Baader Bank Aktiengesellschaft Has $4.95 Million Stock Holdings in IDEX Corporation $IEX

Baader Bank Aktiengesellschaft increased its stake in IDEX Corporation (NYSE:IEX) by 27.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 27,809 shares of the industrial products company’s stock after buying an additional 6,000 shares during the period. Baader Bank Aktiengesellschaft’s holdings in IDEX were worth $4,948,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IEX. Allworth Financial LP lifted its stake in IDEX by 119.5% during the 4th quarter. Allworth Financial LP now owns 597 shares of the industrial products company’s stock valued at $106,000 after acquiring an additional 325 shares in the last quarter. Swiss Life Asset Management Ltd grew its stake in shares of IDEX by 15.6% in the 4th quarter. Swiss Life Asset Management Ltd now owns 17,389 shares of the industrial products company’s stock worth $3,094,000 after acquiring an additional 2,346 shares in the last quarter. Manning & Napier Advisors LLC bought a new stake in shares of IDEX in the 4th quarter worth $240,000. Ethic Inc. bought a new stake in shares of IDEX in the 4th quarter worth $766,000. Finally, ASR Vermogensbeheer N.V. grew its stake in shares of IDEX by 7.2% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 171,472 shares of the industrial products company’s stock worth $30,511,000 after acquiring an additional 11,538 shares in the last quarter. 97.96% of the stock is owned by institutional investors and hedge funds.

IDEX Stock Down 0.8%

IEX stock opened at $212.12 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.40 and a current ratio of 3.39. The company has a market capitalization of $15.70 billion, a price-to-earnings ratio of 31.38, a PEG ratio of 2.10 and a beta of 1.02. IDEX Corporation has a fifty-two week low of $157.25 and a fifty-two week high of $223.85. The stock has a fifty day moving average of $199.93 and a 200-day moving average of $190.51.

IDEX (NYSE:IEX) last posted its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $845.58 million. IDEX had a return on equity of 15.29% and a net margin of 14.38%.The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.75 EPS. 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 research analysts predict that IDEX Corporation will post 8.5 earnings per share for the current year.

IDEX Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, May 22nd. This is a positive change from IDEX’s previous quarterly dividend of $0.71. IDEX’s dividend payout ratio is currently 42.01%.

Insider Buying and Selling

In other IDEX news, CEO Eric D. Ashleman sold 15,385 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $215.22, for a total value of $3,311,159.70. Following the completion of the transaction, the chief executive officer owned 66,658 shares in the company, valued at $14,346,134.76. This trade represents a 18.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on IEX. Stifel Nicolaus set a $250.00 target price on shares of IDEX in a research note on Thursday, April 30th. Citigroup upped their target price 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. BMO Capital Markets began coverage on shares of IDEX in a research note on Friday, March 27th. They issued a “market perform” rating and a $214.00 target price for the company. DA Davidson upped their target price 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. Finally, Robert W. Baird set a $257.00 price objective on IDEX in a research note on Thursday, April 30th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $234.70.

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.