IDEX (NYSE:IEX – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.200-2.250 for the period, compared to the consensus EPS estimate of 2.190. The company issued revenue guidance of -. IDEX also updated its FY 2026 guidance to 8.700-8.850 EPS.
IDEX Stock Up 0.5%
NYSE IEX opened at $224.94 on Wednesday. IDEX has a 1-year low of $157.25 and a 1-year high of $231.70. The company has a market capitalization of $16.65 billion, a price-to-earnings ratio of 33.27, a PEG ratio of 2.20 and a beta of 0.98. The stock’s 50 day moving average is $219.84 and its two-hundred day moving average is $207.73. The company has a current ratio of 3.39, a quick ratio of 2.40 and a debt-to-equity ratio of 0.46.
IDEX (NYSE:IEX – Get Free Report) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.11 by $0.21. IDEX had a return on equity of 15.29% and a net margin of 14.38%.The business had revenue of $920.60 million during the quarter, compared to analysts’ expectations of $905.38 million. IDEX has set its FY 2026 guidance at 8.700-8.850 EPS and its Q3 2026 guidance at 2.200-2.250 EPS. Equities analysts forecast that IDEX will post 8.48 earnings per share for the current fiscal year.
IDEX Announces Dividend
Analyst Ratings Changes
A number of research firms have recently issued reports on IEX. Stifel Nicolaus lifted their target price on shares of IDEX from $250.00 to $257.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Weiss Ratings upgraded shares of IDEX from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Robert W. Baird set a $257.00 target price on shares of IDEX in a report on Thursday, April 30th. Seaport Research Partners reissued a “buy” rating and issued a $250.00 target price on shares of IDEX in a research note on Tuesday, May 5th. Finally, Citigroup lifted their target price on IDEX from $243.00 to $252.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, IDEX currently has a consensus rating of “Moderate Buy” and a consensus target price of $244.00.
Insiders Place Their Bets
In other news, CEO Eric D. Ashleman sold 15,385 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $215.22, for a total value of $3,311,159.70. Following the sale, the chief executive officer directly owned 66,658 shares in the company, valued at approximately $14,346,134.76. This trade represents a 18.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.50% of the stock is owned by company insiders.
Institutional Trading of IDEX
Several institutional investors have recently modified their holdings of IEX. Empowered Funds LLC raised its position in IDEX by 3.4% during the 1st quarter. Empowered Funds LLC now owns 1,646 shares of the industrial products company’s stock worth $298,000 after purchasing an additional 54 shares during the last quarter. Mackenzie Financial Corp grew its position in shares of IDEX by 2.8% in the 4th quarter. Mackenzie Financial Corp now owns 2,562 shares of the industrial products company’s stock valued at $458,000 after buying an additional 70 shares during the last quarter. Parallel Advisors LLC increased its stake in shares of IDEX by 18.6% in the third quarter. Parallel Advisors LLC now owns 664 shares of the industrial products company’s stock valued at $108,000 after buying an additional 104 shares during the period. Benjamin Edwards Inc. increased its stake in shares of IDEX by 9.6% in the second quarter. Benjamin Edwards Inc. now owns 1,403 shares of the industrial products company’s stock valued at $246,000 after buying an additional 123 shares during the period. Finally, Commerce Bank raised its position in shares of IDEX by 5.1% during the fourth quarter. Commerce Bank now owns 2,611 shares of the industrial products company’s stock worth $465,000 after acquiring an additional 126 shares during the last quarter. Institutional investors own 97.96% of the company’s stock.
About IDEX
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.
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