IDEX Corporation shares have risen 18.3% over the past three months, more than double the 9.5% gain of the State Street Industrial Select Sector SPDR ETF. The stock is up 26.4% year to date, exceeding the ETF's 16.6% advance, and has gained 28.5% over the past 52 weeks compared to the ETF's 27.2% return. Shares jumped 5.8% on April 29 after the company reported first-quarter 2026 sales of $887 million and adjusted diluted earnings per share of $2, both above expectations, and raised its full-year organic sales growth guidance to 3% to 4% and adjusted EPS guidance to $8.35 to $8.55. Rival Eaton Corporation plc has returned 32.4% year to date, outpacing IDEX, but its 52-week return of nearly 26% trails IDEX's performance. Analysts have a consensus Moderate Buy rating on IDEX with a mean price target of $241.23, a 7.2% premium to current levels.
IDEX CorporationReported Q1 earnings beat and raised guidance, driving stock outperformance.
Eaton Corporation PLC