Gradient Investments LLC Invests $820,000 in SPX Technologies, Inc. $SPXC

Posted by on Aug 10th, 2026

Gradient Investments LLC bought a new position in shares of SPX Technologies, Inc. (NYSE:SPXC – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,346 shares of the company’s stock, valued at approximately $820,000.

Other hedge funds have also recently bought and sold shares of the company. Capital International Investors bought a new position in shares of SPX Technologies during the 4th quarter worth about $307,494,000. First Trust Advisors LP increased its stake in SPX Technologies by 181.4% during the first quarter. First Trust Advisors LP now owns 1,362,871 shares of the company’s stock valued at $272,492,000 after acquiring an additional 878,494 shares during the period. Invesco Ltd. raised its holdings in SPX Technologies by 62.4% in the 3rd quarter. Invesco Ltd. now owns 1,879,216 shares of the company’s stock valued at $351,000,000 after acquiring an additional 722,039 shares in the last quarter. Norges Bank acquired a new stake in shares of SPX Technologies during the 4th quarter worth approximately $123,721,000. Finally, ArrowMark Colorado Holdings LLC bought a new stake in shares of SPX Technologies during the fourth quarter valued at approximately $34,898,000. 92.82% of the stock is owned by institutional investors.

SPX Technologies Price Performance

Shares of SPXC stock opened at $216.23 on Monday. SPX Technologies, Inc. has a 1 year low of $179.62 and a 1 year high of $251.08. 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 firm’s 50 day moving average is $224.68 and its 200-day moving average is $217.70. The firm has a market capitalization of $10.83 billion, a price-to-earnings ratio of 38.89, a PEG ratio of 1.41 and a beta of 1.27.

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

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of SPX Technologies from $260.00 to $270.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $250.00 price objective on shares of SPX Technologies in a report on Monday, August 3rd. Wolfe Research reissued an “outperform” rating and issued a $266.00 target price on shares of SPX Technologies in a report on Thursday, July 9th. B. Riley Financial boosted their price target on SPX Technologies from $280.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, Oppenheimer reiterated an “outperform” rating and set a $280.00 price objective (up from $272.00) on shares of SPX Technologies in a research note on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $266.67.

Check Out Our Latest Analysis on SPXC

About SPX Technologies

(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.

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Institutional Ownership by Quarter for SPX Technologies (NYSE:SPXC)

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