Corient Private Wealth LP Invests $48.93 Million in IDEX Corporation $IEX

Corient Private Wealth LP purchased a new position in shares of IDEX Corporation (NYSE:IEX) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 215,589 shares of the industrial products company’s stock, valued at approximately $48,928,000. Corient Private Wealth LP owned about 0.29% of IDEX at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of IEX. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of IDEX by 4.5% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 160,520 shares of the industrial products company’s stock valued at $28,743,000 after purchasing an additional 6,901 shares during the last quarter. Baader Bank Aktiengesellschaft boosted its stake in IDEX by 27.5% during the fourth quarter. Baader Bank Aktiengesellschaft now owns 27,809 shares of the industrial products company’s stock worth $4,948,000 after buying an additional 6,000 shares during the last quarter. RNC Capital Management LLC boosted its stake in IDEX by 227.3% during the fourth quarter. RNC Capital Management LLC now owns 19,807 shares of the industrial products company’s stock worth $3,524,000 after buying an additional 13,755 shares during the last quarter. Freestone Grove Partners LP purchased a new stake in IDEX in the 2nd quarter valued at $102,523,000. Finally, Geode Capital Management LLC increased its stake in shares of IDEX by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 2,034,942 shares of the industrial products company’s stock worth $360,740,000 after acquiring an additional 7,844 shares during the last quarter. Hedge funds and other institutional investors own 97.96% of the company’s stock.

IDEX Stock Performance

Shares of IDEX stock opened at $234.00 on Friday. IDEX Corporation has a 52 week low of $158.19 and a 52 week high of $243.80. The business’s fifty day simple moving average is $228.63 and its 200-day simple moving average is $213.63. The firm has a market cap of $17.25 billion, a PE ratio of 33.67, a price-to-earnings-growth ratio of 2.22 and a beta of 0.98. The company has a quick ratio of 2.15, a current ratio of 3.05 and a debt-to-equity ratio of 0.46.

IDEX (NYSE:IEX) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.11 by $0.21. The firm had revenue of $920.60 million during the quarter, compared to the consensus estimate of $905.38 million. IDEX had a return on equity of 15.69% and a net margin of 14.49%.The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the company earned $2.07 EPS. IDEX has set its FY 2026 guidance at 8.700-8.850 EPS and its Q3 2026 guidance at 2.200-2.250 EPS. Equities analysts forecast that IDEX Corporation will post 8.82 earnings per share for the current year.

IDEX Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 6th were given a dividend of $0.73 per share. The ex-dividend date was Monday, July 6th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.2%. IDEX’s dividend payout ratio (DPR) is currently 42.01%.

Key IDEX News

Here are the key news stories impacting IDEX this week:

• Positive Sentiment: Zacks Research raised several EPS estimates, including forecasts for fiscal 2026, fiscal 2027, fiscal 2028, Q4 2026, Q1 2027, Q4 2027, Q1 2028 and Q2 2028. The fiscal 2028 estimate increased to $10.54 from $10.45, while the fiscal 2027 forecast rose to $9.26 from $9.21, signaling improving longer-term earnings expectations.
• Positive Sentiment: Analysts remain cautiously optimistic about IDEX’s prospects, and the company has outperformed the broader market over the past year. The latest consensus forecast calls for approximately $8.82 in current-year EPS, compared with the company’s guidance range of $8.70 to $8.85. Are Wall Street Analysts Predicting IDEX Stock Will Climb or Sink?
• Neutral Sentiment: The stock is trading near its 52-week high and above both its 50-day and 200-day moving averages, reflecting strong momentum. However, its price-to-earnings ratio of about 33.7 suggests investors are already paying a premium for expected growth, which may limit additional gains without further earnings upgrades.
• Negative Sentiment: Zacks Research slightly reduced its Q3 2026 EPS forecast to $2.19 from $2.20. Although the change is minor and remains close to the broader outlook, it provides a modest near-term headwind and may contribute to investor caution.

Insider Activity

In other news, CAO Lisa M. Anderson sold 385 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $238.59, for a total value of $91,857.15. Following the sale, the chief accounting officer directly owned 4,327 shares of the company’s stock, valued at approximately $1,032,378.93. The trade was a 8.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on IEX. Citigroup lifted their price target on IDEX from $252.00 to $269.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Mizuho raised shares of IDEX from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $210.00 to $280.00 in a report on Tuesday, August 11th. DA Davidson lifted their target price on shares of IDEX from $230.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Argus boosted their target price on shares of IDEX from $250.00 to $260.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Finally, Robert W. Baird set a $257.00 price target on shares of IDEX in a research note on Thursday, April 30th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, IDEX has a consensus rating of “Moderate Buy” and a consensus target price of $260.80.

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.