SPX Technologies (NYSE:SPXC) Releases FY 2026 Earnings Guidance

SPX Technologies (NYSE:SPXC) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 7.600-8.000 for the period, compared to the consensus EPS estimate of 7.690. The company issued revenue guidance of $2.5 billion-$2.6 billion, compared to the consensus revenue estimate of $2.5 billion.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of SPX Technologies in a research note on Monday, December 29th. TD Cowen reissued a “hold” rating on shares of SPX Technologies in a report on Tuesday, January 6th. Truist Financial increased their target price on SPX Technologies from $215.00 to $216.00 and gave the company a “hold” rating in a research note on Thursday, December 18th. Wall Street Zen upgraded shares of SPX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Bank of America upgraded SPX Technologies from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $240.00 to $280.00 in a research report on Friday, February 13th. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $225.29.

SPX Technologies Trading Up 2.5%

Shares of NYSE:SPXC opened at $243.16 on Wednesday. The company has a market cap of $12.12 billion, a PE ratio of 52.07, a price-to-earnings-growth ratio of 1.63 and a beta of 1.32. SPX Technologies has a 12-month low of $115.00 and a 12-month high of $246.68. The stock has a 50 day moving average of $216.86 and a 200 day moving average of $204.33. The company has a current ratio of 2.47, a quick ratio of 1.70 and a debt-to-equity ratio of 0.23.

SPX Technologies (NYSE:SPXC) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.02. The company had revenue of $637.30 million for the quarter, compared to analysts’ expectations of $625.98 million. SPX Technologies had a return on equity of 18.68% and a net margin of 10.33%.The firm’s revenue for the quarter was up 19.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.51 earnings per share. SPX Technologies has set its FY 2026 guidance at 7.600-8.000 EPS. As a group, equities research analysts expect that SPX Technologies will post 5.57 EPS for the current year.

Insider Buying and Selling at SPX Technologies

In other news, insider J Randall Data sold 12,000 shares of SPX Technologies stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $215.37, for a total value of $2,584,440.00. Following the completion of the sale, the insider directly owned 38,020 shares of the company’s stock, valued at approximately $8,188,367.40. The trade was a 23.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 3.32% of the stock is currently owned by corporate insiders.

Key SPX Technologies News

Here are the key news stories impacting SPX Technologies this week:

• Positive Sentiment: Q4 results beat expectations — EPS of $1.88 vs. $1.86 consensus and revenue of $637.3M (up ~19% Y/Y), showing strong top‑line momentum. SPX Reports Fourth Quarter and Full-Year 2025 Results
• Positive Sentiment: Company issued FY‑2026 guidance of $7.60–$8.00 EPS and revenue of $2.5B–$2.6B, which puts guidance roughly in line with or slightly above consensus and supports the stronger forward outlook. SPX Reports Fourth Quarter and Full-Year 2025 Results
• Positive Sentiment: Profitability metrics remain healthy (net margin ~10.3%, ROE ~18.7%), underscoring operational leverage behind the revenue gains. SPX Technologies (SPXC) Beats Q4 Earnings and Revenue Estimates
• Neutral Sentiment: Management released the slide deck and earnings call transcript — useful for detail on segment performance and order trends; no major strategic surprises reported on the call. SPX Technologies, Inc. (SPXC) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Valuation is rich (P/E ~52) and the stock is trading near its 52‑week high, which could limit further upside unless guidance is meaningfully outpaced. SPX Technologies stock
• Negative Sentiment: FY guidance is a range rather than a clear raise; investors may want confirmation of sustained margin expansion or continued order strength in coming quarters. SPX Reports Fourth Quarter and Full-Year 2025 Results

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of SPXC. Invesco Ltd. boosted its stake in SPX Technologies by 62.4% in the 3rd quarter. Invesco Ltd. now owns 1,879,216 shares of the company’s stock worth $351,000,000 after buying an additional 722,039 shares during the last quarter. ArrowMark Colorado Holdings LLC acquired a new position in SPX Technologies during the 4th quarter valued at approximately $34,898,000. HRT Financial LP acquired a new stake in SPX Technologies in the 4th quarter valued at approximately $31,218,000. Millennium Management LLC lifted its stake in shares of SPX Technologies by 237.8% in the 4th quarter. Millennium Management LLC now owns 195,598 shares of the company’s stock worth $39,131,000 after acquiring an additional 137,693 shares during the period. Finally, Amundi boosted its holdings in SPX Technologies by 1,064.4% during the third quarter. Amundi now owns 144,748 shares of the company’s stock worth $27,072,000 after buying an additional 132,317 shares in the last quarter. 92.82% of the stock is owned by hedge funds and other institutional investors.

SPX Technologies Company Profile

SPX Technologies (NYSE:SPXC) 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.

The company’s Detection & Measurement Technologies segment offers leak detection systems, pipe and asset assessment tools, fluid flow measurement devices, gas detection equipment and related services.