Zacks Research Has Negative Outlook for IDEX Q1 Earnings

IDEX Co. (NYSE:IEX) – Equities researchers at Zacks Research reduced their Q1 2026 earnings per share estimates for IDEX in a note issued to investors on Monday, January 27th. Zacks Research analyst R. Department now expects that the industrial products company will earn $2.21 per share for the quarter, down from their previous forecast of $2.22. The consensus estimate for IDEX’s current full-year earnings is $7.89 per share.

IEX has been the topic of a number of other reports. Robert W. Baird decreased their price objective on IDEX from $245.00 to $241.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Citigroup decreased their target price on shares of IDEX from $269.00 to $267.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Stifel Nicolaus raised their price target on IDEX from $244.00 to $256.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Finally, Royal Bank of Canada upped their price objective on shares of IDEX from $248.00 to $258.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, IDEX presently has a consensus rating of “Moderate Buy” and an average target price of $242.86.

IDEX Trading Down 0.1 %

Shares of NYSE:IEX opened at $221.30 on Wednesday. The stock has a market cap of $16.76 billion, a PE ratio of 34.26, a P/E/G ratio of 2.17 and a beta of 0.97. The company has a quick ratio of 2.11, a current ratio of 2.97 and a debt-to-equity ratio of 0.54. IDEX has a 12-month low of $189.51 and a 12-month high of $246.36. The business has a 50 day moving average of $219.21 and a 200-day moving average of $211.63.

IDEX (NYSE:IEX) last issued its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.01. IDEX had a net margin of 15.35% and a return on equity of 15.92%. The company had revenue of $798.20 million for the quarter, compared to analyst estimates of $793.05 million. During the same period in the prior year, the firm earned $2.12 earnings per share. The company’s revenue was up .6% on a year-over-year basis.

IDEX Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be issued a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend is Friday, January 17th. IDEX’s dividend payout ratio (DPR) is presently 42.72%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. WCM Investment Management LLC bought a new stake in IDEX during the 4th quarter worth $215,000. Empowered Funds LLC increased its stake in shares of IDEX by 22.9% in the fourth quarter. Empowered Funds LLC now owns 1,592 shares of the industrial products company’s stock valued at $333,000 after buying an additional 297 shares during the period. Vest Financial LLC raised its holdings in IDEX by 61.2% in the 4th quarter. Vest Financial LLC now owns 11,530 shares of the industrial products company’s stock valued at $2,413,000 after buying an additional 4,376 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in IDEX by 2.9% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 7,746 shares of the industrial products company’s stock worth $1,621,000 after buying an additional 219 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in IDEX by 2.4% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 172,101 shares of the industrial products company’s stock worth $36,019,000 after acquiring an additional 4,078 shares during the last quarter. 97.96% of the stock is currently owned by institutional investors and hedge funds.

About IDEX

IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries.