DNB Asset Management AS Has $6.61 Million Holdings in IDEX Corporation $IEX

DNB Asset Management AS boosted its position in shares of IDEX Corporation (NYSE:IEX) by 97.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,583 shares of the industrial products company’s stock after purchasing an additional 20,035 shares during the period. DNB Asset Management AS owned about 0.05% of IDEX worth $6,605,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Capital A Wealth Management LLC acquired a new position in shares of IDEX during the second quarter worth about $28,000. UMB Bank n.a. raised its position in IDEX by 61.0% in the 3rd quarter. UMB Bank n.a. now owns 198 shares of the industrial products company’s stock valued at $32,000 after buying an additional 75 shares during the last quarter. Loomis Sayles & Co. L P bought a new stake in IDEX in the 2nd quarter valued at approximately $33,000. CYBER HORNET ETFs LLC acquired a new position in IDEX during the 2nd quarter worth approximately $35,000. Finally, MUFG Securities EMEA plc acquired a new position in IDEX during the 2nd quarter worth approximately $39,000. 97.96% of the stock is currently owned by institutional investors.

IDEX Stock Performance

NYSE IEX opened at $209.06 on Monday. The firm has a market capitalization of $15.54 billion, a P/E ratio of 32.61, a price-to-earnings-growth ratio of 2.11 and a beta of 0.98. The company has a current ratio of 2.86, a quick ratio of 2.02 and a debt-to-equity ratio of 0.45. The firm’s fifty day moving average price is $196.09 and its two-hundred day moving average price is $177.49. IDEX Corporation has a 1 year low of $153.36 and a 1 year high of $217.15.

IDEX (NYSE:IEX) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.10 EPS for the quarter, beating analysts’ consensus estimates of $2.04 by $0.06. The company had revenue of $899.10 million during the quarter, compared to the consensus estimate of $882.00 million. IDEX had a net margin of 13.98% and a return on equity of 15.03%. The company’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the firm posted $2.04 EPS. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS. As a group, research analysts anticipate that IDEX Corporation will post 8.26 EPS for the current year.

Analysts Set New Price Targets

IEX has been the topic of a number of recent research reports. TD Cowen lifted their price objective on shares of IDEX from $200.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Robert W. Baird set a $247.00 target price on shares of IDEX in a research report on Thursday, February 5th. Stifel Nicolaus lifted their price target on shares of IDEX from $200.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Oppenheimer reissued an “outperform” rating and set a $230.00 price target on shares of IDEX in a research report on Thursday, February 5th. Finally, DA Davidson increased their price objective on shares of IDEX from $180.00 to $195.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $228.22.

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.