IDEX Corporation (NYSE:IEX) Receives $228.22 Consensus Target Price from Analysts

IDEX Corporation (NYSE:IEX) has received a consensus rating of “Moderate Buy” from the eight brokerages that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $228.2222.

Several research firms recently issued reports on IEX. DA Davidson raised their target price on IDEX from $180.00 to $195.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Argus raised IDEX from a “hold” rating to a “buy” rating and set a $240.00 price target for the company in a research report on Friday, February 6th. Citigroup increased their price objective on IDEX from $202.00 to $243.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Stifel Nicolaus lifted their price objective on IDEX from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Finally, Oppenheimer reissued an “outperform” rating and set a $230.00 target price on shares of IDEX in a research note on Thursday, February 5th.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Empowered Funds LLC boosted its stake in shares of IDEX by 3.4% during the 1st quarter. Empowered Funds LLC now owns 1,646 shares of the industrial products company’s stock valued at $298,000 after purchasing an additional 54 shares in the last quarter. Police & Firemen s Retirement System of New Jersey raised its stake in IDEX by 4.4% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 11,463 shares of the industrial products company’s stock worth $2,013,000 after buying an additional 485 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in IDEX by 7.0% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,528 shares of the industrial products company’s stock worth $3,253,000 after buying an additional 1,211 shares during the period. Creative Planning boosted its position in IDEX by 89.4% during the 2nd quarter. Creative Planning now owns 12,125 shares of the industrial products company’s stock valued at $2,129,000 after acquiring an additional 5,724 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in IDEX by 14.0% during the 2nd quarter. Cetera Investment Advisers now owns 5,308 shares of the industrial products company’s stock valued at $932,000 after acquiring an additional 653 shares in the last quarter. 97.96% of the stock is owned by hedge funds and other institutional investors.

IDEX Trading Up 2.3%

NYSE:IEX opened at $193.00 on Friday. The company has a fifty day moving average of $200.79 and a 200 day moving average of $181.12. IDEX has a 52 week low of $153.36 and a 52 week high of $217.15. 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 firm has a market capitalization of $14.35 billion, a P/E ratio of 30.11, a P/E/G ratio of 1.90 and a beta of 0.98.

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

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.