DA Davidson Comments on IDEX’s Q2 Earnings (NYSE:IEX)

IDEX Co. (NYSE:IEX) – Stock analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for IDEX in a note issued to investors on Wednesday, May 7th. DA Davidson analyst M. Summerville forecasts that the industrial products company will post earnings of $2.02 per share for the quarter. DA Davidson has a “Neutral” rating and a $215.00 price target on the stock. The consensus estimate for IDEX’s current full-year earnings is $8.26 per share. DA Davidson also issued estimates for IDEX’s FY2026 earnings at $8.95 EPS.

A number of other equities analysts have also recently issued reports on IEX. Royal Bank of Canada upped their price objective on shares of IDEX from $206.00 to $208.00 and gave the stock an “outperform” rating in a research report on Friday, May 2nd. Citigroup reduced their price objective on IDEX from $264.00 to $201.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Stifel Nicolaus increased their target price on IDEX from $192.00 to $208.00 and gave the company a “buy” rating in a research report on Friday, May 2nd. Robert W. Baird set a $215.00 price target on IDEX in a report on Friday, May 2nd. Finally, Mizuho set a $175.00 price objective on shares of IDEX in a report on Tuesday, April 22nd. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.25.

IDEX Stock Performance

IDEX stock opened at $183.40 on Thursday. The stock has a market cap of $13.85 billion, a PE ratio of 27.58, a P/E/G ratio of 1.98 and a beta of 1.07. The company has a quick ratio of 1.85, a current ratio of 2.53 and a debt-to-equity ratio of 0.49. IDEX has a 12-month low of $153.36 and a 12-month high of $238.22. The business’s 50-day moving average price is $176.39 and its two-hundred day moving average price is $201.25.

IDEX (NYSE:IEX) last announced its quarterly earnings data on Thursday, May 1st. The industrial products company reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. The business had revenue of $814.30 million for the quarter, compared to analysts’ expectations of $807.25 million. IDEX had a net margin of 15.45% and a return on equity of 16.08%. The firm’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period last year, the firm posted $1.88 earnings per share.

Hedge Funds Weigh In On IDEX

A number of hedge funds have recently bought and sold shares of IEX. Headlands Technologies LLC bought a new position in shares of IDEX in the 1st quarter worth about $118,000. Deutsche Bank AG grew its position in shares of IDEX by 1.5% during the 1st quarter. Deutsche Bank AG now owns 470,495 shares of the industrial products company’s stock worth $85,145,000 after buying an additional 7,144 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in IDEX by 1.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 648,477 shares of the industrial products company’s stock worth $117,355,000 after acquiring an additional 8,294 shares in the last quarter. ASR Vermogensbeheer N.V. bought a new stake in IDEX in the first quarter valued at $24,956,000. Finally, Westfield Capital Management Co. LP increased its position in IDEX by 25.7% in the 1st quarter. Westfield Capital Management Co. LP now owns 445,203 shares of the industrial products company’s stock valued at $80,568,000 after buying an additional 90,947 shares in the last quarter. Institutional investors own 97.96% of the company’s stock.

IDEX Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Monday, May 19th will be paid a $0.71 dividend. This is a positive change from IDEX’s previous quarterly dividend of $0.69. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Monday, May 19th. IDEX’s dividend payout ratio is currently 43.74%.

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.