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M&T Bank Corp Purchases 93,114 Shares of IDEX Corporation $IEX
M&T Bank Corp significantly increased its stake in IDEX Corporation, purchasing 93,114 shares to now hold 100,099 shares valued at $17.8 million. Despite mixed analyst sentiment and concerns about IDEX’s valuation, the company recently beat Q4 earnings estimates and provided positive guidance for Q1 and FY2026. The stock is currently rated as a “Moderate Buy” with a consensus price target of $228.90.