Seaport Res Ptn Has Positive Forecast for SPXC Q2 Earnings

SPX Technologies, Inc. (NYSE:SPXC - Free Report) - Analysts at Seaport Res Ptn lifted their Q2 2025 EPS estimates for shares of SPX Technologies in a report released on Wednesday, February 26th. Seaport Res Ptn analyst W. Liptak now expects that the company will post earnings per share of $1.54 for the quarter, up from their prior estimate of $1.47. The consensus estimate for SPX Technologies' current full-year earnings is $5.57 per share. Seaport Res Ptn also issued estimates for SPX Technologies' Q4 2025 earnings at $1.85 EPS.

Several other research firms have also recently weighed in on SPXC. Sidoti upgraded SPX Technologies from a "neutral" rating to a "buy" rating in a research note on Wednesday, February 26th. Wolfe Research began coverage on shares of SPX Technologies in a research report on Monday, November 25th. They set an "outperform" rating and a $199.00 price objective for the company. Oppenheimer raised shares of SPX Technologies from a "market perform" rating to an "outperform" rating and set a $165.00 target price on the stock in a research report on Wednesday, February 26th. Finally, UBS Group cut their price target on shares of SPX Technologies from $164.00 to $160.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 7th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $174.75.

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SPX Technologies Stock Down 0.8 %

Shares of NYSE:SPXC traded down $1.13 on Friday, hitting $137.47. 322,228 shares of the company's stock were exchanged, compared to its average volume of 319,406. SPX Technologies has a 1-year low of $112.53 and a 1-year high of $183.83. The company has a market capitalization of $6.37 billion, a PE ratio of 36.95, a P/E/G ratio of 1.33 and a beta of 1.29. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.19 and a current ratio of 1.85. The firm's 50-day moving average is $147.01 and its 200 day moving average is $155.39.

Institutional Trading of SPX Technologies

Institutional investors and hedge funds have recently bought and sold shares of the business. Mutual of America Capital Management LLC boosted its stake in shares of SPX Technologies by 212.5% during the third quarter. Mutual of America Capital Management LLC now owns 23,744 shares of the company's stock worth $3,786,000 after buying an additional 16,145 shares during the period. Barclays PLC lifted its position in SPX Technologies by 299.0% during the 3rd quarter. Barclays PLC now owns 84,567 shares of the company's stock worth $13,485,000 after acquiring an additional 63,373 shares during the period. Geode Capital Management LLC grew its stake in shares of SPX Technologies by 0.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,033,825 shares of the company's stock valued at $164,888,000 after purchasing an additional 8,916 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of SPX Technologies by 5.0% in the fourth quarter. Nordea Investment Management AB now owns 365,583 shares of the company's stock valued at $53,203,000 after purchasing an additional 17,324 shares during the period. Finally, Corsair Capital Management L.P. raised its stake in shares of SPX Technologies by 80,185.2% during the third quarter. Corsair Capital Management L.P. now owns 114,005 shares of the company's stock worth $18,179,000 after purchasing an additional 113,863 shares during the last quarter. Hedge funds and other institutional investors own 92.82% of the company's stock.

About SPX Technologies

SPX Technologies, Inc supplies infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets worldwide. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services package and process cooling products and engineered air movement solutions for the HVAC industrial and power generation markets, as well as boilers, heating, and ventilation products for the residential and commercial markets.