IEX IDEX Corporation

IDEX Corporation's stock is experiencing a quiet uptrend, attracting investors as industrials return to focus. Despite a demanding valuation, the company's resilient fundamentals, steady earnings, and cautiously optimistic Wall Street sentiment are driving this growth. The article suggests that while not as explosive as high-beta tech, IDEX offers a solid and dependable investment opportunity with moderate upside potential.

Insiders at IDEX Corporation (NYSE:IEX) have recently increased their holdings, adding US$500.7k worth of stock. This includes a significant purchase by Independent Non-Executive Chair Katrina Helmkamp and a recent investment by Independent Director Carl Christenson. This buying activity, coupled with a fair level of insider ownership, suggests a positive outlook from those within the company.

Insiders at IDEX Corporation (NYSE:IEX) have recently increased their holdings, with significant purchases totaling US$500.7k over the last year. This buying activity, particularly by Independent Non-Executive Chair Katrina Helmkamp and Independent Director Carl Christenson, suggests a positive outlook from those within the company. Although insider ownership is relatively low at 0.2%, these transactions indicate confidence in IDEX's future prospects.

This article provides a comprehensive history and data for IDEX Corporation (IEX) stock, including historical price data, yearly performance returns, and market capitalization over the past decade. It also lists recent news articles related to market trends and other stocks. The report details the 52-week high and low, as well as the average price for the current year.

Deprince Race & Zollo Inc. increased its stake in IDEX Corporation (NYSE:IEX) by 15.9% during the third quarter, now owning 344,200 shares valued at $56.02 million. IDEX has also authorized a $1.00 billion share buyback program and declared a quarterly dividend of $0.71. The company reported EPS of $1.79 on $712 million revenue and carries a "Moderate Buy" consensus rating from analysts with an average price target of $196.86.

IDEX Corporation (IEX) stock is trading unchanged at $180.20, indicating a neutral investor sentiment, despite being above its 50-day and 200-day moving averages. Trading volume is significantly below average, and while analyst sentiment is bullish with a $193.00 price target, longer-term forecasts project potential decreases. The broader Industrials sector is down, which might be influencing IEX's performance.