Seaport Res Ptn Analysts Reduce Earnings Estimates for SPXC

SPX Technologies, Inc. (NYSE:SPXC) – Research analysts at Seaport Res Ptn lowered their Q1 2025 EPS estimates for shares of SPX Technologies in a report released on Wednesday, February 26th. Seaport Res Ptn analyst W. Liptak now expects that the company will post earnings per share of $1.19 for the quarter, down from their prior forecast of $1.27. The consensus estimate for SPX Technologies’ current full-year earnings is $5.57 per share. Seaport Res Ptn also issued estimates for SPX Technologies’ Q3 2025 earnings at $1.58 EPS, Q1 2026 earnings at $1.38 EPS, Q2 2026 earnings at $1.71 EPS, Q3 2026 earnings at $1.76 EPS, Q4 2026 earnings at $2.02 EPS and FY2026 earnings at $6.87 EPS.

Other research analysts also recently issued reports about the stock. 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. Wolfe Research initiated coverage on shares of SPX Technologies in a research report on Monday, November 25th. They set an “outperform” rating and a $199.00 price objective on the stock. Sidoti raised shares of SPX Technologies from a “neutral” rating to a “buy” rating in a research report on Wednesday. Finally, Oppenheimer raised shares of 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 company. According to MarketBeat, SPX Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $174.75.

SPX Technologies Trading Up 1.1 %

NYSE SPXC opened at $145.55 on Thursday. 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 firm’s fifty day moving average price is $147.15 and its 200 day moving average price is $155.41. The company has a market capitalization 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. SPX Technologies has a 12 month low of $112.53 and a 12 month high of $183.83.

Institutional Trading of SPX Technologies

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