ABN Amro Investment Solutions Grows Stock Holdings in IDEX Corporation $IEX

ABN Amro Investment Solutions increased its stake in IDEX Corporation (NYSE:IEX) by 64.6% during the 1st quarter, HoldingsChannel reports. The firm owned 7,164 shares of the industrial products company’s stock after buying an additional 2,812 shares during the period. ABN Amro Investment Solutions’ holdings in IDEX were worth $1,358,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC bought a new position in shares of IDEX during the 4th quarter valued at $27,000. SJS Investment Consulting Inc. grew its holdings in shares of IDEX by 104.1% in the first quarter. SJS Investment Consulting Inc. now owns 149 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 76 shares during the period. Cromwell Holdings LLC increased its position in IDEX by 41.1% during the fourth quarter. Cromwell Holdings LLC now owns 199 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 58 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new stake in IDEX during the second quarter valued at $35,000. Finally, Root Financial Partners LLC lifted its holdings in IDEX by 57.6% in the first quarter. Root Financial Partners LLC now owns 208 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 76 shares during the period. Institutional investors own 97.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on IEX shares. Royal Bank Of Canada boosted their price target on IDEX from $252.00 to $261.00 and gave the company an “outperform” rating in a research note on Thursday, July 16th. BMO Capital Markets assumed coverage on shares of IDEX in a research note on Friday, March 27th. They issued a “market perform” rating and a $214.00 price objective on the stock. Oppenheimer boosted their target price on shares of IDEX from $250.00 to $260.00 and gave the company an “outperform” rating in a research report on Tuesday. Weiss Ratings raised shares of IDEX from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. Finally, Stifel Nicolaus increased their price target on shares of IDEX from $250.00 to $257.00 and gave the stock a “buy” rating in a research report on Monday. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $244.00.

Insider Activity

In related news, CEO Eric D. Ashleman sold 15,385 shares of the business’s stock in a transaction dated 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 directly owned 66,658 shares in the company, valued at approximately $14,346,134.76. The trade was a 18.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.50% of the company’s stock.

IDEX Price Performance

IEX stock opened at $223.13 on Friday. IDEX Corporation has a one year low of $157.25 and a one year high of $231.70. The company’s fifty day moving average price is $219.14 and its 200-day moving average price is $206.95. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.40 and a current ratio of 3.39. The company has a market capitalization of $16.51 billion, a PE ratio of 33.01, a price-to-earnings-growth ratio of 2.18 and a beta of 0.98.

IDEX (NYSE:IEX) last issued its earnings results on Wednesday, April 29th. The industrial products company reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.22. The firm had revenue of $886.90 million during the quarter, compared to analyst estimates of $845.58 million. IDEX had a net margin of 14.38% and a return on equity of 15.29%. IDEX’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.75 earnings per share. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. On average, equities analysts anticipate that IDEX Corporation will post 8.48 EPS for the current fiscal year.

IDEX Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 6th were given a dividend of $0.73 per share. The ex-dividend date was Monday, July 6th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. IDEX’s dividend payout ratio (DPR) is presently 43.20%.

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.