IDEX Stock Price, News & Analysis

IDEX Corporation (NYSE:IEX) has scheduled its fourth quarter earnings conference call for February 2, 2022, at 9:30 a.m. CT. CEO Eric Ashleman and CFO William Grogan will discuss the company's financial performance and answer investor questions. Interested parties can listen to the call online via IDEX's website and view accompanying presentation slides. An audio replay will be available until March 2, 2022. IDEX is a global company with over 40 businesses and nearly $2.5 billion in sales, involved in various mission-critical components used in everyday life.

IDEX Corporation (NYSE:IEX) has announced the acquisition of Nexsight, LLC for $120 million. This strategic purchase includes leading businesses such as Envirosight, WinCan, MyTana, and Pipeline Renewal Technologies. The acquisition is set to enhance IDEX's wastewater monitoring capabilities and expand its product offerings in intelligent water technologies. With annual sales of about $50 million, this deal is expected to close in Q1 2021, pending regulatory approvals. CEO Eric Ashleman emphasized the importance of this move for broadening expertise in wastewater infrastructure.

IDEX Corporation (NYSE:IEX) has announced a quarterly cash dividend of $0.54 per share, payable on January 28, 2022, to shareholders of record as of January 14, 2022. This marks the 109th consecutive quarterly cash dividend payment from the company. IDEX operates over 40 businesses globally, with approximately $2.5 billion in sales and more than 7,000 employees, providing essential components used in various life-saving and everyday applications.

IDEX Corporation (NYSE: IEX) reported strong financial results for Q3 2021, with record orders of $774.2 million, a 36% increase year-over-year, and sales of $712.0 million, up 23%. The operating margin was 22.6% and adjusted operating margin was 24.3%. Earnings per share (EPS) reached a record $1.51, with adjusted EPS at $1.63, a 16.4% increase from the prior year. Full-year adjusted EPS guidance has been narrowed to $6.30 to $6.33. The company expects 9-10% organic sales growth in Q4.

IDEX Corporation (NYSE: IEX) has formed a national partnership with the Boys & Girls Clubs of America through the IDEX Foundation, enabling expanded local volunteer opportunities for IDEX employees. This collaboration aligns with IDEX's new charitable focus on equity and opportunity for under-served communities. It aims to empower young individuals while supporting local Clubs financially and through volunteerism. The IDEX Foundation, which supports numerous charitable initiatives, enhances community engagement.

IDEX Corporation (NYSE:IEX) has scheduled its third quarter earnings conference call for October 27, 2021 at 9:30 a.m. CT. CEO Eric Ashleman and CFO William Grogan will discuss the company’s financial performance and take questions from investors. Interested participants can access the call via the company's website, where presentation slides will also be available. A replay of the call will be accessible until November 27, 2021 through designated phone lines.

IDEX Corporation (NYSE:IEX) has declared a quarterly cash dividend of $0.54 per common share, payable on October 29, 2021, to shareholders of record as of October 15, 2021. This marks the company’s 108th consecutive quarterly dividend, reflecting its ongoing commitment to returning value to shareholders. IDEX operates globally with over 40 diverse businesses and has annual revenues exceeding $2 billion.

NACD honored IDEX Corporation's Non-Executive Chairman, William M. Cook, as the “Public Company Director of the Year.” This award recognizes exemplary directors who enhance corporate governance. IDEX CEO, Eric D. Ashleman, praised Cook's sound judgment and ability to foster critical decision-making. The award ceremony will take place during the NACD Directorship Awards Virtual Gala on November 9, 2021. IDEX, a global company with over $2.5 billion in revenue, is known for producing mission-critical components across various industries.

IDEX Fire & Safety has introduced the SAM Smart Nozzle featuring N₂P Technology, enhancing their SAM™ automated flow control system. This innovative nozzle allows firefighters to control water flow and access crucial information directly at the fire scene, improving response speed and safety. The SAM System, launched in 2019, integrates pump control and offers new features for better usability. The SAM Smart Nozzle will be demonstrated at the FDIC International event in Indianapolis from August 5–7, 2021.