IDEX Corporation $IEX Shares Purchased by Graham Capital Management L.P.

Graham Capital Management L.P. increased its position in shares of IDEX Corporation (NYSE:IEX) by 2,499.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 47,105 shares of the industrial products company’s stock after acquiring an additional 45,293 shares during the quarter. Graham Capital Management L.P.’s holdings in IDEX were worth $8,382,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IEX. Empowered Funds LLC boosted its stake in IDEX by 3.4% during the first 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 during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of IDEX by 41.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,043 shares of the industrial products company’s stock worth $183,000 after acquiring an additional 304 shares during the last quarter. Cresset Asset Management LLC acquired a new position in shares of IDEX in the 2nd quarter worth approximately $219,000. Cerity Partners LLC lifted its holdings in shares of IDEX by 23.9% in the 2nd quarter. Cerity Partners LLC now owns 18,658 shares of the industrial products company’s stock worth $3,276,000 after acquiring an additional 3,604 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its holdings in shares of IDEX by 4.0% in the 2nd quarter. Daiwa Securities Group Inc. now owns 13,513 shares of the industrial products company’s stock worth $2,373,000 after acquiring an additional 518 shares during the last quarter. 97.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at IDEX

In related news, CEO Eric D. Ashleman sold 15,385 shares of IDEX stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer owned 66,658 shares in the company, valued at approximately $14,346,134.76. The trade was a 18.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.50% of the company’s stock.

IDEX Trading Up 0.7%

Shares of IEX stock opened at $223.66 on Wednesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.40 and a current ratio of 3.39. The stock has a market capitalization of $16.55 billion, a P/E ratio of 33.09, a price-to-earnings-growth ratio of 2.18 and a beta of 1.00. The company has a 50 day moving average price of $209.77 and a 200 day moving average price of $198.10. IDEX Corporation has a fifty-two week low of $157.25 and a fifty-two week high of $226.15.

IDEX (NYSE:IEX) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.78 by $0.22. The firm had revenue of $886.90 million during the quarter, compared to analysts’ expectations of $845.58 million. IDEX had a net margin of 14.38% and a return on equity of 15.29%. The business’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.75 earnings per share. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. Equities research analysts predict that IDEX Corporation will post 8.49 EPS for the current fiscal year.

IDEX Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from IDEX’s previous quarterly dividend of $0.71. The ex-dividend date was Friday, May 22nd. IDEX’s dividend payout ratio (DPR) is presently 43.20%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on IEX. Stifel Nicolaus set a $250.00 price objective on shares of IDEX in a report on Thursday, April 30th. Robert W. Baird set a $257.00 price objective on shares of IDEX in a report on Thursday, April 30th. Seaport Research Partners restated a “buy” rating and issued a $250.00 price objective on shares of IDEX in a report on Tuesday, May 5th. Citigroup upped their price objective on shares of IDEX from $243.00 to $252.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Oppenheimer restated an “outperform” rating and issued a $250.00 price objective (up from $242.00) on shares of IDEX in a report on Tuesday, June 2nd. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $241.11.

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.