Seaport Res Ptn Issues Negative Estimate for SPXC Earnings

SPX Technologies, Inc. (NYSE:SPXC) – Equities researchers at Seaport Res Ptn dropped their Q1 2026 EPS estimates for SPX Technologies in a note issued to investors on Thursday, April 17th. Seaport Res Ptn analyst W. Liptak now expects that the company will post earnings of $1.35 per share for the quarter, down from their prior forecast 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.

Several other brokerages also recently issued reports on SPXC. Sidoti upgraded SPX Technologies from a “neutral” rating to a “buy” rating in a report on Wednesday, February 26th. 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 report on Tuesday, January 7th. Finally, Oppenheimer upgraded SPX Technologies from a “market perform” rating to an “outperform” rating and set a $165.00 price target for the company in a report on Wednesday, February 26th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, SPX Technologies has an average rating of “Moderate Buy” and a consensus target price of $174.75.

SPX Technologies Stock Performance

Shares of SPXC stock opened at $128.21 on Friday. The company has a current ratio of 1.85, a quick ratio of 1.19 and a debt-to-equity ratio of 0.49. The company has a market cap of $6.00 billion, a PE ratio of 34.46, a P/E/G ratio of 1.33 and a beta of 1.22. The company’s fifty day simple moving average is $136.02 and its 200-day simple moving average is $149.82. SPX Technologies has a 52 week low of $115.00 and a 52 week high of $183.83.

Institutional Trading of SPX Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Norges Bank acquired a new stake in SPX Technologies during the 4th quarter valued at approximately $93,038,000. JPMorgan Chase & Co. raised its holdings in SPX Technologies by 666.7% in the third quarter. JPMorgan Chase & Co. now owns 590,552 shares of the company’s stock valued at $94,169,000 after acquiring an additional 513,526 shares in the last quarter. Raymond James Financial Inc. bought a new position in SPX Technologies during the 4th quarter valued at $32,337,000. First Trust Advisors LP increased its position in shares of SPX Technologies by 54.5% in the 4th quarter. First Trust Advisors LP now owns 553,320 shares of the company’s stock worth $80,519,000 after purchasing an additional 195,153 shares during the last quarter. Finally, Conestoga Capital Advisors LLC raised its stake in shares of SPX Technologies by 25.6% in the 4th quarter. Conestoga Capital Advisors LLC now owns 787,795 shares of the company’s stock valued at $114,640,000 after purchasing an additional 160,535 shares in the last quarter. 92.82% of the stock is 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.