SPX Technologies (NYSE:SPXC) Stock Sold Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of SPX Technologies, Inc. (NYSE:SPXC). In a filing disclosed on September 04th, the Representative disclosed that they had sold between $1,001 and $15,000 in SPX Technologies stock on July 16th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
• Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
• Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
• Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
• Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.

SPX Technologies Price Performance

Shares of SPXC stock traded up $2.26 during trading hours on Tuesday, hitting $198.63. The stock had a trading volume of 123,099 shares, compared to its average volume of 550,531. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.82 and a quick ratio of 1.21. The stock has a market capitalization of $9.95 billion, a price-to-earnings ratio of 35.68, a PEG ratio of 1.28 and a beta of 1.27. SPX Technologies, Inc. has a one year low of $179.62 and a one year high of $251.08. The stock’s 50-day moving average price is $212.27 and its two-hundred day moving average price is $215.29.

SPX Technologies (NYSE:SPXC) last announced its quarterly earnings results on Thursday, July 30th. The company reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.85 by $0.17. The company had revenue of $679.00 million during the quarter, compared to analyst estimates of $640.18 million. SPX Technologies had a return on equity of 16.53% and a net margin of 11.27%.The firm’s revenue was up 22.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.65 earnings per share. SPX Technologies has set its FY 2026 guidance at 8.200-8.600 EPS. Equities analysts forecast that SPX Technologies, Inc. will post 8.47 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SPXC. Wolfe Research reaffirmed an “outperform” rating and set a $266.00 price target on shares of SPX Technologies in a research note on Thursday, July 9th. Weiss Ratings upgraded shares of SPX Technologies from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. Wall Street Zen raised shares of SPX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Oppenheimer reissued an “outperform” rating and issued a $280.00 price objective (up from $272.00) on shares of SPX Technologies in a research report on Monday, July 20th. Finally, Truist Financial restated a “buy” rating and issued a $301.00 target price (up from $295.00) on shares of SPX Technologies in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $266.67.

Hedge Funds Weigh In On SPX Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the company. Group One Trading LLC bought a new stake in shares of SPX Technologies in the second quarter valued at about $32,000. Hazlett Burt & Watson Inc. increased its position in SPX Technologies by 56.7% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 235 shares of the company’s stock valued at $47,000 after purchasing an additional 85 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in SPX Technologies during the 2nd quarter valued at about $47,000. Hantz Financial Services Inc. raised its holdings in shares of SPX Technologies by 21.4% in the 4th quarter. Hantz Financial Services Inc. now owns 255 shares of the company’s stock valued at $51,000 after purchasing an additional 45 shares in the last quarter. Finally, Summit Securities Group LLC purchased a new stake in shares of SPX Technologies in the 1st quarter worth approximately $51,000. Institutional investors own 92.82% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

SPX Technologies Company 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.