IDEX Corporation $IEX Shares Acquired by Regents Gate Capital LLP

Regents Gate Capital LLP raised its position in shares of IDEX Corporation (NYSE:IEX) by 12.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,521 shares of the industrial products company’s stock after purchasing an additional 9,218 shares during the period. IDEX makes up approximately 4.6% of Regents Gate Capital LLP’s investment portfolio, making the stock its 5th biggest position. Regents Gate Capital LLP’s holdings in IDEX were worth $14,506,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IEX. Empowered Funds LLC raised its position in IDEX by 3.4% during 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 in the last quarter. EverSource Wealth Advisors LLC raised its position in 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 purchasing an additional 304 shares in the last quarter. Cresset Asset Management LLC acquired a new position in IDEX during the second quarter valued at approximately $219,000. Cerity Partners LLC raised its position in IDEX by 23.9% during the second quarter. Cerity Partners LLC now owns 18,658 shares of the industrial products company’s stock valued at $3,276,000 after purchasing an additional 3,604 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its holdings in shares of IDEX by 4.0% during the second 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 in the last quarter. 97.96% of the stock is currently owned by institutional investors and hedge funds.

IDEX Stock Performance

NYSE IEX opened at $216.93 on Friday. The company has a market capitalization of $16.05 billion, a price-to-earnings ratio of 32.09, a PEG ratio of 2.10 and a beta of 1.00. IDEX Corporation has a twelve month low of $157.25 and a twelve month high of $223.94. The stock has a fifty day simple moving average of $207.95 and a 200 day simple moving average of $197.07. The company has a quick ratio of 2.40, a current ratio of 3.39 and a debt-to-equity ratio of 0.46.

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, beating analysts’ consensus estimates of $1.78 by $0.22. The business 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%.IDEX’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the business posted $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. Sell-side analysts expect that IDEX Corporation will post 8.49 EPS for the current year.

IDEX Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.3%. This is an increase from IDEX’s previous quarterly dividend of $0.71. The ex-dividend date of this dividend was Friday, May 22nd. IDEX’s payout ratio is currently 43.20%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Stifel Nicolaus set a $250.00 price target on shares of IDEX in a report on Thursday, April 30th. Citigroup increased their price objective on IDEX from $243.00 to $252.00 and gave the company a “buy” rating in a report on Thursday, April 30th. TD Cowen increased their price objective on IDEX from $250.00 to $260.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Seaport Research Partners restated a “buy” rating and issued a $250.00 price objective on shares of IDEX in a report on Tuesday, May 5th. Finally, Robert W. Baird set a $257.00 price objective on IDEX in a report on Thursday, April 30th. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $241.11.

Insider Buying and Selling

In other IDEX news, CEO Eric D. Ashleman sold 15,385 shares of the company’s 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 sale, the chief executive officer owned 66,658 shares of the company’s stock, valued at approximately $14,346,134.76. This represents a 18.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.50% of the company’s stock.

IDEX 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.