Medina Value Partners LLC Takes $566,000 Position in IDEX Corporation $IEX

Medina Value Partners LLC acquired a new position in shares of IDEX Corporation (NYSE:IEX) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,479 shares of the industrial products company’s stock, valued at approximately $566,000. IDEX comprises 0.1% of Medina Value Partners LLC’s investment portfolio, making the stock its 28th biggest holding.

Other hedge funds also recently modified their holdings of the company. Empowered Funds LLC grew its position in shares of IDEX by 3.4% in the 1st quarter. Empowered Funds LLC now owns 1,646 shares of the industrial products company’s stock valued at $298,000 after purchasing an additional 54 shares during the period. Savant Capital LLC acquired a new position in shares of IDEX in the second quarter valued at approximately $290,000. Aviva PLC increased its position in shares of IDEX by 6.7% during the second quarter. Aviva PLC now owns 55,726 shares of the industrial products company’s stock worth $9,784,000 after acquiring an additional 3,484 shares in the last quarter. ProShare Advisors LLC raised its holdings in shares of IDEX by 13.0% during the second quarter. ProShare Advisors LLC now owns 12,974 shares of the industrial products company’s stock worth $2,278,000 after acquiring an additional 1,492 shares during the period. Finally, National Pension Service lifted its position in IDEX by 340.5% in the 2nd quarter. National Pension Service now owns 1,229 shares of the industrial products company’s stock valued at $216,000 after acquiring an additional 950 shares in the last quarter. Institutional investors and hedge funds own 97.96% of the company’s stock.

Analysts Set New Price Targets

IEX has been the subject of a number of recent research reports. Citigroup upped their price target on IDEX from $202.00 to $243.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Argus raised shares of IDEX from a “hold” rating to a “buy” rating and set a $240.00 price objective on the stock in a research report on Friday, February 6th. TD Cowen raised their target price on shares of IDEX from $200.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Robert W. Baird set a $247.00 price target on shares of IDEX in a research note on Thursday, February 5th. Finally, Royal Bank Of Canada boosted their price target on shares of IDEX from $211.00 to $244.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $228.22.

IDEX Stock Down 0.1%

Shares of NYSE:IEX traded down $0.25 during midday trading on Friday, hitting $187.86. The stock had a trading volume of 46,879 shares, compared to its average volume of 793,136. The company has a market cap of $13.97 billion, a P/E ratio of 29.36, a PEG ratio of 1.96 and a beta of 0.98. IDEX Corporation has a 12 month low of $153.36 and a 12 month high of $217.15. The business’s 50-day simple moving average is $199.92 and its 200-day simple moving average is $179.54. The company has a quick ratio of 2.02, a current ratio of 2.86 and a debt-to-equity ratio of 0.45.

IDEX (NYSE:IEX) last posted its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.06. IDEX had a net margin of 13.98% and a return on equity of 15.03%. The firm had revenue of $899.10 million for the quarter, compared to analyst estimates of $882.00 million. During the same period in the prior year, the firm posted $2.04 earnings per share. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS. On average, sell-side analysts forecast that IDEX Corporation will post 8.26 earnings per share for the current fiscal year.

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.