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

SPX Technologies (NYSE:SPXC) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 7.600-8.000 for the period, compared to the consensus 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.

Wall Street Analysts Forecast Growth

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

SPX Technologies Trading Up 2.5%

NYSE:SPXC traded up $5.98 during trading hours on Tuesday, hitting $243.16. 458,200 shares of the stock were exchanged, compared to its average volume of 338,385. The company has a market capitalization of $12.12 billion, a P/E ratio of 37.18, a price-to-earnings-growth ratio of 1.63 and a beta of 1.32. The company has a quick ratio of 1.70, a current ratio of 2.47 and a debt-to-equity ratio of 0.23. The company’s 50 day moving average is $216.86 and its two-hundred day moving average is $204.33. SPX Technologies has a twelve month low of $115.00 and a twelve month high of $246.68.

SPX Technologies (NYSE:SPXC) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 18.68% and a net margin of 10.33%.The firm’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.51 earnings per share. SPX Technologies has set its FY 2026 guidance at 7.600-8.000 EPS. On average, sell-side analysts anticipate that SPX Technologies will post 5.57 earnings per share for the current fiscal year.

Insider Activity at SPX Technologies

In related news, insider J Randall Data sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $215.37, for a total transaction 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 $8,188,367.40. The trade was a 23.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 3.32% of the stock is currently owned by corporate insiders.

Key Headlines Impacting SPX Technologies

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

• Positive Sentiment: Q4 results beat expectations — SPX reported $1.88 EPS vs. $1.86 consensus and revenue of $637.3M vs. $626M est.; revenue grew ~19.4% year-over-year and the company posted a 10.33% net margin and 18.68% ROE, signaling healthy profit conversion and strong top-line momentum. Earnings Snapshot / Call
• Neutral Sentiment: FY2026 guidance set to $7.60–$8.00 EPS (consensus ~7.69) and revenue guidance roughly $2.5B–$2.6B (in line with consensus). The EPS range overlaps Street estimates (limiting surprise), so guidance is supportive but not a clear upside catalyst. Press Release: Q4 & FY2025 Results
• Neutral Sentiment: Management materials available — earnings press release, slide deck and call transcript were published, giving investors detail on segment trends and margin drivers (useful for modeling, but no new surprises reported). Earnings Transcript

Hedge Funds Weigh In On SPX Technologies

Several institutional investors and hedge funds have recently made changes to their positions in SPXC. Pacer Advisors Inc. boosted its position in shares of SPX Technologies by 316.0% during the fourth quarter. Pacer Advisors Inc. now owns 10,770 shares of the company’s stock worth $2,155,000 after buying an additional 8,181 shares during the period. Cambient Family Office LLC bought a new stake in SPX Technologies in the 4th quarter valued at approximately $206,000. Compound Planning Inc. acquired a new position in SPX Technologies during the 4th quarter worth approximately $312,000. State of Tennessee Department of Treasury grew its stake in shares of SPX Technologies by 16.2% during the 4th quarter. State of Tennessee Department of Treasury now owns 25,370 shares of the company’s stock worth $5,287,000 after acquiring an additional 3,533 shares in the last quarter. Finally, Cim LLC grew its stake in shares of SPX Technologies by 550.6% during the 4th quarter. Cim LLC now owns 10,124 shares of the company’s stock worth $2,025,000 after acquiring an additional 8,568 shares in the last quarter. Institutional investors and hedge funds own 92.82% of the company’s stock.

About SPX Technologies

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.