Jefferies Financial Group Inc. Invests $9.90 Million in IDEX Corporation $IEX

Jefferies Financial Group Inc. acquired a new stake in IDEX Corporation (NYSE:IEX) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 43,616 shares of the industrial products company’s stock, valued at approximately $9,899,000. Jefferies Financial Group Inc. owned 0.06% of IDEX as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IEX. Public Employees Retirement System of Ohio purchased a new stake in shares of IDEX during the 2nd quarter worth $5,202,000. MASTERINVEST Kapitalanlage GmbH acquired a new position in shares of IDEX during the 2nd quarter worth $269,000. Proficio Capital Partners LLC purchased a new position in shares of IDEX in the 2nd quarter valued at about $281,000. Transamerica Financial Advisors LLC acquired a new stake in shares of IDEX in the second quarter valued at about $49,000. Finally, Corient Private Wealth LP acquired a new stake in shares of IDEX in the second quarter valued at about $48,928,000. Institutional investors and hedge funds own 97.96% of the company’s stock.

Insider Buying and Selling at IDEX

In other news, CAO Lisa M. Anderson sold 385 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $238.59, for a total transaction of $91,857.15. Following the transaction, the chief accounting officer directly owned 4,327 shares in the company, valued at $1,032,378.93. This represents a 8.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.50% of the stock is currently owned by insiders.

IDEX Trading Down 0.4%

Shares of IDEX stock opened at $234.00 on Friday. IDEX Corporation has a fifty-two week low of $158.19 and a fifty-two week high of $243.80. The business’s fifty day moving average is $228.63 and its two-hundred day moving average is $213.63. The company has a quick ratio of 2.15, a current ratio of 3.05 and a debt-to-equity ratio of 0.46. The firm has a market cap of $17.25 billion, a PE ratio of 33.67, a P/E/G ratio of 2.22 and a beta of 0.98.

IDEX (NYSE:IEX) last announced its quarterly earnings data 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 the consensus estimate of $905.38 million. During the same quarter in the previous year, the business earned $2.07 earnings per share. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. IDEX has set its FY 2026 guidance at 8.700-8.850 EPS and its Q3 2026 guidance at 2.200-2.250 EPS. Analysts anticipate that IDEX Corporation will post 8.82 earnings per share for the current year.

IDEX Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 6th were paid a dividend of $0.73 per share. The ex-dividend date of this dividend was Monday, July 6th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.2%. IDEX’s dividend payout ratio is currently 42.01%.

Trending Headlines about IDEX

Here are the key news stories impacting IDEX this week:

• Positive Sentiment: Zacks Research raised several EPS estimates, including forecasts for fiscal 2026, fiscal 2027, fiscal 2028, Q4 2026, Q1 2027, Q4 2027, Q1 2028 and Q2 2028. The fiscal 2028 estimate increased to $10.54 from $10.45, while the fiscal 2027 forecast rose to $9.26 from $9.21, signaling improving longer-term earnings expectations.
• Positive Sentiment: Analysts remain cautiously optimistic about IDEX’s prospects, and the company has outperformed the broader market over the past year. The latest consensus forecast calls for approximately $8.82 in current-year EPS, compared with the company’s guidance range of $8.70 to $8.85. Are Wall Street Analysts Predicting IDEX Stock Will Climb or Sink?
• Neutral Sentiment: The stock is trading near its 52-week high and above both its 50-day and 200-day moving averages, reflecting strong momentum. However, its price-to-earnings ratio of about 33.7 suggests investors are already paying a premium for expected growth, which may limit additional gains without further earnings upgrades.
• Negative Sentiment: Zacks Research slightly reduced its Q3 2026 EPS forecast to $2.19 from $2.20. Although the change is minor and remains close to the broader outlook, it provides a modest near-term headwind and may contribute to investor caution.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on IEX shares. Stifel Nicolaus upped their price target on IDEX from $257.00 to $268.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Mizuho upgraded IDEX from a “neutral” rating to an “outperform” rating and raised their price target for the company from $210.00 to $280.00 in a research report on Tuesday, August 11th. Argus lifted 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. Citigroup lifted their price target on IDEX from $252.00 to $269.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Finally, TD Cowen increased their price objective on shares of IDEX from $260.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.80.

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.