Seaport Res Ptn Has Negative Estimate for SPXC Q1 Earnings

SPX Technologies, Inc. (NYSE:SPXC) – Equities research analysts at Seaport Res Ptn cut their Q1 2025 EPS estimates for SPX Technologies in a note issued to investors on Wednesday, February 26th. Seaport Res Ptn analyst W. Liptak now anticipates that the company will post earnings per share of $1.19 for the quarter, down from their previous estimate 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.

A number of other equities analysts also recently weighed in on SPXC. Wolfe Research assumed coverage on shares of SPX Technologies in a research note on Monday, November 25th. They issued an “outperform” rating and a $199.00 price target on the stock. UBS Group lowered their target price on SPX Technologies from $164.00 to $160.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 7th. Sidoti raised SPX Technologies from a “neutral” rating to a “buy” rating in a research note on Wednesday. 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. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $174.75.

SPX Technologies Stock Up 11.4 %

SPX Technologies stock opened at $151.83 on Thursday. The firm’s 50 day moving average price is $147.09 and its two-hundred day moving average price is $155.51. The firm has a market cap of $7.04 billion, a PE ratio of 40.81, a P/E/G ratio of 1.33 and a beta of 1.29. SPX Technologies has a twelve month low of $110.61 and a twelve month 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.

Hedge Funds Weigh In On SPX Technologies

Several hedge funds have recently bought and sold shares of the business. Allworth Financial LP lifted its position in shares of SPX Technologies by 123.3% in the fourth quarter. Allworth Financial LP now owns 163 shares of the company’s stock worth $25,000 after buying an additional 90 shares during the last quarter. Empowered Funds LLC bought a new position in shares of SPX Technologies in the 4th quarter valued at approximately $27,000. Skandinaviska Enskilda Banken AB publ lifted its holdings in SPX Technologies by 2,055.6% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 194 shares of the company’s stock worth $28,000 after purchasing an additional 185 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in SPX Technologies by 377.5% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 191 shares of the company’s stock worth $29,000 after purchasing an additional 151 shares during the period. Finally, Spire Wealth Management bought a new stake in SPX Technologies during the fourth quarter worth approximately $57,000. 92.82% of the stock is owned by institutional investors and hedge funds.

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.