LRT Capital Management LLC Buys New Shares in IDEX Corporation $IEX

LRT Capital Management LLC bought a new stake in shares of IDEX Corporation (NYSE:IEX) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,056 shares of the industrial products company’s stock, valued at approximately $544,000.

Other large investors also recently modified their holdings of the company. GoalVest Advisory LLC bought a new stake in IDEX in the 4th quarter valued at $26,000. Laurel Wealth Advisors LLC bought a new stake in IDEX in the 4th quarter valued at $27,000. CYBER HORNET ETFs LLC bought a new stake in IDEX in the 2nd quarter valued at $35,000. Cromwell Holdings LLC increased its holdings in 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 acquiring an additional 58 shares during the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in IDEX in the 2nd quarter valued at $39,000. Hedge funds and other institutional investors own 97.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Seaport Research Partners reiterated a “buy” rating and issued a $250.00 price target on shares of IDEX in a report on Tuesday, May 5th. Stifel Nicolaus set a $250.00 price target on shares of IDEX in a report on Thursday, April 30th. Robert W. Baird set a $257.00 price target on shares of IDEX in a report on Thursday, April 30th. Royal Bank Of Canada lifted their price target on shares of IDEX from $225.00 to $252.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Finally, Citigroup lifted their price target on shares of IDEX from $243.00 to $252.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $241.11.

Insider Buying and Selling

In related news, CEO Eric D. Ashleman sold 15,385 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $215.22, for a total transaction of $3,311,159.70. Following 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.50% of the company’s stock.

IDEX Stock Performance

IDEX stock opened at $218.12 on Friday. The company’s 50-day moving average price is $208.47 and its 200-day moving average price is $197.22. IDEX Corporation has a twelve month low of $157.25 and a twelve month high of $223.94. 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 company has a market cap of $16.14 billion, a PE ratio of 32.27, a price-to-earnings-growth ratio of 2.14 and a beta of 1.00.

IDEX (NYSE:IEX) last posted 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. IDEX had a net margin of 14.38% and a return on equity of 15.29%. The firm had revenue of $886.90 million for the quarter, compared to the consensus estimate of $845.58 million. During the same period in the previous year, the firm posted $1.75 EPS. The business’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. On average, equities research analysts forecast that IDEX Corporation will post 8.49 EPS for the current fiscal year.

IDEX Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.3%. The ex-dividend date was Friday, May 22nd. This is a positive change from IDEX’s previous quarterly dividend of $0.71. IDEX’s payout ratio is currently 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.