William Blair Forecasts Higher Earnings for SPX Technologies

SPX Technologies, Inc. (NYSE:SPXC) – Equities researchers at William Blair raised their Q3 2025 earnings per share (EPS) estimates for SPX Technologies in a report issued on Wednesday, February 26th. William Blair analyst R. Sparenblek now forecasts that the company will post earnings of $1.57 per share for the quarter, up from their prior forecast of $1.50. The consensus estimate for SPX Technologies’ current full-year earnings is $5.57 per share. William Blair also issued estimates for SPX Technologies’ Q4 2025 earnings at $1.88 EPS and FY2026 earnings at $7.10 EPS.

A number of other brokerages have also issued reports on SPXC. Wolfe Research started coverage on SPX Technologies in a research note on Monday, November 25th. They issued an “outperform” rating and a $199.00 price target on the stock. Sidoti upgraded SPX Technologies from a “neutral” rating to a “buy” rating in a research report on Wednesday. Oppenheimer upgraded 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. Finally, UBS Group reduced their price objective on SPX Technologies from $164.00 to $160.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $174.75.

SPX Technologies Stock Performance

Shares of NYSE:SPXC opened at $144.00 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 business’s 50 day moving average price is $147.11 and its 200-day moving average price is $155.43. The firm has a market capitalization of $6.68 billion, a PE ratio of 38.71, a P/E/G ratio of 1.33 and a beta of 1.29. SPX Technologies has a 1 year low of $112.53 and a 1 year high of $183.83.

Institutional Investors Weigh In On SPX Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SPXC. Allworth Financial LP raised its position in SPX Technologies by 123.3% in the fourth quarter. Allworth Financial LP now owns 163 shares of the company’s stock valued at $25,000 after purchasing an additional 90 shares during the period. Empowered Funds LLC purchased a new stake in SPX Technologies in the fourth quarter valued at $27,000. Skandinaviska Enskilda Banken AB publ raised its position in SPX Technologies by 2,055.6% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 194 shares of the company’s stock valued at $28,000 after purchasing an additional 185 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in SPX Technologies by 377.5% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 191 shares of the company’s stock valued at $29,000 after purchasing an additional 151 shares during the period. Finally, Spire Wealth Management purchased a new stake in SPX Technologies in the fourth quarter valued at $57,000. Hedge funds and other institutional investors own 92.82% of the company’s stock.

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.