IDEX Corporation (NYSE:IEX) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Analysts maintain a favorable view of IDEX: Eight of ten brokerages rate the stock a buy, while two recommend holding it, resulting in a consensus “Moderate Buy” rating and an average 12-month price target of $260.80.
• IDEX exceeded quarterly expectations, reporting $2.32 in EPS versus the $2.11 consensus estimate and revenue of $920.6 million, up 6.4% year over year. The company guided to fiscal 2026 EPS of $8.70–$8.85.
• The company pays a quarterly dividend of $0.73 per share, equivalent to a $2.92 annualized payout and 1.2% yield; institutional investors own nearly 98% of outstanding shares.

Shares of IDEX Corporation (NYSE:IEX - Get Free Report) have been assigned an average rating of "Moderate Buy" from the ten research firms that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $260.80.

IEX has been the topic of a number of recent analyst reports. Stifel Nicolaus boosted their price target on shares of IDEX from $257.00 to $268.00 and gave the stock a "buy" rating in a research report on Thursday, July 30th. Argus lifted 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, August 6th. Seaport Research Partners reaffirmed a "buy" rating and set a $250.00 price target on shares of IDEX in a research report on Tuesday, May 5th. TD Cowen increased their price target on IDEX from $260.00 to $275.00 and gave the stock a "buy" rating in a report on Thursday, July 30th. Finally, Oppenheimer reissued an "outperform" rating and issued a $265.00 price objective on shares of IDEX in a research report on Thursday, July 30th.

IDEX Trading Down 0.1%

Shares of IEX stock opened at $238.72 on Monday. IDEX has a 1-year low of $158.19 and a 1-year high of $243.80. The company has a current ratio of 3.05, a quick ratio of 2.15 and a debt-to-equity ratio of 0.46. The stock has a market cap of $17.60 billion, a price-to-earnings ratio of 34.35, a PEG ratio of 2.25 and a beta of 0.98. The stock has a 50-day moving average of $226.14 and a 200-day moving average of $211.63.

IDEX (NYSE:IEX - Get Free Report) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $2.32 EPS for the quarter, beating the consensus estimate of $2.11 by $0.21. The business had revenue of $920.60 million for the quarter, compared to analysts' expectations of $905.38 million. IDEX had a return on equity of 15.69% and a net margin of 14.49%.The firm's revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the business posted $2.07 earnings per share. IDEX has set its FY 2026 guidance at 8.700-8.850 EPS and its Q3 2026 guidance at 2.200-2.250 EPS. On average, equities research analysts forecast that IDEX will post 8.84 earnings per share for the current year.

IDEX Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 6th were paid a dividend of $0.73 per share. The ex-dividend date of this dividend was Monday, July 6th. This represents a $2.92 annualized dividend and a yield of 1.2%. IDEX's dividend payout ratio (DPR) is currently 42.01%.

Insiders Place Their Bets

In other IDEX news, CAO Lisa M. Anderson sold 385 shares of the business's stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $238.59, for a total value of $91,857.15. Following the transaction, the chief accounting officer directly owned 4,327 shares of the company's stock, valued at approximately $1,032,378.93. The trade was a 8.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.50% of the company's stock.

Institutional Trading of IDEX

Several large investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in shares of IDEX during the 2nd quarter valued at $1,301,393,000. Primecap Management Co. CA acquired a new stake in IDEX in the second quarter worth $748,951,000. State Street Corp grew its holdings in IDEX by 0.6% in the fourth quarter. State Street Corp now owns 3,172,410 shares of the industrial products company's stock worth $564,499,000 after purchasing an additional 17,668 shares during the period. Geode Capital Management LLC increased its stake in IDEX by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 2,034,942 shares of the industrial products company's stock valued at $360,740,000 after purchasing an additional 7,844 shares in the last quarter. Finally, Van ECK Associates Corp raised its holdings in shares of IDEX by 3.3% during the fourth quarter. Van ECK Associates Corp now owns 1,976,856 shares of the industrial products company's stock valued at $351,762,000 after purchasing an additional 63,699 shares during the period. Institutional investors and hedge funds own 97.96% of the company's stock.

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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