Zacks Research Has Bullish Outlook for IDEX Q1 Earnings

IDEX Co. (NYSE:IEX) – Equities researchers at Zacks Research increased their Q1 2026 earnings estimates for IDEX in a research report issued to clients and investors on Tuesday, November 19th. Zacks Research analyst R. Department now forecasts that the industrial products company will post earnings of $2.26 per share for the quarter, up from their prior forecast of $2.24. The consensus estimate for IDEX’s current full-year earnings is $7.88 per share.

Other equities analysts have also issued reports about the stock. Stifel Nicolaus upped their price target on shares of IDEX from $232.00 to $244.00 and gave the stock a “buy” rating in a research report on Wednesday, October 16th. Oppenheimer dropped their target price on shares of IDEX from $245.00 to $238.00 and set an “outperform” rating for the company in a research report on Monday, August 5th. Argus lowered shares of IDEX from a “buy” rating to a “hold” rating in a research report on Wednesday, August 14th. Robert W. Baird dropped their target price on shares of IDEX from $245.00 to $241.00 and set an “outperform” rating for the company in a research report on Thursday, October 31st. Finally, TD Cowen dropped their target price on shares of IDEX from $240.00 to $230.00 and set a “buy” rating for the company in a research report on Wednesday, August 7th. Three 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 an average rating of “Moderate Buy” and an average target price of $241.14.

IDEX Stock Performance

IEX opened at $227.50 on Friday. The firm has a market cap of $17.23 billion, a P/E ratio of 35.22, a PEG ratio of 2.36 and a beta of 0.96. IDEX has a 1-year low of $189.51 and a 1-year high of $246.36. The company has a 50 day simple moving average of $214.43 and a two-hundred day simple moving average of $207.89. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.97 and a quick ratio of 2.11.

IDEX (NYSE:IEX) last posted its quarterly earnings results on Tuesday, October 29th. The industrial products company reported $1.90 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.01. The business had revenue of $798.20 million during the quarter, compared to analyst estimates of $793.05 million. IDEX had a net margin of 15.35% and a return on equity of 15.92%. The company’s revenue was up .6% on a year-over-year basis. During the same period in the prior year, the business posted $2.12 earnings per share.

IDEX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be paid a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date is Friday, January 17th. IDEX’s payout ratio is 42.72%.

Institutional Investors Weigh In On IDEX

Hedge funds and other institutional investors have recently made changes to their positions in the company. Catalyst Capital Advisors LLC raised its stake in shares of IDEX by 73.8% in the third quarter. Catalyst Capital Advisors LLC now owns 139 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 59 shares during the period. Assetmark Inc. purchased a new stake in shares of IDEX in the third quarter valued at $39,000. EdgeRock Capital LLC purchased a new stake in shares of IDEX in the second quarter valued at $41,000. Whittier Trust Co. raised its stake in shares of IDEX by 38.4% in the second quarter. Whittier Trust Co. now owns 209 shares of the industrial products company’s stock valued at $42,000 after acquiring an additional 58 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt raised its stake in shares of IDEX by 100.0% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 200 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 100 shares during the period. Hedge funds and other institutional investors own 97.96% of the company’s stock.

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.