Inside the research
SPX Technologies, Inc.
SPXC Research profile · latest available data
Price overview
$172.79
▲ +0.31 (+0.2%)
| 52w hi | $246.41 |
|---|---|
| 52w lo | $172.48 |
| Vol | 561.50K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.22
| Short | -0.39 |
|---|---|
| Medium | -0.26 |
| Long | +0.20 |
computed 2026-09-27
Key fundamentals
SPX Technologies, Inc.
Industrials · Building Products & Equipment
| Market cap | $8.65B |
|---|---|
| Enterprise value | $9.10B |
| Trailing P/E | 30.42x |
| Forward P/E | 17.81x |
| EV / EBITDA | 17.45x |
| P / S (ttm) | 3.50x |
| Profit margin | 11.3% |
| Return on equity | 14.7% |
| Revenue growth | +22.9% |
| Earnings growth | +41.0% |
| Debt / equity | 26.18 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.37 | |
| Sector | -0.01 | |
| Technical | -0.32 | |
| Earnings | +0.00 | |
| Sentiment | +0.03 |
macro × 1.00 · 2026-09-27
Business overview
SPX Technologies, Inc. engages in the supply of engineered solutions serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets in the United States, Canada, China, the United Kingdom, and internationally. 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 and handling solutions for the industrial, institutional, and commercial HVAC markets, as well as hydronic and electrical heating and ventilation products for the residential, industrial, institutional, and commercial markets. It offers cooling products and engineered air movement and handling solutions under the Marley, Recold, SGS, Cincinnati Fan, TAMCO, Ingénia, Air Enterprises, and Rahn Industries brand names; hydronics and electrical heating and ventilation products under the under the Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, Sigma, Omega, Skypeak, Thermolec, Williamson-Thermoflo, INDEECO, Heatrex, AccuTherm, Brasch, Spectrum, BannerDay PipeHeating, and Solar Products brands. The Detection and Measurement segment offers underground pipe and cable locators, inspection and rehabilitation equipment, robotic systems under the Radiodetection, Pearpoint, Schonstedt, Dielectric, Cues, ULC Robotics, and Sensors & Software brands; transportation systems under the Genfare brand; communication technologies under the TCI, ECS, and KTS brands; and aids to navigation products under the Flash Technology, ITL, Sabik Marine, Sealite, and Avlite brands. The company markets its products through consumers, independent manufacturing representatives, third-party distributors, and retailers. The company was formerly known as SPX Corporation and changed its name to SPX Technologies, Inc. in August 2022. SPX Technologies, Inc. is headquartered in Charlotte, North Carolina.
Risk Metrics
| Beta vs SPX | 1.41 |
|---|---|
| Corr SPX | 0.57 |
| Annual vol | 39.6% |
| Annual ret | +10.8% |
| Sharpe | 0.27 |
| Max DD | -33.5% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $266.25 |
|---|---|
| High / Low | $310.00 / $225.00 |
| Median | $267.50 |
| Analysts | 12 |
| Strong Buy | 1 | |
|---|---|---|
| Buy | 10 | |
| Hold | 1 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-06 | JP Morgan | → Overweight |
| 2026-05-04 | Truist Securities | → Buy |
| 2026-05-01 | Wells Fargo | → Overweight |
| 2026-04-20 | Truist Securities | → Buy |
| 2026-04-01 | Wells Fargo | → Overweight |
| 2026-03-27 | Truist Securities | → Buy |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-30 | Earnings Release, Exhibits | read |
| 2026-07-27 | Officer / Director Change, Exhibits | read |
| 2026-06-22 | Officer / Director Change | read |
| 2026-05-12 | Shareholder Vote | read |
| 2026-04-30 | Earnings Release, Exhibits | read |
| 2026-02-24 | Earnings Release, Exhibits | read |
| 2026-02-02 | Officer / Director Change | read |
| 2025-10-30 | Earnings Release, Exhibits | read |
| 2025-09-11 | Material Agreement, Material Obligation… | read |
| 2025-08-14 | Other Material Event, Exhibits | read |
| 2025-07-31 | Earnings Release, Exhibits | read |
| 2025-05-13 | Shareholder Vote | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-10 | Toth Robert B | Director | Gift | 24.89K | — |
| 2026-05-12 | Willis Angel S | Director | Grant | 754 | — |
| 2026-05-12 | Utley Tana Leigh | Director | Grant | 754 | — |
| 2026-05-12 | Toth Robert B | Director | Grant | 754 | — |
| 2026-05-12 | SHAW RUTH G | Director | Grant | 754 | — |
| 2026-05-12 | Sethna Meenal | Director | Grant | 754 | — |
| 2026-05-12 | ROBERTS DAVID A | Director | Grant | 754 | — |
| 2026-05-12 | PUCKETT RICK D | Director | Grant | 754 | — |
| 2026-05-12 | OLEARY PATRICK J | Director | Grant | 754 | — |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 7 |
| Top-5 share | 98.5% |
| HHI | 3,454 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $381.66M | 1.56M |
| Fidelity / FMR LLC | $249.83M | 1.02M |
| Millennium Management | $58.60M | 239.00K |
| Capital Research / Capital World | $51.60M | 210.45K |
| Citadel Advisors | $36.32M | 148.13K |
| AQR Capital Management | $11.93M | 49.41K |
| T. Rowe Price Group | $114.34K | 466.37K |
As of 2026-06-30
Dividends
| Yield (TTM) | 0.00% |
|---|---|
| $ / share (TTM) | $0.00 |
| 5y CAGR | -5.6% |
Annual dividend per share
| 2010 | $0.25 |
|---|---|
| 2011 | $0.25 |
| 2012 | $0.25 |
| 2013 | $0.25 |
| 2014 | $0.38 |
| 2015 | $0.19 |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $1.74B | -6.2% | |
| Gross profit | $95.80M | -12.3% | |
| Operating income | $308.30M | -3.2% | |
| Net income | $244.00M | +17.0% | |
| Cash from ops | $208.50M | -5.3% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $173.43 | $176.14 | $171.68 | $172.79 | 561.50K |
| Sep 24 | $171.23 | $174.86 | $170.00 | $172.48 | 465.10K |
| Sep 23 | $173.75 | $177.15 | $172.55 | $173.60 | 644.40K |
| Sep 22 | $181.00 | $182.49 | $172.64 | $174.65 | 1.11M |
| Sep 21 | $183.68 | $185.44 | $179.53 | $181.19 | 631.40K |
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