Wealth Enhancement Advisory Services LLC Buys 4,112 Shares of IDEX Corporation $IEX

Wealth Enhancement Advisory Services LLC lifted its stake in shares of IDEX Corporation (NYSE:IEX) by 48.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,545 shares of the industrial products company’s stock after purchasing an additional 4,112 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in IDEX were worth $2,307,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nuance Investments LLC lifted its holdings in shares of IDEX by 102.3% during the 3rd quarter. Nuance Investments LLC now owns 162,594 shares of the industrial products company’s stock worth $26,464,000 after acquiring an additional 82,223 shares during the period. Nordea Investment Management AB increased its stake in IDEX by 193.6% in the third quarter. Nordea Investment Management AB now owns 2,364,312 shares of the industrial products company’s stock valued at $382,049,000 after acquiring an additional 1,559,124 shares during the last quarter. ING Groep NV acquired a new position in IDEX during the third quarter valued at approximately $887,000. Robeco Schweiz AG lifted its stake in IDEX by 14.2% during the third quarter. Robeco Schweiz AG now owns 271,089 shares of the industrial products company’s stock worth $44,122,000 after purchasing an additional 33,752 shares during the last quarter. Finally, Allstate Corp bought a new stake in IDEX during the third quarter worth $429,000. Institutional investors and hedge funds own 97.96% of the company’s stock.

IDEX Stock Performance

NYSE:IEX opened at $190.28 on Friday. The company has a market capitalization of $14.15 billion, a PE ratio of 29.68, a P/E/G ratio of 1.94 and a beta of 0.99. IDEX Corporation has a fifty-two week low of $153.36 and a fifty-two week high of $217.15. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.02 and a current ratio of 2.86. The company has a 50 day simple moving average of $199.85 and a two-hundred day simple moving average of $182.17.

IDEX (NYSE:IEX) last issued 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 net margin of 13.98% and a return on equity of 15.03%. The business had revenue of $899.10 million for the quarter, compared to analysts’ expectations of $882.00 million. During the same quarter in the prior year, the firm posted $2.04 earnings per share. The business’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. Research analysts anticipate that IDEX Corporation will post 8.26 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on IEX shares. BMO Capital Markets initiated coverage on IDEX in a research note on Friday, March 27th. They issued a “market perform” rating and a $214.00 price objective on the stock. Citigroup increased their target price on shares of IDEX from $202.00 to $243.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. DA Davidson raised their price target on shares of IDEX from $180.00 to $195.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Oppenheimer reiterated an “outperform” rating and set a $230.00 price objective on shares of IDEX in a research report on Thursday, February 5th. Finally, Argus raised shares of IDEX from a “hold” rating to a “buy” rating and set a $240.00 price objective for the company in a research note on Friday, February 6th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $226.80.

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.