IDEX Corporation (IEX) : Cookson Peirce Co Inc added new position in IDEX Corporation during the most recent quarter end. The investment management firm now holds 88,265 shares of IDEX Corporation which is valued at $7,943,850 , the company said in a statement filed on Aug 3, 2016 with the SEC.IDEX Corporation makes up approximately 1.15% of Cookson Peirce Co Inc’s portfolio.
Other Hedge Funds, Including , Intrust Bank Na reduced its stake in IEX by selling 12,116 shares or 45.07% in the most recent quarter. The Hedge Fund company now holds 14,767 shares of IEX which is valued at $1,329,030. IDEX Corporation makes up approx 0.52% of Intrust Bank Na’s portfolio.Oregon Public Employees Retirement Fund boosted its stake in IEX in the latest quarter, The investment management firm added 4,158 additional shares and now holds a total of 29,564 shares of IDEX Corporation which is valued at $2,660,760. IDEX Corporation makes up approx 0.06% of Oregon Public Employees Retirement Fund’s portfolio.Zurcher Kantonalbank (zurich Cantonalbank) boosted its stake in IEX in the latest quarter, The investment management firm added 45,901 additional shares and now holds a total of 169,362 shares of IDEX Corporation which is valued at $15,242,580. IDEX Corporation makes up approx 0.19% of Zurcher Kantonalbank (zurich Cantonalbank)’s portfolio.Bbva Compass Bancshares Inc boosted its stake in IEX in the latest quarter, The investment management firm added 4,353 additional shares and now holds a total of 8,544 shares of IDEX Corporation which is valued at $767,166. IDEX Corporation makes up approx 0.06% of Bbva Compass Bancshares Inc’s portfolio.Independent Portfolio Consultants reduced its stake in IEX by selling 4,175 shares or 17.77% in the most recent quarter. The Hedge Fund company now holds 19,321 shares of IEX which is valued at $1,631,658. IDEX Corporation makes up approx 0.50% of Independent Portfolio Consultants’s portfolio.
IDEX Corporation opened for trading at $91.05 and hit $91.56 on the upside on Monday, eventually ending the session at $91.55, with a gain of 0.49% or 0.45 points. The heightened volatility saw the trading volume jump to 2,25,279 shares. Company has a market cap of $6,970 M.
On the company’s financial health, IDEX Corporation reported $0.99 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Jul 18, 2016. Analyst had a consensus of $0.93. The company had revenue of $549.70 million for the quarter, compared to analysts expectations of $544.85 million. The company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.89 EPS.
Many Wall Street Analysts have commented on IDEX Corporation. IDEX Corporation was Initiated by KeyBanc Capital Mkts to “Sector Weight” on May 23, 2016.
IDEX Corporation is an applied solutions business that sells pumps flow meters and other fluidics systems and components and engineered products. The Companys products include industrial pumps compressors flow meters injectors and valves and related controls for use in process applications; precision fluidics solutions including pumps valves degassing equipment corrective tubing fittings complex manifolds precision photonic solutions optical filters and specialty medical equipment and devices used in life science applications. The Company operates in three segments: Fluid & Metering Technologies (FMT) which designs produces and distributes positive displacement pumps flow meters and injectors; Health & Science Technologies (HST) which designs produces and distributes precision fluidics and rotary lobe pumps and Fire & Safety/Diversified Products (FSDP) which produces firefighting pumps and controls rescue tools.