Zacks Research Comments on IDEX’s Q1 Earnings (NYSE:IEX)

IDEX Co. (NYSE:IEX) – Equities research analysts at Zacks Research lifted their Q1 2026 earnings per share (EPS) estimates for IDEX in a research note issued on Tuesday, November 19th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings of $2.26 per share for the quarter, up from their prior estimate of $2.24. The consensus estimate for IDEX’s current full-year earnings is $7.88 per share.

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

Several other research firms have also recently issued reports on IEX. Argus cut IDEX from a “buy” rating to a “hold” rating in a research report on Wednesday, August 14th. DA Davidson dropped their price objective on IDEX from $220.00 to $210.00 and set a “neutral” rating on the stock in a report on Monday, August 5th. Robert W. Baird decreased their target price on shares of IDEX from $245.00 to $241.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. Stifel Nicolaus increased their price target on shares of IDEX from $232.00 to $244.00 and gave the company a “buy” rating in a report on Wednesday, October 16th. Finally, TD Cowen reduced their price objective on shares of IDEX from $240.00 to $230.00 and set a “buy” rating for the company in a research note on Wednesday, August 7th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $241.14.

IDEX Trading Up 2.2 %

Shares of IDEX stock opened at $232.50 on Friday. The firm has a market cap of $17.60 billion, a price-to-earnings ratio of 35.99, a price-to-earnings-growth ratio of 2.36 and a beta of 0.96. IDEX has a 52-week low of $189.51 and a 52-week high of $246.36. The company’s 50-day simple moving average is $215.08 and its 200-day simple moving average is $207.96. The company has a quick ratio of 2.11, a current ratio of 2.97 and a debt-to-equity ratio of 0.54.

Institutional Trading of IDEX

Several institutional investors and hedge funds have recently modified their holdings of the business. Catalyst Capital Advisors LLC raised its position in shares of 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 purchasing an additional 59 shares during the last quarter. Assetmark Inc. acquired a new position in shares of IDEX in the third quarter worth $39,000. Livforsakringsbolaget Skandia Omsesidigt lifted its position 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 acquiring an additional 100 shares in the last quarter. EdgeRock Capital LLC acquired a new stake in shares of IDEX during the second quarter valued at $41,000. Finally, Whittier Trust Co. increased its position in IDEX by 38.4% during the 2nd quarter. Whittier Trust Co. now owns 209 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 97.96% of the company’s stock.

IDEX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be given a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend is Friday, January 17th. IDEX’s payout ratio is currently 42.72%.

IDEX Company Profile

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.