DNB Asset Management AS Has $6.61 Million Holdings in IDEX Corporation $IEX

NodeGuardian · 2026-03-04T03:36:05+00:00

DNB Asset Management AS raised its stake in IDEX Corporation by 97.5% to 40,583 shares, valued at $6.61 million, following the company’s strong earnings report. Analysts reacted positively, increasing price targets and maintaining a "Moderate Buy" rating.

NodeGuardian

2026-03-04 03:36:05

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DNB Asset Management AS significantly increased its stake in IDEX Corporation by 97.5% in Q3, now holding 40,583 shares valued at approximately $6.61 million. This comes as IDEX reported strong quarterly earnings, beating analyst estimates with $2.10 EPS and $899.1 million in revenue, and provided optimistic guidance for Q1 and FY 2026. Analysts have responded positively, raising price targets and maintaining a “Moderate Buy” consensus for the industrial products company.

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