SPX CorpSPXC
About: SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company through two reportable segments. The HVAC segment which generates the majority of the revenue for the company, designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The detection and measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. Geographically, the company has its operations in the United States, Canada, China, the United Kingdom, and Others.
Employees: 4,300
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
170% more call options, than puts
Call options by funds: $3.86M | Put options by funds: $1.43M
97% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 36
8% more funds holding
Funds holding: 367 [Q4 2024] → 396 (+29) [Q1 2025]
8% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 131
1.37% less ownership
Funds ownership: 93.12% [Q4 2024] → 91.76% (-1.37%) [Q1 2025]
13% less capital invested
Capital invested by funds: $6.28B [Q4 2024] → $5.48B (-$801M) [Q1 2025]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 2 (-1) [Q1 2025]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Oppenheimer Bryan Blair | 16%upside $197 | Outperform Maintained | 8 Jul 2025 |
UBS Damian Karas | 7%upside $182 | Buy Upgraded | 2 Jun 2025 |
B. Riley Securities Jeff Van Sinderen | 14%upside $195 | Buy Initiated | 15 May 2025 |
Financial journalist opinion
