<div id="readability-page-1"><p>Shares of SPX Technologies, Inc. (NYSE:SPXC - Get Free Report) have earned a consensus rating of &#34;Moderate Buy&#34; from the ten brokerages that are  covering the stock, MarketBeat.com reports. One investment analyst  has rated the stock with a hold rating and nine have issued  a buy rating on  the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $249.4444.</p><div><p><span></span><span>Get <strong>SPX Technologies</strong> alerts:</span></p></div><ul><li>This ETF Weeds Out Small-Cap Underperformers</li></ul><p>SPXC has been the subject of a number of recent research reports. Bank of America upgraded shares of SPX Technologies from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and increased their target price for the company from $240.00 to $280.00 in a research report on Friday, February 13th. Truist Financial raised their price objective on shares of SPX Technologies from $251.00 to $261.00 and gave the stock a &#34;buy&#34; rating in a research report on Monday, May 4th. Oppenheimer raised their price objective on shares of SPX Technologies from $240.00 to $272.00 and gave the stock an &#34;outperform&#34; rating in a research report on Wednesday, February 25th. JPMorgan Chase &amp; Co. raised their price objective on shares of SPX Technologies from $260.00 to $270.00 and gave the stock an &#34;overweight&#34; rating in a research report on Wednesday, May 6th. Finally, Wells Fargo &amp; Company raised their price objective on shares of SPX Technologies from $225.00 to $240.00 and gave the stock an &#34;overweight&#34; rating in a research report on Friday, May 1st.</p><p><b>View Our Latest Research Report on SPX Technologies</b></p><h2>SPX Technologies Price Performance</h2><ul><li>Stock Rotation is Underway: Here are the Winners Moving Forward</li></ul><p>Shares of NYSE SPXC opened at $202.92 on Monday. The firm has a 50-day simple moving average of $210.51 and a 200-day simple moving average of $212.47. The stock has a market capitalization of $10.18 billion, a price-to-earnings ratio of 39.71, a price-to-earnings-growth ratio of 1.49 and a beta of 1.31. The company has a quick ratio of 1.39, a current ratio of 2.11 and a debt-to-equity ratio of 0.28. SPX Technologies has a 52 week low of $147.39 and a 52 week high of $246.68. </p><p>SPX Technologies (NYSE:SPXC - Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported $1.69 EPS for the quarter, beating analysts' consensus estimates of $1.55 by $0.14. The business had revenue of $566.80 million during the quarter, compared to analysts' expectations of $557.62 million. SPX Technologies had a net margin of 10.76% and a return on equity of 16.98%. The company's quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.38 earnings per share. SPX Technologies has set its FY 2026 guidance at 7.750-8.150 EPS.  On average, equities analysts predict that  SPX Technologies will post 7.97 earnings per share for the current fiscal year. </p><h2>Institutional Investors Weigh In On SPX Technologies</h2><p>Several hedge funds and other institutional investors have recently bought and sold shares of SPXC. Hazlett Burt &amp; Watson Inc. acquired a new stake in  SPX Technologies during the third quarter worth about $28,000.  Cullen Frost Bankers Inc. boosted its stake in  SPX Technologies by 52.9% during the third quarter. Cullen Frost Bankers Inc. now owns 156 shares of the company's stock worth $29,000 after buying an additional 54 shares during the period.  Optiver Holding B.V. boosted its stake in  SPX Technologies by 110.5% during the third quarter. Optiver Holding B.V. now owns 160 shares of the company's stock worth $30,000 after buying an additional 84 shares during the period.  Ares Financial Consulting LLC purchased a new position in  SPX Technologies during the fourth quarter worth about $37,000.  Finally, Flagship Harbor Advisors LLC purchased a new position in  SPX Technologies during the fourth quarter worth about $40,000. 92.82% of the stock is currently owned by institutional investors and hedge funds. </p><h2>About SPX Technologies</h2> (Get Free Report)<p>SPX Technologies <span>NYSE: SPXC<span></span></span> is a diversified global supplier of highly engineered products and solutions serving industrial, municipal, energy and utility markets. The company designs, manufactures and supports a broad range of equipment that helps customers monitor, control and manage critical processes in water distribution, power generation, HVAC, refrigeration and industrial applications.  </p><p>The company's Detection &amp; Measurement Technologies segment offers leak detection systems, pipe and asset assessment tools, fluid flow measurement devices, gas detection equipment and related services.</p><h2>See Also</h2><ul><li>Five stocks we like better than SPX Technologies</li><li>Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum</li><li>Quantum Earnings Season Is Ramping Up—What to Watch From 2 Major Players</li><li>Flutter Sees Post-Earnings Boost as FanDuel Shows Signs of Recovery</li><li>3 Healthcare Stocks Set to Benefit From the One Big Beautiful Bill</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNQWEM?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNQWEM"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in SPX Technologies Right Now?</h2><p>Before you consider SPX Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SPX Technologies wasn't on the list.</p><p>While SPX Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SPXC

<p>SPX Technologies, Inc. (NYSE:SPXC) has received a consensus rating of "Moderate Buy" from ten brokerages. One analyst rated it as hold, while nine issued buy ratings. The average one-year price target is $249.44. Recent upgrades include Bank of America raising its target from $240 to $280, and JPMorgan from $260 to $270. SPXC shares opened at $202.92, with a market cap of $10.18 billion. The company reported $1.69 EPS for the last quarter, exceeding estimates, and has set FY 2026 guidance at 7.750-8.150 EPS. 92.82% of shares are held by institutional investors.</p>

Market Beat

SPX Technologies

Bank of America

Truist Financial

Oppenheimer

JPMorgan Chase

Wells Fargo

Cullen Frost Bankers

ARES Management LP

Harbor Custom Dev Pref Share HCDIP 8 Perp 06/09/24

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

ARES MANAGEMENT CORPORATION 6.75% MAN PFD CONV SER B

HARBOR CUSTOM DEVELOPMENT INC

SPX Technologies, Inc. (NYSE:SPXC) Given Consensus Rating of "Moderate Buy" by Brokerages