IDEX Corporation (IEX) has been making significant strides on the stock market, as observed from recent key activities and corporate actions. The company's stock position has been appreciably raised by Prudential PLC, amongst many other investment firms including Bank Julius Baer & Co. Ltd Zurich ($5.33 Million), Primecap Management Co., Savant Capital LLC ($290,000), Sierra Legacy Group, SG Americas Securities LLC and many more. Duff & Phelps Investment Management Co, for instance, raised its stake in IDEX. However, Westfield Capital Management Co. LP and King Luther Capital Management Corp reportedly sold shares of IDEX. Furthermore, the optimistic stake adjustments by various investment companies are backed by positive performance of IDEX’s Q3 earnings which surpassed revenue estimates and were greeted by an increase in Q3 profit. A negative outlook on FY2027 earnings by Zacks Research, a negative appraisal of IDEX's YoY returns and a margin decline pose concerns. Nonetheless, consistent declarations of a regular quarterly cash dividend and announcements of share repurchase authorizations shows a promising financial prospect for IDEX. Lastly, the consensus rating of 'Moderate Buy' from brokerages, and the potential upside observed by Billionaire Ken Fisher hint towards a robust position for IDEX in the market.
Idex Corporation IEX News Analytics from Mon, 14 Apr 2025 07:00:00 GMT to Sat, 22 Nov 2025 13:55:28 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor 4
