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 generates majority of its revenue in the United States and rest from China, United Kingdom and other regions.
Employees: 4,100
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
66% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 32
6% more capital invested
Capital invested by funds: $6.29B [Q2] → $6.68B (+$390M) [Q3]
6% more funds holding
Funds holding: 347 [Q2] → 368 (+21) [Q3]
6% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 134
3.45% less ownership
Funds ownership: 93.98% [Q2] → 90.52% (-3.45%) [Q3]
21% less call options, than puts
Call options by funds: $5.49M | Put options by funds: $6.92M
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wolfe Research Brad Hewitt 0% 1-year accuracy 0 / 1 met price target | 39%upside $199 | Outperform Initiated | 25 Nov 2024 |
Financial journalist opinion
