Thompson Rubinstein Investment Management Inc. OR held its position in SPX Corp (NASDAQ:SPXC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 37,727 shares of the company’s stock at the end of the second quarter. Thompson Rubinstein Investment Management Inc. OR owned 0.09% of SPX Corp worth $949,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Teachers Retirement System of The State of Kentucky raised its position in shares of SPX Corp by 58.7% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 14,600 shares of the company’s stock worth $354,000 after buying an additional 5,400 shares in the last quarter. Credit Suisse AG raised its position in shares of SPX Corp by 66.5% in the first quarter. Credit Suisse AG now owns 110,675 shares of the company’s stock worth $2,683,000 after buying an additional 44,219 shares in the last quarter. Paloma Partners Management Co purchased a new position in shares of SPX Corp during the first quarter worth approximately $782,000. Gotham Asset Management LLC raised its position in shares of SPX Corp by 2.0% in the first quarter. Gotham Asset Management LLC now owns 314,172 shares of the company’s stock worth $7,619,000 after buying an additional 6,125 shares in the last quarter. Finally, Highbridge Capital Management LLC purchased a new position in shares of SPX Corp during the first quarter worth approximately $1,038,000.

Shares of SPX Corp (SPXC) traded up 0.83% during trading on Monday, reaching $27.80. 193,265 shares of the company’s stock were exchanged. The firm’s market capitalization is $1.18 billion. SPX Corp has a 52-week low of $14.43 and a 52-week high of $28.93. The company has a 50 day moving average of $25.46 and a 200 day moving average of $24.78.

SPX Corp (NASDAQ:SPXC) last posted its quarterly earnings data on Thursday, May 4th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.11. The business had revenue of $340.60 million during the quarter, compared to the consensus estimate of $320.94 million. SPX Corp had a net margin of 3.02% and a return on equity of 20.52%. During the same period in the prior year, the firm earned $0.09 EPS. Equities analysts anticipate that SPX Corp will post $1.69 earnings per share for the current fiscal year.

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Separately, Zacks Investment Research lowered shares of SPX Corp from a “buy” rating to a “hold” rating in a report on Thursday, July 6th.

About SPX Corp

SPX Corporation is a global supplier of infrastructure equipment. The Company operates through three segments: HVAC; Detection and Measurement, and Engineered Solutions. The HVAC solutions offered by its businesses include package cooling towers, residential and commercial boilers, heating and ventilation products.

Institutional Ownership by Quarter for SPX Corp (NASDAQ:SPXC)

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