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
Vol561.50K
As of25 Sep 2026

The Verdict

Hold

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/E30.42x
Forward P/E17.81x
EV / EBITDA17.45x
P / S (ttm)3.50x
Profit margin11.3%
Return on equity14.7%
Revenue growth+22.9%
Earnings growth+41.0%
Debt / equity26.18

Layer Breakdown

LayerRawContribution
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.

United States · www.spx.com

Risk Metrics

Beta vs SPX1.41
Corr SPX0.57
Annual vol39.6%
Annual ret+10.8%
Sharpe0.27
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
Analysts12
Strong Buy1
Buy10
Hold1
Sell0
Strong Sell0

Recent rating actions

2026-05-06JP Morgan→ Overweight
2026-05-04Truist Securities→ Buy
2026-05-01Wells Fargo→ Overweight
2026-04-20Truist Securities→ Buy
2026-04-01Wells Fargo→ Overweight
2026-03-27Truist Securities→ Buy

Material Events

DateEvent8-K
2026-07-30Earnings Release, Exhibitsread
2026-07-27Officer / Director Change, Exhibitsread
2026-06-22Officer / Director Changeread
2026-05-12Shareholder Voteread
2026-04-30Earnings Release, Exhibitsread
2026-02-24Earnings Release, Exhibitsread
2026-02-02Officer / Director Changeread
2025-10-30Earnings Release, Exhibitsread
2025-09-11Material Agreement, Material Obligation…read
2025-08-14Other Material Event, Exhibitsread
2025-07-31Earnings Release, Exhibitsread
2025-05-13Shareholder Voteread

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-10Toth Robert BDirectorGift24.89K—
2026-05-12Willis Angel SDirectorGrant754—
2026-05-12Utley Tana LeighDirectorGrant754—
2026-05-12Toth Robert BDirectorGrant754—
2026-05-12SHAW RUTH GDirectorGrant754—
2026-05-12Sethna MeenalDirectorGrant754—
2026-05-12ROBERTS DAVID ADirectorGrant754—
2026-05-12PUCKETT RICK DDirectorGrant754—
2026-05-12OLEARY PATRICK JDirectorGrant754—

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders7
Top-5 share98.5%
HHI3,454 (concentrated)

Top Holders

HolderValueShares
State Street Corp$381.66M1.56M
Fidelity / FMR LLC$249.83M1.02M
Millennium Management$58.60M239.00K
Capital Research / Capital World$51.60M210.45K
Citadel Advisors$36.32M148.13K
AQR Capital Management$11.93M49.41K
T. Rowe Price Group$114.34K466.37K

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

DateFormDoc
2026-08-114view
2026-07-3110-Qview
2026-07-308-Kview
2026-07-284view
2026-07-278-Kview
2026-07-273view
2026-06-228-Kview
2026-06-1211-Kview
2026-05-144view
2026-05-144view
2026-05-144view
2026-05-144view
2026-05-144view
2026-05-144view
2026-05-144view

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
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

S&P MidCap 400

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$173.43$176.14$171.68$172.79561.50K
Sep 24$171.23$174.86$170.00$172.48465.10K
Sep 23$173.75$177.15$172.55$173.60644.40K
Sep 22$181.00$182.49$172.64$174.651.11M
Sep 21$183.68$185.44$179.53$181.19631.40K

Understand the score. Research layers are inputs to a model, and the available data has limits.

Read the methodology →