Corient Private Wealth LLC Has $38.35 Million Stock Holdings in IDEX Corporation $IEX

Corient Private Wealth LLC trimmed its stake in shares of IDEX Corporation (NYSE:IEX) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 215,525 shares of the industrial products company’s stock after selling 7,333 shares during the quarter. Corient Private Wealth LLC’s holdings in IDEX were worth $38,352,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Primecap Management Co. CA raised its position in shares of IDEX by 86.5% in the fourth quarter. Primecap Management Co. CA now owns 3,226,787 shares of the industrial products company’s stock valued at $574,174,000 after purchasing an additional 1,496,207 shares during the period. Dodge & Cox boosted its holdings in shares of IDEX by 266.7% during the 4th quarter. Dodge & Cox now owns 1,262,550 shares of the industrial products company’s stock worth $224,658,000 after buying an additional 918,208 shares during the period. Norges Bank bought a new stake in shares of IDEX during the 4th quarter worth about $162,788,000. Millennium Management LLC grew its stake in IDEX by 293.6% in the 4th quarter. Millennium Management LLC now owns 1,063,763 shares of the industrial products company’s stock valued at $189,286,000 after buying an additional 793,530 shares during the last quarter. Finally, Balyasny Asset Management L.P. raised its holdings in IDEX by 35,817.3% in the 4th quarter. Balyasny Asset Management L.P. now owns 720,142 shares of the industrial products company’s stock valued at $128,142,000 after acquiring an additional 718,137 shares during the period. 97.96% of the stock is currently owned by institutional investors and hedge funds.

IDEX Stock Performance

NYSE:IEX opened at $225.85 on Monday. The stock has a fifty day moving average price of $211.67 and a 200-day moving average price of $199.18. The company has a market cap of $16.72 billion, a price-to-earnings ratio of 33.41, a PEG ratio of 2.21 and a beta of 1.00. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.40 and a current ratio of 3.39. IDEX Corporation has a fifty-two week low of $157.25 and a fifty-two week high of $228.26.

IDEX (NYSE:IEX) last released its earnings results on Wednesday, April 29th. The industrial products company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $845.58 million. During the same period in the prior year, the firm posted $1.75 EPS. IDEX’s quarterly revenue was up 8.9% on a year-over-year basis. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. As a group, equities analysts anticipate that IDEX Corporation will post 8.49 EPS for the current fiscal year.

IDEX Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on IEX. Seaport Research Partners restated a “buy” rating and set a $250.00 price objective on shares of IDEX in a research report on Tuesday, May 5th. Citigroup increased their target price on IDEX from $243.00 to $252.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Stifel Nicolaus set a $250.00 price target on IDEX in a report on Thursday, April 30th. Royal Bank Of Canada boosted their price target on IDEX from $225.00 to $252.00 and gave the company an “outperform” rating in a research note on Thursday, April 30th. Finally, Oppenheimer reiterated an “outperform” rating and set a $250.00 price objective (up from $242.00) on shares of IDEX in a research report on Tuesday, June 2nd. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $241.11.

Insider Buying and Selling

In other IDEX news, CEO Eric D. Ashleman sold 15,385 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $215.22, for a total value of $3,311,159.70. Following the transaction, the chief executive officer directly owned 66,658 shares of the company’s stock, valued at $14,346,134.76. This trade represents a 18.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.50% of the stock is currently owned by corporate insiders.

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.