IDEX rises after Q2 earnings beat and guidance hike

IDEX Corporation (IEX) is up 3.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a strong second-quarter earnings report that beat Wall Street expectations on both profit and revenue, followed by a higher full-year outlook. Investors also appear to be responding to accelerating orders, especially in the Health & Science Technologies segment, where demand tied to data centers, semiconductors, and space and defense remained strong.

Details:

IDEX posted second-quarter adjusted EPS of $2.32 on revenue of $920.6 million, topping consensus estimates of $2.11 per share and about $905.4 million in revenue.

The company said record sales rose 6% year over year, with organic sales up 5%, while adjusted EBITDA margin expanded to 28.1%.

Orders climbed sharply, reaching about $1.07 billion, with organic orders up 28%, signaling solid demand and better visibility into upcoming quarters.

IDEX raised its 2026 outlook, now expecting 5% to 6% organic sales growth and adjusted diluted EPS of $8.70 to $8.85, up from its prior forecast of $8.35 to $8.55.

Sources:

IDEX Corporation, SEC, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$IEX Insider Trading Activity

$IEX insiders have traded $IEX stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $IEX stock by insiders over the last 6 months:

ERIC D ASHLEMAN (CEO and President) has made 0 purchases and 2 sales selling 15,385 shares for an estimated $3,311,195.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$IEX Hedge Fund Activity

We have seen 305 institutional investors add shares of $IEX stock to their portfolio, and 253 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

WELLINGTON MANAGEMENT GROUP LLP removed 3,953,971 shares (-69.5%) from their portfolio in Q1 2026, for an estimated $749,475,203
DODGE & COX removed 1,262,550 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $239,316,352
JANE STREET GROUP, LLC added 1,163,053 shares (+47163.5%) to their portfolio in Q1 2026, for an estimated $220,456,696
VAN ECK ASSOCIATES CORP removed 1,040,056 shares (-52.6%) from their portfolio in Q1 2026, for an estimated $197,142,614
MILLENNIUM MANAGEMENT LLC added 932,181 shares (+87.6%) to their portfolio in Q1 2026, for an estimated $176,694,908
BANK OF AMERICA CORP /DE/ added 746,732 shares (+215.0%) to their portfolio in Q1 2026, for an estimated $141,543,050
POINT72 ASSET MANAGEMENT, L.P. added 673,745 shares (+428.8%) to their portfolio in Q1 2026, for an estimated $127,708,364

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$IEX Government Contracts

We have seen $462,631 of award payments to $IEX over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

BAND-IT ULTRA LOK UL8169 BAND CLAMPS: $265,485
MONTHLY MAINTENANCE OF FIVE (5) FLOW METERS AND RELATED EQUIPMENT: $109,500
UFO-FLOWMETER UPGRADE: $50,936
---------- COMMENTS: 1900-2025--19___510690000-3093-IBWC-309332-3732--2589---------- THE USIBWC'S SDFO MON...: $36,710

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$IEX Price Targets

Multiple analysts have issued price targets for $IEX recently. We have seen 9 analysts offer price targets for $IEX in the last 6 months, with a median target of $250.0.

Here are some recent targets:

Bryan Blair from Oppenheimer set a target price of $250.0 on 06/02/2026
Deane Dray from RBC Capital set a target price of $252.0 on 04/30/2026
Vladimir Bystricky from Citigroup set a target price of $252.0 on 04/30/2026
Joseph Giordano from TD Cowen set a target price of $260.0 on 04/30/2026
Nathan Jones from Stifel set a target price of $241.0 on 04/14/2026
Daniel DiCicco from BMO Capital set a target price of $214.0 on 03/27/2026
John Eade from Argus Research set a target price of $240.0 on 02/06/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.