SPXC icon

SPX Corp

192.05 USD
+3.10
1.64%
At close Aug 26, 4:00 PM EDT
After hours
192.05
+0.00
0.00%
1 day
1.64%
5 days
2.55%
1 month
6.45%
3 months
24.79%
6 months
27.01%
Year to date
31.41%
1 year
21.30%
5 years
355.42%
10 years
1,291.67%
 

About: SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company through two reportable segments. The HVAC segment which generates the majority of the revenue for the company, designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The detection and measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. Geographically, the company has its operations in the United States, Canada, China, the United Kingdom, and Others.

Employees: 4,300

0
Funds holding %
of 7,434 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 4 (+2) [Q2]

35% more capital invested

Capital invested by funds: $5.49B [Q1] → $7.39B (+$1.9B) [Q2]

2.48% more ownership

Funds ownership: 91.85% [Q1] → 94.32% (+2.48%) [Q2]

4% more repeat investments, than reductions

Existing positions increased: 138 | Existing positions reduced: 133

5% less funds holding

Funds holding: 398 [Q1] → 378 (-20) [Q2]

19% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 64

20% less call options, than puts

Call options by funds: $1.27M | Put options by funds: $1.59M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$197
3%
upside
Avg. target
$204
6%
upside
High target
$210
9%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
UBS
Damian Karas
9%upside
$210
Buy
Maintained
1 Aug 2025
Oppenheimer
Bryan Blair
3%upside
$197
Outperform
Maintained
8 Jul 2025

Financial journalist opinion

Based on 12 articles about SPXC published over the past 30 days

Neutral
Seeking Alpha
6 days ago
SPX Technologies: The Benefits, Costs, And Risks Of Its Global Strategy
SPX Technologies' global expansion has accelerated growth, diversified supply chains, and opened new opportunities. It now generates nearly 20% of revenues outside the U.S. Acquisitions in Canada and the U.K. and exposure to high-growth markets like China position SPX for faster growth versus mature economies. Currency fluctuations, tariffs, and regulatory complexities pose risks, but so far they have been minimal.
SPX Technologies: The Benefits, Costs, And Risks Of Its Global Strategy
Neutral
GlobeNewsWire
2 weeks ago
SPX Announces Pricing of Public Offering of Common Stock
CHARLOTTE, N.C., Aug. 12, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”) announced today the pricing of an underwritten public offering of 2,659,575 shares of its common stock at a public offering price of $188.00 per share. The gross proceeds to SPX from the offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be approximately $500.0 million. All shares in the offering are to be sold by SPX. In addition, SPX has granted the underwriters a 30-day option to purchase up to an additional 398,936 shares of its common stock offered in the public offering. The offering is expected to close on or about August 14, 2025, subject to customary closing conditions.
SPX Announces Pricing of Public Offering of Common Stock
Neutral
GlobeNewsWire
2 weeks ago
SPX Announces Proposed Public Offering of Common Stock
CHARLOTTE, N.C., Aug. 11, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”) announced today that it intends to offer and sell $500 million of shares of its common stock in an underwritten public offering. In addition, SPX intends to grant the underwriters a 30-day option to purchase up to an additional $75 million of shares of its common stock offered in the public offering. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
SPX Announces Proposed Public Offering of Common Stock
Positive
Zacks Investment Research
2 weeks ago
Recent Price Trend in SPX Technologies (SPXC) is Your Friend, Here's Why
SPX Technologies (SPXC) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Recent Price Trend in SPX Technologies (SPXC) is Your Friend, Here's Why
Positive
Zacks Investment Research
2 weeks ago
Buy 5 Technology Services Stocks to Strengthen Your Portfolio
COHR, VMEO, SKIL, VNT and SPXC are five top tech service stocks that show strong growth potential as industry momentum builds into 2025.
Buy 5 Technology Services Stocks to Strengthen Your Portfolio
Positive
Zacks Investment Research
3 weeks ago
SPX Technologies, Inc. (SPXC) Hit a 52 Week High, Can the Run Continue?
SPX Technologies (SPXC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
SPX Technologies, Inc. (SPXC) Hit a 52 Week High, Can the Run Continue?
Neutral
The Motley Fool
3 weeks ago
SPX (SPXC) Q2 EPS Up 16 Revenue Up 10
SPX (SPXC) Q2 EPS Up 16 Revenue Up 10
SPX (SPXC) Q2 EPS Up 16 Revenue Up 10
Neutral
Seeking Alpha
3 weeks ago
SPX Technologies, Inc. (SPXC) Q2 2025 Earnings Call Transcript
SPX Technologies, Inc. (NYSE:SPXC ) Q2 2025 Earnings Conference Call July 31, 2025 4:45 PM ET Company Participants Eugene Joseph Lowe - President, CEO & Director Mark A. Carano - VP, CFO & Treasurer Conference Call Participants Bradley Thomas Hewitt - Wolfe Research, LLC Bryan Francis Blair - Oppenheimer & Co. Inc., Research Division Damian Mark Karas - UBS Investment Bank, Research Division Jeffrey Wallin Van Sinderen - B.
SPX Technologies, Inc. (SPXC) Q2 2025 Earnings Call Transcript
Positive
Zacks Investment Research
3 weeks ago
Compared to Estimates, SPX Technologies (SPXC) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for SPX Technologies (SPXC) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Compared to Estimates, SPX Technologies (SPXC) Q2 Earnings: A Look at Key Metrics
Positive
Zacks Investment Research
3 weeks ago
SPX Technologies (SPXC) Tops Q2 Earnings and Revenue Estimates
SPX Technologies (SPXC) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $1.42 per share a year ago.
SPX Technologies (SPXC) Tops Q2 Earnings and Revenue Estimates
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