Atria Wealth Solutions Inc. Has $243,000 Stock Holdings in SPX Technologies, Inc. (NYSE:SPXC)

Atria Wealth Solutions Inc. boosted its stake in shares of SPX Technologies, Inc. (NYSE:SPXC) by 11.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,667 shares of the company’s stock after purchasing an additional 169 shares during the period. Atria Wealth Solutions Inc.’s holdings in SPX Technologies were worth $243,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Mutual of America Capital Management LLC boosted its position in SPX Technologies by 212.5% during the third quarter. Mutual of America Capital Management LLC now owns 23,744 shares of the company’s stock valued at $3,786,000 after purchasing an additional 16,145 shares during the last quarter. Barclays PLC boosted its position in SPX Technologies by 299.0% during the third quarter. Barclays PLC now owns 84,567 shares of the company’s stock valued at $13,485,000 after purchasing an additional 63,373 shares during the last quarter. Geode Capital Management LLC boosted its position in SPX Technologies by 0.9% during the third quarter. Geode Capital Management LLC now owns 1,033,825 shares of the company’s stock valued at $164,888,000 after purchasing an additional 8,916 shares during the last quarter. Nordea Investment Management AB boosted its position in SPX Technologies by 5.0% during the fourth quarter. Nordea Investment Management AB now owns 365,583 shares of the company’s stock valued at $53,203,000 after purchasing an additional 17,324 shares during the last quarter. Finally, Corsair Capital Management L.P. boosted its position in SPX Technologies by 80,185.2% during the third quarter. Corsair Capital Management L.P. now owns 114,005 shares of the company’s stock valued at $18,179,000 after purchasing an additional 113,863 shares during the last quarter. 92.82% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently commented on SPXC. Sidoti raised SPX Technologies from a “neutral” rating to a “buy” rating in a research report on Wednesday. Oppenheimer raised SPX Technologies from a “market perform” rating to an “outperform” rating and set a $165.00 price objective for the company in a research report on Wednesday. Wolfe Research assumed coverage on SPX Technologies in a research report on Monday, November 25th. They issued an “outperform” rating and a $199.00 price objective for the company. Finally, UBS Group cut their price objective on SPX Technologies from $164.00 to $160.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $174.75.

SPX Technologies Stock Performance

SPXC opened at $145.55 on Friday. The stock has a market cap of $6.75 billion, a price-to-earnings ratio of 39.13, a PEG ratio of 1.33 and a beta of 1.29. The business has a 50 day moving average of $147.15 and a 200-day moving average of $155.45. The company has a quick ratio of 1.19, a current ratio of 1.85 and a debt-to-equity ratio of 0.49. SPX Technologies, Inc. has a 12-month low of $112.53 and a 12-month high of $183.83.

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.