Citigroup Inc. significantly increased its stake in IDEX Corporation, acquiring an additional 15,309 shares to reach a total of 114,638 shares, valued at approximately $18.66 million. This increase reflects growing institutional investor confidence, as several analysts also recently raised their price targets for IDEX, contributing to a “Moderate Buy” consensus rating. The company reported strong Q4 earnings, beating analyst expectations for both EPS and revenue, and provided positive guidance for Q1 and FY 2026.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Citigroup Inc. Increases Stock Position in IDEX Corporation $IEX
Citigroup Inc. significantly increased its stake in IDEX Corporation, acquiring an additional 15,309 shares to reach a total of 114,638 shares, valued at approximately $18.66 million. This increase reflects growing institutional investor confidence, as several analysts also recently raised their price targets for IDEX, contributing to a “Moderate Buy” consensus rating. The company reported strong Q4 earnings, beating analyst expectations for both EPS and revenue, and provided positive guidance for Q1 and FY 2026.