Equities Analysts Set Expectations for IDEX Q1 Earnings

IDEX Co. (NYSE:IEX) – Equities research analysts at Zacks Research dropped their Q1 2026 earnings per share estimates for IDEX in a research note issued on Monday, January 27th. Zacks Research analyst R. Department now forecasts that the industrial products company will post earnings of $2.21 per share for the quarter, down from their prior forecast of $2.22. The consensus estimate for IDEX’s current full-year earnings is $7.89 per share.

A number of other research analysts have also commented on IEX. Citigroup lowered their price objective on shares of IDEX from $269.00 to $267.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Robert W. Baird lowered their price objective on shares of IDEX from $245.00 to $241.00 and set an “outperform” rating on the stock in a research note on Thursday, October 31st. Stifel Nicolaus raised their target price on shares of IDEX from $244.00 to $256.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Finally, Royal Bank of Canada upped their price target on IDEX from $248.00 to $258.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $242.86.

IDEX Price Performance

Shares of IEX opened at $219.23 on Wednesday. The company has a current ratio of 2.97, a quick ratio of 2.11 and a debt-to-equity ratio of 0.54. The firm has a market cap of $16.60 billion, a price-to-earnings ratio of 33.94, a PEG ratio of 2.17 and a beta of 0.97. IDEX has a 52 week low of $189.51 and a 52 week high of $246.36. The stock has a 50 day moving average of $219.14 and a 200-day moving average of $211.68.

IDEX (NYSE:IEX) last posted its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $1.90 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.01. The firm had revenue of $798.20 million for the quarter, compared to the consensus estimate of $793.05 million. IDEX had a net margin of 15.35% and a return on equity of 15.92%. The firm’s revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.12 EPS.

IDEX Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be given a $0.69 dividend. This represents a $2.76 annualized dividend and a yield of 1.26%. The ex-dividend date is Friday, January 17th. IDEX’s dividend payout ratio is currently 42.72%.

Institutional Trading of IDEX

A number of hedge funds have recently bought and sold shares of IEX. State Street Corp raised its stake in shares of IDEX by 0.5% in the third quarter. State Street Corp now owns 3,017,976 shares of the industrial products company’s stock valued at $647,356,000 after purchasing an additional 15,077 shares in the last quarter. Wellington Management Group LLP boosted its holdings in IDEX by 108.4% during the third quarter. Wellington Management Group LLP now owns 2,830,929 shares of the industrial products company’s stock valued at $607,234,000 after purchasing an additional 1,472,456 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of IDEX by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 1,891,175 shares of the industrial products company’s stock valued at $404,339,000 after purchasing an additional 23,388 shares during the period. Champlain Investment Partners LLC lifted its position in shares of IDEX by 28.8% during the 3rd quarter. Champlain Investment Partners LLC now owns 1,223,676 shares of the industrial products company’s stock worth $262,479,000 after buying an additional 273,460 shares during the period. Finally, Barclays PLC boosted its stake in IDEX by 1.2% in the 3rd quarter. Barclays PLC now owns 1,177,645 shares of the industrial products company’s stock valued at $252,603,000 after buying an additional 14,360 shares in the last quarter. 97.96% of the stock is owned by 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.