Inceptionr LLC Makes New $697,000 Investment in IDEX Corporation $IEX

Inceptionr LLC purchased a new stake in IDEX Corporation (NYSE:IEX) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,677 shares of the industrial products company’s stock, valued at approximately $697,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IEX. Empowered Funds LLC boosted its stake in IDEX by 3.4% in 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 period. EverSource Wealth Advisors LLC increased its position in shares of IDEX by 41.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,043 shares of the industrial products company’s stock valued at $183,000 after buying an additional 304 shares during the period. Cresset Asset Management LLC purchased a new stake in shares of IDEX in the second quarter worth about $219,000. Cerity Partners LLC lifted its holdings in shares of IDEX by 23.9% in the second quarter. Cerity Partners LLC now owns 18,658 shares of the industrial products company’s stock worth $3,276,000 after buying an additional 3,604 shares in the last quarter. Finally, Daiwa Securities Group Inc. boosted its position in shares of IDEX by 4.0% in the second quarter. Daiwa Securities Group Inc. now owns 13,513 shares of the industrial products company’s stock valued at $2,373,000 after acquiring an additional 518 shares during the period. 97.96% of the stock is currently owned by institutional investors.

IDEX Stock Performance

Shares of IEX opened at $223.13 on Friday. IDEX Corporation has a 12-month low of $157.25 and a 12-month high of $231.70. The company has a current ratio of 3.39, a quick ratio of 2.40 and a debt-to-equity ratio of 0.46. The company has a market cap of $16.51 billion, a PE ratio of 33.01, a price-to-earnings-growth ratio of 2.18 and a beta of 0.98. The stock has a 50-day moving average price of $219.14 and a 200-day moving average price of $206.95.

IDEX (NYSE:IEX) last posted its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.22. The company had revenue of $886.90 million for the quarter, compared to analysts’ expectations of $845.58 million. IDEX had a net margin of 14.38% and a return on equity of 15.29%. IDEX’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.75 earnings per share. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. As a group, equities analysts forecast that IDEX Corporation will post 8.48 earnings per share for the current fiscal year.

IDEX Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 6th were issued a $0.73 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. IDEX’s dividend payout ratio is presently 43.20%.

Insider Buying and Selling at IDEX

In other news, CEO Eric D. Ashleman sold 15,385 shares of IDEX stock in a transaction on Monday, May 11th. The shares were sold at an average price of $215.22, for a total transaction of $3,311,159.70. Following the completion of the sale, the chief executive officer directly owned 66,658 shares of the company’s stock, valued at approximately $14,346,134.76. The trade was a 18.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on IEX shares. Stifel Nicolaus boosted their price objective on shares of IDEX from $250.00 to $257.00 and gave the company a “buy” rating in a research note on Monday. Royal Bank Of Canada increased their target price on shares of IDEX from $252.00 to $261.00 and gave the stock an “outperform” rating in a research note on Thursday, July 16th. Oppenheimer raised their price target on shares of IDEX from $250.00 to $260.00 and gave the company an “outperform” rating in a report on Tuesday. Citigroup boosted their price target on shares of IDEX from $243.00 to $252.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, BMO Capital Markets assumed coverage on shares of IDEX in a report on Friday, March 27th. They issued a “market perform” rating and a $214.00 price target on the stock. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $244.00.

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.