Rep. Gilbert Ray Cisneros, Jr. Sells Off SPX Technologies, Inc. (NYSE:SPXC) Shares

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 Stock Performance

Shares of SPX Technologies stock opened at $196.27 on Tuesday. SPX Technologies, Inc. has a 12 month low of $179.62 and a 12 month high of $251.08. The company has a quick ratio of 1.21, a current ratio of 1.82 and a debt-to-equity ratio of 0.23. The stock has a market cap of $9.83 billion, a PE ratio of 35.30, a price-to-earnings-growth ratio of 1.28 and a beta of 1.27. The business has a fifty day simple moving average of $212.27 and a 200-day simple moving average of $215.29.

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

Institutional Trading of SPX Technologies

A number of institutional investors have recently added to or reduced their stakes in SPXC. Hantz Financial Services Inc. raised its holdings in shares of SPX Technologies by 21.4% during 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. Lido Advisors LLC increased its position in SPX Technologies by 1.6% during the fourth quarter. Lido Advisors LLC now owns 3,104 shares of the company’s stock worth $586,000 after buying an additional 50 shares during the last quarter. Intrust Bank NA raised its holdings in SPX Technologies by 3.6% during the fourth quarter. Intrust Bank NA now owns 1,660 shares of the company’s stock valued at $332,000 after buying an additional 58 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its position in shares of SPX Technologies by 4.4% in the first quarter. Fifth Third Wealth Advisors LLC now owns 1,431 shares of the company’s stock worth $286,000 after buying an additional 60 shares during the last quarter. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of SPX Technologies by 7.1% during the 4th quarter. CIBC Private Wealth Group LLC now owns 941 shares of the company’s stock valued at $188,000 after acquiring an additional 62 shares during the last quarter. 92.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on SPXC shares. Wall Street Zen raised shares of SPX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Wolfe Research reiterated an “outperform” rating and issued a $266.00 target price on shares of SPX Technologies in a research report on Thursday, July 9th. Zacks Research raised shares of SPX Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. Oppenheimer restated an “outperform” rating and set a $280.00 price target (up from $272.00) on shares of SPX Technologies in a report on Monday, July 20th. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $250.00 price objective on shares of SPX Technologies in a report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, SPX Technologies currently has a consensus rating of “Buy” and a consensus price target of $266.67.

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.

About SPX Technologies

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.