B of A Securities Upgrades SPX Technologies (SPXC)
B of A Securities has upgraded SPX Technologies (SPXC) from Neutral to Buy as of February 13, 2026. Despite the upgrade, the average one-year price target suggests a slight downside, with institutional ownership decreasing but average portfolio allocation increasing. The put/call ratio indicates a bullish outlook for the company.
B of A Securities Upgrades SPX Technologies (SPXC)
B of A Securities has upgraded SPX Technologies (SPXC) from Neutral to Buy. Despite an average one-year price target suggesting a 1.44% downside from its current closing price, institutional ownership has shifted, with some funds increasing their allocation in SPXC while others saw decreases. The overall fund sentiment, based on a put/call ratio of 0.22, indicates a bullish outlook for the company.
How Spx Technologies Inc. (SPXC) Affects Rotational Strategy Timing
The article analyzes Spx Technologies Inc. (SPXC) using AI models, indicating strong sentiment across all horizons for an overweight bias. It outlines three distinct trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—tailored for different risk profiles. The analysis highlights key support and resistance levels across near-term, mid-term, and long-term horizons, recommending specific entry, target, and stop-loss prices.
B of A Securities Upgrades SPX Technologies (SPXC)
B of A Securities has upgraded SPX Technologies (SPXC) from Neutral to Buy. Despite the upgrade, the average one-year price target suggests a 1.44% downside from its current share price. Institutional ownership in SPX Technologies has seen a decrease in the number of funds reporting positions, but overall, there is a bullish outlook indicated by a put/call ratio of 0.22.
New York Life Investment Management LLC Invests $852,000 in SPX Technologies, Inc. $SPXC
New York Life Investment Management LLC has acquired a new stake of 4,561 shares in SPX Technologies, Inc. (NYSE:SPXC) valued at approximately $852,000 during the third quarter. This investment comes amidst significant insider selling from J. Randall Data and John W. Swann III, totaling over $10 million, though insiders still retain about 3.32% ownership. Analysts are largely bullish on SPX Technologies, with a "Moderate Buy" consensus and an average target price of $225.29, despite the stock trading near its 52-week high.
SPX Technologies Inc (SPXC) Shares Up 4.51% on Feb 13
Shares of SPX Technologies Inc (SPXC) rose 4.51% on February 13, reaching $241.33. Analysts have an average target price of $230.94, suggesting a potential downside of 4.31% from the current price, while GuruFocus estimates a downside of 32.47%. The average brokerage recommendation for SPXC is "Outperform."
BofA Securities upgrades SPX Technologies stock to Buy on growth outlook
BofA Securities upgraded SPX Technologies (NYSE: SPXC) from Neutral to Buy, raising its price target to $280.00 due to confidence in the company's growth potential. This upgrade is driven by projected 20% EPS growth through 2027, fueled by organic capacity additions, new product introductions, and strategic acquisitions. SPX Technologies, benefiting from data center exposure and new product launches, also reported strong revenue growth and healthy financial health.
B of A Securities Upgrades SPX Technologies (SPXC)
B of A Securities has upgraded SPX Technologies (SPXC) from Neutral to Buy, with an average one-year price target suggesting a 2.01% upside. Institutional ownership remains significant, despite a slight decrease in total shares owned by institutions in the last quarter, and the put/call ratio indicates a bullish outlook for the stock.
Public Sector Pension Investment Board Buys 33,521 Shares of SPX Technologies, Inc. $SPXC
The Public Sector Pension Investment Board increased its stake in SPX Technologies by 21.1%, acquiring an additional 33,521 shares, bringing its total holding to 192,701 shares valued at approximately $35.99 million. This investment now represents about 0.39% of the company. Despite significant insider selling recently, institutional investors collectively own about 92.82% of SPX Technologies, which has a consensus analyst rating of "Moderate Buy" and a price target of $214.14.
SPX Technologies, Inc. $SPXC Shares Purchased by Envestnet Asset Management Inc.
Envestnet Asset Management Inc. significantly increased its stake in SPX Technologies (NYSE:SPXC) by 35% in the third quarter, bringing its total to 147,066 shares valued at $27.47 million. Despite institutional buying, some company insiders, including John W. Swann III and J. Randall Data, have recently sold substantial portions of their holdings. While analysts have a "Moderate Buy" rating, the average price target of $214.14 is currently below the stock's recent trading price of approximately $230.87.
Oppenheimer Asset Management Inc. Has $3.74 Million Stock Holdings in SPX Technologies, Inc. $SPXC
Oppenheimer Asset Management Inc. increased its stake in SPX Technologies, Inc. to $3.74 million, holding 19,999 shares. Other major institutions like Norges Bank, AustralianSuper, and Invesco also acquired significant positions, bringing institutional ownership to 92.82%. Despite insider share sales, the stock is trading near its 52-week high with varied analyst ratings, culminating in a "Moderate Buy" consensus.
SPX Technologies (SPXC): A Growth Stock Coiling Under Key Resistance
SPX Technologies (SPXC) is identified as a strong swing-trade candidate due to its clear uptrend, accelerating EPS and sales growth, and its price tightening beneath a significant horizontal resistance level. The article outlines a trade plan including a trigger-based entry above resistance, a defined stop-loss, and strategies for managing the trade and potential profit targets. Key risks such as false breakouts and upcoming earnings are also highlighted.
A Look At SPX Technologies (SPXC) Valuation After Recent Share Price Strength
SPX Technologies (SPXC) has shown significant share price strength recently, with its stock up 6.9% over the past month and 302% over five years. The company is considered modestly undervalued with a narrative fair value of $236 against its current trading price of $222.32, driven by demand for its solutions in decarbonization and energy efficiency. However, despite this, the stock's P/E ratio of 49.5x suggests it is currently expensive compared to peers, indicating the market might be pricing in significant future optimism.
SPX Technologies completes acquisition of Crawford United By Investing.com
SPX Technologies Inc. (NYSE:SPXC) has finalized its acquisition of Crawford United Corporation (OTC:CRAWA) for approximately $300 million, resulting in shareholders receiving $83.86 per share. This strategic move integrates Crawford United's Commercial Air-Handling Equipment segment into SPX's HVAC portfolio while its Industrial & Transportation Products segment is being held for sale. SPX plans to release its 2026 guidance, including the impact of this acquisition, on February 24, 2026.
SPX Technologies Completes Acquisition of Crawford United
SPX Technologies, Inc. has completed its acquisition of Crawford United Corporation for approximately $300 million. This acquisition expands SPX's HVAC capabilities with custom air-handling solutions from Crawford United's Commercial Air-Handling Equipment segment. SPX plans to divest Crawford United's non-core Industrial & Transportation Products segment, which will be reported as discontinued operations.
SPX Technologies Completes Acquisition of Crawford United
SPX Technologies has completed its acquisition of Crawford United Corporation for approximately $300 million, expanding its HVAC capabilities with custom air-handling solutions. Crawford United's shares will cease trading on the OTC Pink Limited Market. SPX plans to divest Crawford United's non-core Industrial & Transportation Products segment, reporting these as assets held for sale.
SPX Technologies Acquires Crawford United In $300 Mln Deal
SPX Technologies Inc. has completed the acquisition of Crawford United Corporation for approximately $300 million in an all-cash deal. This acquisition expands SPX's HVAC portfolio by integrating Crawford United's Air Enterprises and Rahn Industries businesses. Crawford United's shares will no longer trade, and its non-core units will be held for sale as discontinued operations.
SPX spends $300M on air-handling firm, plans to sell other units
SPX Technologies has completed the acquisition of Crawford United for approximately $300 million, or $83.86 per share. This deal integrates Crawford United’s commercial air-handling equipment businesses into SPX’s HVAC segment, while its industrial and transportation products segment will be sold off as non-core assets. SPX will incorporate the acquisition's financial impact into its 2026 guidance, to be released with Q4 2025 results on February 24, 2026.
SPX Technologies completes acquisition of Crawford United By Investing.com
SPX Technologies (NYSE:SPXC) has completed its $300 million acquisition of Crawford United Corporation (OTC:CRAWA). This strategic move integrates Crawford United's Commercial Air-Handling Equipment segment into SPX's HVAC portfolio, while its Industrial & Transportation Products segment will be divested. SPX anticipates providing updated 2026 guidance, reflecting the acquisition's impact, on February 24, 2026.
SPX Technologies, Inc. Completes Acquisition of Crawford United Corporation for Approximately $300 Million
SPX Technologies, Inc. has completed its acquisition of Crawford United Corporation for approximately $300 million, or $83.86 per share, enhancing its HVAC portfolio with Air Enterprises and Rahn Industries. The non-core Industrial & Transportation Products segment of Crawford United will be sold. SPX plans to provide further financial guidance on February 24, 2026, during its Q4 2025 results report.
SPX Technologies Completes Acquisition of Crawford United
SPX Technologies has completed its acquisition of Crawford United Corporation for approximately $300 million, expanding its HVAC capabilities with custom air-handling solutions from Air Enterprises and Rahn Industries. Crawford United's non-core Industrial & Transportation Products segment will be reported as discontinued operations as SPX plans for its sale. SPX will provide 2026 guidance including the impact of this acquisition on February 24, 2026.
SPX Technologies Completes Acquisition of Crawford United
SPX Technologies (NYSE: SPXC) has finalized its acquisition of Crawford United Corporation (OTC: CRAWA) for approximately $300 million, with Crawford United shareholders receiving $83.86 per share. This strategic move expands SPX's HVAC portfolio by integrating Crawford United's Commercial Air-Handling Equipment segment, while its Industrial & Transportation Products segment will be designated as assets held for sale. SPX plans to release updated 2026 guidance, including the impact of this acquisition, on February 24, 2026.
SPX Technologies (SPXC) Well-Positioned for Data Center Infrastructure Evolution
SPX Technologies (SPXC) is identified as one of the top industrial machinery and supplies stocks, with analysts giving it a moderately bullish outlook and an almost 8% upside potential. Despite concerns about Nvidia's cooling technology shifts affecting data center infrastructure, SPX's products are deemed integral for heat rejection in liquid-cooled systems, positioning the company well within the evolving market. The article also touches upon broader AI investment opportunities, emphasizing the massive energy demands of AI and highlighting overlooked companies in critical infrastructure roles, but clarifies that it considers other AI stocks to hold more promise than SPXC for higher, quicker returns.
SPX Technologies (SPXC) Well-Positioned for Data Center Infrastructure Evolution
SPX Technologies (SPXC) is considered well-positioned for the evolving data center infrastructure market, particularly in heat rejection for liquid-cooled systems, despite concerns about Nvidia's cooling technology shift. Four out of six analysts rate SPXC as a Buy, with a median 1-year price target of $229. The company is a global supplier of engineered infrastructure equipment focused on energy efficiency, although some market analysts suggest that certain AI stocks might offer greater upside potential.
SPX Technologies announces retirement of key operations executive
SPX Technologies announced that J. Randall Data, President of Global Operations and Data Center Solutions, will retire on March 20, 2026. This leadership change could impact the oversight of SPX's global operations and data center business. Analysts currently rate SPXC stock a "Buy" with a $220.00 price target, and TipRanks' AI Analyst assesses it as "Outperform" due to strong financial performance and strategic initiatives, despite high valuation.
SPX Technologies, Inc. $SPXC Shares Bought by Principal Financial Group Inc.
Principal Financial Group Inc. increased its stake in SPX Technologies (NYSE:SPXC) by 11.2% in the third quarter, now owning 550,863 shares valued at approximately $102.89 million. While institutions are buying, company insiders have sold substantial amounts of stock, reducing their total ownership to 3.32%. Analysts currently maintain a "Moderate Buy" rating with a consensus price target of $214.14 for SPXC.
SPX Technologies announces retirement of executive J. Randall Data
SPX Technologies announced that J. Randall Data, President of Global Operations and Data Center Solutions, has decided to retire, effective March 20, 2026. This announcement comes amidst the company's recent strategic acquisitions, including Thermolec Ltd. and Crawford United Corporation, and the appointment of a new Vice President and General Counsel. TD Cowen also initiated coverage on SPX Technologies with a Hold rating.
SPX Technologies announces retirement of executive J. Randall Data
SPX Technologies, Inc. announced that J. Randall Data, President of Global Operations and Data Center Solutions, will retire on March 20, 2026. This announcement comes amidst the company's strategic expansion efforts, including recent acquisitions of Thermolec Ltd. and Crawford United Corporation, and a new leadership appointment. Analysts have initiated coverage on SPX Technologies with a "Hold" rating due to favorable market trends.
SPX Technologies announces retirement of key operations executive
SPX Technologies announced the planned retirement of J. Randall Data, President of Global Operations and Data Center Solutions, effective March 20, 2026. This leadership change introduces a transition in the company's senior executive team. SPX (SPXC) shows strong financial performance and a positive outlook, although its high valuation and mixed technical indicators temper the overall score.
New York State Common Retirement Fund Sells 42,790 Shares of SPX Technologies, Inc. $SPXC
The New York State Common Retirement Fund significantly reduced its stake in SPX Technologies, Inc. by selling 42,790 shares, representing a 14.6% decrease, and now holds 250,553 shares valued at approximately $46.8 million. This comes amidst other institutional investor adjustments and notable insider selling by John William Swann III and J. Randall Data, who collectively sold shares worth over $10 million. Despite the institutional divestment and insider sales, SPX Technologies reported strong fundamentals with a 22.6% year-over-year revenue increase and a consensus "Moderate Buy" rating from analysts with an average price target of $214.14.
SPX Technologies, Inc. (NYSE:SPXC) Given Average Recommendation of "Moderate Buy" by Analysts
SPX Technologies, Inc. (NYSE:SPXC) has received a "Moderate Buy" consensus rating from analysts, with six out of nine firms issuing buy ratings and an average 12-month target price of $214.14. Despite recent insider selling activities, institutional investors hold a significant 92.82% ownership. The company reported strong Q3 earnings, surpassing analyst estimates for both EPS and revenue, demonstrating a 22.6% year-over-year revenue increase.
Cooling Tower Market Covering Prime Factors and Competitive
The cooling tower market is experiencing growth driven by increasing demand from industrial, commercial, and infrastructure sectors, as well as rising investments in thermal power, petrochemicals, and data centers. Factors such as energy efficiency, water conservation, technological advancements, and stricter environmental regulations are influencing market development. Key players in this market include SPX Corporation, Baltimore Aircoil Company, and Evapco Inc.
SPX Technologies prices public offering of 2.66 million shares at $188 each
SPX Technologies has announced the pricing of a public offering of 2.66 million shares. Each share is priced at $188, indicating the company's latest move in its financial strategy.
Did Reaffirmed Data Center Cooling Role Just Shift SPX Technologies' (SPXC) Investment Narrative?
SPX Technologies' investment narrative has been influenced by the recent reaffirmation of its cooling tower products' importance for data center heat management. Analysts clarified the company's continuous relevance in specialized HVAC and detection equipment, despite earlier concerns about changing cooling technologies. While short-term sentiment saw volatility, the long-term thesis focuses on SPX as a critical infrastructure supplier, with investors now watching Q4 2025 results and infrastructure demand updates.
Universal Beteiligungs und Servicegesellschaft mbH Purchases 24,537 Shares of SPX Technologies, Inc. $SPXC
Universal Beteiligungs und Servicegesellschaft mbH significantly increased its stake in SPX Technologies, Inc. by 93.5% during the third quarter, purchasing an additional 24,537 shares. Following this acquisition, the institutional investor now owns 50,785 shares valued at $9.486 million. Other hedge funds and institutional investors have also adjusted their holdings in SPX Technologies, which currently has a "Moderate Buy" rating from analysts with an average price target of $214.14.
DXP, SPX Technologies, Oshkosh, Belden, and Enpro Shares Plummet, What You Need To Know
Shares of DXP, SPX Technologies, Oshkosh, Belden, and Enpro all fell after the Dow Jones Industrial Average declined. This drop followed a volatile week where stocks initially saw relief after President Donald Trump backed off tariff threats, but lingering uncertainty and geopolitical risks remained concerns. The article highlights that significant price drops can create buying opportunities for high-quality stocks and provides a detailed look at DXP's recent performance.
DXP, SPX Technologies, Oshkosh, Belden, and Enpro Shares Plummet, What You Need To Know
Shares of DXP, SPX Technologies, Oshkosh, Belden, and Enpro plummeted in the afternoon session after the Dow Jones Industrial Average dropped 0.7%. This market movement reflects lingering uncertainty despite President Donald Trump's decision to back off tariff threats against European allies, which initially spurred a relief rally. The article notes that significant price drops can create opportunities to buy high-quality stocks and details recent performance for DXP (DXPE), including its volatility and year-to-date gains.
DXP, SPX Technologies, Oshkosh, Belden, and Enpro Shares Plummet, What You Need To Know
Shares of DXP, SPX Technologies, Oshkosh, Belden, and Enpro all declined following a drop in the Dow Jones Industrial Average, reflecting market uncertainty. This downturn occurred despite a relief rally earlier in the week when President Trump backed off new tariff threats, which had initially caused market volatility. The article suggests that significant price drops could present buying opportunities for high-quality stocks.
Emerald Mutual Fund Advisers Trust Has $17.38 Million Holdings in SPX Technologies, Inc. $SPXC
Emerald Mutual Fund Advisers Trust significantly increased its stake in SPX Technologies, owning 93,074 shares valued at $17.38 million. This comes despite recent insider selling by executives J. Randall Data and John W. Swann III, reducing their collective ownership. Analysts maintain a "Moderate Buy" rating for SPX Technologies, with a consensus price target of $214.14, following strong Q3 results and positive FY2025 guidance.
Wall Street Has a Positive Opinion on SPX Technologies (SPXC)
SPX Technologies (SPXC) is viewed positively by Wall Street analysts, with optimistic price targets reflecting over 10.2% upside. TD Cowen reiterated a Hold rating and a $225 price target, clarifying that recent stock sell-offs due to Nvidia's announcement were a market misinterpretation, as SPX's cooling technology remains essential for data centers. The firm believes SPXC is well-positioned in the data center cooling market despite acknowledging the potential of other AI stocks.
Emerald Advisers LLC Purchases 18,403 Shares of SPX Technologies, Inc. $SPXC
Emerald Advisers LLC increased its holdings in SPX Technologies, Inc. by 13.6% in the third quarter, acquiring 18,403 additional shares, bringing their total to 153,507 shares valued at approximately $28.67 million. This increase happened despite significant insider selling from two executives who collectively reduced their holdings by over 20%. Analysts currently rate SPX Technologies as a "Moderate Buy" with an average target price near its current trading value.
13 Best Russell 2000 Stocks to Buy Right Now
This article identifies SPX Technologies, Inc. (NYSE: SPXC) as one of the best Russell 2000 stocks to buy, based on positive Wall Street analyst opinions. Analysts expect over 10.2% upside for the stock, with TD Cowen reiterating a Hold rating and William Blair a Buy rating. The article highlights that recent concerns over Nvidia's warm-water cooling announcement are a misinterpretation, as SPX's cooling technology remains essential for data centers.
SPX Technologies Announces Acquisition of Thermolec
SPX Technologies has acquired Thermolec Ltd. for CA$195 million (approximately US$140 million), expanding its HVAC segment with custom electric heating solutions. Thermolec, a Montréal-based manufacturer with nearly 200 employees and US$35 million in annual revenues, will join SPX's Electric Heat business. SPX plans to leverage this acquisition to increase Thermolec's U.S. sales and expand Marley Engineered Products' presence in Canada.
Maryland State Retirement & Pension System Sells 6,598 Shares of SPX Technologies, Inc. $SPXC
The Maryland State Retirement & Pension System significantly reduced its stake in SPX Technologies, Inc. (NYSE:SPXC) by 48.2%, selling 6,598 shares. This sale leaves the institutional investor with 7,101 shares valued at approximately $1.33 million as of its latest SEC filing. This reduction follows other insider sales and occurs after SPX Technologies reported strong quarterly earnings, beating analyst expectations and providing positive FY2025 guidance.
SPX Technologies Announces Acquisition of Thermolec
SPX Technologies has acquired Thermolec Ltd. for CA$195 million, expanding its HVAC segment with custom electric heating solutions. Thermolec, a Montréal-based manufacturer, generates approximately US$35 million in annual revenues and will operate within SPX's Electric Heat business. This acquisition aims to boost Thermolec's U.S. sales and leverage its Canadian customer relationships to expand Marley Engineered Products' sales in Canada.
SPX Technologies, Inc. acquired Thermolec Ltd. for approximately CAD 200 million.
SPX Technologies, Inc. has acquired Thermolec Ltd. for approximately CAD 200 million, with the payment made in cash. Thermolec, which reported CAD 48.52 million in revenue for the period ending December 31, 2025, will be integrated into SPX's HVAC segment, specifically within its Electric Heat business alongside Marley Engineered Products and ASPEQ. This acquisition was completed on January 20, 2026.
SPX Technologies acquires Thermolec for CA$195 million
SPX Technologies, Inc. has acquired Thermolec Ltd. for CA$195 million (approximately US$140 million) in cash. This acquisition is part of SPX's Electric Heat strategy, integrating Thermolec's custom electric heating solutions into its HVAC segment. SPX plans to expand Thermolec's U.S. sales while leveraging its Canadian customer relationships to boost Marley Engineered Products' presence in Canada.
Electric heating maker Thermolec acquired by SPX for CA$195M
SPX Technologies (NYSE:SPXC) has completed the acquisition of Thermolec Ltd., a Montréal-based electric heating manufacturer, for CA$195 million (approximately US$140 million). Thermolec, with approximately US$35 million in annual revenue and nearly 200 employees, will join SPX's HVAC Electric Heat business. SPX plans to leverage this acquisition to expand Thermolec’s U.S. sales and grow Marley Engineered Products' (MEP) sales in Canada.
SPX Technologies Announces Acquisition of Thermolec
SPX Technologies (NYSE:SPXC) has acquired Thermolec Ltd., a Montréal-based manufacturer of custom electric heating solutions, for CA$195 million (approximately US$140 million). This acquisition expands SPX’s HVAC segment, integrating Thermolec into its Electric Heat business alongside Marley Engineered Products (MEP) and ASPEQ. SPX plans to leverage Thermolec's Canadian presence to boost MEP's sales in Canada and expand Thermolec's sales in the U.S.
SPX Technologies to Report Fourth Quarter and Full-Year 2025 Financial Results and Present 2026 Financial Guidance
SPX Technologies, Inc. (NYSE:SPXC) announced it will release its financial results for the fourth quarter and full-year of fiscal year 2025 after the U.S. financial markets close on Tuesday, February 24, 2026. The company's President and CEO, Gene Lowe, and VP, CFO, and Treasurer, Mark Carano, will discuss the results and business outlook during a conference call on the same day at 4:45 p.m. Eastern Time. A live webcast and replay will be available through the company's investor relations website.
