Nordea Investment Management AB Cuts Stock Holdings in IDEX Corporation $IEX

Key Points

• Nordea Investment Management AB trimmed its IDEX position by 4.6% (sold 109,162 shares), leaving 2,255,150 shares—about a 3.01% stake valued at roughly $401.4 million; roughly 97.96% of IDEX is held by institutional investors.
• IDEX beat Q4 expectations with EPS of $2.10 (vs. $2.04 est.) and revenue of $899.1M (vs. $882.0M), issued Q1 and FY2026 EPS guidance, and has seen several analyst price-target upgrades resulting in a consensus "Moderate Buy" and a consensus target of $228.22.

Nordea Investment Management AB lowered its position in shares of IDEX Corporation (NYSE:IEX - Free Report) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,255,150 shares of the industrial products company's stock after selling 109,162 shares during the period. Nordea Investment Management AB owned approximately 3.01% of IDEX worth $401,417,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in IEX. GoalVest Advisory LLC purchased a new position in shares of IDEX in the fourth quarter worth $26,000. Capital A Wealth Management LLC purchased a new stake in shares of IDEX during the second quarter valued at $28,000. UMB Bank n.a. boosted its position in shares of 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 during the last quarter. Loomis Sayles & Co. L P bought a new stake in IDEX in the 2nd quarter worth about $33,000. Finally, CYBER HORNET ETFs LLC purchased a new position in IDEX in the 2nd quarter worth about $35,000. 97.96% of the stock is currently owned by hedge funds and other institutional investors.

IDEX Stock Down 1.8%

IEX stock opened at $183.96 on Friday. The company has a market cap of $13.68 billion, a price-to-earnings ratio of 28.70, a P/E/G ratio of 1.86 and a beta of 0.98. 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 business's 50-day moving average is $200.63 and its two-hundred day moving average is $180.62. IDEX Corporation has a fifty-two week low of $153.36 and a fifty-two week high of $217.15.

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

Analysts Set New Price Targets

Several equities analysts have issued reports on IEX shares. Stifel Nicolaus upped their target price on shares of IDEX from $200.00 to $220.00 and gave the company a "buy" rating in a research note on Friday, January 23rd. Oppenheimer reissued an "outperform" rating and set a $230.00 price objective on shares of IDEX in a report on Thursday, February 5th. Argus raised shares of IDEX from a "hold" rating to a "buy" rating and set a $240.00 price objective for the company in a report on Friday, February 6th. DA Davidson raised their target price on shares of IDEX from $180.00 to $195.00 and gave the stock a "neutral" rating in a report on Thursday, February 5th. Finally, Royal Bank Of Canada lifted their target price on shares of IDEX from $211.00 to $244.00 and gave the stock an "outperform" rating in a research report on Thursday, February 5th. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, IDEX presently has a consensus rating of "Moderate Buy" and a consensus target price 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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