Seaport Res Ptn Has Negative Estimate for SPXC Q1 Earnings

SPX Technologies, Inc. (NYSE:SPXC - Free Report) - Analysts at Seaport Res Ptn lowered their Q1 2026 EPS estimates for shares of SPX Technologies in a research report issued to clients and investors on Thursday, April 17th. Seaport Res Ptn analyst W. Liptak now forecasts that the company will post earnings of $1.35 per share for the quarter, down from their prior estimate of $1.38. 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 2026 earnings at $2.06 EPS.

A number of other equities research analysts have also recently issued reports on the company. UBS Group lowered their price objective on SPX Technologies from $164.00 to $160.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 7th. Sidoti raised shares of SPX Technologies from a "neutral" rating to a "buy" rating in a research report on Wednesday, February 26th. Finally, Oppenheimer upgraded shares of SPX Technologies from a "market perform" rating to an "outperform" rating and set a $165.00 price target on the stock in a research note on Wednesday, February 26th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $174.75.

SPX Technologies Stock Performance

Shares of SPXC traded up $2.73 during mid-day trading on Friday, hitting $129.36. The stock had a trading volume of 108,432 shares, compared to its average volume of 278,622. SPX Technologies has a 52 week low of $115.00 and a 52 week high of $183.83. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.85 and a quick ratio of 1.19. The business has a fifty day moving average price of $135.01 and a 200-day moving average price of $149.27. The firm has a market cap of $6.05 billion, a P/E ratio of 34.77, a PEG ratio of 1.33 and a beta of 1.22.

Institutional Trading of SPX Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Allworth Financial LP increased its holdings in shares of SPX Technologies by 123.3% in the fourth quarter. Allworth Financial LP now owns 163 shares of the company's stock worth $25,000 after purchasing an additional 90 shares during the period. Empowered Funds LLC purchased a new stake in shares of SPX Technologies in the 4th quarter valued at about $27,000. NBC Securities Inc. bought a new stake in shares of SPX Technologies during the 1st quarter valued at about $27,000. Skandinaviska Enskilda Banken AB publ grew its holdings in shares of SPX Technologies by 2,055.6% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 194 shares of the company's stock worth $28,000 after purchasing an additional 185 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of SPX Technologies by 377.5% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 191 shares of the company's stock worth $29,000 after purchasing an additional 151 shares in the last quarter. Institutional investors own 92.82% of the company's stock.

SPX Technologies Company Profile

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.