Blair William & Co. IL boosted its holdings in SPX Technologies, Inc. (NYSE:SPXC – Free Report) by 35.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,822 shares of the company’s stock after buying an additional 4,911 shares during the quarter. Blair William & Co. IL’s holdings in SPX Technologies were worth $2,675,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Fifth Third Bancorp raised its position in shares of SPX Technologies by 3.8% during the second quarter. Fifth Third Bancorp now owns 4,698 shares of the company’s stock worth $668,000 after purchasing an additional 174 shares during the period. UMB Bank n.a. lifted its stake in SPX Technologies by 965.0% during the second quarter. UMB Bank n.a. now owns 213 shares of the company’s stock valued at $30,000 after buying an additional 193 shares in the last quarter. Crewe Advisors LLC purchased a new stake in SPX Technologies during the second quarter valued at about $28,000. US Bancorp DE boosted its holdings in shares of SPX Technologies by 3.3% in the fourth quarter. US Bancorp DE now owns 7,254 shares of the company’s stock worth $733,000 after buying an additional 232 shares during the period. Finally, GAMMA Investing LLC raised its holdings in shares of SPX Technologies by 122.6% during the second quarter. GAMMA Investing LLC now owns 423 shares of the company’s stock valued at $60,000 after acquiring an additional 233 shares during the period. Institutional investors and hedge funds own 92.82% of the company’s stock.
SPX Technologies Stock Performance
Shares of SPXC opened at $162.57 on Monday. SPX Technologies, Inc. has a 52 week low of $77.84 and a 52 week high of $165.13. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 1.28. The company has a market capitalization of $7.52 billion, a PE ratio of 79.30, a PEG ratio of 1.54 and a beta of 1.22. The company’s 50 day moving average price is $151.13 and its 200 day moving average price is $138.12.
Wall Street Analysts Forecast Growth
Separately, Oppenheimer lowered SPX Technologies from an “outperform” rating to a “market perform” rating in a report on Thursday, July 18th.
Get Our Latest Report on SPX Technologies
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.
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