Zacks Research Comments on IDEX’s FY2026 Earnings (NYSE:IEX)

IDEX Co. (NYSE:IEX) – Analysts at Zacks Research decreased their FY2026 EPS estimates for IDEX in a research note issued to investors on Monday, January 27th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings of $9.22 per share for the year, down from their previous forecast of $9.24. The consensus estimate for IDEX’s current full-year earnings is $7.89 per share.

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

IDEX Price Performance

NYSE IEX opened at $224.02 on Thursday. The company has a market cap of $16.96 billion, a P/E ratio of 34.68, a P/E/G ratio of 2.17 and a beta of 0.97. IDEX has a 1 year low of $189.51 and a 1 year high of $246.36. 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 company has a fifty day simple moving average of $219.07 and a 200 day simple moving average of $211.76.

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

Institutional Trading of IDEX

Hedge funds have recently modified their holdings of the company. Catalyst Capital Advisors LLC grew its position in IDEX by 73.8% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 139 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 59 shares during the last quarter. Assetmark Inc. bought a new stake in shares of IDEX during the third quarter worth $39,000. Livforsakringsbolaget Skandia Omsesidigt increased its stake in shares of IDEX by 100.0% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 200 shares of the industrial products company’s stock valued at $43,000 after buying an additional 100 shares in the last quarter. Brooklyn Investment Group bought a new position in shares of IDEX in the third quarter valued at about $86,000. Finally, Fred Alger Management LLC acquired a new position in IDEX during the 3rd quarter worth about $89,000. Institutional investors and hedge funds own 97.96% of the company’s stock.

IDEX Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be issued a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a yield of 1.23%. The ex-dividend date is Friday, January 17th. IDEX’s dividend payout ratio is currently 42.72%.

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.