Sohn & Co. Raises Bet on IDEX Corporation (IEX)

IDEX Corporation (NYSE:IEX) is among the undervalued wide moat stocks to buy now. Metzler seel. Sohn & Co. AG boosted its position in IDEX Corporation (NYSE:IEX) by 69.2% with the purchase of 2,548 shares during the quarter. With holdings worth $1,127,000, the bank owns 6,228 shares of the company’s stock.

Two things the company is no stranger to are growth and value. With its diversified business model that produces niche yet crucial industrial components, IDEX Corporation (NYSE:IEX) remains a top-notch wide-moat industrial business, delivering growth and cash flow even amid today’s market volatility.

For a client to walk away from IDEX Corporation (NYSE:IEX), it takes more than a sudden change of mind. The substitution process would demand significant capital and time, which may not be entirely realistic, as IDEX offers what very few do. Additionally, the company has adopted an impressive M&A strategy that enables it to integrate skills and knowledge into its processes.

IDEX Corporation (NYSE:IEX) is an Illinois-based provider of applied solutions operating through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). Incorporated in 1987, the company is committed to offering trusted solutions.

While we acknowledge the potential of IEX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.