United Capital Financial Advisors LLC Invests $513,000 in IDEX Corporation $IEX

United Capital Financial Advisors LLC acquired a new stake in IDEX Corporation (NYSE:IEX) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,262 shares of the industrial products company’s stock, valued at approximately $513,000.

Other hedge funds have also recently bought and sold shares of the company. Optiver Holding B.V. acquired a new stake in IDEX in the 1st quarter valued at about $27,000. SJS Investment Consulting Inc. raised its holdings in shares of IDEX by 104.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 149 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 76 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of IDEX in the 2nd quarter worth approximately $33,000. CYBER HORNET ETFs LLC acquired a new stake in IDEX during the second quarter valued at approximately $35,000. Finally, Root Financial Partners LLC lifted its stake in IDEX by 57.6% during the first quarter. Root Financial Partners LLC now owns 208 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 76 shares during the last quarter. 97.96% of the stock is owned by institutional investors and hedge funds.

IDEX Stock Down 0.6%

IEX stock opened at $228.96 on Tuesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.05 and a quick ratio of 2.15. The firm has a market capitalization of $16.88 billion, a P/E ratio of 32.94, a P/E/G ratio of 2.17 and a beta of 0.98. IDEX Corporation has a 52-week low of $158.19 and a 52-week high of $243.80. The company’s 50 day simple moving average is $228.80 and its 200-day simple moving average is $213.88.

IDEX (NYSE:IEX) last posted 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. IDEX had a net margin of 14.49% and a return on equity of 15.69%. The firm had revenue of $920.60 million during the quarter, compared to analyst estimates of $905.38 million. During the same quarter last year, the business posted $2.07 EPS. The company’s revenue was up 6.4% on a year-over-year basis. 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, equities research analysts anticipate that IDEX Corporation will post 8.82 EPS for the current year.

IDEX Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 24th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.3%. IDEX’s payout ratio is currently 42.01%.

Insiders Place Their Bets

In related news, CAO Lisa M. Anderson sold 385 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $238.59, for a total transaction 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

IEX has been the topic of several recent research reports. Seaport Research Partners restated a “buy” rating and issued a $250.00 price target on shares of IDEX in a research report on Tuesday, May 5th. TD Cowen increased their price objective on IDEX from $260.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Oppenheimer reissued an “outperform” rating and set a $265.00 price objective on shares of IDEX in a research note on Thursday, July 30th. Mizuho upgraded IDEX from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $210.00 to $280.00 in a report on Tuesday, August 11th. Finally, Argus boosted their target price on IDEX from $250.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $260.80.

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.