IDEX Corporation (IEX) has been experiencing significant movements in the recent time, with numerous investment firms and capital partners adjusting their stakes. Entities such as Clarkston Capital Partners, Rhumbline Advisers, and Charles Schwab Investment Management have bought shares, while others like Findlay Park Partners, Legal & General Group, and Westfield Capital Management have reduced their holdings.
The corporation's performance has also caught the attention of individual investors like Rep. Lisa C. McClain. Despite the underperformance, which was value-driven, IEX has displayed strong prospects amid persisting headwinds. This trend has led numerous investment firms and advisory companies to grow, lower, or establish new positions in IEX.
The firm has also announced regular quarterly cash dividends and had its EPS beat estimates by 5.8%. Its Q3 earnings even outperformed most of the gas and liquid handling stocks. The corporation's stock has been given a consensus rating of 'Moderate Buy'. IDEX also surprised with its Q3 Sales, and despite being under the radar, is considered undervalued due to its robust financial prospects.
Idex Corporation IEX News Analytics from Wed, 26 Feb 2025 08:00:00 GMT to Sat, 29 Nov 2025 20:27:05 GMT -
Rating 4
- Innovation 4
- Information 8
- Rumor 3
