Medina Value Partners LLC Takes $566,000 Position in IDEX Corporation $IEX

Medina Value Partners LLC bought a new position in IDEX Corporation (NYSE:IEX) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 3,479 shares of the industrial products company’s stock, valued at approximately $566,000. IDEX accounts for about 0.1% of Medina Value Partners LLC’s portfolio, making the stock its 28th biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in IEX. Capital A Wealth Management LLC acquired a new position in shares of IDEX during the 2nd quarter worth about $28,000. UMB Bank n.a. grew its stake 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 worth $32,000 after acquiring an additional 75 shares during the last quarter. Loomis Sayles & Co. L P acquired a new stake in shares of IDEX in the second quarter worth $33,000. CYBER HORNET ETFs LLC acquired a new position in IDEX during the 2nd quarter valued at $35,000. Finally, MUFG Securities EMEA plc acquired a new position in IDEX during the 2nd quarter valued at $39,000. 97.96% of the stock is owned by institutional investors and hedge funds.

IDEX Price Performance

Shares of IEX traded down $0.25 during trading hours on Friday, hitting $187.86. The stock had a trading volume of 46,879 shares, compared to its average volume of 793,136. The stock has a market capitalization of $13.97 billion, a price-to-earnings ratio of 29.36, a P/E/G ratio of 1.96 and a beta of 0.98. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.86 and a quick ratio of 2.02. The company’s fifty day moving average is $199.92 and its two-hundred day moving average is $179.54. IDEX Corporation has a 52 week low of $153.36 and a 52 week high of $217.15.

IDEX (NYSE:IEX) last released 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. The firm had revenue of $899.10 million for the quarter, compared to analyst estimates of $882.00 million. IDEX had a net margin of 13.98% and a return on equity of 15.03%. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the previous year, the business 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. On average, analysts anticipate that IDEX Corporation will post 8.26 EPS for the current year.

Analyst Ratings Changes

IEX has been the topic of several research analyst reports. DA Davidson raised their price target on shares of IDEX from $180.00 to $195.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Citigroup upped their price target on IDEX from $202.00 to $243.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Royal Bank Of Canada lifted their price objective on IDEX from $211.00 to $244.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Argus raised shares of IDEX from a “hold” rating to a “buy” rating and set a $240.00 price target on the stock in a report on Friday, February 6th. Finally, Stifel Nicolaus upped their target price on shares of IDEX from $200.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $228.22.

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.