Corient Private Wealth LP Acquires New Stake in IDEX Corporation $IEX

Corient Private Wealth LP bought a new position in shares of IDEX Corporation (NYSE:IEX) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 215,589 shares of the industrial products company’s stock, valued at approximately $48,928,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Optiver Holding B.V. acquired a new position in IDEX in the 1st quarter valued at about $27,000. Quantbot Technologies LP acquired a new stake in shares of IDEX during the second quarter worth about $33,000. SJS Investment Consulting Inc. boosted its stake in shares of IDEX by 104.1% in the first quarter. SJS Investment Consulting Inc. now owns 149 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 76 shares during the period. Laurel Wealth Advisors LLC acquired a new position in shares of IDEX in the fourth quarter valued at approximately $27,000. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of IDEX in the second quarter valued at approximately $35,000. 97.96% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CAO Lisa M. Anderson sold 385 shares of IDEX stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $238.59, for a total transaction of $91,857.15. Following the completion of the sale, the chief accounting officer directly owned 4,327 shares of the company’s stock, valued at approximately $1,032,378.93. The trade was a 8.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.50% of the company’s stock.

IDEX Stock Down 0.4%

IEX stock opened at $234.00 on Friday. The company’s 50 day moving average price is $228.63 and its 200 day moving average price is $213.63. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.15 and a current ratio of 3.05. IDEX Corporation has a fifty-two week low of $158.19 and a fifty-two week high of $243.80. The firm has a market capitalization of $17.25 billion, a price-to-earnings ratio of 33.67, a PEG ratio of 2.22 and a beta of 0.98.

IDEX (NYSE:IEX) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $2.32 earnings per share for the quarter, beating the consensus estimate of $2.11 by $0.21. IDEX had a net margin of 14.49% and a return on equity of 15.69%. The firm had revenue of $920.60 million for the quarter, compared to analysts’ expectations of $905.38 million. During the same quarter last year, the company earned $2.07 earnings per share. The firm’s revenue was up 6.4% compared to the same quarter last year. IDEX has set its FY 2026 guidance at 8.700-8.850 EPS and its Q3 2026 guidance at 2.200-2.250 EPS. On average, equities research analysts anticipate that IDEX Corporation will post 8.82 EPS for the current fiscal year.

IDEX Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 6th were issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Monday, July 6th. IDEX’s dividend payout ratio (DPR) is presently 42.01%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on IEX shares. Oppenheimer reiterated an “outperform” rating and set a $265.00 target price on shares of IDEX in a report on Thursday, July 30th. Citigroup boosted their price target on shares of IDEX from $252.00 to $269.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Mizuho raised IDEX from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $210.00 to $280.00 in a research report on Tuesday, August 11th. Stifel Nicolaus increased their price objective on IDEX from $257.00 to $268.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, Weiss Ratings upgraded IDEX from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 30th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, IDEX currently has an average rating of “Moderate Buy” and an average target price of $260.80.

Key Stories Impacting IDEX

Here are the key news stories impacting IDEX this week:

• Positive Sentiment: Zacks Research raised several EPS estimates, including forecasts for fiscal 2026, fiscal 2027, fiscal 2028, Q4 2026, Q1 2027, Q4 2027, Q1 2028 and Q2 2028. The fiscal 2028 estimate increased to $10.54 from $10.45, while the fiscal 2027 forecast rose to $9.26 from $9.21, signaling improving longer-term earnings expectations.
• Positive Sentiment: Analysts remain cautiously optimistic about IDEX’s prospects, and the company has outperformed the broader market over the past year. The latest consensus forecast calls for approximately $8.82 in current-year EPS, compared with the company’s guidance range of $8.70 to $8.85. Are Wall Street Analysts Predicting IDEX Stock Will Climb or Sink?
• Neutral Sentiment: The stock is trading near its 52-week high and above both its 50-day and 200-day moving averages, reflecting strong momentum. However, its price-to-earnings ratio of about 33.7 suggests investors are already paying a premium for expected growth, which may limit additional gains without further earnings upgrades.
• Negative Sentiment: Zacks Research slightly reduced its Q3 2026 EPS forecast to $2.19 from $2.20. Although the change is minor and remains close to the broader outlook, it provides a modest near-term headwind and may contribute to investor caution.

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.