Welcome to our dedicated page for IDEX news (Ticker: IEX), a resource for investors and traders seeking the latest updates and insights on IDEX stock.
IDEX Corporation (NYSE: IEX) is a global engineered products company serving critical industrial, health and science, and fire and safety markets. This news page aggregates company announcements, earnings releases and other corporate updates so readers can follow how IDEX executes its strategy across its three primary segments: Health & Science Technologies, Fluid & Metering Technologies, and Fire & Safety / Diversified Products.
Visitors can review quarterly and annual financial results, where IDEX discusses segment performance, organic sales trends, acquisitions and platform optimization efforts. Earnings releases often highlight factors such as pricing, volume changes in end markets like life sciences, pharmaceuticals, aerospace and defense, semiconductors, water and fire and safety, as well as the impact of acquisitions including Mott Corporation and Micro-LAM, Inc.
The news feed also includes information on capital allocation decisions, such as regular quarterly cash dividend declarations and share repurchase authorizations, along with commentary on the company’s balanced deployment of free cash flow. Corporate governance and leadership updates, including appointments of senior executives, are disclosed through press releases and related Form 8-K filings and appear in this stream.
For investors tracking IEX stock, this page provides a centralized view of IDEX’s public communications, from webcast announcements for earnings calls to updates on its 8020 operating approach and growth platforms. Bookmark this page to access a chronological record of IDEX Corporation news and to monitor how management describes the company’s performance, portfolio evolution and role in critical industries over time.
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.
On August 4, 2021, IDEX Fire & Safety announced a partnership with Rosenbauer America to introduce the SAM™ Integrated Total Flow Control System for rear-mount pump applications. This collaboration aims to enhance firefighting operations by simplifying pump management, allowing operators to focus more on the fireground. The SAM System will be exclusively installed in Rosenbauer trucks, integrating advanced Hale Products pump technology. At the FDIC International event happening from August 5-7, IDEX will showcase the SAM System's capabilities through live demonstrations.
Zeus Electric Chassis unveiled an innovative electric fire truck at FDIC in Indianapolis on Aug. 4, 2021. The Zeus fire truck incorporates a 300-gallon water tank and an IDEX electric motor-driven pump, all powered by the vehicle's main batteries. This solution aims to reduce carbon and noise pollution while enhancing performance and operational efficiency. Featuring advanced technology from IDEX Fire & Safety, the Zeus truck is set to provide a sustainable alternative for fire departments. The truck will be on display at booth #3126 during the FDIC event, which runs from Aug. 5 to 7.
IDEX Corporation (NYSE: IEX) reported strong financial results for Q2 2021, achieving record orders of $751.0 million, a 44% increase year-over-year. Sales rose to $685.9 million, up 22%. The company noted an adjusted EPS of $1.61, up 46.4% from the previous year, and raised its full-year adjusted EPS guidance to $6.26-$6.36.
Key factors include successful acquisitions, improved margins, and heightened demand across all segments despite challenges like inflation and supply chain issues. Additionally, the company terminated its U.S. pension plan and refinanced its debt to a lower rate.