IDEXIEX
Market Cap: $14.8B
About: Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $3.3 billion in revenue in 2023.
Employees: 8,800
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
24% more repeat investments, than reductions
Existing positions increased: 241 | Existing positions reduced: 194
20% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 6 (+1) [Q2]
11% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 65
1% more funds holding
Funds holding: 610 [Q1] → 617 (+7) [Q2]
0.95% less ownership
Funds ownership: 98.38% [Q1] → 97.43% (-0.95%) [Q2]
18% less capital invested
Capital invested by funds: $18.1B [Q1] → $14.8B (-$3.3B) [Q2]
57% less call options, than puts
Call options by funds: $5.56M | Put options by funds: $12.9M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
TD Cowen Joseph Giordano 37% 1-year accuracy 7 / 19 met price target | 18%upside $230 | Buy Maintained | 7 Aug 2024 |
DA Davidson Matt Summerville 41% 1-year accuracy 11 / 27 met price target | 8%upside $210 | Neutral Maintained | 5 Aug 2024 |
Oppenheimer Bryan Blair 73% 1-year accuracy 24 / 33 met price target | 22%upside $238 | Outperform Maintained | 5 Aug 2024 |
RBC Capital Deane Dray 61% 1-year accuracy 37 / 61 met price target | 21%upside $236 | Outperform Maintained | 2 Aug 2024 |
Baird Michael Halloran 27% 1-year accuracy 6 / 22 met price target | 24%upside $241 | Outperform Maintained | 2 Aug 2024 |
Financial journalist opinion
Based on 4 articles about IEX published over the past 30 days