SPX Technologies, Inc. (SPXC)

SPX Technologies' stock has experienced several notable events over the past six months. The company reported strong Q3 2025 results, exceeding analyst expectations and raising its full-year guidance. Several financial institutions provided ratings and price targets for SPXC. SPX Technologies agreed to acquire Crawford United, expanding its HVAC segment. An insider sold shares of SPXC stock. Daniel Whitman was appointed as Vice President, General Counsel & Secretary. The stock has shown a 55.43% increase over the last year.

SPX Technologies operates in the HVAC and Detection & Measurement markets. The HVAC market can experience seasonality, with demand for heating products peaking in colder months and cooling products in warmer months. The Detection & Measurement segment may have more consistent demand throughout the year. SPX Technologies' focus on recurring revenue streams and strong aftermarket opportunities suggests a degree of stability in demand.

SPX Technologies, Inc. is a diversified global supplier of engineered products and technologies, primarily serving the HVAC and Detection and Measurement markets. Headquartered in Charlotte, North Carolina, it operates within the Industrials sector. The HVAC segment offers climate control solutions, including cooling equipment and residential/commercial boilers. The Detection and Measurement segment focuses on technologies that enhance safety, efficiency, and accuracy across various industries.

SPX Technologies has a significant global presence, operating in more than 16 countries and maintaining a sales presence in 100 countries. The company employs approximately 4,300 to 4,400 people worldwide, catering to multiple industries across Europe, the Middle East, Africa, the Americas, and Asia Pacific.

SPX Technologies maintains a strong brand reputation, emphasizing ethics, compliance, and teamwork. The company is recognized for its reliable products, technical expertise, and commitment to providing essential solutions. SPX Technologies has made progress on sustainability metrics and introduced a supplier code of conduct. Strategic acquisitions have enhanced its HVAC and Detection & Measurement segments. Innovation and product development have enhanced customer efficiency and sustainability. Consistent strong quarterly results and raised full-year guidance reflect confidence in its operational capabilities and market positioning.

SPX Technologies is primarily owned by institutional shareholders, who hold approximately 83.9% to 93.70% of the company's stock. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, IJR - iShares Core S&P Small-Cap ETF, Invesco Ltd., State Street Corp, Capital World Investors, Geode Capital Management, Llc, and T. Rowe Price Investment Management, Inc. Relational Investors LLC is a significant individual shareholder. Insiders collectively own approximately 12.95% of the company.