Regents Gate Capital LLP Raises Stock Position in IDEX Corporation $IEX

Regents Gate Capital LLP increased its position in IDEX Corporation (NYSE:IEX) by 59.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 130,389 shares of the industrial products company’s stock after buying an additional 48,868 shares during the quarter. IDEX accounts for approximately 5.3% of Regents Gate Capital LLP’s holdings, making the stock its 4th biggest holding. Regents Gate Capital LLP’s holdings in IDEX were worth $24,715,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IEX. GoalVest Advisory LLC bought a new stake in IDEX in the 4th quarter worth $26,000. SJS Investment Consulting Inc. increased its position in shares of IDEX by 104.1% in the first quarter. SJS Investment Consulting Inc. now owns 149 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 76 shares during the period. Laurel Wealth Advisors LLC bought a new position in shares of IDEX during the fourth quarter valued at about $27,000. CYBER HORNET ETFs LLC bought a new position in shares of IDEX during the second quarter valued at about $35,000. Finally, Cromwell Holdings LLC boosted its holdings in shares of IDEX by 41.1% during the fourth quarter. Cromwell Holdings LLC now owns 199 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 58 shares during the period. 97.96% of the stock is currently owned by institutional investors.

IDEX Price Performance

Shares of NYSE IEX opened at $225.23 on Friday. IDEX Corporation has a 1 year low of $157.25 and a 1 year high of $231.70. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.39 and a quick ratio of 2.40. The company’s 50-day moving average is $218.11 and its 200 day moving average is $205.44. The stock has a market capitalization of $16.67 billion, a P/E ratio of 33.32, a P/E/G ratio of 2.21 and a beta of 0.98.

IDEX (NYSE:IEX) last issued its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.78 by $0.22. IDEX had a net margin of 14.38% and a return on equity of 15.29%. The business had revenue of $886.90 million during the quarter, compared to analyst estimates of $845.58 million. During the same period last year, the business posted $1.75 earnings per share. IDEX’s quarterly revenue was up 8.9% compared to the same quarter last year. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. On average, sell-side analysts expect that IDEX Corporation will post 8.49 earnings per share for the current year.

IDEX Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Monday, July 6th will be given a $0.73 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $2.92 annualized dividend and a dividend yield of 1.3%. IDEX’s dividend payout ratio is currently 43.20%.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Seaport Research Partners reissued a “buy” rating and issued a $250.00 target price on shares of IDEX in a research note on Tuesday, May 5th. Weiss Ratings raised IDEX from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Citigroup lifted their price objective on IDEX from $243.00 to $252.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Royal Bank Of Canada boosted their target price on IDEX from $252.00 to $261.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Oppenheimer restated an “outperform” rating and set a $250.00 target price (up from $242.00) on shares of IDEX in a report on Tuesday, June 2nd. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $242.11.

Insider Activity at IDEX

In other news, CEO Eric D. Ashleman sold 15,385 shares of the firm’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 in the company, valued at $14,346,134.76. This trade represents a 18.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.50% of the stock is currently owned by insiders.

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.