The IDEX Corporation (IEX) demonstrates a mixed performance with various prominent financial organizations altering their stakes in the company. Amidst earnings reports and underperformance on several days compared to competitors, there is a flux of financial activities involving IEX. Entities such as Eventide Asset Management, Citigroup, and Cerity Partners have acquired shares, while others like FORA Capital and Nuance Investments have sold theirs.
Financial services and investment firms, including Bank of Montreal and Fisher Asset Management, hold significant investments in IDEX. The firm announced a regular quarterly cash dividend and completed the acquisition of Mott Corporation, intending to enhance its applied materials science technology capabilities.
Strong financial metrics are highlighted, with a notable three-year EPS growth rate. However, the company underperformed on several occasions compared to competitors, reflecting a mixed financial health. Finally, earnings estimates are revised upwards, indicating a bullish outlook.
Idex Corporation IEX News Analytics from Tue, 27 Feb 2024 08:00:00 GMT to Sat, 30 Nov 2024 14:46:02 GMT - Rating 2 - Innovation 0 - Information 6 - Rumor -2
