IDEX Corporation has been the focus of diverse financial moves. Notable investment firms such as
Nordea Investment Management AB and
TD Asset Management Inc. have decreased their stakes while others, like
Allianz Asset Management GmbH and
Johnson Investment Counsel Inc., increased their positions. Major holder
Boston Trust Walden Corp remains invested at a value of $66.98 million. Meanwhile, there have been varying earnings expectations, including surpassing estimates by 5.8%. With regard to intrinsic value, some speculate it could be undervalued by up to 32%.
IDEX has announced an increase in share repurchase authorization and a regular quarterly cash dividend, indicating strong faith in its financial position. Furthermore, the stock has been detailed among billionaire Ken Fisher's picks for industrial stocks with huge upside potential. However, despite a reportedly good Q2, their quarterly revenue guidance missed expectations. Some analysts, such as Weiss Ratings, retain a 'Hold' rating, while others like Oppenheimer and Stifel express more bullish sentiments.
Idex Corporation IEX News Analytics from Wed, 27 Nov 2024 08:00:00 GMT to Sat, 18 Oct 2025 13:51:44 GMT -
Rating 5
- Innovation 4
- Information 6
- Rumor 1
