IDEX Corporation $IEX Stock Holdings Trimmed by Fisher Asset Management LLC

Fisher Asset Management LLC lowered its holdings in shares of IDEX Corporation (NYSE:IEX) by 9.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 655,587 shares of the industrial products company’s stock after selling 69,215 shares during the period. Fisher Asset Management LLC’s holdings in IDEX were worth $116,655,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Empowered Funds LLC raised its stake in IDEX by 3.4% during the 1st 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 raised its stake in IDEX by 41.1% during the 4th quarter. Cromwell Holdings LLC now owns 199 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 58 shares in the last quarter. UMB Bank n.a. raised its stake in IDEX by 61.0% during the 3rd quarter. UMB Bank n.a. now owns 198 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 75 shares in the last quarter. Bessemer Group Inc. raised its stake in IDEX by 16.6% during the 3rd quarter. Bessemer Group Inc. now owns 577 shares of the industrial products company’s stock valued at $94,000 after acquiring an additional 82 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC raised its stake in IDEX by 1.9% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 4,661 shares of the industrial products company’s stock valued at $829,000 after acquiring an additional 85 shares in the last quarter. Institutional investors own 97.96% of the company’s stock.

Insider Buying and Selling at IDEX

In other news, CEO Eric D. Ashleman sold 15,385 shares of IDEX stock in a transaction on Monday, May 11th. The stock was sold at an average price of $215.22, for a total transaction of $3,311,159.70. Following the transaction, the chief executive officer owned 66,658 shares in the company, valued at approximately $14,346,134.76. The trade was a 18.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.50% of the company’s stock.

IDEX Stock Performance

Shares of NYSE IEX opened at $208.99 on Tuesday. The company has a quick ratio of 2.40, a current ratio of 3.39 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $15.47 billion, a price-to-earnings ratio of 30.92, a PEG ratio of 2.05 and a beta of 1.02. The stock’s fifty day simple moving average is $201.31 and its 200 day simple moving average is $192.69. IDEX Corporation has a 52-week low of $157.25 and a 52-week high of $223.85.

IDEX (NYSE:IEX) last issued its earnings results on Wednesday, April 29th. The industrial products company reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 15.29% and a net margin of 14.38%.The company’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the firm posted $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, sell-side analysts forecast that IDEX Corporation will post 8.49 earnings per share for the current fiscal year.

IDEX Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be issued a dividend of $0.73 per share. This is a positive change from IDEX’s previous quarterly dividend of $0.71. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, May 22nd. IDEX’s dividend payout ratio is presently 42.01%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on IEX shares. Seaport Research Partners reaffirmed a “buy” rating and set a $250.00 target price on shares of IDEX in a research note on Tuesday, May 5th. Citigroup lifted their target price on IDEX from $243.00 to $252.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Argus raised IDEX from a “hold” rating to a “buy” rating and set a $240.00 target price on the stock in a research note on Friday, February 6th. Royal Bank Of Canada lifted their price target on IDEX from $225.00 to $252.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. Finally, BMO Capital Markets started coverage on IDEX in a research report on Friday, March 27th. They set a “market perform” rating and a $214.00 price target on the stock. Six research 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, the company presently has a consensus rating of “Moderate Buy” and an average price target of $240.22.

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.