Fenimore Asset Management INC Decreased Its Stake in Idex Corporation (IEX)

April 17, 2018 - By Sonya McDaniel

Big Money Sentiment increased to 1.04 in Q4 2017. It has change of 0.01, from 2017Q3’s 1.03. The ratio is positive due to IEX positioning: 21 sold and 120 reduced. 58 funds acquired holdings and 88 increased holdings. Investors holded 73.36 million in 2017Q3 but now own 72.31 million shares or 1.43% less. Oakbrook Investments Ltd Liability Company holds 0.05% of its capital in IDEX Corporation (NYSE:IEX) for 6,305 shs. Schroder Inv Management Group Incorporated has 0.22% invested in IDEX Corporation (NYSE:IEX). Sg Americas Secs Ltd invested 0.05% of its capital in IDEX Corporation (NYSE:IEX). The Delaware-based Dupont Capital has invested 0.02% in IDEX Corporation (NYSE:IEX). Delta Asset Mngmt Lc Tn owns 13 shs. Lourd Cap Ltd Com owns 0.02% invested in IDEX Corporation (NYSE:IEX) for 2,259 shs. Wallington Asset Mngmt Limited Liability Company invested in 1,800 shs. Moreover, Teachers Retirement System Of The State Of Kentucky has 0.1% invested in IDEX Corporation (NYSE:IEX). Oakworth Inc holds 0% or 93 shs. New York-based Gideon Cap Advsrs has invested 0.21% in IDEX Corporation (NYSE:IEX). United Kingdom-based Legal & General Gp Pcl has invested 0.02% in IDEX Corporation (NYSE:IEX). Laurion Cap Mgmt Lp has invested 0.01% in IDEX Corporation (NYSE:IEX). Advsr Asset Management has invested 0.02% in IDEX Corporation (NYSE:IEX). Impax Asset Mngmt Ltd owns 971,315 shs. Moreover, Snyder Mngmt LP has 4.05% invested in IDEX Corporation (NYSE:IEX) for 616,609 shs.

In Idex Corporation (IEX) was reduced the holdings owned by Fenimore Asset Management Inc. The decrease is 14.31% according to 2017Q4 Securities and Exchange filling. By selling 118,781 shares Fenimore Asset Management Inc made the stock popped up with 7.15%. The fluid controls company at the end of 2017Q4 was priced at $93.90 million. It’s down from 830,270 at the end of the previous reported quarter. Now it had 711,489 shares held by the institutional investor . Fenimore Asset Management Inc has risen its stake in Graco Inc. (NYSE:GGG) and also increased its holding in Interpublic Group Of Companies (NYSE:IPG) by 782,740 shares in the quarter, for a total of 3.37 million shares.

Analysts await IDEX Corporation (NYSE:IEX) to report earnings on April, 18. They expect $1.24 EPS, up 20.39 % or $0.21 from last year’s $1.03 per share. IEX’s profit will be $94.98 million for 28.87 P/E if the $1.24 EPS becomes a reality. After $1.12 actual EPS reported by IDEX Corporation for the previous quarter, Wall Street now forecasts 10.71 % EPS growth.

IDEX Corporation (NYSE:IEX) Ratings Coverage

In total 10 analysts cover Idex Corp (NYSE:IEX). “Buy” rating has 2, “Sell” are 0, while 8 are “Hold”. 20% are bullish. 17 are the (NYSE:IEX)’s analyst reports since December 10, 2017 according to StockzIntelligence Inc. On Thursday, January 25 the stock of IDEX Corporation (NYSE:IEX) earned “Hold” rating by BMO Capital Markets. On Monday, April 16 the firm has “Hold” rating by Stifel Nicolaus given. On Wednesday, April 11 the rating was maintained by Cowen & Co with “Hold”. On Thursday, January 18 the stock of IDEX Corporation (NYSE:IEX) earned “Buy” rating by Wells Fargo. On Thursday, February 1 the rating was maintained by Seaport Global with “Hold”. On Wednesday, January 31 the stock of IDEX Corporation (NYSE:IEX) earned “Hold” rating by SunTrust. In Sunday, December 10 report Stifel Nicolaus maintained the stock with “Hold” rating. On Sunday, January 28 the company was maintained by Cowen & Co. On Wednesday, December 13 the firm earned “Buy” rating by Robert W. Baird. On Tuesday, January 16 the company was maintained by Stifel Nicolaus.

IDEX Corporation (NYSE:IEX) Institutional Investors Chart

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