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Thrivent Financial for Lutherans Decreases Stock Position in IDEX Corporation $IEX
Thrivent Financial for Lutherans significantly reduced its stake in IDEX Corporation (NYSE:IEX) by 81.2% in Q3, selling over 37,000 shares. Despite this, other major institutional investors like Nordea Investment Management and Norges Bank substantially increased their holdings, leading to institutional ownership of 97.96%. IDEX recently surpassed Q3 earnings and revenue estimates and received a “Moderate Buy” consensus rating from analysts, with an average target price of $228.22.