UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Holdings in SPX Technologies, Inc. $SPXC

Posted by Brian Himes on Sep 4th, 2026

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of SPX Technologies, Inc. (NYSE:SPXC – Free Report) by 14.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,589 shares of the company’s stock after buying an additional 15,524 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.24% of SPX Technologies worth $29,810,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPXC. BlackRock Inc. acquired a new position in SPX Technologies during the 2nd quarter worth $1,189,365,000. Jupiter Topco LLC acquired a new stake in shares of SPX Technologies in the 2nd quarter valued at about $465,593,000. Invesco Ltd. lifted its position in shares of SPX Technologies by 62.4% during the third quarter. Invesco Ltd. now owns 1,879,216 shares of the company’s stock worth $351,000,000 after purchasing an additional 722,039 shares during the last quarter. Capital International Investors acquired a new position in SPX Technologies in the fourth quarter worth about $307,494,000. Finally, First Trust Advisors LP increased its holdings in SPX Technologies by 181.4% in the first quarter. First Trust Advisors LP now owns 1,362,871 shares of the company’s stock valued at $272,492,000 after buying an additional 878,494 shares during the last quarter. Institutional investors own 92.82% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Zacks Research upgraded SPX Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 4th. Wells Fargo & Company restated an “overweight” rating and set a $250.00 price objective on shares of SPX Technologies in a research note on Monday, August 3rd. Oppenheimer reaffirmed an “outperform” rating and issued a $280.00 price objective (up from $272.00) on shares of SPX Technologies in a report on Monday, July 20th. Wolfe Research reissued an “outperform” rating and set a $266.00 target price on shares of SPX Technologies in a report on Thursday, July 9th. Finally, Wall Street Zen upgraded shares of SPX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $266.67.

Read Our Latest Stock Analysis on SPXC

SPX Technologies Trading Up 0.6%

Shares of NYSE SPXC opened at $194.34 on Friday. SPX Technologies, Inc. has a 12-month low of $179.62 and a 12-month high of $251.08. The company has a market cap of $9.73 billion, a price-to-earnings ratio of 34.95, a price-to-earnings-growth ratio of 1.26 and a beta of 1.27. The company has a current ratio of 1.82, a quick ratio of 1.21 and a debt-to-equity ratio of 0.23. The stock’s 50 day simple moving average is $213.82 and its 200 day simple moving average is $215.91.

SPX Technologies (NYSE:SPXC – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.85 by $0.17. SPX Technologies had a return on equity of 16.53% and a net margin of 11.27%.The firm had revenue of $679.00 million for the quarter, compared to analyst estimates of $640.18 million. During the same period last year, the company earned $1.65 earnings per share. The firm’s revenue for the quarter was up 22.9% on a year-over-year basis. SPX Technologies has set its FY 2026 guidance at 8.200-8.600 EPS. Equities research analysts expect that SPX Technologies, Inc. will post 8.47 EPS for the current year.

SPX Technologies Company Profile

(Free Report)

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.