Vanguard Group Inc. Decreases Stock Position in IDEX Corporation $IEX

Key Points

• Vanguard Group trimmed its IDEX stake by 1.1% in Q4, selling 100,375 shares but still holds 8,992,612 shares (about 12.01%) valued at roughly $1.60 billion.
• IDEX beat Q1 estimates with $2.00 EPS (vs. $1.78 est.) and $886.9M revenue (vs. $845.6M est.), provided FY‑2026 EPS guidance of 8.35–8.55, and has net positive analyst sentiment with a "Moderate Buy" consensus and an average target of $234.70.

Vanguard Group Inc. cut its stake in IDEX Corporation (NYSE:IEX - Free Report) by 1.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,992,612 shares of the industrial products company's stock after selling 100,375 shares during the period. Vanguard Group Inc. owned about 12.01% of IDEX worth $1,600,145,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IEX. Empowered Funds LLC boosted its stake in IDEX by 3.4% in the first quarter. Empowered Funds LLC now owns 1,646 shares of the industrial products company's stock valued at $298,000 after acquiring an additional 54 shares in the last quarter. Cromwell Holdings LLC boosted its stake in shares of IDEX by 41.1% during 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 during the period. UMB Bank n.a. boosted its stake 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 worth $32,000 after buying an additional 75 shares during the period. Bessemer Group Inc. boosted its stake in shares of IDEX by 16.6% during the third quarter. Bessemer Group Inc. now owns 577 shares of the industrial products company's stock worth $94,000 after buying an additional 82 shares during the period. Finally, Bartlett & CO. Wealth Management LLC boosted its stake in shares of IDEX by 1.9% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 4,661 shares of the industrial products company's stock worth $829,000 after buying an additional 85 shares during the period. 97.96% of the stock is currently owned by hedge funds and other institutional investors.

IDEX Price Performance

Shares of NYSE:IEX opened at $217.88 on Friday. The company has a quick ratio of 2.02, a current ratio of 3.39 and a debt-to-equity ratio of 0.46. The company has a market cap of $16.20 billion, a P/E ratio of 32.23, a PEG ratio of 2.16 and a beta of 0.99. IDEX Corporation has a 52 week low of $157.25 and a 52 week high of $223.85. The company has a 50-day moving average price of $198.99 and a 200 day moving average price of $187.76.

IDEX (NYSE:IEX - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $2.00 EPS for the quarter, beating analysts' consensus estimates of $1.78 by $0.22. The firm had revenue of $886.90 million during the quarter, compared to the consensus estimate of $845.58 million. IDEX had a net margin of 14.38% and a return on equity of 15.29%. The firm's revenue was up 8.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.75 earnings per share. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. Research analysts predict that IDEX Corporation will post 8.38 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on IEX. TD Cowen increased their target price on shares of IDEX from $250.00 to $260.00 and gave the stock a "buy" rating in a research note on Thursday. Oppenheimer reiterated an "outperform" rating and set a $242.00 target price on shares of IDEX in a research note on Thursday. Citigroup increased their target price on shares of IDEX from $243.00 to $252.00 and gave the stock a "buy" rating in a research note on Thursday. BMO Capital Markets began coverage on shares of IDEX in a research note on Friday, March 27th. They set a "market perform" rating and a $214.00 target price for the company. Finally, Argus upgraded shares of IDEX from a "hold" rating to a "buy" rating and set a $240.00 target price for the company in a research note on Friday, February 6th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $234.70.

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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