Wealthfront Advisers LLC Takes Position in IDEX Corporation $IEX

Wealthfront Advisers LLC bought a new stake in shares of IDEX Corporation (NYSE:IEX) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 4,019 shares of the industrial products company’s stock, valued at approximately $912,000.

Several other large investors have also bought and sold shares of IEX. Laurel Wealth Advisors LLC bought a new position in shares of IDEX during the fourth quarter valued at about $27,000. Optiver Holding B.V. bought a new stake in IDEX in the 1st quarter worth about $27,000. SJS Investment Consulting Inc. grew its position in IDEX by 104.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 149 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 76 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in IDEX in the 2nd quarter valued at about $35,000. Finally, Root Financial Partners LLC increased its stake in IDEX by 57.6% in the 1st quarter. Root Financial Partners LLC now owns 208 shares of the industrial products company’s stock valued at $39,000 after buying an additional 76 shares during the last quarter. 97.96% of the stock is currently owned by institutional investors.

Key Headlines Impacting IDEX

Here are the key news stories impacting IDEX this week:

• Positive Sentiment: Analysts raised several forward earnings forecasts. Zacks Research lifted its FY2026 EPS estimate to $8.70 from $8.46, Q3 2026 to $2.20 from $2.17, Q1 2027 to $2.11 from $2.09, FY2027 to $9.21 from $9.20, and FY2028 to $10.45 from $10.27. The upgrades suggest expectations for improving earnings momentum beyond the current year. IDEX analyst estimates
• Positive Sentiment: Longer-term earnings growth remains a key support. The FY2028 forecast implies continued expansion from the approximately $8.70 expected for FY2026, while the company’s latest reported quarter exceeded consensus estimates for both revenue and EPS. IDEX financial information
• Neutral Sentiment: Board changes may increase investor focus on governance and valuation. IDEX announced a board resignation and a governance adjustment. The development does not provide a clear operating-impact signal, but investors may scrutinize leadership, capital allocation, and whether the company’s premium valuation is justified. IDEX board resignation and governance adjustment
• Negative Sentiment: Some estimates were reduced. Zacks cut its Q2 2027 EPS forecast to $2.33 from $2.43 and its Q2 2028 forecast to $2.43 from $2.54. These isolated reductions temper the broader upgrade story and could limit upside if investors view them as signs of uneven demand or execution. IDEX revised earnings estimates

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on IEX. Royal Bank Of Canada boosted their target price on IDEX from $261.00 to $280.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Argus increased their price target on IDEX from $250.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Stifel Nicolaus lifted their price target on IDEX from $257.00 to $268.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Mizuho raised IDEX from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $210.00 to $280.00 in a research report on Tuesday, August 11th. Finally, Robert W. Baird set a $257.00 price objective on IDEX in a research note on Thursday, April 30th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $260.80.

IDEX Stock Performance

Shares of IEX opened at $234.57 on Friday. The stock’s 50-day simple moving average is $227.88 and its 200 day simple moving average is $212.87. The stock has a market capitalization of $17.29 billion, a price-to-earnings ratio of 33.75, a price-to-earnings-growth ratio of 2.21 and a beta of 0.98. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.15 and a current ratio of 3.05. IDEX Corporation has a 52-week low of $158.19 and a 52-week high of $243.80.

IDEX (NYSE:IEX) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $2.32 EPS for the quarter, topping the consensus estimate of $2.11 by $0.21. The business 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 firm’s revenue was up 6.4% compared to the same quarter last year. During the same quarter 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. Research analysts forecast that IDEX Corporation will post 8.82 EPS for the current fiscal year.

IDEX Announces Dividend

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

Insider Buying and Selling

In related 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 transaction of $91,857.15. Following the completion of the transaction, the chief accounting officer 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.50% of the company’s stock.

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.