William Blair Issues Positive Estimate for SPXC Earnings

SPX Technologies, Inc. (NYSE:SPXC) – Equities researchers at William Blair upped their Q3 2025 EPS estimates for SPX Technologies in a report issued on Wednesday, February 26th. William Blair analyst R. Sparenblek now anticipates that the company will post earnings per share of $1.57 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.

SPXC has been the topic of a number of other research reports. Wolfe Research started coverage on shares of SPX Technologies in a report on Monday, November 25th. They issued an “outperform” rating and a $199.00 price target on the stock. Sidoti upgraded shares of SPX Technologies from a “neutral” rating to a “buy” rating in a report on Wednesday. UBS Group decreased their price target on shares of SPX Technologies from $164.00 to $160.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. 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 report on Wednesday. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $174.75.

SPX Technologies Stock Up 11.4 %

Shares of SPXC opened at $151.83 on Thursday. The firm has a market cap of $7.04 billion, a PE ratio of 40.81, a price-to-earnings-growth ratio of 1.33 and a beta of 1.29. The company’s fifty day moving average is $147.09 and its two-hundred day moving average is $155.51. SPX Technologies has a fifty-two week low of $110.61 and a fifty-two week high of $183.83. The company has a quick ratio of 1.19, a current ratio of 1.85 and a debt-to-equity ratio of 0.49.

Institutional Investors Weigh In On SPX Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Armis Advisers LLC purchased a new stake in SPX Technologies during the 4th quarter worth $319,000. Palisades Investment Partners LLC increased its stake in SPX Technologies by 9.9% during the 4th quarter. Palisades Investment Partners LLC now owns 112,097 shares of the company’s stock worth $16,312,000 after buying an additional 10,109 shares during the period. Twinbeech Capital LP purchased a new stake in SPX Technologies during the 4th quarter worth $1,931,000. Two Sigma Investments LP increased its position in shares of SPX Technologies by 90.8% in the 4th quarter. Two Sigma Investments LP now owns 13,607 shares of the company’s stock worth $1,980,000 after purchasing an additional 6,475 shares during the last quarter. Finally, Tidal Investments LLC increased its position in shares of SPX Technologies by 10.2% in the 4th quarter. Tidal Investments LLC now owns 3,336 shares of the company’s stock worth $485,000 after purchasing an additional 310 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.