Westfield Capital Management Co. LP Has $64.83 Million Holdings in IDEX Corporation $IEX

Westfield Capital Management Co. LP lessened its holdings in IDEX Corporation (NYSE:IEX) by 9.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 398,283 shares of the industrial products company’s stock after selling 40,381 shares during the quarter. Westfield Capital Management Co. LP owned approximately 0.53% of IDEX worth $64,825,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Assetmark Inc. increased its holdings in IDEX by 235.5% in the second quarter. Assetmark Inc. now owns 1,899 shares of the industrial products company’s stock valued at $333,000 after purchasing an additional 1,333 shares during the last quarter. Nuance Investments LLC increased its stake in shares of IDEX by 102.3% in the 3rd quarter. Nuance Investments LLC now owns 162,594 shares of the industrial products company’s stock valued at $26,464,000 after acquiring an additional 82,223 shares during the last quarter. Nordea Investment Management AB increased its stake in shares of IDEX by 193.6% in the 3rd quarter. Nordea Investment Management AB now owns 2,364,312 shares of the industrial products company’s stock valued at $382,049,000 after acquiring an additional 1,559,124 shares during the last quarter. Robeco Schweiz AG raised its position in shares of IDEX by 14.2% in the 3rd quarter. Robeco Schweiz AG now owns 271,089 shares of the industrial products company’s stock valued at $44,122,000 after acquiring an additional 33,752 shares during the period. Finally, SG Americas Securities LLC boosted its stake in IDEX by 70.1% during the 2nd quarter. SG Americas Securities LLC now owns 15,636 shares of the industrial products company’s stock worth $2,745,000 after acquiring an additional 6,443 shares during the last quarter. Institutional investors and hedge funds own 97.96% of the company’s stock.

IDEX Price Performance

NYSE IEX opened at $209.39 on Friday. The firm’s 50 day moving average is $195.47 and its 200-day moving average is $176.98. The company has a quick ratio of 2.02, a current ratio of 2.86 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $15.57 billion, a PE ratio of 32.67, a price-to-earnings-growth ratio of 2.07 and a beta of 1.00. IDEX Corporation has a 12-month low of $153.36 and a 12-month high of $217.15.

IDEX (NYSE:IEX) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $2.10 EPS for the quarter, topping the consensus estimate of $2.04 by $0.06. IDEX had a net margin of 13.98% and a return on equity of 15.03%. The business had revenue of $899.10 million during the quarter, compared to analysts’ expectations of $882.00 million. During the same quarter in the prior year, the company posted $2.04 earnings per share. The firm’s revenue was up 4.2% on a year-over-year basis. IDEX has set its Q1 2026 guidance at 1.730-1.780 EPS and its FY 2026 guidance at 8.150-8.35 EPS. Equities research analysts anticipate that IDEX Corporation will post 8.26 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

IEX has been the subject of several recent analyst reports. Robert W. Baird set a $247.00 target price on shares of IDEX in a research note on Thursday, February 5th. DA Davidson boosted their price target on shares of IDEX from $180.00 to $195.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Oppenheimer reaffirmed an “outperform” rating and set a $230.00 price objective on shares of IDEX in a research note on Thursday, February 5th. Stifel Nicolaus lifted their target price on IDEX from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Finally, Argus raised IDEX from a “hold” rating to a “buy” rating and set a $240.00 price target on the stock in a research report on Friday, February 6th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $228.22.

About IDEX

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.