SPX facility one of 3 new high-dollar building permits in Huntsville area
The Huntsville area recently secured three high-dollar building permits, including a significant $7.7 million permit for SPX Cooling Technologies. SPX is constructing a $118 million production facility expected to create 350 jobs. This article details the SPX project and lists 11 other million-dollar-plus construction permits across Alabama.
The “Peak Data Center” Fear: Why SPX Technologies’ $700 Million Capacity Build Supportd a $260 Target
SPX Technologies is investing $700 million into data center cooling capacity, anticipating significant growth despite concerns about "peak data center." The company's record FY2025 adjusted EBITDA and projected 20% growth in 2026, driven by HVAC acquisitions and hyperscaler demand for its OlympusMAX product, position it for continued revenue expansion. Wall Street analysts maintain a heavily bullish outlook, with a mean target of $260.42, suggesting the stock is currently undervalued given its robust growth trajectory and accretive acquisitions.
SPXC Technical Analysis & Stock Price Forecast
SPX Technologies Inc (SPXC) is currently exhibiting a "Strong Sell" technical sentiment based on an aggregation of 14 technical signals, with 13 indicating sell and only 1 indicating buy. The stock's current price of $197.29 is below its 20-day, 60-day, and 200-day simple moving averages, reinforcing the bearish outlook. Key technical indicators like MACD also suggest a "Strong Sell," while RSI is neutral.
JPMorgan initiates SPX Technologies stock at Overweight on data center growth
JPMorgan initiated coverage on SPX Technologies (NYSE: SPXC) with an Overweight rating and a $260 price target, citing the company's strong M&A track record, improved portfolio quality, and increasing exposure to data center demand. The bank anticipates sustained above-trend organic growth due to recent and planned capacity expansions. SPX Technologies also has balance sheet flexibility for further accretive acquisitions and has recently completed two acquisitions and announced leadership changes.
SG Americas Securities LLC Purchases 16,275 Shares of SPX Technologies, Inc. $SPXC
SG Americas Securities LLC significantly increased its stake in SPX Technologies, Inc. (NYSE:SPXC) by 250.8% in Q4, adding 16,275 shares to bring its total holdings to 22,764 shares, valued at $4.554 million. This move is part of a broader trend of strong institutional accumulation, with overall institutional ownership at 92.82% and several other major firms also raising their positions. Analysts maintain a largely positive outlook on the stock, with an average target price of $244.67 and a "Moderate Buy" rating.
Retirement Systems of Alabama Buys Shares of 86,512 SPX Technologies, Inc. $SPXC
Retirement Systems of Alabama has acquired 86,512 shares of SPX Technologies (NYSE:SPXC) in Q4, a new position valued at approximately $17.3 million. This purchase represents about 0.17% of the company, which reported strong quarterly earnings and revenue growth, along with positive analyst ratings. Institutional ownership of SPX Technologies is high at 92.82%, with several other hedge funds also increasing their stakes in the company.
[ARS] SPX Technologies, Inc. SEC Filing
SPX Technologies, Inc. (SPXC) has filed an ARS form with the SEC on March 31, 2026, at 4:20 PM. The filing has a low impact and neutral sentiment. Investors can view the full PDF document on the SEC EDGAR website.
B of A Securities Upgrades SPX Technologies (SPXC)
This article reports that B of A Securities has upgraded its rating for SPX Technologies (SPXC). The upgrade indicates a more positive outlook from the securities firm regarding the company's stock performance.
SPX Technologies, Inc. $SPXC Shares Sold by Assenagon Asset Management S.A.
Assenagon Asset Management S.A. significantly reduced its stake in SPX Technologies (NYSE:SPXC) by 86.2% in Q4, selling 199,625 shares and retaining 32,048 shares. Despite this reduction, institutional ownership in SPX Technologies remains high at 92.82%, with several other funds increasing their positions. Wall Street analysts maintain a largely bullish outlook on SPX Technologies, with a "Moderate Buy" rating and an average price target of $249.67.
BMO Capital initiates coverage of SPX Technologies (SPXC) with outperform recommendation
BMO Capital has initiated coverage of SPX Technologies (SPXC) with an "outperform" recommendation. This suggests that BMO Capital expects SPXC's stock to perform better than the broader market or its sector. No specific price targets or detailed rationale for the recommendation are provided in this brief update.
Vanguard disaggregates holdings; SPX Technologies shows 0% stake (SPXC)
The Vanguard Group filed an amended Schedule 13G/A report for SPX Technologies Inc. (SPXC), indicating a 0% stake and zero beneficial ownership. This change is due to an internal realignment and disaggregation under SEC Release No. 34-39538, meaning certain Vanguard subsidiaries will now report beneficial ownership separately. The amendment, signed by Ashley Grim, Head of Global Fund Administration, highlights that Vanguard itself no longer holds or is deemed to hold a beneficial ownership in SPXC for these purposes.
SPX Technologies (NYSE:SPXC) Stock Rating Upgraded by Truist Financial
Truist Financial has upgraded SPX Technologies (NYSE:SPXC) from a "hold" to a "buy" rating, setting a new price target of $243.00, suggesting a potential 20.95% upside. The company recently reported strong quarterly earnings, beating analyst estimates for both EPS and revenue, and provided positive FY2026 EPS guidance. Institutional investors hold approximately 92.8% of SPX Technologies' stock, reflecting significant confidence in the company.
Cadent Capital Advisors LLC Acquires New Shares in SPX Technologies, Inc. $SPXC
Cadent Capital Advisors LLC has acquired 5,245 new shares of SPX Technologies, Inc. (NYSE:SPXC) in the fourth quarter, valued at approximately $1.05 million. This move is among several recent institutional activities, with various hedge funds increasing their positions in the company. SPX Technologies recently beat quarterly earnings estimates and provided strong FY2026 guidance, contributing to high institutional ownership and a "Moderate Buy" consensus rating from analysts.
A Look At SPX Technologies (SPXC) Valuation As Shares Trade Near Narrative Fair Value
SPX Technologies (SPXC) shares have seen mixed short-term returns but strong long-term performance, trading at US$201.27. While a narrative valuation suggests the stock is 24.4% undervalued with a fair value of $266.09, driven by growth in data center cooling solutions, its current P/E ratio of 40.8x is significantly higher than the industry average, indicating potential valuation risk. Investors are encouraged to consider both the growth prospects and the elevated P/E multiple when evaluating SPXC.
Nordea Investment Management AB Sells 29,995 Shares of SPX Technologies, Inc. $SPXC
Nordea Investment Management AB reduced its stake in SPX Technologies, Inc. by 8.6% in the fourth quarter, selling 29,995 shares and now owning 320,112 shares valued at $64.53 million. Despite this sale, other institutional investors increased their holdings in the company. SPX Technologies has seen a recent stock increase of 4.3% and reported strong quarterly earnings, beating analyst estimates for EPS and revenue.
B of A Securities Upgrades SPX Technologies (SPXC)
B of A Securities upgraded SPX Technologies (SPXC) to a Buy rating. The firm also set a price target of $125.00 for the company's stock.
SPX Technologies, Inc. (NYSE:SPXC) Receives Average Rating of "Moderate Buy" from Brokerages
SPX Technologies (NYSE:SPXC) has received an average "Moderate Buy" rating from nine brokerages, with an average 12-month price target of $250.63. The company recently surpassed earnings estimates with an EPS of $1.88 and revenue of $637.3M, and has set robust FY2026 guidance. Institutional investors hold approximately 92.8% of the stock.
BWX, Tecnoglass, SPX Technologies, Novanta, and Kimball Electronics Shares Plummet, What You Need To Know
Shares of BWX, Tecnoglass, SPX Technologies, Novanta, and Kimball Electronics plummeted due to escalating geopolitical tensions in the Middle East, which sparked concerns over higher inflation and a potential economic slowdown. Rising energy prices, stemming from the conflict involving the U.S., Israel, and Iran, are increasing costs for industrial and materials companies and casting a negative sentiment over the Wall Street. This has led to broad market sell-offs, particularly impacting cyclical sectors sensitive to global economic demand and input costs.
How Strong Q2 Beat and Raised Guidance Will Impact SPX Technologies (SPXC) Investors
SPX Technologies reported strong Q2 2025 results with 19.4% year-on-year revenue growth and an EBITDA beat, leading to raised full-year guidance. This performance reinforces the company's investment narrative, particularly concerning its ability to convert backlog into revenue. Investors should, however, consider potential volatility from project-driven detection and measurement revenues when evaluating the stock.
B of A Securities upgrades SPX Technologies (SPXC)
B of A Securities has upgraded its rating for SPX Technologies (SPXC). This indicates a more positive outlook from the financial institution regarding the company's stock performance and future prospects.
How Strong Q2 Beat and Raised Guidance Will Impact SPX Technologies (SPXC) Investors
SPX Technologies reported strong Q2 results with 19.4% year-on-year revenue growth and an EBITDA beat, leading to raised full-year 2025 revenue guidance of US$2.225 billion to US$2.275 billion. This performance reinforces the company's investment narrative, focusing on converting its strong backlog into revenue, though potential volatility from project-driven Detection & Measurement work remains a risk. The article suggests this outlook supports a fair value estimate of $266.09, representing a 31% upside, encouraging investors to form their own verdicts based on detailed analysis.
B of A Securities upgrades SPX Technologies (SPXC)
B of A Securities has upgraded SPX Technologies (SPXC). This indicates a more positive outlook on the company's stock performance from the financial institution.
Moore Capital Management LP Invests $12.68 Million in SPX Technologies, Inc. $SPXC
Moore Capital Management LP has taken a new stake in SPX Technologies, Inc. (NYSE:SPXC), purchasing 67,901 shares valued at approximately $12.68 million, representing 0.14% ownership. This comes amid positive analyst sentiment, with a "Moderate Buy" consensus rating and an average price target of $250.63 for SPX Technologies. The company recently exceeded earnings estimates and provided optimistic guidance for FY2026.
Spotting Top Performers: SPX Technologies (NYSE:SPXC) and Gas & Liquid Handling Shares in the Fourth Quarter
This article reviews the fourth-quarter performance of companies in the gas and liquid handling sector, focusing on SPX Technologies (NYSE:SPXC). While the sector showed generally positive earnings, several companies, including SPX Technologies and Atmus Filtration Technologies, experienced stock price declines despite strong financial results. Chart Industries (NYSE:GTLS) was noted as the weakest performer, while Gorman-Rupp (NYSE:GRC) and ITT Inc. (NYSE:ITT) had mixed but generally positive quarters.
Earnest Partners LLC Sells 44,713 Shares of SPX Technologies, Inc. $SPXC
Earnest Partners LLC has reduced its stake in SPX Technologies by 5.1%, selling 44,713 shares, though other institutional investors like Vanguard and Invesco have increased their positions. The stock, SPXC, has a "Moderate Buy" consensus rating from analysts with an average target price of $250.63, following strong Q4 2025 earnings and positive FY2026 guidance.
Interval Partners LP Takes $7.45 Million Position in SPX Technologies, Inc. $SPXC
Interval Partners LP has acquired a new stake in SPX Technologies, Inc., purchasing 39,895 shares valued at approximately $7.45 million. This move is part of broader institutional investor activity, with SPX Technologies now 92.82% owned by institutional investors. The company recently reported strong quarterly earnings, beating analyst estimates, and has received a "Moderate Buy" consensus rating from analysts with an average price target of $250.63.
Ghisallo Capital Management LLC Takes $9.34 Million Position in SPX Technologies, Inc. $SPXC
Ghisallo Capital Management LLC has acquired a new position of 50,000 shares in SPX Technologies, Inc. (NYSE:SPXC) valued at approximately $9.34 million, representing 0.10% ownership. This move highlights significant institutional interest, with Vanguard and Invesco also holding substantial stakes. SPX Technologies recently surpassed quarterly earnings and revenue estimates and holds a "Moderate Buy" consensus analyst rating with a target price of $250.63.
SPX Technologies Stock: Here’s Why Last Year’s 60% Rally Could Continue
SPX Technologies, a maker of HVAC and detection equipment, experienced a 60% rally last year, driven by strong growth in its data center cooling segment. The company reported impressive 2025 adjusted EBITDA growth and Q4 revenue beats, with management guiding significant future growth in data center revenue and implementing a $100 million capacity expansion program. Analysts maintain a positive outlook for SPXC, projecting substantial upside, though a hyperscaler capital expenditure pullback remains a key risk to the valuation model.
SPX Technologies (SPXC) Is Down 6.8% After Raising 2026 Revenue Guidance And Booking Asset Impairment
SPX Technologies (SPXC) reported higher sales and net income for Q4 and full-year 2025, along with a minor intangible asset impairment. The company raised its 2026 revenue guidance to US$2.54 billion - US$2.61 billion, indicating approximately 13% year-over-year growth. Despite the positive outlook and implied confidence, the stock experienced a 6.8% decline, possibly due to its elevated earnings multiple and recent price movements.
First Trust Advisors LP Reduces Stock Position in SPX Technologies, Inc. $SPXC
First Trust Advisors LP decreased its stake in SPX Technologies, Inc. by 1.4% in the third quarter of 2025, selling 6,118 shares and retaining 439,145 shares worth approximately $82.02 million. SPX Technologies reported strong quarterly earnings, beating estimates with $1.88 EPS and $637.3M revenue, and has a "Moderate Buy" consensus rating from analysts with an average price target of $250.63. Institutional investors own a significant portion of the company's stock, while insider selling was also noted.
Assessing SPX Technologies (SPXC) Valuation After Strong Earnings And Upgraded 2026 Outlook
SPX Technologies (SPXC) reported strong Q4 and full-year 2025 earnings and updated its 2026 revenue guidance, leading to a 9.25% year-to-date share price return. Although a "narrative fair value" suggests the stock is 7.5% undervalued at $240, a Discounted Cash Flow (DCF) model indicates it may be overvalued at its current price of $222.07 against an estimated value of $203.04. The article urges investors to consider both perspectives and conduct further research into the company's prospects, including potential rewards and warning signs.
Titan International, Astronics, Installed Building Products, SolarEdge, and SPX Technologies Shares Are Falling, What You Need To Know
Several stocks, including Titan International, Astronics, Installed Building Products, SolarEdge, and SPX Technologies, experienced declines due to escalating geopolitical tensions in the Middle East. These tensions led to a surge in oil prices, reigniting inflation concerns and impacting the broader market. The instability complicates monetary policy for the Federal Reserve and raises fears of increased fuel costs and reduced consumer spending.
Assessing SPX Technologies (SPXC) Valuation After Strong Earnings And Upgraded 2026 Outlook
SPX Technologies (SPXC) shares have seen significant growth over the past five years, with a notable 9.25% year-to-date return, following strong fourth-quarter and full-year 2025 earnings and new 2026 revenue guidance. While Simply Wall St's narrative valuation suggests SPXC is 7.5% undervalued with a fair value of $240, their Discounted Cash Flow (DCF) model indicates an overvalued status at $222.07 compared to an estimated value of $203.04. The company's valuation hinges on its ability to leverage decarbonization trends and infrastructure modernization, but risks related to project timing and M&A execution could impact future performance.
GW&K Investment Management LLC Increases Position in SPX Technologies, Inc. $SPXC
GW&K Investment Management LLC has significantly increased its stake in SPX Technologies, Inc. (NYSE:SPXC) by 41% in Q3, bringing its total holdings to 550,597 shares valued at approximately $102.8 million. This makes SPXC the firm's 15th largest holding, with institutional ownership of the company soaring to 92.82%. The increase follows SPX Technologies' strong quarterly earnings, where it surpassed EPS and revenue estimates, and its positive FY2026 guidance, reinforcing a "Moderate Buy" consensus rating among analysts with a target price of $250.63.
SPX Technologies, Inc. $SPXC Shares Sold by Segall Bryant & Hamill LLC
Segall Bryant & Hamill LLC reduced its stake in SPX Technologies (NYSE:SPXC) by 16.6% in the third quarter, selling 5,454 shares, though institutional ownership remains high at 92.82%. Major investors like Vanguard and Norges Bank have increased or initiated significant positions, indicating strong institutional backing. Analysts maintain a "Moderate Buy" rating with an average target price of $250.63, following SPX's recent earnings beat and positive FY2026 EPS guidance.
SPX Technologies (NYSE: SPXC) CFO granted stock, options; shares withheld for tax
SPX Technologies' CFO, Mark A. Carano, reported receiving new equity awards, including restricted stock units and stock options, under the company's 2019 Stock Compensation Plan. Concurrently, 262 shares were withheld by the company to cover tax obligations upon the vesting of previously granted restricted stock units. After these transactions, Carano directly owned 19,254 shares, with various awards vesting in installments between 2024 and 2027.
JP Morgan Initiates Coverage of SPX Technologies (SPXC) with Overweight Recommendation
JP Morgan has initiated coverage on SPX Technologies (SPXC) with an "Overweight" recommendation. The average one-year price target for SPXC is $239.64, suggesting a 9.14% upside from its last reported closing price. The article also details institutional ownership, showing a decrease in total shares owned by institutions in the last three months, and reports a bullish put/call ratio for the company.
JPMorgan initiates SPX Technologies stock at Overweight on data center growth
JPMorgan initiated coverage on SPX Technologies (NYSE:SPXC) with an Overweight rating and a $260.00 price target, citing the company's strong M&A track record, improved portfolio quality, and increasing exposure to data center demand. The firm anticipates sustained above-trend organic growth and notes the company's balance sheet flexibility for future M&A. This positive outlook is supported by recent strategic acquisitions and an upgrade from BofA Securities, despite some InvestingPro analysis suggesting current overvaluation.
[Form 4] SPX Technologies, Inc. Insider Trading Activity
Eugene Joseph Lowe III, President and CEO of SPX Technologies, Inc., reported new equity awards and a tax-withholding share delivery on March 2 and 3, 2026. He received 19,536 shares of common stock as restricted stock units and was granted 14,737 employee stock options. Subsequently, 1,631 shares were delivered to the company to cover withholding taxes from previous awards, leaving him with 819,700 directly owned shares and 5,047 indirect shares after these transactions.
SPX Technologies: JPMorgan Initiates With Overweight Citing Data Center Demand and Capacity Expansion
JPMorgan has initiated coverage of SPX Technologies (SPXC) with an "Overweight" rating and a $260 price target, citing the company's strong position in data center cooling and engineered air movement, crucial for AI infrastructure. SPX Technologies is investing $100 million in HVAC manufacturing capacity in 2026, adding an estimated $700 million in incremental revenue capacity, with $550 million directly tied to data center demand. Despite a recent stock selloff following Q4 earnings, the company's 50% data center growth rate for 2026 and anticipated acceleration in organic growth in 2026 and beyond underpin the bullish outlook.
SPX Technologies (NYSE: SPXC) CAO reports stock grant and tax-share disposal
SPX Technologies' Chief Accounting Officer, Wayne M. McLaren, reported receiving a grant of 662 restricted stock units and disposing of 80 shares to cover tax withholdings on previously vested units. These transactions were under the SPX 2019 Stock Compensation Plan and were not open-market sales. After these activities, McLaren holds 7,770 shares directly and 697 indirectly through a 401(k) plan, including unvested restricted stock units.
Equity awards for SPX Technologies (SPXC) VP and General Counsel
SPX Technologies' VP, General Counsel & Secretary, Daniel Jay Whitman, received new equity awards as disclosed in a Form 4 SEC filing. These awards include 1,389 employee stock options and 1,842 restricted stock units, both granted at $0.00 per share under the SPX 2019 Stock Compensation Plan. Following these transactions, Whitman directly holds 3,015 shares of common stock and 2,628 stock options, with indirect holdings of 11 shares through a 401(k) plan.
SPX Technologies (NYSE: SPXC) VP granted stock, options and surrenders shares for taxes
SPX Technologies VP and CHRO Jennifer Carpenter reported new equity awards and a tax-related share disposal. She received 1,602 shares of common stock and options for 1,208 shares, both as compensation. To cover withholding taxes on previously granted restricted stock units, 79 shares were surrendered to the company at $225.02 per share, with her direct holdings now at 5,353 shares and indirect at 119 shares.
This SPX Technologies Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday
JP Morgan analyst Stephen Tusa initiated coverage on SPX Technologies with an Overweight rating and a $260 price target. This article also highlights other significant analyst initiations for Wednesday, including Chime Financial, nLight Inc, Lennar Corp, and Roblox Corp, with various ratings and price targets from firms like Keybanc, Baird, Truist Securities, and DA Davidson. These moves indicate new expert perspectives on these companies' stock performance.
Fisher Asset Management LLC Grows Holdings in SPX Technologies, Inc. $SPXC
Fisher Asset Management LLC significantly increased its stake in SPX Technologies, Inc. by 49.4% in the third quarter, bringing its total holdings to 176,507 shares valued at approximately $32.97 million. Institutional investors collectively own 92.82% of SPX Technologies, with other major holders including Vanguard Group Inc., Norges Bank, AustralianSuper Pty Ltd, Invesco Ltd., and Franklin Resources Inc., all of whom have either initiated or increased their positions. Analysts maintain a "Moderate Buy" consensus rating with an average target price of $249.29, especially after SPX Technologies exceeded third-quarter earnings expectations and provided strong FY 2026 guidance.
AustralianSuper Pty Ltd Makes New $41.09 Million Investment in SPX Technologies, Inc. $SPXC
AustralianSuper Pty Ltd has made a significant new investment of $41.09 million in SPX Technologies, acquiring 220,000 shares which represent approximately 0.44% of the company. This comes as SPX Technologies reported strong Q3 earnings, beating analyst estimates with $1.88 EPS and $637.3M revenue, and projects positive FY2026 guidance. The stock is rated a "Moderate Buy" by analysts, with a consensus price target of $249.29, despite a recent insider share sale.
SPX Technologies (SPXC) executive disposes shares to cover RSU tax withholding
John William Swann III, President of Detection & Measurement at SPX Technologies, disposed of 620 shares of company stock across two transactions on February 28 and March 1, 2026. These dispositions, totaling 264 and 356 shares respectively at $226.94 per share, were made to cover tax withholding obligations upon the vesting of previously granted Restricted Stock Units (RSUs). Following these transactions, Swann directly held 59,402 common shares, in addition to indirect holdings and employee stock options.
SPX Technologies (SPXC) exec shares withheld to cover tax obligations
J. Randall Data, an executive at SPX Technologies, reported the disposal of shares for tax obligations related to vested restricted stock units. A total of 853 common shares were delivered back to the company on February 28, 2026, and March 1, 2026, at $226.94 per share to cover withholding taxes. Following these transactions, Data J Randall directly holds 36,312 common shares and also maintains indirect ownership, employee stock options, and unvested restricted stock units.
SPX Technologies (NYSE: SPXC) exec delivers shares for tax withholding
SPX Technologies executive Sean McClenaghan, President of the HVAC segment, reported two tax-related share dispositions of 384 and 356 shares at $226.94 per share on March 1 and February 28, respectively. These shares were withheld to cover taxes due upon the vesting of previously granted restricted stock units, not sold on the open market. McClenaghan continues to hold significant direct and indirect interests in the company, including common stock and employee stock options.
SPX Technologies (NYSE: SPXC) president receives stock, options grants
Sean McClenaghan, President of the HVAC segment at SPX Technologies, reported receiving 4,164 shares of common stock and 3,141 employee stock options on March 2, 2026, under the SPX 2019 Stock Compensation Plan. On March 3, 2026, he delivered 278 shares to the issuer to cover tax withholdings from previously vested restricted stock units. Following these transactions, McClenaghan directly holds 27,314 shares and indirectly holds 530 shares through a 401(k) plan, in addition to several blocks of employee stock options.
