IDEX Corporation stock gains as Q2 earnings beat estimates

Published on 09/24/2026 at 11:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IDEX Corporation stock stood at USD 229.67 on September 23, 2026, 5.8 percent below its 52-week high. Q2 revenue reached USD 920.6 million and adjusted EPS hit USD 2.32.

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IDEX Corporation (ISIN US45167R1041) stock gained 1.76 percent to a closing price of USD 229.67 on the NYSE on September 23, 2026, 5.8 percent below its 52-week high of USD 243.80. The latest operating signal came from Q2 2026, when adjusted earnings exceeded consensus and sales grew 6.4 percent.

Q2 earnings beat consensus

According to Yahoo Finance, IDEX delivered adjusted EPS of USD 2.32 in Q2 2026, above the Zacks consensus estimate of USD 2.10. Adjusted earnings increased 12.1 percent year over year, while net sales reached USD 920.6 million against a consensus mark of USD 902.43 million.

The revenue result represented a 6.4 percent increase from the year-ago quarter and a 2 percent beat against consensus. IDEX also reported record orders exceeding USD 1 billion, giving the sales figure a stronger demand backdrop than the headline growth rate alone suggests.

Health and science leads growth

Health and Science Technologies generated Q2 2026 sales of USD 415 million, up 14 percent year over year, with organic sales growth of 12 percent. Fluid and Metering Technologies contributed USD 317.1 million, up 2 percent, while Fire and Safety/Diversified Products declined 1 percent to USD 189.9 million.

The segment mix matters because HST was the clearest growth engine in the quarter, supported by demand linked to data center power, semiconductor, space and defense applications. IDEX reported an adjusted gross margin of 46.4 percent, an increase of 110 basis points from the prior-year quarter.

Dividend and analyst targets

MarketScreener reports that IDEX approved a quarterly dividend of USD 0.73 per share for payment on October 16, 2026, to shareholders of record on October 2, 2026. The payment would mark the company's 128th consecutive regular quarterly dividend.

On September 9, 2026, Oppenheimer raised its IDEX price target from USD 265 to USD 270 while keeping an Outperform rating, according to MarketScreener. The target revision followed commentary on IDEX's 80/20 operating model and growth strategy.

Stock remains below yearly high

IDEX stock closed at USD 229.67 on the NYSE on September 23, 2026, with a market capitalization of USD 16,931,249,433. The shares were USD 14.13 below the 52-week high of USD 243.80, leaving the latest market value below the year's peak despite the 1.76 percent daily advance.