IDEX (NYSE:IEX) Updates FY 2026 Earnings Guidance

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

Analysts Set New Price Targets

Several brokerages have recently commented on IEX. Royal Bank Of Canada increased their target price on shares of IDEX from $261.00 to $280.00 and gave the company an “outperform” rating in a report on Thursday. Robert W. Baird set a $257.00 target price on shares of IDEX in a research report on Thursday, April 30th. Citigroup boosted their target price on IDEX from $252.00 to $269.00 and gave the stock a “buy” rating in a research note on Thursday. Stifel Nicolaus increased their price target on IDEX from $257.00 to $268.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Oppenheimer reissued an “outperform” rating and issued a $265.00 price objective on shares of IDEX in a research report on Thursday. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $251.44.

IDEX Price Performance

IEX opened at $230.04 on Friday. The company has a market capitalization of $17.03 billion, a price-to-earnings ratio of 33.11, a PEG ratio of 2.18 and a beta of 0.98. The company has a quick ratio of 2.40, a current ratio of 3.05 and a debt-to-equity ratio of 0.46. The firm has a 50-day moving average price of $220.83 and a 200-day moving average price of $208.39. IDEX has a twelve month low of $157.25 and a twelve month high of $243.80.

IDEX (NYSE:IEX) last released its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $2.32 EPS for the quarter, topping the consensus estimate of $2.11 by $0.21. The company had revenue of $920.60 million during the quarter, compared to the consensus estimate of $905.38 million. IDEX had a net margin of 14.49% and a return on equity of 15.69%. IDEX’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period last year, the firm earned $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. Equities analysts expect that IDEX will post 8.78 EPS 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. The ex-dividend date was Monday, July 6th. This represents a $2.92 annualized dividend and a yield of 1.3%. IDEX’s dividend payout ratio (DPR) is currently 42.01%.

Insider Activity at IDEX

In other news, CEO Eric D. Ashleman sold 15,385 shares of the business’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 completion of the transaction, the chief executive officer directly owned 66,658 shares in the company, valued at $14,346,134.76. The trade was a 18.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On IDEX

A number of hedge funds and other institutional investors have recently modified their holdings of IEX. Pacer Advisors Inc. increased its stake in IDEX by 4.9% in the 4th quarter. Pacer Advisors Inc. now owns 6,393 shares of the industrial products company’s stock worth $1,138,000 after purchasing an additional 297 shares during the period. Alberta Investment Management Corp bought a new stake in IDEX during the 4th quarter valued at $1,406,000. Mercer Global Advisors Inc. ADV boosted its position in IDEX by 55.5% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 9,572 shares of the industrial products company’s stock valued at $1,703,000 after buying an additional 3,415 shares during the period. EP Wealth Advisors LLC purchased a new position in shares of IDEX in the fourth quarter valued at about $210,000. Finally, Mackenzie Financial Corp raised its stake in shares of IDEX by 2.8% during the fourth quarter. Mackenzie Financial Corp now owns 2,562 shares of the industrial products company’s stock valued at $458,000 after acquiring an additional 70 shares during the last quarter. 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.