IDEX (NYSE:IEX) Rating Increased to Buy at Argus

Argus upgraded shares of IDEX (NYSE:IEX) from a hold rating to a buy rating in a research note published on Friday, MarketBeat.com reports. The brokerage currently has $240.00 price objective on the industrial products company’s stock.

IEX has been the topic of several other reports. Citigroup lifted their price target on IDEX from $202.00 to $243.00 and gave the stock a “buy” rating in a research report on Thursday. Royal Bank Of Canada boosted their target price on shares of IDEX from $211.00 to $244.00 and gave the stock an “outperform” rating in a research report on Thursday. TD Cowen increased their price target on shares of IDEX from $200.00 to $250.00 and gave the company a “buy” rating in a report on Thursday. DA Davidson boosted their price objective on shares of IDEX from $180.00 to $195.00 and gave the stock a “neutral” rating in a report on Thursday. Finally, Robert W. Baird set a $247.00 price objective on shares of IDEX in a research report on Thursday. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, IDEX has a consensus rating of “Moderate Buy” and a consensus target price of $228.22.

IDEX Stock Performance

Shares of IEX opened at $211.31 on Friday. The company has a market capitalization of $15.82 billion, a PE ratio of 32.97, a price-to-earnings-growth ratio of 2.15 and a beta of 1.00. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.86 and a quick ratio of 2.06. IDEX has a one year low of $153.36 and a one year high of $217.16. The company’s fifty day moving average price is $186.55 and its 200 day moving average price is $173.27.

IDEX (NYSE:IEX) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.06. The company had revenue of $899.10 million during the quarter, compared to analysts’ expectations of $882.00 million. IDEX had a net margin of 13.98% and a return on equity of 15.03%. The business’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company earned $2.04 earnings per share. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS. As a group, analysts expect that IDEX will post 8.26 earnings per share for the current year.

IDEX Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Friday, January 16th were paid a dividend of $0.71 per share. The ex-dividend date was Friday, January 16th. This represents a $2.84 dividend on an annualized basis and a yield of 1.3%. IDEX’s dividend payout ratio (DPR) is currently 44.31%.

Hedge Funds Weigh In On IDEX

Hedge funds and other institutional investors have recently modified their holdings of the stock. Empowered Funds LLC lifted its position in IDEX by 3.4% during the 1st quarter. Empowered Funds LLC now owns 1,646 shares of the industrial products company’s stock worth $298,000 after buying an additional 54 shares in the last quarter. Cromwell Holdings LLC lifted its position in shares of IDEX by 41.1% during the fourth quarter. Cromwell Holdings LLC now owns 199 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 58 shares in the last quarter. Cullen Frost Bankers Inc. grew its stake in shares of IDEX by 2.0% during the second quarter. Cullen Frost Bankers Inc. now owns 3,112 shares of the industrial products company’s stock valued at $546,000 after purchasing an additional 60 shares during the last quarter. UMB Bank n.a. increased its holdings in shares of IDEX by 61.0% in the third quarter. UMB Bank n.a. now owns 198 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 75 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of IDEX by 21.5% in the second quarter. Blue Trust Inc. now owns 446 shares of the industrial products company’s stock valued at $78,000 after purchasing an additional 79 shares in the last quarter. Institutional investors own 97.96% of the company’s stock.

More IDEX News

Here are the key news stories impacting IDEX this week:

• Positive Sentiment: Q4 earnings beat and record AI-linked orders lifted sentiment — the market reacted strongly to the Q4 beat and management cited sizable AI/data-center demand driving outperformance. Why IDEX (IEX) Is Up 8.1% After Q4 Earnings Beat And Record AI-Linked Orders
• Positive Sentiment: Analyst upgrade from Argus to “buy” with a $240 price target signals increased upside expectations from sell-side research. IEX: Argus upgrade
• Positive Sentiment: Industry/hedge-fund coverage is bullish — IEX is listed among top industrial machinery names to buy, with recent analyst coverage skewing to Buy. Attractive Sector Valuations Drive Interest Towards IDEX
• Positive Sentiment: The stock reached a new 52-week high on the strength of the earnings print and order commentary, underlining momentum in demand-sensitive end markets. IDEX Reaches New 52-Week High
• Neutral Sentiment: DA Davidson raised its price target (to $195) but maintained a “neutral” rating — shows some upward revaluation without a full conviction upgrade. DA Davidson raises price target
• Neutral Sentiment: Detailed Q4 commentary and transcript available for investors to parse (useful for reading management tone on orders, margins, and capex). Q4 earnings call transcript
• Negative Sentiment: Mixed Q4 results and Q1 earnings guidance disappointed — management set Q1 guidance below some expectations, which prompted an intraday pullback after the initial rally. Shares slip as Q1 guidance disappoints

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.