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IDEX Corporation - IEX STOCK NEWS

Welcome to our dedicated page for IDEX Corporation news (Ticker: IEX), a resource for investors and traders seeking the latest updates and insights on IDEX Corporation stock.

IDEX Corporation (NYSE: IEX) is an integral part of many aspects of modern life. Headquartered in Lake Forest, Illinois, IDEX specializes in manufacturing mission-critical components and systems such as pumps, flow meters, valves, and fluidic systems. These products play essential roles in various industries, including industrial, fire and safety, life sciences, and water management.

Organized into three primary segments—Fluid and Metering Technologies, Health and Science Technologies, and Fire and Safety and Diversified Products—IDEX operates manufacturing facilities in over 20 countries and employs more than 7,000 people. In 2023, the company generated an impressive $3.3 billion in revenue.

IDEX's versatile product offerings include the Band-It® clamp, which can be found in the airbags of many vehicles, and the Hurst Jaws of Life® rescue tool, often used in critical emergency scenarios. Their contributions to the life sciences are noteworthy as well; IDEX's health and science division produces components used in DNA testing equipment. This technology aids doctors in selecting targeted treatments for conditions such as cancer.

Recently, IDEX acquired STC Material Solutions, an advanced materials manufacturer specializing in aerospace, defense, medical, and semiconductor markets. This acquisition underscores IDEX's commitment to expanding its technological capabilities and market reach.

Founded in 1988 with just three small manufacturing companies, IDEX has grown into a global leader with over 50 businesses under its umbrella. The company's high-performing, diverse operations are dedicated to producing trusted solutions that have a meaningful impact on people's lives.

For more information, visit the official IDEX website at www.idexcorp.com.

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IDEX CORPORATION (NYSE:IEX) announces 117th consecutive regular quarterly cash dividend of $0.64 per common share, payable on January 26, 2024, to shareholders of record as of January 12, 2024.
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IDEX Corporation has entered into a definitive agreement to acquire STC Material Solutions for $206 million USD. STC specializes in advanced material science solutions and has relationships with leading manufacturers in various sectors. The acquisition is expected to close by late-2023.
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IDEX Corporation appoints Abhi Khandelwal as Senior Vice President and Chief Financial Officer
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IDEX Corporation reports third quarter 2023 financial results, including a 4% decrease in sales and a 17% increase in diluted EPS. The company divested Micropump, Inc. for $110 million, resulting in a gain of $71 million. Full-year EPS guidance raised.
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IDEX Corporation (NYSE:IEX) has scheduled its third quarter earnings conference call for October 26, 2023 at 9:30 a.m. CT. CEO Eric Ashleman and Interim CFO Allison Lausas will discuss the company's financial performance.
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IDEX Corporation announces regular quarterly cash dividend of $0.64 per share
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IDEX Corporation appoints Allison S. Lausas as interim CFO, effective September 15, 2023.
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Copeland (NYSE: COPE) appoints Jeff Bucklew as Chief Human Resources Officer, bringing decades of HR experience to drive business growth through inclusive and diverse cultures. Bucklew's background includes leadership roles at IDEX and GE, with a focus on creating an inclusive and diverse culture to drive business growth. He holds a Bachelor of Science degree in Communication from Ohio University and a Master of Science degree in Human Resources from Rutgers University.
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FAQ

What is the current stock price of IDEX Corporation (IEX)?

The current stock price of IDEX Corporation (IEX) is $227.45 as of November 21, 2024.

What is the market cap of IDEX Corporation (IEX)?

The market cap of IDEX Corporation (IEX) is approximately 17.1B.

What does IDEX Corporation do?

IDEX manufactures essential components like pumps, flow meters, and valves for industries such as industrial, fire and safety, life sciences, and water management.

Where is IDEX Corporation headquartered?

IDEX Corporation is headquartered in Lake Forest, Illinois.

How many employees does IDEX have?

IDEX employs over 7,000 people.

What are the main business segments of IDEX?

IDEX operates through three segments: Fluid and Metering Technologies, Health and Science Technologies, and Fire and Safety and Diversified Products.

How much revenue did IDEX generate in 2023?

IDEX generated $3.3 billion in revenue in 2023.

What recent acquisition has IDEX made?

IDEX recently acquired STC Material Solutions, an advanced materials manufacturer.

What is the significance of IDEX's products in everyday life?

IDEX's products are essential in various applications, from vehicle safety (Band-It® clamp) to emergency response (Hurst Jaws of Life®) and medical diagnostics.

How long has IDEX been in business?

IDEX was founded in 1988.

How many businesses does IDEX operate?

IDEX currently operates over 50 businesses worldwide.

Where can I find more information about IDEX?

More information about IDEX can be found on their official website at www.idexcorp.com.

IDEX Corporation

NYSE:IEX

IEX Rankings

IEX Stock Data

17.12B
75.57M
0.2%
102.51%
1.65%
Specialty Industrial Machinery
Pumps & Pumping Equipment
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United States of America
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