IDEX (NYSE:IEX) Releases FY 2026 Earnings Guidance

IDEX (NYSE:IEX) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 8.700-8.850 for the period, compared to the consensus earnings per share estimate of 8.490. The company issued revenue guidance of -. IDEX also updated its Q3 2026 guidance to 2.200-2.250 EPS.

IDEX Stock Up 2.8%

NYSE IEX traded up $6.35 during midday trading on Wednesday, hitting $231.00. 848,942 shares of the company traded hands, compared to its average volume of 769,791. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.39 and a quick ratio of 2.40. The company has a market cap of $17.10 billion, a PE ratio of 34.14, a price-to-earnings-growth ratio of 2.20 and a beta of 0.98. The company’s 50-day simple moving average is $219.84 and its 200-day simple moving average is $207.73. IDEX has a 52 week low of $157.25 and a 52 week high of $243.80.

IDEX (NYSE:IEX) last announced its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.11 by $0.21. The business had revenue of $920.60 million for the quarter, compared to the consensus estimate of $905.38 million. IDEX had a return on equity of 15.29% and a net margin of 14.38%.The business’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the business posted $2.07 EPS. IDEX has set its FY 2026 guidance at 8.700-8.850 EPS and its Q3 2026 guidance at 2.200-2.250 EPS. As a group, equities research analysts forecast that IDEX will post 8.48 earnings per share for the current year.

IDEX Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages have commented on IEX. Oppenheimer boosted their target price on shares of IDEX from $250.00 to $260.00 and gave the stock an “outperform” rating in a report on Tuesday, July 21st. Weiss Ratings upgraded shares of IDEX from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. Stifel Nicolaus lifted their price objective on shares of IDEX from $250.00 to $257.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. Citigroup boosted their price objective on shares of IDEX from $243.00 to $252.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Royal Bank Of Canada increased their target price on shares of IDEX from $252.00 to $261.00 and gave the company an “outperform” rating in a research report on Thursday, July 16th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $244.00.

Insider Transactions at IDEX

In other IDEX news, CEO Eric D. Ashleman sold 15,385 shares of the company’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 transaction of $3,311,159.70. Following the transaction, the chief executive officer owned 66,658 shares in the company, valued at approximately $14,346,134.76. This represents a 18.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.50% of the company’s stock.

Key Headlines Impacting IDEX

Here are the key news stories impacting IDEX this week:

• Positive Sentiment: Quarterly results exceeded expectations. IDEX reported adjusted earnings of $2.32 per share, above the $2.11 consensus estimate and up from $2.07 a year earlier. Revenue reached $920.6 million, topping the $905.4 million estimate and increasing 6.4% year over year. IDEX quarterly earnings report
• Positive Sentiment: Demand indicators were particularly strong. Orders rose 29% on a reported basis, or 28% organically, to a record $1.07 billion. The company also reported $143.4 million in net income, compared with $131.6 million in the prior-year quarter, while diluted EPS increased 11% to $1.93. IDEX Q2 sales rise to record $921 million
• Positive Sentiment: Management raised its outlook. Full-year 2026 adjusted EPS guidance was set at $8.70–$8.85, above the $8.49 analyst consensus, while third-quarter guidance of $2.20–$2.25 also exceeded the $2.19 estimate. Full-year organic sales growth is projected at 5%–6%.
• Positive Sentiment: IDEX returned capital to shareholders through $77 million of share repurchases and $54 million in dividends, supporting the investment case.
• Neutral Sentiment: Analysts maintained an overall “Moderate Buy” consensus, while institutional ownership changes were mixed, with several large funds adding shares and others reducing or exiting positions. IDEX analyst recommendation
• Negative Sentiment: Insider activity was a modest caution: CEO Eric Ashleman sold 15,385 shares during the past six months and reported no purchases. The stock also trades at a relatively elevated valuation of roughly 34 times earnings, which could increase sensitivity to any slowdown.

Hedge Funds Weigh In On IDEX

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC increased its holdings in shares of IDEX by 3.4% in the first 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. EverSource Wealth Advisors LLC lifted its holdings 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 worth $183,000 after purchasing an additional 304 shares during the period. Cresset Asset Management LLC purchased a new stake in IDEX in the second quarter valued at approximately $219,000. Cerity Partners LLC increased its holdings in IDEX by 23.9% in the 2nd 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 during the period. Finally, Daiwa Securities Group Inc. raised its position in IDEX by 4.0% during the 2nd quarter. Daiwa Securities Group Inc. now owns 13,513 shares of the industrial products company’s stock worth $2,373,000 after buying an additional 518 shares during the last quarter. Hedge funds and other institutional investors own 97.96% of the company’s stock.

IDEX Company 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.