IDEX (NYSE:IEX) Earns Market Perform Rating from Analysts at BMO Capital Markets

BMO Capital Markets began coverage on shares of IDEX (NYSE:IEX) in a report issued on Friday morning, MarketBeat.com reports. The firm issued a market perform rating and a $214.00 price objective on the industrial products company’s stock.

Several other research analysts have also recently weighed in on IEX. Citigroup boosted their price target on shares of IDEX from $202.00 to $243.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Royal Bank Of Canada upped their target price on IDEX from $211.00 to $244.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Argus upgraded IDEX from a “hold” rating to a “buy” rating and set a $240.00 price target on the stock in a report on Friday, February 6th. TD Cowen boosted their price objective on IDEX from $200.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Finally, Stifel Nicolaus raised their target price on IDEX from $200.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $226.80.

IDEX Stock Up 0.1%

IEX stock opened at $186.68 on Friday. The firm has a market capitalization of $13.88 billion, a PE ratio of 29.12, a P/E/G ratio of 1.88 and a beta of 0.98. The company has a quick ratio of 2.02, a current ratio of 2.86 and a debt-to-equity ratio of 0.45. IDEX has a twelve month low of $153.36 and a twelve month high of $217.15. The stock’s 50 day moving average is $200.49 and its 200-day moving average is $181.70.

IDEX (NYSE:IEX) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.10 EPS for the quarter, beating 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 during the quarter, compared to analyst estimates of $882.00 million. During the same period in the prior year, the firm posted $2.04 EPS. IDEX’s quarterly 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. Sell-side analysts expect that IDEX will post 8.26 EPS for the current fiscal year.

Hedge Funds Weigh In On IDEX

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IEX. GoalVest Advisory LLC purchased a new position in IDEX during the 4th quarter valued at about $26,000. Laurel Wealth Advisors LLC bought a new position in shares of IDEX in the fourth quarter valued at approximately $27,000. Capital A Wealth Management LLC bought a new position in shares of IDEX in the second quarter valued at approximately $28,000. Loomis Sayles & Co. L P purchased a new position in IDEX during the second quarter valued at approximately $33,000. Finally, UMB Bank n.a. grew its position in shares of IDEX by 61.0% during the 3rd quarter. UMB Bank n.a. now owns 198 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 75 shares in the last quarter. Institutional investors own 97.96% of the company’s stock.

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.