SPXC SPX Corp

This article analyzes whether SPX Technologies (SPXC) has outperformed its Construction peers this year. It finds that SPX Technologies has returned 43.3% year-to-date, significantly outperforming the Construction group's average of 4.5%. Sterling Infrastructure (STRL) is also highlighted for its strong performance, returning 87.9% year-to-date.

Harbor Capital Advisors Inc. reduced its stake in SPX Technologies, Inc. by 71.4% in the third quarter, selling 6,794 shares and retaining 2,727 shares valued at $509,000. Additionally, two insiders, J. Randall Data and John W. Swann III, executed significant share sales. Despite these insider sales, SPX Technologies beat quarterly earnings estimates and received a consensus "Moderate Buy" rating from analysts with an average target price of $214.14.

Corient Private Wealth LLC significantly reduced its stake in SPX Technologies Inc. by 80.3% in Q2, selling over 22,000 shares. Despite this, other institutions like Norges Bank and Invesco Ltd. either initiated new positions or substantially increased their holdings, highlighting continued institutional interest with 92.82% ownership. SPX Technologies recently surpassed earnings and revenue estimates and holds a "Moderate Buy" consensus rating from analysts with a price target of $214.14.

SPX Technologies (SPXC) experienced stock volatility on December 19, 2025, despite strong yearly performance, largely influenced by its acquisition of Crawford United's commercial air-handling segment for $300 million. This strategic move aligns with SPX's focus on engineered HVAC solutions and has led analysts to raise price targets and positively revise earnings estimates. The company also reported strong Q3 2025 earnings and raised its full-year profitability guidance, reinforcing its position as a "high-quality industrial compounder" despite a premium valuation.

Assenagon Asset Management S.A. significantly increased its holdings in SPX Technologies, Inc. (NYSE:SPXC) by 37.5%, now owning 231,673 shares worth approximately $43.27 million. This move comes as institutional investors collectively own 92.82% of the company, while two insiders recently made substantial sales. SPX Technologies reported strong quarterly earnings, beating expectations, and provided encouraging FY2025 guidance.

Thurston Springer Miller Herd & Titak Inc. significantly reduced its stake in SPX Technologies, Inc. by 89.6% in the third quarter of 2025, selling 6,061 shares and retaining 700. This institutional sell-off was mirrored by large insider sales from J. Randall Data and John W. Swann III, who reduced their positions by 23.99% and 37.62% respectively. Despite these sales, SPX Technologies reported a Q3 earnings beat and provided strong FY2025 guidance, with analysts holding a "Moderate Buy" consensus rating for the company.