IDEX rises as AI demand lifts third-quarter profit and forecast

** Shares of industrial equipment maker IDEX IEX.N rise ~2% to $237.04 after Q3 results

** Co raises FY26 adj EPS forecast to $8.91-$8.96 from $8.70-$8.85; midpoint of $8.94 is above Street estimate of $8.82

** Co lifts FY26 organic sales growth view to 6.5%-6.8% from 5%-6%

** Q3 adjusted EPS of $2.33, up 15% y/y, beats analysts' avg est of $2.23

** Q3 sales of $951.7 mln, up 8% organically, vs est of $930.8 mln

** Orders of $991 mln, up 13% organically

** Health & Science Technologies organic sales up 13% on AI-driven demand for data center power and semiconductors

** Adjusted EBITDA margin up 50 bps to 27.8%

** Including session's moves, stock has risen ~33% YTD