Baader Bank Aktiengesellschaft Invests $3.55 Million in IDEX Corporation $IEX

Baader Bank Aktiengesellschaft purchased a new stake in IDEX Corporation (NYSE:IEX) in the third quarter, HoldingsChannel.com reports. The firm purchased 21,809 shares of the industrial products company’s stock, valued at approximately $3,550,000.

Several other institutional investors have also added to or reduced their stakes in IEX. Rockland Trust Co. acquired a new position in IDEX during the 3rd quarter valued at approximately $398,000. ProShare Advisors LLC lifted its stake in shares of IDEX by 9.1% during the third quarter. ProShare Advisors LLC now owns 14,153 shares of the industrial products company’s stock worth $2,304,000 after buying an additional 1,179 shares during the period. Nuance Investments LLC increased its position in shares of IDEX by 102.3% in the 3rd quarter. Nuance Investments LLC now owns 162,594 shares of the industrial products company’s stock valued at $26,464,000 after acquiring an additional 82,223 shares during the period. Canvas Wealth Advisors LLC acquired a new position in shares of IDEX in the 3rd quarter valued at $274,000. Finally, Fullcircle Wealth LLC raised its stake in IDEX by 32.8% in the 3rd quarter. Fullcircle Wealth LLC now owns 2,348 shares of the industrial products company’s stock worth $394,000 after acquiring an additional 580 shares during the last quarter. Institutional investors and hedge funds own 97.96% of the company’s stock.

IDEX Trading Up 1.8%

NYSE IEX opened at $214.50 on Wednesday. The company has a quick ratio of 2.02, a current ratio of 2.86 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $16.06 billion, a P/E ratio of 33.46, a P/E/G ratio of 2.12 and a beta of 1.00. IDEX Corporation has a 52-week low of $153.36 and a 52-week high of $217.15. The firm has a 50-day moving average price of $188.06 and a 200 day moving average price of $173.51.

IDEX (NYSE:IEX) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.06. IDEX had a return on equity of 15.03% and a net margin of 13.98%.The business had revenue of $899.10 million for the quarter, compared to analysts’ expectations of $882.00 million. During the same quarter in the prior year, the firm posted $2.04 EPS. The company’s revenue was up 4.2% compared to the same quarter last year. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS. Equities research analysts expect that IDEX Corporation will post 8.26 EPS for the current year.

IDEX Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 16th were issued a dividend of $0.71 per share. The ex-dividend date was Friday, January 16th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.3%. IDEX’s payout ratio is presently 44.31%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on IEX shares. Oppenheimer reaffirmed an “outperform” rating and issued a $230.00 price objective on shares of IDEX in a report on Thursday, February 5th. DA Davidson raised their price target on shares of IDEX from $180.00 to $195.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Robert W. Baird set a $247.00 target price on shares of IDEX in a research report on Thursday, February 5th. Stifel Nicolaus raised their target price on IDEX from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Finally, Citigroup increased their price target on IDEX from $202.00 to $243.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, IDEX currently has an average rating of “Moderate Buy” and a consensus price target of $228.22.

IDEX Company Profile

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.