Sei Investments Co. Trims Stock Holdings in IDEX Corporation $IEX

Sei Investments Co. lowered its stake in IDEX Corporation (NYSE:IEX) by 6.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 97,285 shares of the industrial products company’s stock after selling 6,378 shares during the quarter. Sei Investments Co.’s holdings in IDEX were worth $18,443,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IEX. Walleye Capital LLC purchased a new position in IDEX during the first quarter valued at approximately $4,061,000. ABN Amro Investment Solutions raised its holdings in IDEX by 64.6% during the first quarter. ABN Amro Investment Solutions now owns 7,164 shares of the industrial products company’s stock valued at $1,358,000 after acquiring an additional 2,812 shares during the period. Oslo Pensjonsforsikring AS bought a new stake in IDEX during the first quarter valued at about $228,000. Glenview Trust Co lifted its position in shares of IDEX by 8.8% in the first quarter. Glenview Trust Co now owns 7,120 shares of the industrial products company’s stock valued at $1,350,000 after acquiring an additional 574 shares in the last quarter. Finally, Meeder Asset Management Inc. bought a new position in shares of IDEX in the first quarter worth about $2,598,000. 97.96% of the stock is owned by hedge funds and other institutional investors.

IDEX Stock Up 2.1%

NYSE IEX opened at $229.32 on Thursday. The stock has a 50 day moving average price of $220.26 and a 200-day moving average price of $208.04. IDEX Corporation has a one year low of $157.25 and a one year high of $243.80. 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 company has a market capitalization of $16.97 billion, a P/E ratio of 33.92, a P/E/G ratio of 2.21 and a beta of 0.98.

IDEX (NYSE:IEX) last released its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.11 by $0.21. IDEX had a net margin of 14.38% and a return on equity of 15.29%. The company had revenue of $920.60 million for the quarter, compared to the consensus estimate of $905.38 million. During the same quarter in the prior year, the firm earned $2.07 earnings per share. IDEX’s revenue was up 6.4% on a year-over-year basis. IDEX has set its FY 2026 guidance at 8.700-8.850 EPS and its Q3 2026 guidance at 2.200-2.250 EPS. As a group, equities analysts predict that IDEX Corporation will post 8.48 EPS for the current fiscal year.

IDEX Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 6th were given a $0.73 dividend. The ex-dividend date was Monday, July 6th. This represents a $2.92 annualized dividend and a yield of 1.3%. IDEX’s dividend payout ratio (DPR) is currently 43.20%.

Key Headlines Impacting IDEX

Here are the key news stories impacting IDEX this week:

• Positive Sentiment: IDEX reported second-quarter adjusted EPS of $2.32, exceeding the $2.11 consensus estimate, while revenue of $920.6 million topped expectations of approximately $905.4 million. Revenue increased 6% year over year, and adjusted EBITDA margin expanded to 28.1%. IDEX Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Orders rose 28% organically to a record roughly $1.07 billion, pointing to strong demand and better order visibility for upcoming quarters. Management cited continued strength tied to data centers, semiconductors, and space and defense markets. IDEX rises after Q2 earnings beat and guidance hike
• Positive Sentiment: Management raised its fiscal 2026 adjusted EPS guidance to $8.70-$8.85, above the prior $8.35-$8.55 range and the $8.49 analyst consensus. Full-year organic sales growth is now expected at 5%-6%; third-quarter EPS guidance of $2.20-$2.25 also slightly exceeds consensus. IDEX Q2 2026 Earnings Call Highlights
• Neutral Sentiment: IDEX returned capital through approximately $77 million of share repurchases and $54 million in dividends, supporting shareholder returns but leaving less cash for other uses. IDEX Q2 sales rise to record $921 million
• Negative Sentiment: Recent reported insider activity showed two open-market sales by CEO Eric Ashleman totaling 15,385 shares, with no purchases. This is a secondary sentiment concern, although the sales may reflect personal liquidity or scheduled transactions.

Analyst Ratings Changes

Several analysts recently issued reports on IEX shares. Oppenheimer lifted their target price on IDEX from $250.00 to $260.00 and gave the company an “outperform” rating in a research note on Tuesday, July 21st. Seaport Research Partners restated a “buy” rating and issued a $250.00 price target on shares of IDEX in a research note on Tuesday, May 5th. Robert W. Baird set a $257.00 price objective on shares of IDEX in a research report on Thursday, April 30th. TD Cowen boosted their target price on shares of IDEX from $250.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Citigroup upped their target price on shares of IDEX from $243.00 to $252.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $244.00.

Insiders Place Their Bets

In other IDEX news, CEO Eric D. Ashleman sold 15,385 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $215.22, for a total transaction of $3,311,159.70. Following the sale, the chief executive officer directly owned 66,658 shares in the company, valued at $14,346,134.76. This represents a 18.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.50% of the stock is owned by insiders.

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.