Seaport Res Ptn Brokers Boost Earnings Estimates for SPXC

SPX Technologies, Inc. (NYSE:SPXC) – Seaport Res Ptn upped their Q2 2025 earnings estimates for shares of SPX Technologies in a research note issued on Wednesday, February 26th. Seaport Res Ptn analyst W. Liptak now anticipates that the company will earn $1.54 per share for the quarter, up from their prior forecast 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 also recently weighed in on SPXC. UBS Group dropped their target price on shares of SPX Technologies from $164.00 to $160.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. Sidoti raised shares of 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 shares of SPX Technologies in a report on Monday, November 25th. They set an “outperform” rating and a $199.00 price target for the company. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $174.75.

SPX Technologies Stock Performance

Shares of SPXC stock opened at $144.00 on Friday. The firm has a market capitalization of $6.68 billion, a price-to-earnings ratio of 38.71, a price-to-earnings-growth ratio of 1.33 and a beta of 1.29. The company has a 50 day moving average price of $147.11 and a 200 day moving average price of $155.43. SPX Technologies has a one year low of $112.53 and a one year high of $183.83. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.19 and a current ratio of 1.85.

Institutional Investors Weigh In On SPX Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of SPXC. Mutual of America Capital Management LLC grew its stake in shares of SPX Technologies by 212.5% in the 3rd quarter. Mutual of America Capital Management LLC now owns 23,744 shares of the company’s stock worth $3,786,000 after purchasing an additional 16,145 shares during the last quarter. Barclays PLC boosted its position in shares of SPX Technologies by 299.0% in the 3rd quarter. Barclays PLC now owns 84,567 shares of the company’s stock valued at $13,485,000 after purchasing an additional 63,373 shares during the period. Geode Capital Management LLC increased its stake in SPX Technologies by 0.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,033,825 shares of the company’s stock worth $164,888,000 after purchasing an additional 8,916 shares in the last quarter. Nordea Investment Management AB raised its holdings in SPX Technologies by 5.0% during the 4th quarter. Nordea Investment Management AB now owns 365,583 shares of the company’s stock worth $53,203,000 after buying an additional 17,324 shares during the period. Finally, Corsair Capital Management L.P. lifted its stake in 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 valued at $18,179,000 after buying an additional 113,863 shares in the last quarter. 92.82% of the stock is currently owned by institutional investors.

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.