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

IDEX Co. (NYSE:IEX) – Research analysts at Zacks Research reduced their Q1 2026 EPS estimates for shares of IDEX in a research note issued to investors on Thursday, October 24th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings per share of $2.24 for the quarter, down from their prior estimate of $2.25. The consensus estimate for IDEX’s current full-year earnings is $7.88 per share. Zacks Research also issued estimates for IDEX’s Q2 2026 earnings at $2.43 EPS, Q3 2026 earnings at $2.22 EPS and FY2026 earnings at $9.23 EPS.

A number of other analysts have also issued reports on IEX. Royal Bank of Canada lowered their target price on shares of IDEX from $250.00 to $236.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. DA Davidson cut their price objective on shares of IDEX from $220.00 to $210.00 and set a “neutral” rating on the stock in a report on Monday, August 5th. Stifel Nicolaus increased their price target on shares of IDEX from $232.00 to $244.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. StockNews.com lowered IDEX from a “buy” rating to a “hold” rating in a research report on Thursday, July 11th. Finally, TD Cowen lowered their price objective on IDEX from $240.00 to $230.00 and set a “buy” rating on the stock in a research report on Wednesday, August 7th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, IDEX has a consensus rating of “Moderate Buy” and a consensus price target of $239.43.

IDEX Trading Down 0.7 %

Shares of IEX opened at $203.48 on Friday. The company’s fifty day moving average is $205.83 and its 200 day moving average is $208.72. IDEX has a fifty-two week low of $183.76 and a fifty-two week high of $246.36. The stock has a market capitalization of $15.40 billion, a PE ratio of 26.77, a P/E/G ratio of 2.20 and a beta of 0.95. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.52 and a current ratio of 3.41.

IDEX (NYSE:IEX) last issued its quarterly earnings results on Wednesday, July 31st. The industrial products company reported $2.06 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.02. IDEX had a net margin of 18.19% and a return on equity of 16.87%. The business had revenue of $807.20 million for the quarter, compared to the consensus estimate of $828.15 million. During the same quarter in the previous year, the firm earned $2.18 earnings per share. The company’s revenue for the quarter was down 4.6% on a year-over-year basis.

Institutional Trading of IDEX

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. EdgeRock Capital LLC acquired a new stake in shares of IDEX during the 2nd quarter worth about $41,000. Whittier Trust Co. increased its position in shares of IDEX by 38.4% during the 2nd quarter. Whittier Trust Co. now owns 209 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 58 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt increased its position in shares of IDEX by 100.0% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 200 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 100 shares during the last quarter. UMB Bank n.a. increased its position in shares of IDEX by 31.0% during the 2nd quarter. UMB Bank n.a. now owns 241 shares of the industrial products company’s stock worth $48,000 after purchasing an additional 57 shares during the last quarter. Finally, Mascoma Wealth Management LLC acquired a new stake in shares of IDEX during the 2nd quarter worth about $51,000. 97.96% of the stock is owned by institutional investors and hedge funds.

IDEX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 25th. Shareholders of record on Friday, October 11th will be paid a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date is Friday, October 11th. IDEX’s dividend payout ratio (DPR) is presently 36.32%.

About IDEX

IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries.