Oak Thistle LLC and Assenagon Asset Management have made significant investments in IDEX Co. (NYSE:IEX), despite the company stock's apparent underperformance in the industrial sector. Over the past five years, IDEX investors experienced a return of 26%. The company's financial health reflects its recent stock performance and is gearing up to host its Q4 earnings call. Mergers and acquisitions have also been part of the corporation's strategy, with the recent completion of the Mott Corporation's acquisition. This move expands its applied materials science technology capabilities across high-value end markets. The share price has been a major point of discussion among investors and investment groups, and further debate surrounds the company's valuation. IDEX Corporation has declared a regular quarterly cash dividend, displaying robust financial metrics and a winning formula amid market challenges. Some believe the IDEX stock to be undervalued by 31% whereas others suggest it's best to avoid investing for now. However, investments five years ago would have yielded a 45% gain.
Idex Corporation IEX News Analytics from Tue, 08 Oct 2013 07:00:00 GMT to Sat, 18 Jan 2025 09:05:22 GMT -
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- Innovation 5
- Information 7
- Rumor 3
