Zacks Research Weighs in on IDEX’s Q1 Earnings (NYSE:IEX)

IDEX Corporation (NYSE:IEX) – Stock analysts at Zacks Research raised their Q1 2027 earnings per share estimates for shares of IDEX in a research note issued to investors on Thursday, October 1st. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $2.13 per share for the quarter, up from their prior forecast of $2.12. The consensus estimate for IDEX’s current full-year earnings is $8.83 per share. Zacks Research also issued estimates for IDEX’s Q2 2027 earnings at $2.35 EPS, Q4 2027 earnings at $2.43 EPS, FY2027 earnings at $9.29 EPS, Q1 2028 earnings at $2.39 EPS, Q2 2028 earnings at $2.46 EPS, Q3 2028 earnings at $2.77 EPS and FY2028 earnings at $10.58 EPS.

Other analysts have also issued research reports about the company. Argus raised their price target on IDEX from $250.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Weiss Ratings raised shares of IDEX from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 30th. Citigroup upped their price objective on shares of IDEX from $252.00 to $269.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Oppenheimer raised their target price on shares of IDEX from $265.00 to $270.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 9th. Finally, DA Davidson lifted their target price on shares of IDEX from $230.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Nine investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $260.27.

IDEX Price Performance

IEX opened at $229.74 on Friday. 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 has a 52-week low of $159.27 and a 52-week high of $243.80. The stock has a market capitalization of $16.94 billion, a PE ratio of 33.06, a price-to-earnings-growth ratio of 2.58 and a beta of 0.97. The stock’s 50 day moving average price is $229.64 and its 200-day moving average price is $217.24.

IDEX (NYSE:IEX) last released its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $2.32 EPS for the quarter, beating analysts’ consensus estimates of $2.11 by $0.21. IDEX had a return on equity of 15.69% and a net margin of 14.49%.The business had revenue of $920.60 million during the quarter, compared to analyst estimates of $905.38 million. During the same quarter in the prior year, the company posted $2.07 EPS. IDEX’s quarterly 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.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of IEX. Versant Capital Management Inc grew its holdings in IDEX by 33.2% in the third quarter. Versant Capital Management Inc now owns 898 shares of the industrial products company’s stock worth $205,000 after purchasing an additional 224 shares during the period. Burkett Financial Services LLC bought a new stake in shares of IDEX in the 3rd quarter worth approximately $27,000. QRG Capital Management Inc. boosted its position in shares of IDEX by 15.8% in the 2nd quarter. QRG Capital Management Inc. now owns 11,228 shares of the industrial products company’s stock worth $2,548,000 after purchasing an additional 1,531 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of IDEX in the 2nd quarter worth approximately $1,344,000. Finally, Andra AP fonden bought a new position in IDEX during the 2nd quarter valued at approximately $7,194,000. 97.96% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at IDEX

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

IDEX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Friday, October 2nd will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, October 2nd. IDEX’s payout ratio is 42.01%.

About IDEX

IDEX Corporation (NYSE: IEX) is a diversified industrial company that designs, manufactures and sells engineered products and technologies used to move, control and monitor fluids. Its products serve a range of industrial, commercial and specialty applications where precision, reliability and performance are important.

The company operates through three primary segments: Fluid & Metering Technologies, Health & Science Technologies, and Fire & Safety/Diversified Products. Its offerings include pumps, valves, flow meters, compressors, dispensing equipment, precision fluidics components and related systems.