IDEX Corporation Declares $0.73 Dividend and Raises 2026 Forecast
IDEX Corporation announced a quarterly dividend of $0.73 per share and updated its 2026 guidance, projecting organic growth between 6.5% and 6.8%.
On November 11, 2026, IDEX Corporation announced a quarterly dividend of $0.73 per share, keeping its payout at the prior rate with a forward yield near 1.22%. The dividend is scheduled for payment on January 27, 2027, to investors of record as of January 13, 2027. Alongside the capital return announcement, management raised the company's financial forecast for 2026, projecting organic expansion between 6.5% and 6.8% and adjusted earnings per share from $8.91 to $8.96.
The updated forecast follows strong operational momentum highlighted by record sales of $952 million, an increase of 8% year-over-year. In its quarterly report released on Wednesday, October 28th, the diversified manufacturer reported earnings per share of $2.33, beating analyst projections of $2.24. Revenue for the period reached $951.70 million, above expectations of $934.36 million and up 8.3% from the same quarter in the prior year when the company posted $2.03 per share.
Market data tracked by MarketBeat shows analyst sentiment remains predominantly constructive. Nine analysts rate the equity as a Buy while three assign a Hold, resulting in a consensus rating of Moderate Buy and an average price objective of $263.64. Recent targets from individual brokerages range from DA Davidson at $245.00 to Royal Bank Of Canada at $283.00, while Citigroup raised its target to $272.00.
Valuation figures present a more balanced picture. Metrics compiled by GuruFocus place the stock at $239.96, which is 3.4% above its intrinsic value calculation of $232.11. The publication notes that the firm trades at a trailing twelve-month price-to-earnings ratio of 33.29x, above its five-year median of 29.45x, though its forward price-to-earnings multiple stands lower at 24.41x. The company maintains a debt-to-equity ratio of 0.44.
Ownership tracking indicates divergent moves between institutional funds and corporate insiders. GuruFocus noted that 11 institutional gurus hold the stock with net additions, whereas company insiders made no purchases and logged $3.4 million in sales over the trailing 12 months. Overall, institutional investors and hedge funds control 97.96% of the company's shares, while corporate insiders own 0.50%.