Zacks Research Has Negative Forecast for IDEX Q2 Earnings

IDEX Co. (NYSE:IEX) – Investment analysts at Zacks Research lowered their Q2 2025 earnings per share estimates for shares of IDEX in a research report issued on Thursday, May 22nd. Zacks Research analyst R. Department now expects that the industrial products company will post earnings per share of $2.02 for the quarter, down from their previous estimate of $2.10. The consensus estimate for IDEX’s current full-year earnings is $8.26 per share. Zacks Research also issued estimates for IDEX’s Q3 2025 earnings at $2.18 EPS, Q4 2025 earnings at $2.33 EPS, FY2025 earnings at $8.28 EPS, Q4 2026 earnings at $2.27 EPS and FY2026 earnings at $8.62 EPS.

IEX has been the topic of several other reports. Stifel Nicolaus raised their target price on IDEX from $192.00 to $208.00 and gave the company a “buy” rating in a research report on Friday, May 2nd. Robert W. Baird set a $215.00 target price on IDEX in a research report on Friday, May 2nd. Royal Bank of Canada raised their target price on IDEX from $206.00 to $208.00 and gave the company an “outperform” rating in a research report on Friday, May 2nd. Citigroup lowered their target price on IDEX from $264.00 to $201.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Finally, Mizuho set a $185.00 target price on IDEX in a research report on Friday, May 16th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $212.50.

IDEX Trading Down 0.9%

Shares of NYSE IEX opened at $179.56 on Monday. IDEX has a 12-month low of $153.36 and a 12-month high of $238.22. The company has a current ratio of 2.53, a quick ratio of 1.85 and a debt-to-equity ratio of 0.49. The company has a market cap of $13.56 billion, a price-to-earnings ratio of 27.00, a price-to-earnings-growth ratio of 1.98 and a beta of 1.07. The stock’s 50 day simple moving average is $176.87 and its 200 day simple moving average is $199.13.

IDEX (NYSE:IEX) last announced its quarterly earnings results on Thursday, May 1st. The industrial products company reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.64 by $0.11. The business had revenue of $814.30 million for the quarter, compared to the consensus estimate of $807.25 million. IDEX had a return on equity of 16.08% and a net margin of 15.45%. The business’s revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the business posted $1.88 EPS.

IDEX Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Monday, May 19th will be given a dividend of $0.71 per share. The ex-dividend date is Monday, May 19th. This is a boost from IDEX’s previous quarterly dividend of $0.69. This represents a $2.84 annualized dividend and a dividend yield of 1.58%. IDEX’s dividend payout ratio (DPR) is 45.01%.

Hedge Funds Weigh In On IDEX

Hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its position in shares of IDEX by 13.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 640,717 shares of the industrial products company’s stock valued at $134,096,000 after purchasing an additional 73,540 shares during the period. Snyder Capital Management L P increased its position in shares of IDEX by 12.2% during the 4th quarter. Snyder Capital Management L P now owns 480,193 shares of the industrial products company’s stock valued at $100,500,000 after purchasing an additional 52,259 shares during the period. Asset Management One Co. Ltd. increased its position in shares of IDEX by 4.2% during the 4th quarter. Asset Management One Co. Ltd. now owns 30,250 shares of the industrial products company’s stock valued at $6,386,000 after purchasing an additional 1,209 shares during the period. Assetmark Inc. increased its position in shares of IDEX by 129.1% during the 4th quarter. Assetmark Inc. now owns 417 shares of the industrial products company’s stock valued at $87,000 after purchasing an additional 235 shares during the period. Finally, Barclays PLC increased its position in shares of IDEX by 1.2% during the 3rd quarter. Barclays PLC now owns 1,177,645 shares of the industrial products company’s stock valued at $252,603,000 after purchasing an additional 14,360 shares during the period. 97.96% of the stock is currently owned by institutional investors and hedge funds.

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.