William Blair Expects Stronger Earnings for SPX Technologies

SPX Technologies, Inc. (NYSE:SPXC) – Analysts at William Blair raised their Q3 2025 earnings per share estimates for SPX Technologies in a report released on Wednesday, February 26th. William Blair analyst R. Sparenblek now expects that the company will post earnings per share of $1.57 for the quarter, up from their previous 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 several other reports. Sidoti raised SPX Technologies from a “neutral” rating to a “buy” rating in a research report on Wednesday. Wolfe Research began coverage on SPX Technologies in a research report on Monday, November 25th. They issued an “outperform” rating and a $199.00 target price on the stock. UBS Group dropped their target price on SPX Technologies from $164.00 to $160.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Finally, Oppenheimer raised SPX Technologies from a “market perform” rating to an “outperform” rating and set a $165.00 price objective on the stock in a research report on Wednesday. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $174.75.

SPX Technologies Trading Up 1.1 %

Shares of NYSE:SPXC opened at $145.55 on Thursday. The stock has a market capitalization of $6.75 billion, a price-to-earnings ratio of 39.13, a PEG 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 stock’s 50-day simple moving average is $147.15 and its two-hundred day simple moving average is $155.41. SPX Technologies has a 52-week low of $112.53 and a 52-week high of $183.83.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Private Advisor Group LLC lifted its position in shares of SPX Technologies by 1.0% during the 4th quarter. Private Advisor Group LLC now owns 6,921 shares of the company’s stock valued at $1,007,000 after buying an additional 68 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of SPX Technologies by 1.6% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 4,342 shares of the company’s stock valued at $632,000 after buying an additional 68 shares in the last quarter. CIBC Asset Management Inc raised its stake in SPX Technologies by 5.6% during the 4th quarter. CIBC Asset Management Inc now owns 1,383 shares of the company’s stock valued at $201,000 after purchasing an additional 73 shares during the period. Assetmark Inc. raised its stake in SPX Technologies by 4.7% during the 3rd quarter. Assetmark Inc. now owns 1,745 shares of the company’s stock valued at $278,000 after purchasing an additional 78 shares during the period. Finally, Bank of Montreal Can raised its stake in SPX Technologies by 1.3% during the 4th quarter. Bank of Montreal Can now owns 6,316 shares of the company’s stock valued at $919,000 after purchasing an additional 78 shares during the period. 92.82% of the stock is owned by hedge funds and other 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.