IDEX
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
2% more capital invested
Capital invested by funds: $15.4B [Q2] → $15.7B (+$306M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q2] → 6 (+0) [Q3]
9% less repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 221
9% less call options, than puts
Call options by funds: $6.49M | Put options by funds: $7.1M
3% less funds holding
Funds holding: 618 [Q2] → 598 (-20) [Q3]
4.3% less ownership
Funds ownership: 101.02% [Q2] → 96.72% (-4.3%) [Q3]
22% less first-time investments, than exits
New positions opened: 72 | Existing positions closed: 92
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$241
13%
upside
Avg. target
$256
21%
upside
High target
$269
27%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
Stifel Nathan Jones 65% 1-year accuracy 45 / 69 met price target | 21%upside $256 | Buy Maintained | 11 Dec 2024 |
Citigroup Vladimir Bystricky 14% 1-year accuracy 1 / 7 met price target | 27%upside $269 | Buy Maintained | 9 Dec 2024 |
RBC Capital Deane Dray 54% 1-year accuracy 35 / 65 met price target | 21%upside $258 | Outperform Maintained | 6 Dec 2024 |
Baird Michael Halloran 59% 1-year accuracy 17 / 29 met price target | 13%upside $241 | Outperform Maintained | 31 Oct 2024 |
Financial journalist opinion
Based on 3 articles about IEX published over the past 30 days
Positive
Zacks Investment Research
2 weeks ago
Here's Why You Should Retain IDEX Stock in Your Portfolio Now
IEX gains from solid momentum across the FSDP and FMT segments, accretive acquisitions and shareholder-friendly policies.
Positive
Seeking Alpha
2 weeks ago
Buying No-Brainer Dividends For The 'Best Four Years Ever'
Scott Bessent's predictions for a Trump presidency suggest economic growth, driven by tariffs as a threat, energy expansion, and manufacturing revival. Trump's second term may focus on broad economic growth, addressing inflation while boosting U.S. manufacturing, despite challenges like rising oil costs. I present several dividend picks I expect to perform well, as they come with income, dividend growth, secular tailwinds, and pricing power.
Positive
Zacks Investment Research
3 weeks ago
Why Is Idex (IEX) Up 5.7% Since Last Earnings Report?
Idex (IEX) reported earnings 30 days ago. What's next for the stock?
Neutral
Business Wire
1 month ago
IDEX Corporation Declares Regular Quarterly Cash Dividend
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX CORPORATION (NYSE:IEX) today announced that its Board of Directors has approved a regular quarterly cash dividend of $0.69 per common share. This dividend will be paid January 31, 2025 to shareholders of record as of January 17, 2025. This dividend represents the company's 121st consecutive regular quarterly cash dividend payment. About IDEX IDEX Corporation (NYSE: IEX) designs and builds engineered products and mission-critical components that make every.
Neutral
CNBC
1 month ago
Companies brace for Tuesday: Mentions of election surge on company conference calls
More companies are talking publicly with investors about the presidential election than in recent cycles.
Neutral
Seeking Alpha
1 month ago
IDEX Corporation (IEX) Q3 2024 Earnings Call Transcript
IDEX Corporation (NYSE:IEX ) Q3 2024 Earnings Conference Call October 30, 2024 10:30 AM ET Company Participants Wendy Palacios - Vice President, Investor Relations, FP&A Eric Ashleman - Chief Executive Officer & President Abhi Khandelwal - Senior Vice President & Chief Financial Officer Conference Call Participants Deane Dray - RBC Capital Markets Nathan Jones - Stifel Mike Halloran - Baird Vlad Bystricky - Citigroup Jeff Sprague - Vertical Research Partners Andrew Buscaglia - BNP Paribas Brett Linzey - Mizuho Joe Giordano - TD Cowen Rob Wertheimer - Melius Research Operator Greetings, and welcome to the Third Quarter 2024 IDEX Corporation Earnings Conference Call. At this time, all participants are in a listen-only mode.
Positive
Zacks Investment Research
1 month ago
IDEX Q3 Earnings Surpass Estimates, Sales Increase Year Over Year
Strength in the Fire & Safety/Diversified Products segment aids IEX's third-quarter results.
Positive
Zacks Investment Research
1 month ago
Idex (IEX) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Idex (IEX) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
1 month ago
Idex (IEX) Q3 Earnings and Revenues Beat Estimates
Idex (IEX) came out with quarterly earnings of $1.90 per share, beating the Zacks Consensus Estimate of $1.89 per share. This compares to earnings of $2.12 per share a year ago.
Neutral
Business Wire
1 month ago
IDEX Reports Third Quarter Results
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE: IEX) today announced its financial results for the three-month period ended September 30, 2024. “We are encouraged by our third quarter performance. The teams within our Fluid & Metering Technologies and Fire & Safety / Diversified Products segments drove organic growth against an uncertain economic backdrop while delivering strong margins through operational execution,” said Eric D. Ashleman, IDEX Corporation Chief Executive Of.
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