IDEX Co. (NYSE:IEX) Shares Acquired by Snyder Capital Management L P

Snyder Capital Management L P increased its holdings in IDEX Co. (NYSE:IEX - Free Report) by 12.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 480,193 shares of the industrial products company's stock after purchasing an additional 52,259 shares during the period. IDEX accounts for 2.1% of Snyder Capital Management L P's investment portfolio, making the stock its 15th biggest position. Snyder Capital Management L P owned about 0.63% of IDEX worth $100,500,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake in IDEX by 13.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 640,717 shares of the industrial products company's stock valued at $134,096,000 after purchasing an additional 73,540 shares during the last quarter. Asset Management One Co. Ltd. increased its stake in IDEX by 4.2% in the fourth quarter. Asset Management One Co. Ltd. now owns 30,250 shares of the industrial products company's stock valued at $6,386,000 after purchasing an additional 1,209 shares during the last quarter. Assetmark Inc. increased its stake in IDEX by 129.1% in the fourth quarter. Assetmark Inc. now owns 417 shares of the industrial products company's stock valued at $87,000 after purchasing an additional 235 shares during the last quarter. Covea Finance increased its stake in IDEX by 70.6% in the fourth quarter. Covea Finance now owns 14,500 shares of the industrial products company's stock valued at $3,035,000 after purchasing an additional 6,000 shares during the last quarter. Finally, Barclays PLC increased its stake in IDEX by 1.2% in the third quarter. Barclays PLC now owns 1,177,645 shares of the industrial products company's stock valued at $252,603,000 after purchasing an additional 14,360 shares during the last quarter. 97.96% of the stock is currently owned by institutional investors and hedge funds.

IDEX Stock Down 0.4 %

IEX traded down $0.68 on Wednesday, reaching $171.52. The company's stock had a trading volume of 280,863 shares, compared to its average volume of 628,394. The stock has a market cap of $12.96 billion, a price-to-earnings ratio of 25.79, a price-to-earnings-growth ratio of 1.98 and a beta of 1.05. IDEX Co. has a 1 year low of $153.36 and a 1 year high of $238.22. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.53 and a quick ratio of 1.85. The business's 50 day moving average is $178.47 and its 200 day moving average is $202.88.

IDEX (NYSE:IEX - Get Free Report) last released its earnings results on Tuesday, February 4th. The industrial products company reported $2.04 EPS for the quarter, topping analysts' consensus estimates of $2.03 by $0.01. IDEX had a return on equity of 16.08% and a net margin of 15.45%. As a group, research analysts forecast that IDEX Co. will post 8.26 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

IEX has been the subject of several research analyst reports. Citigroup dropped their price target on IDEX from $264.00 to $201.00 and set a "buy" rating for the company in a research note on Monday, April 14th. DA Davidson decreased their target price on IDEX from $225.00 to $215.00 and set a "neutral" rating for the company in a research report on Wednesday, February 19th. Mizuho set a $175.00 target price on IDEX in a research report on Tuesday, April 22nd. Royal Bank of Canada decreased their target price on IDEX from $256.00 to $245.00 and set an "outperform" rating for the company in a research report on Thursday, February 6th. Finally, Stifel Nicolaus decreased their target price on IDEX from $256.00 to $192.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $217.13.

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.