Zacks Research Issues Optimistic Outlook for IDEX Earnings

IDEX Corporation (NYSE:IEX) – Equities research analysts at Zacks Research boosted their Q1 2027 earnings estimates for shares of IDEX in a research report issued on Thursday, July 9th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $2.09 per share for the quarter, up from their previous forecast of $2.07. The consensus estimate for IDEX’s current full-year earnings is $8.49 per share. Zacks Research also issued estimates for IDEX’s Q3 2027 earnings at $2.34 EPS, Q4 2027 earnings at $2.33 EPS, FY2027 earnings at $9.20 EPS, Q1 2028 earnings at $2.36 EPS, Q2 2028 earnings at $2.54 EPS and FY2028 earnings at $10.27 EPS.

Several other equities research analysts have also recently commented on IEX. Weiss Ratings raised IDEX from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. TD Cowen boosted their target price on shares of IDEX from $250.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Stifel Nicolaus set a $250.00 price target on shares of IDEX in a research note on Thursday, April 30th. Robert W. Baird set a $257.00 price target on IDEX in a research report on Thursday, April 30th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $250.00 target price (up from $242.00) on shares of IDEX in a research note on Tuesday, June 2nd. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $241.11.

IDEX Stock Performance

Shares of NYSE IEX opened at $219.80 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.39 and a quick ratio of 2.40. IDEX has a one year low of $157.25 and a one year high of $230.18. The business’s 50-day moving average price is $217.24 and its two-hundred day moving average price is $203.76. The company has a market capitalization of $16.27 billion, a P/E ratio of 32.51, a price-to-earnings-growth ratio of 2.14 and a beta of 0.98.

IDEX (NYSE:IEX) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.22. The business had revenue of $886.90 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company 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.

IDEX Announces Dividend

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

Insiders Place Their Bets

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 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 of the company’s stock, valued at $14,346,134.76. This represents a 18.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.50% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On IDEX

Several institutional investors and hedge funds have recently bought and sold shares of IEX. Wellington Management Group LLP lifted its holdings in shares of IDEX by 3.4% during the 3rd quarter. Wellington Management Group LLP now owns 6,477,929 shares of the industrial products company’s stock worth $1,054,348,000 after acquiring an additional 211,696 shares during the period. Primecap Management Co. CA grew its stake in shares of IDEX by 86.5% in the 4th quarter. Primecap Management Co. CA now owns 3,226,787 shares of the industrial products company’s stock valued at $574,174,000 after purchasing an additional 1,496,207 shares during the period. State Street Corp raised its holdings in shares of IDEX by 0.6% in the 4th quarter. State Street Corp now owns 3,172,410 shares of the industrial products company’s stock worth $564,499,000 after buying an additional 17,668 shares in the last quarter. Geode Capital Management LLC boosted its stake in IDEX by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 2,034,942 shares of the industrial products company’s stock valued at $360,740,000 after buying an additional 7,844 shares in the last quarter. Finally, Van ECK Associates Corp grew its position in IDEX by 3.3% in the fourth quarter. Van ECK Associates Corp now owns 1,976,856 shares of the industrial products company’s stock valued at $351,762,000 after acquiring an additional 63,699 shares during the period. 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.