Seaport Res Ptn Analysts Boost Earnings Estimates for IDEX

Key Points

• Seaport Res Ptn has upgraded its Q4 2025 earnings per share estimate for IDEX Corporation to $2.10, up from the previous estimate of $2.05, alongside new estimates for Q2 and Q4 2026.
• IDEX recently approved a $1 billion stock buyback program, indicating that the company's leadership believes its stock is undervalued.
• The company will declare a quarterly dividend of $0.71, with a payment date scheduled for October 24th, representing a 1.7% dividend yield.

IDEX Corporation (NYSE:IEX - Free Report) - Equities researchers at Seaport Res Ptn lifted their Q4 2025 earnings per share estimates for shares of IDEX in a note issued to investors on Monday, September 29th. Seaport Res Ptn analyst W. Liptak now expects that the industrial products company will post earnings per share of $2.10 for the quarter, up from their previous forecast of $2.05. The consensus estimate for IDEX's current full-year earnings is $8.26 per share. Seaport Res Ptn also issued estimates for IDEX's Q2 2026 earnings at $2.22 EPS and Q4 2026 earnings at $2.20 EPS.

IEX has been the topic of several other research reports. Citigroup boosted their price target on shares of IDEX from $208.00 to $216.00 and gave the company a "buy" rating in a research report on Monday, July 14th. Oppenheimer lowered their price target on IDEX from $224.00 to $212.00 and set an "outperform" rating for the company in a research report on Thursday, July 31st. Royal Bank Of Canada cut their target price on IDEX from $207.00 to $200.00 and set an "outperform" rating on the stock in a research note on Thursday, July 31st. Stifel Nicolaus reduced their price target on shares of IDEX from $238.00 to $204.00 and set a "buy" rating for the company in a research note on Thursday, July 31st. Finally, DA Davidson set a $180.00 price objective on IDEX and gave the company a "neutral" rating in a research report on Monday, August 4th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $201.71.

IDEX Stock Performance

Shares of IEX stock opened at $162.60 on Wednesday. The company has a quick ratio of 2.13, a current ratio of 3.05 and a debt-to-equity ratio of 0.46. IDEX has a 52 week low of $153.36 and a 52 week high of $238.22. The firm has a market capitalization of $12.24 billion, a price-to-earnings ratio of 26.27, a PEG ratio of 1.71 and a beta of 1.02. The stock has a fifty day moving average of $164.88 and a 200 day moving average of $173.75.

IDEX (NYSE:IEX - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The industrial products company reported $2.07 earnings per share for the quarter, beating analysts' consensus estimates of $2.00 by $0.07. IDEX had a return on equity of 15.16% and a net margin of 14.05%.The firm had revenue of $865.40 million during the quarter, compared to analyst estimates of $858.59 million. During the same quarter in the prior year, the firm posted $2.06 earnings per share. The business's quarterly revenue was up 7.2% compared to the same quarter last year. IDEX has set its Q3 2025 guidance at 1.900-1.950 EPS. FY 2025 guidance at 7.850-7.950 EPS.

IDEX declared that its board has approved a stock repurchase program on Thursday, September 18th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the industrial products company to reacquire up to 8.3% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

IDEX Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 24th. Stockholders of record on Friday, October 10th will be issued a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, October 10th. IDEX's payout ratio is 45.88%.

Hedge Funds Weigh In On IDEX

Institutional investors and hedge funds have recently made changes to their positions in the business. Squarepoint Ops LLC boosted its holdings in shares of IDEX by 4.2% in the 4th quarter. Squarepoint Ops LLC now owns 2,123 shares of the industrial products company's stock worth $444,000 after purchasing an additional 85 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of IDEX by 1.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,925 shares of the industrial products company's stock worth $1,031,000 after buying an additional 61 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in IDEX by 81.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 143 shares of the industrial products company's stock worth $26,000 after acquiring an additional 64 shares in the last quarter. Versant Capital Management Inc increased its holdings in IDEX by 970.7% during the first quarter. Versant Capital Management Inc now owns 439 shares of the industrial products company's stock valued at $79,000 after buying an additional 398 shares during the period. Finally, Rhumbline Advisers raised its position in shares of IDEX by 6.1% in the 1st quarter. Rhumbline Advisers now owns 172,103 shares of the industrial products company's stock worth $31,145,000 after acquiring an additional 9,940 shares in the last quarter. 97.96% of the stock is owned by hedge funds and other institutional investors.

About IDEX

IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries.

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