Conestoga Capital Advisors LLC Sells 18,386 Shares of SPX Technologies, Inc. $SPXC

Conestoga Capital Advisors LLC lessened its stake in shares of SPX Technologies, Inc. (NYSE:SPXC) by 2.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 758,400 shares of the company’s stock after selling 18,386 shares during the period. SPX Technologies accounts for about 2.6% of Conestoga Capital Advisors LLC’s portfolio, making the stock its 14th biggest position. Conestoga Capital Advisors LLC’s holdings in SPX Technologies were worth $151,726,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hazlett Burt & Watson Inc. bought a new position in shares of SPX Technologies during the 3rd quarter worth about $28,000. Cullen Frost Bankers Inc. boosted its position in shares of SPX Technologies by 52.9% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 156 shares of the company’s stock worth $29,000 after purchasing an additional 54 shares in the last quarter. Optiver Holding B.V. boosted its position in shares of SPX Technologies by 110.5% during the 3rd quarter. Optiver Holding B.V. now owns 160 shares of the company’s stock worth $30,000 after purchasing an additional 84 shares in the last quarter. Financial Consulate Inc. bought a new position in shares of SPX Technologies during the 3rd quarter worth about $34,000. Finally, Ares Financial Consulting LLC bought a new position in shares of SPX Technologies during the 4th quarter worth about $37,000. Institutional investors own 92.82% of the company’s stock.

SPX Technologies News Roundup

Here are the key news stories impacting SPX Technologies this week:

• Positive Sentiment: Q1 results topped expectations — EPS of $1.69 beat the $1.55 consensus and revenue of $566.8M exceeded estimates; revenue was up ~17.4% year‑over‑year, signaling continued demand and margin expansion. Read More.
• Positive Sentiment: Profitability metrics were solid — net margin (~10.8%) and ROE (~17.8%) underline operational strength that supports earnings durability. Read More.
• Positive Sentiment: An analyst (Truist) raised its price target (to $251 from $244), which can boost investor sentiment and implied upside. Read More.
• Neutral Sentiment: Management provided FY‑2026 revenue guidance roughly in line with consensus (around $2.6B), so top‑line expectations are steady rather than surprising. Read More.
• Neutral Sentiment: Full earnings call transcript and materials are available for detail on segment trends, bookings and margin drivers — useful for investors who want to validate sustainability of growth. Read More.
• Negative Sentiment: FY‑2026 EPS guidance of $7.75–$8.15 is slightly around (and can be marginally below) the Street midpoint (consensus ~7.87), which could temper upside if investors were expecting a higher beat‑and‑raise. Read More.

SPX Technologies Price Performance

Shares of NYSE SPXC opened at $218.93 on Friday. SPX Technologies, Inc. has a fifty-two week low of $134.27 and a fifty-two week high of $246.68. The stock has a market cap of $10.99 billion, a price-to-earnings ratio of 43.70, a PEG ratio of 1.62 and a beta of 1.34. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.82 and a current ratio of 2.48. The firm’s 50-day simple moving average is $212.45 and its 200 day simple moving average is $211.55.

SPX Technologies (NYSE:SPXC) last posted its earnings results on Thursday, April 30th. The company reported $1.69 EPS for the quarter, topping the consensus estimate of $1.55 by $0.14. SPX Technologies had a net margin of 10.77% and a return on equity of 17.82%. The firm had revenue of $566.80 million for the quarter, compared to analysts’ expectations of $557.62 million. During the same quarter last year, the firm earned $1.38 EPS. The company’s quarterly revenue was up 17.4% compared to the same quarter last year. SPX Technologies has set its FY 2026 guidance at 7.750-8.150 EPS. As a group, research analysts anticipate that SPX Technologies, Inc. will post 7.79 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on SPXC. Truist Financial raised their price target on shares of SPX Technologies from $244.00 to $251.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Wall Street Zen cut shares of SPX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. BMO Capital Markets began coverage on shares of SPX Technologies in a research report on Friday, March 27th. They issued an “outperform” rating and a $243.00 price target on the stock. Oppenheimer raised their price target on shares of SPX Technologies from $240.00 to $272.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. Finally, Wells Fargo & Company dropped their price target on shares of SPX Technologies from $270.00 to $225.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Nine research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $245.56.

SPX Technologies Profile

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.