beating analysts' consensus estimates of $2.04 by $0.06. The firm had revenue of $899.10 million during the quarter, compared to analysts' expectations of $882.00 million. IDEX had a net margin of 13.98% and a return on equity of 15.03%. The business's quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.04 earnings per share. 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 8.23 EPS for the current fiscal year.

Analysts Set New Price Targets

IEX has been the topic of several research reports. DA Davidson raised their price target on shares of IDEX from $180.00 to $195.00 and gave the stock a "neutral" rating in a research note on Thursday, February 5th. Royal Bank Of Canada raised their price target on shares of IDEX from $211.00 to $244.00 and gave the stock an "outperform" rating in a research note on Thursday, February 5th. Stifel Nicolaus decreased their price target on shares of IDEX from $244.00 to $241.00 and set a "buy" rating on the stock in a research note on Tuesday, April 14th. Argus raised shares of IDEX from a "hold" rating to a "buy" rating and set a $240.00 price target on the stock in a research note on Friday, February 6th. Finally, Oppenheimer reaffirmed an "outperform" rating and set a $230.00 target price on shares of IDEX in a research note on Thursday, February 5th. Six 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 stock presently has a consensus rating of "Moderate Buy" and an average price target of $228.90.

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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