Eventide Asset Management LLC Has $17.65 Million Stock Holdings in IDEX Corporation $IEX

Eventide Asset Management LLC lifted its holdings in IDEX Corporation (NYSE:IEX) by 2.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 99,135 shares of the industrial products company’s stock after purchasing an additional 2,753 shares during the quarter. Eventide Asset Management LLC owned about 0.13% of IDEX worth $17,653,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. GoalVest Advisory LLC acquired a new position in shares of IDEX in the 4th quarter valued at approximately $26,000. Laurel Wealth Advisors LLC acquired a new position in shares of IDEX in the 4th quarter valued at approximately $27,000. Cromwell Holdings LLC grew its position in shares of IDEX by 41.1% in the 4th quarter. Cromwell Holdings LLC now owns 199 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 58 shares during the period. CYBER HORNET ETFs LLC acquired a new position in shares of IDEX in the 2nd quarter valued at approximately $35,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of IDEX in the 2nd quarter valued at approximately $39,000. 97.96% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Eric D. Ashleman sold 15,385 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $215.22, for a total value of $3,311,159.70. Following the sale, the chief executive officer owned 66,658 shares in the company, valued at approximately $14,346,134.76. This represents a 18.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.50% of the company’s stock.

IDEX Trading Down 0.2%

Shares of IDEX stock opened at $218.12 on Monday. IDEX Corporation has a 12-month low of $157.25 and a 12-month high of $223.94. The stock has a market cap of $16.14 billion, a P/E ratio of 32.27, a P/E/G ratio of 2.14 and a beta of 1.00. The company has a quick ratio of 2.40, a current ratio of 3.39 and a debt-to-equity ratio of 0.46. The business’s 50 day moving average is $208.47 and its 200-day moving average is $197.41.

IDEX (NYSE:IEX) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.78 by $0.22. IDEX had a return on equity of 15.29% and a net margin of 14.38%.The company had revenue of $886.90 million for the quarter, compared to analysts’ expectations of $845.58 million. During the same quarter in the prior year, the business posted $1.75 EPS. The business’s revenue was up 8.9% compared to the same quarter last year. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. Equities research analysts predict that IDEX Corporation will post 8.49 earnings per share for the current fiscal year.

IDEX Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were paid a $0.73 dividend. This is a boost from IDEX’s previous quarterly dividend of $0.71. The ex-dividend date was Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a yield of 1.3%. IDEX’s dividend payout ratio (DPR) is currently 43.20%.

Analyst Ratings Changes

Several equities analysts recently issued reports on IEX shares. Weiss Ratings reiterated a “hold (c)” rating on shares of IDEX in a research report on Monday, April 20th. Robert W. Baird set a $257.00 price objective on IDEX in a research report on Thursday, April 30th. Citigroup boosted their price objective on IDEX from $243.00 to $252.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. TD Cowen boosted their target price on IDEX from $250.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Stifel Nicolaus set a $250.00 target price on IDEX in a research note on Thursday, April 30th. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, IDEX presently has an average rating of “Moderate Buy” and an average price target of $241.11.

IDEX 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.