William Blair Issues Positive Outlook for SPXC Earnings

SPX Technologies, Inc. (NYSE:SPXC - Free Report) - Research analysts at William Blair upped their Q3 2025 earnings estimates for SPX Technologies in a report released on Wednesday, February 26th. William Blair analyst R. Sparenblek now forecasts that the company will earn $1.57 per share for the quarter, up from their prior estimate of $1.50. The consensus estimate for SPX Technologies' current full-year earnings is $5.57 per share. William Blair also issued estimates for SPX Technologies' Q4 2025 earnings at $1.88 EPS and FY2026 earnings at $7.10 EPS.

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

SPX Technologies Stock Up 1.1 %

Shares of SPX Technologies stock traded up $1.61 during trading on Thursday, hitting $145.55. 574,180 shares of the stock were exchanged, compared to its average volume of 317,151. SPX Technologies has a 12-month low of $112.53 and a 12-month 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 stock has a market cap of $6.75 billion, a price-to-earnings ratio of 39.13, a price-to-earnings-growth ratio of 1.33 and a beta of 1.29. The firm's 50-day moving average price is $147.15 and its 200 day moving average price is $155.45.

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Institutional Investors Weigh In On SPX Technologies

A number of institutional investors have recently bought and sold shares of SPXC. Allworth Financial LP grew its holdings in shares of SPX Technologies by 123.3% during the 4th 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 SPX Technologies during the fourth quarter worth approximately $27,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of SPX Technologies by 377.5% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 191 shares of the company's stock worth $29,000 after acquiring an additional 151 shares in the last quarter. Skandinaviska Enskilda Banken AB publ raised its stake in shares of SPX Technologies by 2,055.6% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 194 shares of the company's stock valued at $28,000 after acquiring an additional 185 shares during the period. Finally, Covestor Ltd lifted its holdings in shares of SPX Technologies by 313.8% during the 4th quarter. Covestor Ltd now owns 389 shares of the company's stock valued at $57,000 after acquiring an additional 295 shares in the last quarter. 92.82% of the stock is currently owned by hedge funds and other institutional investors.

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.