Equities Analysts Set Expectations for IDEX Q1 Earnings

IDEX Corporation (NYSE:IEX) – Research analysts at Zacks Research raised their Q1 2028 earnings per share (EPS) estimates for shares of IDEX in a note issued to investors on Friday, June 5th. Zacks Research analyst Team now anticipates that the industrial products company will earn $2.35 per share for the quarter, up from their previous forecast of $2.33. The consensus estimate for IDEX’s current full-year earnings is $8.49 per share. Zacks Research also issued estimates for IDEX’s FY2028 earnings at $10.22 EPS.

Several other brokerages have also recently issued reports on IEX. Robert W. Baird set a $257.00 target price on IDEX in a report on Thursday, April 30th. Citigroup upped their target price on IDEX from $243.00 to $252.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Oppenheimer restated an “outperform” rating and issued a $250.00 target price (up from $242.00) on shares of IDEX in a report on Tuesday, June 2nd. Seaport Research Partners reiterated a “buy” rating and set a $250.00 price target on shares of IDEX in a report on Tuesday, May 5th. Finally, BMO Capital Markets started coverage on IDEX in a report on Friday, March 27th. They set a “market perform” rating and a $214.00 price target for the company. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $241.11.

IDEX Stock Up 0.1%

Shares of NYSE:IEX opened at $215.48 on Monday. 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 has a fifty day moving average of $205.49 and a two-hundred day moving average of $195.55. The stock has a market cap of $15.95 billion, a P/E ratio of 31.88, a PEG ratio of 2.11 and a beta of 1.00. IDEX has a 52-week low of $157.25 and a 52-week high of $223.85.

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

IDEX Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.73 per share. The ex-dividend date was Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.4%. This is a boost from IDEX’s previous quarterly dividend of $0.71. IDEX’s dividend payout ratio (DPR) is currently 43.20%.

Insider Buying and Selling at IDEX

In other 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 transaction of $3,311,159.70. Following the completion of the transaction, the chief executive officer directly 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 document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On IDEX

Hedge funds have recently modified their holdings of the business. Optiver Holding B.V. purchased a new position in shares of IDEX during the 1st quarter worth $27,000. GoalVest Advisory LLC acquired a new position in IDEX during the 4th quarter worth about $26,000. SJS Investment Consulting Inc. lifted its stake in IDEX by 104.1% during the 1st 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 in the last quarter. Laurel Wealth Advisors LLC acquired a new position in IDEX during the 4th quarter worth about $27,000. Finally, CYBER HORNET ETFs LLC acquired a new position in IDEX during the 2nd quarter worth about $35,000. 97.96% of the stock is currently owned by hedge funds and other institutional investors.

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.