OMERS ADMINISTRATION Corp Acquires 6,159 Shares of IDEX Corporation $IEX

OMERS ADMINISTRATION Corp increased its stake in IDEX Corporation (NYSE:IEX) by 227.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,867 shares of the industrial products company’s stock after acquiring an additional 6,159 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in IDEX were worth $1,681,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Primecap Management Co. CA grew its holdings in IDEX by 86.5% in the fourth quarter. Primecap Management Co. CA now owns 3,226,787 shares of the industrial products company’s stock worth $574,174,000 after purchasing an additional 1,496,207 shares during the period. Dodge & Cox raised its holdings in shares of IDEX by 266.7% during the fourth quarter. Dodge & Cox now owns 1,262,550 shares of the industrial products company’s stock valued at $224,658,000 after purchasing an additional 918,208 shares during the period. Norges Bank bought a new position in shares of IDEX during the 4th quarter worth about $162,788,000. Millennium Management LLC boosted its position in shares of IDEX by 293.6% during the 4th quarter. Millennium Management LLC now owns 1,063,763 shares of the industrial products company’s stock worth $189,286,000 after purchasing an additional 793,530 shares in the last quarter. Finally, Balyasny Asset Management L.P. grew its stake in shares of IDEX by 35,817.3% in the 4th quarter. Balyasny Asset Management L.P. now owns 720,142 shares of the industrial products company’s stock valued at $128,142,000 after buying an additional 718,137 shares during the period. Institutional investors and hedge funds own 97.96% of the company’s stock.

IDEX Price Performance

Shares of NYSE IEX opened at $229.32 on Thursday. The stock has a market cap of $16.97 billion, a price-to-earnings ratio of 33.92, a PEG ratio of 2.21 and a beta of 0.98. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.40 and a current ratio of 3.39. IDEX Corporation has a fifty-two week low of $157.25 and a fifty-two week high of $243.80. The firm’s 50-day simple moving average is $220.26 and its 200 day simple moving average is $208.04.

IDEX (NYSE:IEX) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $2.32 EPS for the quarter, topping analysts’ consensus estimates of $2.11 by $0.21. The firm had revenue of $920.60 million during the quarter, compared to analyst estimates of $905.38 million. IDEX had a return on equity of 15.29% and a net margin of 14.38%.The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the company posted $2.07 EPS. IDEX has set its FY 2026 guidance at 8.700-8.850 EPS and its Q3 2026 guidance at 2.200-2.250 EPS. As a group, research analysts anticipate that IDEX Corporation will post 8.48 earnings per share for the current fiscal year.

IDEX Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 6th were issued a dividend of $0.73 per share. The ex-dividend date was Monday, July 6th. This represents a $2.92 annualized dividend and a yield of 1.3%. IDEX’s dividend payout ratio is 43.20%.

IDEX News Summary

Here are the key news stories impacting IDEX this week:

• Positive Sentiment: IDEX reported second-quarter adjusted EPS of $2.32, exceeding the $2.11 consensus estimate, while revenue of $920.6 million topped expectations of approximately $905.4 million. Revenue increased 6% year over year, and adjusted EBITDA margin expanded to 28.1%. IDEX Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Orders rose 28% organically to a record roughly $1.07 billion, pointing to strong demand and better order visibility for upcoming quarters. Management cited continued strength tied to data centers, semiconductors, and space and defense markets. IDEX rises after Q2 earnings beat and guidance hike
• Positive Sentiment: Management raised its fiscal 2026 adjusted EPS guidance to $8.70-$8.85, above the prior $8.35-$8.55 range and the $8.49 analyst consensus. Full-year organic sales growth is now expected at 5%-6%; third-quarter EPS guidance of $2.20-$2.25 also slightly exceeds consensus. IDEX Q2 2026 Earnings Call Highlights
• Neutral Sentiment: IDEX returned capital through approximately $77 million of share repurchases and $54 million in dividends, supporting shareholder returns but leaving less cash for other uses. IDEX Q2 sales rise to record $921 million
• Negative Sentiment: Recent reported insider activity showed two open-market sales by CEO Eric Ashleman totaling 15,385 shares, with no purchases. This is a secondary sentiment concern, although the sales may reflect personal liquidity or scheduled transactions.

Insider Buying and Selling

In other IDEX news, CEO Eric D. Ashleman sold 15,385 shares of the firm’s 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 directly owned 66,658 shares in the company, valued at approximately $14,346,134.76. This trade represents a 18.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Stifel Nicolaus boosted their target price on IDEX from $250.00 to $257.00 and gave the company a “buy” rating in a research report on Monday, July 20th. Seaport Research Partners reissued a “buy” rating and issued a $250.00 price objective on shares of IDEX in a research note on Tuesday, May 5th. Robert W. Baird set a $257.00 price objective on IDEX in a report on Thursday, April 30th. Oppenheimer upped their target price on IDEX from $250.00 to $260.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 21st. Finally, TD Cowen increased their target price on IDEX from $250.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $244.00.

IDEX 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.