Equities Analysts Offer Predictions for SPXC Q2 Earnings

SPX Technologies, Inc. (NYSE:SPXC - Free Report) - Equities research analysts at Seaport Res Ptn decreased their Q2 2025 earnings per share (EPS) estimates for SPX Technologies in a note issued to investors on Friday, May 2nd. Seaport Res Ptn analyst W. Liptak now anticipates that the company will post earnings per share of $1.49 for the quarter, down from their previous forecast of $1.51. 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 $1.61 EPS, Q4 2025 earnings at $1.89 EPS, FY2025 earnings at $6.38 EPS, Q2 2026 earnings at $1.64 EPS and Q3 2026 earnings at $1.75 EPS.

SPX Technologies (NYSE:SPXC - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $1.38 earnings per share for the quarter, topping analysts' consensus estimates of $1.16 by $0.22. The company had revenue of $482.60 million during the quarter, compared to the consensus estimate of $481.32 million. SPX Technologies had a return on equity of 19.70% and a net margin of 9.11%. SPX Technologies's quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.25 EPS.

Other analysts have also recently issued research reports about the company. Oppenheimer upgraded 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, February 26th. Sidoti upgraded SPX Technologies from a "neutral" rating to a "buy" rating in a research report on Wednesday, February 26th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $174.75.

SPX Technologies Trading Down 0.7 %

SPXC stock traded down $0.99 on Monday, reaching $148.37. The company's stock had a trading volume of 19,825 shares, compared to its average volume of 276,659. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.19 and a current ratio of 1.85. The business has a fifty day simple moving average of $133.81 and a two-hundred day simple moving average of $147.17. The firm has a market cap of $6.93 billion, a PE ratio of 39.88, a PEG ratio of 1.33 and a beta of 1.21. SPX Technologies has a 12-month low of $115.00 and a 12-month high of $183.83.

Institutional Trading of SPX Technologies

A number of institutional investors have recently made changes to their positions in the company. Blair William & Co. IL grew its holdings in shares of SPX Technologies by 21.6% during the first quarter. Blair William & Co. IL now owns 153,446 shares of the company's stock worth $19,761,000 after buying an additional 27,289 shares in the last quarter. Bayforest Capital Ltd raised its holdings in SPX Technologies by 241.2% in the 1st quarter. Bayforest Capital Ltd now owns 2,320 shares of the company's stock valued at $299,000 after acquiring an additional 1,640 shares during the last quarter. Eastern Bank acquired a new position in shares of SPX Technologies during the 1st quarter worth approximately $38,000. XTX Topco Ltd increased its stake in shares of SPX Technologies by 589.6% in the 1st quarter. XTX Topco Ltd now owns 16,384 shares of the company's stock worth $2,110,000 after acquiring an additional 14,008 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in SPX Technologies during the first quarter worth about $890,000. 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.