Sienna Gestion Makes New $6.69 Million Investment in IDEX Corporation $IEX

Key Points

• Sienna Gestion bought 45,053 shares of IDEX in Q3 worth about $6.69 million, representing roughly 0.06% of the company.
• Analyst sentiment is largely positive—six Buy and two Hold ratings—with a consensus rating of "Moderate Buy" and an average price target of $228.22.
• IDEX beat quarterly EPS estimates ($2.10 vs. $2.04) and issued FY2026 guidance of 8.15–8.35 EPS, while the stock has a market cap near $14.7B and a P/E around 31.

Sienna Gestion purchased a new stake in IDEX Corporation (NYSE:IEX - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 45,053 shares of the industrial products company's stock, valued at approximately $6,686,000. Sienna Gestion owned 0.06% of IDEX as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of IEX. Capital A Wealth Management LLC acquired a new stake in IDEX in the second quarter valued at $28,000. UMB Bank n.a. lifted its holdings in IDEX by 61.0% during the 3rd 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 during the period. Loomis Sayles & Co. L P bought a new stake in shares of IDEX in the 2nd quarter valued at about $33,000. CYBER HORNET ETFs LLC acquired a new stake in shares of IDEX in the second quarter valued at about $35,000. Finally, MUFG Securities EMEA plc bought a new position in shares of IDEX during the second quarter worth about $39,000. Institutional investors and hedge funds own 97.96% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on IEX. DA Davidson increased their target price on shares of IDEX from $180.00 to $195.00 and gave the company a "neutral" rating in a research report on Thursday, February 5th. Stifel Nicolaus boosted their price target on shares of IDEX from $200.00 to $220.00 and gave the stock a "buy" rating in a research report on Friday, January 23rd. TD Cowen upped their price objective on shares of IDEX from $200.00 to $250.00 and gave the company a "buy" rating in a research note on Thursday, February 5th. Robert W. Baird set a $247.00 target price on shares of IDEX in a research note on Thursday, February 5th. Finally, Oppenheimer restated an "outperform" rating and issued a $230.00 target price on shares of IDEX in a report on Thursday, February 5th. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $228.22.

IDEX Stock Performance

Shares of IDEX stock opened at $197.80 on Monday. The business has a 50-day simple moving average of $198.70 and a 200 day simple moving average of $178.93. IDEX Corporation has a one year low of $153.36 and a one year high of $217.15. 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 $14.71 billion, a price-to-earnings ratio of 30.86, a PEG ratio of 2.00 and a beta of 0.98.

IDEX (NYSE:IEX - Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $882.00 million. During the same quarter in the prior year, the company earned $2.04 earnings per share. The company's quarterly revenue was up 4.2% on a year-over-year basis. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS. On average, research analysts anticipate that IDEX Corporation will post 8.26 earnings per share for the current fiscal year.

About IDEX

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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