IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

Recent Updates — IEX

September 3, 2026View Source ↗

IDEX Corporation amended and restated its credit agreement on September 3, 2026, extending the maturity of its $800 million revolving credit facility to September 3, 2031. The facility includes provisions for up to $100 million in letters of credit and $50 million in swingline loans, with an option to increase commitments by up to $400 million. Proceeds are designated for working capital, general corporate purposes, and refinancing existing debt. This financing arrangement supports the company's operations as a diversified manufacturer of precision instruments and components.

August 17, 2026View Source ↗

On August 13, 2026, L. Paris Watts-Stanfield resigned from the Board of Directors of IDEX Corporation, effective immediately. The resignation was not due to any disagreement with the Company regarding its operations, policies, or practices. Consequently, the size of the Board was reduced from ten to nine directors. IDEX Corporation operates in the diversified industrial sector, designing and manufacturing precision fluid handling, measurement, and control technologies.

July 29, 2026View Source ↗

IDEX Corporation reported second quarter 2026 financial results on July 29, 2026, achieving record net sales of $921 million, a 5% organic increase, and record orders exceeding $1 billion. Reported diluted EPS rose 11% to $1.93, while adjusted diluted EPS increased 12% to $2.32. The company raised its full-year guidance, projecting organic sales growth of 5% to 6% and adjusted diluted EPS between $8.70 and $8.85. IDEX returned $131 million to shareholders through $77 million in share repurchases and $54 million in dividends during the quarter. IDEX Corporation is a global engineered products company operating across Health & Science Technologies, Fluid & Metering Technologies, and Fire & Safety/Diversified Products segments.

May 8, 2026View Source ↗

IDEX Corporation held its Annual Meeting of Stockholders on May 6, 2026, electing four Class I directors and ratifying Deloitte & Touche LLP as the independent auditor with 58,038,340 affirmative votes. Shareholders also approved executive compensation on an advisory basis with 58,071,019 affirmative votes.

April 29, 2026View Source ↗

IDEX Corporation issued a press release on April 29, 2026, announcing its quarterly financial results for the period ended March 31, 2026. No specific financial figures were disclosed within the text of this filing.

February 9, 2026View Source ↗

IDEX Corporation announced the elimination of the Senior Vice President and Chief Strategy and Innovation Officer position, effective February 28, 2026. This change results in the departure of Roopa Unnikrishnan, whose separation will be governed by the terms of a prior agreement for termination without cause.