Strs Ohio Purchases 4,604 Shares of IDEX Corporation $IEX

Key Points

• Strs Ohio boosted its stake in IDEX by 254.8% in Q4, purchasing 4,604 shares to hold 6,411 shares valued at about $1.141 million, while institutional investors own roughly 97.96% of the stock.
• IDEX beat expectations with $2.00 EPS (vs. $1.78 est.) and $886.9M revenue (up 8.9%), set Q2 2026 EPS guidance of 2.070–2.120 and FY2026 guidance of 8.350–8.550, and raised its quarterly dividend to $0.73.
• Analysts give IDEX a consensus Moderate Buy rating with a $234.70 average price target (six Buys, three Holds), and individual targets ranging up to $257.

Strs Ohio boosted its position in IDEX Corporation (NYSE:IEX - Free Report) by 254.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,411 shares of the industrial products company's stock after buying an additional 4,604 shares during the period. Strs Ohio's holdings in IDEX were worth $1,141,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. GoalVest Advisory LLC acquired a new position in shares of IDEX in the 4th quarter valued at about $26,000. Laurel Wealth Advisors LLC bought a new stake in IDEX in the fourth quarter worth approximately $27,000. UMB Bank n.a. increased its holdings in 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 purchasing an additional 75 shares in the last quarter. Cromwell Holdings LLC lifted its stake in IDEX by 41.1% in the fourth quarter. Cromwell Holdings LLC now owns 199 shares of the industrial products company's stock valued at $35,000 after buying an additional 58 shares during the period. Finally, CYBER HORNET ETFs LLC bought a new position in shares of IDEX during the 2nd quarter worth approximately $35,000. 97.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on IEX. Seaport Research Partners reiterated a "buy" rating and issued a $250.00 price objective on shares of IDEX in a research note on Tuesday. Argus raised 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. Robert W. Baird set a $257.00 price target on IDEX in a report on Thursday, April 30th. Stifel Nicolaus set a $250.00 price objective on IDEX in a research note on Thursday, April 30th. Finally, BMO Capital Markets began coverage on IDEX in a report on Friday, March 27th. They set a "market perform" rating and a $214.00 price objective for the company. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, IDEX presently has a consensus rating of "Moderate Buy" and a consensus price target of $234.70.

IDEX Trading Up 1.2%

NYSE:IEX opened at $218.43 on Thursday. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.39 and a quick ratio of 2.40. IDEX Corporation has a one year low of $157.25 and a one year high of $223.85. The company has a market cap of $16.17 billion, a PE ratio of 32.31, a PEG ratio of 2.12 and a beta of 1.02. The firm has a 50-day moving average of $199.39 and a 200-day moving average of $188.86.

IDEX (NYSE:IEX - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.22. The business had revenue of $886.90 million for the quarter, compared to analysts' expectations of $845.58 million. IDEX had a net margin of 14.38% and a return on equity of 15.29%. The firm's revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.75 EPS. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. As a group, equities research analysts expect that IDEX Corporation will post 8.5 EPS for the current fiscal year.

IDEX Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be issued a $0.73 dividend. This is a boost from IDEX's previous quarterly dividend of $0.71. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, May 22nd. IDEX's dividend payout ratio is 42.01%.

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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