In its most recent Form 13F filing, Machina Capital S.A.S. reported a 47.2% reduction in its holding of IDEX Corporation shares, selling 6,176 shares during the third quarter. Following the transaction, Machina Capital’s position stands at 6,895 shares with a reported value of $1,122,000. This marked divestiture represents one of the largest single adjustments to IDEX holdings among institutional investors during the period.

Several other prominent asset managers also altered their IDEX positions. Empowered Funds LLC increased its stake by 3.4%, acquiring 54 additional shares to reach 1,646 shares valued at $298,000. HB Wealth Management initiated a position worth $206,000, while Mirae Asset Global Investments lifted its holding by 8.9% with an additional 971 shares to total 11,901 shares ($2,089,000). QRG Capital Management added 1,380 shares (13.6% increase) for a total of 11,511 shares ($2,021,000), and DAVENPORT & Co LLC expanded its position by 58.5% with 713 new shares to 1,932 shares ($339,000). Institutional investors and hedge funds now represent 97.96% of the company’s outstanding shares.

Five sell-side analysts currently rate IDEX as a Buy or Outperform, while two maintain a Hold stance, resulting in an average consensus of Moderate Buy. Stifel Nicolaus recently raised its price target from 200.00 to 220.00 and reiterated a Buy rating. Citigroup lifted its target to 202.00 with a Buy rating, Royal Bank of Canada reaffirmed an Outperform rating and a 211.00 target, TD Cowen upheld its Buy rating, and Weiss Ratings retained a Hold (C-) assessment. These revisions reflect expectations for continued margin expansion and resilient end-market demand.

In the fourth quarter, IDEX reported earnings per share of 2.10, surpassing the consensus estimate of 2.04 by 0.06, and delivered revenue of 899.1 million, ahead of the 882 million forecast and representing a 4.2% year-over-year increase. Return on equity reached 15.20% and net margin stood at 13.97%. For the first quarter of fiscal 2026, the company projects EPS between 1.73 and 1.78, and full-year EPS between 8.15 and 8.35. Additionally, the board declared a quarterly dividend of 0.71 per share, translating to an annualized payout of 2.84 and a dividend yield of 1.3%, with a payout ratio of 44.94%.