SPX Technologies (SPXC) to Release Quarterly Earnings on Thursday

SPX Technologies (NYSE:SPXC) will likely be issuing its Q1 2026 results after the market closes on Thursday, April 30th. Analysts expect SPX Technologies to post earnings of $1.55 per share and revenue of $558.5510 million for the quarter. SPX Technologies has set its FY 2026 guidance at 7.600-8.000 EPS. Parties can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, April 30, 2026 at 4:45 PM ET.

SPX Technologies (NYSE:SPXC) last issued its earnings results on Tuesday, February 24th. The company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. The business had revenue of $637.30 million for the quarter, compared to analyst estimates of $625.98 million. SPX Technologies had a net margin of 10.77% and a return on equity of 17.82%. The company’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same period last year, the company posted $1.51 earnings per share. On average, analysts expect SPX Technologies to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

SPX Technologies Trading Up 1.9%

SPXC opened at $220.52 on Thursday. The company has a quick ratio of 1.82, a current ratio of 2.48 and a debt-to-equity ratio of 0.22. The stock’s fifty day moving average is $214.76 and its two-hundred day moving average is $210.38. The company has a market capitalization of $11.07 billion, a P/E ratio of 44.02, a PEG ratio of 1.66 and a beta of 1.34. SPX Technologies has a 52 week low of $126.67 and a 52 week high of $246.68.

Hedge Funds Weigh In On SPX Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Invesco Ltd. grew its stake in SPX Technologies by 62.4% in the third quarter. Invesco Ltd. now owns 1,879,216 shares of the company’s stock valued at $351,000,000 after purchasing an additional 722,039 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in SPX Technologies by 7.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,176,481 shares of the company’s stock valued at $235,368,000 after purchasing an additional 84,117 shares during the last quarter. Alliancebernstein L.P. grew its stake in SPX Technologies by 0.4% in the third quarter. Alliancebernstein L.P. now owns 667,605 shares of the company’s stock valued at $124,695,000 after purchasing an additional 2,631 shares during the last quarter. Northern Trust Corp grew its stake in SPX Technologies by 0.4% in the third quarter. Northern Trust Corp now owns 531,040 shares of the company’s stock valued at $99,188,000 after purchasing an additional 2,315 shares during the last quarter. Finally, First Trust Advisors LP grew its stake in SPX Technologies by 10.3% in the fourth quarter. First Trust Advisors LP now owns 484,377 shares of the company’s stock valued at $96,904,000 after purchasing an additional 45,232 shares during the last quarter. Hedge funds and other institutional investors own 92.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on SPXC. Bank of America raised SPX Technologies from a “neutral” rating to a “buy” rating and increased their price target for the stock from $240.00 to $280.00 in a research report on Friday, February 13th. BMO Capital Markets started coverage on shares of SPX Technologies in a research note on Friday, March 27th. They issued an “outperform” rating and a $243.00 price objective for the company. Wells Fargo & Company dropped their target price on shares of SPX Technologies from $270.00 to $225.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. TD Cowen reissued a “hold” rating on shares of SPX Technologies in a research report on Tuesday, January 6th. Finally, Oppenheimer boosted their price target on shares of SPX Technologies from $240.00 to $272.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $245.56.

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.