Sifting through countless of stocks in the Machinery industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in SPX Technologies, Inc. or Parker-Hannifin Corporation because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how SPX Technologies, Inc. and Parker-Hannifin Corporation compare based on key financial metrics to determine which better meets your investment needs.

About SPX Technologies, Inc. and Parker-Hannifin Corporation

SPX Technologies, Inc. engages in the supply of infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets worldwide. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services cooling products and engineered air movement and handling solutions for the HVAC industrial, commercial, data center, and power generation markets, as well as heating and ventilation products for the residential, industrial, and commercial markets. It offers its cooling products under the Marley, Recold, SGS, Cincinnati Fan, TAMCO, and Ingénia names; and heating products under the Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, Williamson-Thermoflo, INDEECO, Heatrex, AccuTherm, Brasch, Spectrum, BannerDay PipeHeating, and Solar Products brands. The Detection and Measurement segment offers underground pipe and cable locators; inspection and rehabilitation equipment; robotic systems under the Radiodetection, Pearpoint, Schonstedt, Dielectric, Riser Bond, Cues, ULC Robotics, and Sensors & Software brands; transportation systems under the Genfare brand; communication technologies products under the TCI and ECS brand names; and obstruction lighting products under the Flash Technology, ITL, Sabik Marine, Sealite, and Avlite brands. The company markets its products through independent manufacturing representatives, third-party distributors, and retailers. The company was formerly known as SPX Corporation and changed its name to SPX Technologies, Inc. in August 2022. SPX Technologies, Inc. was founded in 1912 and is headquartered in Charlotte, North Carolina

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for aerospace and defense, in-plant and industrial equipment, transportation, off-highway, energy, and HVAC and refrigeration markets in North America, Europe, Asia Pacific, and Latin America. The company operates through two segments: Diversified Industrial and Aerospace Systems. It offers various motion-control systems and components, such as active and passive vibration control, high purity sealing, coatings, high temperature sealing, cryogenic valves and fittings, HVAC/R controls and monitoring, elastomeric, fabric reinforced, metal, precision cut seals, hydrogen and natural gas filters, electric and hydraulic pumps and motors, industrial air, gas filtration, electric and hydraulic valves, miniature pumps and valves, electromagnetic interface shielding, pneumatic actuators, regulators and valves, electromechanical and hydraulic actuators, power take offs, electronics, drives and controllers, process filtration solutions, engine filtration solutions, rubber to substrate adhesives, fluid condition monitoring, sensors and diagnostics, fluid conveyance hose and tubing, structural adhesives, high pressure connectors, fittings, valves and regulators, thermal management, high purity fittings. The company also provides products for use in commercial and defense airframe and engine programs, such as avionics, electric and hydraulic braking systems, electric power, electromechanical actuators, engine exhaust systems and components, fire detection and suppression, flight control systems, fluid conveyance, fuel systems and components, fuel tank inserting systems, hydraulic pumps and motors, hydraulic valves and actuators, pneumatics, seals, sensors, and thermal management products. The company sells its products to original equipment manufacturers, distributors, direct-sales employees. Parker-Hannifin Corporation was founded in 1917 and is headquartered in Cleveland, Ohio.

Latest Machinery and SPX Technologies, Inc., Parker-Hannifin Corporation Stock News

As of November 28, 2025, SPX Technologies, Inc. had a $10.7 billion market capitalization, compared to the Machinery median of $2.9 million. SPX Technologies, Inc.’s stock is up 47.8% in 2025, up 7.9% in the previous five trading days and up 18.58% in the past year.

Currently, SPX Technologies, Inc.’s price-earnings ratio is 45.8. SPX Technologies, Inc.’s trailing 12-month revenue is $2.2 billion with a 10.3% net profit margin. Year-over-year quarterly sales growth most recently was 22.6%. Analysts expect adjusted earnings to reach $6.742 per share for the current fiscal year. SPX Technologies, Inc. does not currently pay a dividend.

As of November 28, 2025, Parker-Hannifin Corporation had a $108.7 billion market cap, putting it in the 97th percentile of all stocks. Parker-Hannifin Corporation’s stock is up 35.5% in 2025, up 5.2% in the previous five trading days and up 22.33% in the past year.

Currently, Parker-Hannifin Corporation’s price-earnings ratio is 30.7. Parker-Hannifin Corporation’s trailing 12-month revenue is $20.0 billion with a 18.2% net profit margin. Year-over-year quarterly sales growth most recently was 3.7%. Analysts expect adjusted earnings to reach $30.287 per share for the current fiscal year. Parker-Hannifin Corporation currently has a 0.8% dividend yield.

How We Compare SPX Technologies, Inc. and Parker-Hannifin Corporation Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at SPX Technologies, Inc. and Parker-Hannifin Corporation’s stock grades to see how they measure up against one another.

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SPX Technologies, Inc. and Parker-Hannifin Corporation Stock Value Grades

Company	Ticker	Value
SPX Technologies, Inc.	SPXC	F
Parker-Hannifin Corporation	PH	F

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

SPX Technologies, Inc. has a Value Score of 11, which is Ultra Expensive. Parker-Hannifin Corporation has a Value Score of 18, which is Ultra Expensive.

The Value Stock Winner: No Clear Winner

Neither SPX Technologies, Inc. or Parker-Hannifin Corporation has a high enough value grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolio. It’s important to look at a wide range of financial metrics in order to determine if SPX Technologies, Inc. or Parker-Hannifin Corporation is the better investment when it comes to value.

SPX Technologies, Inc. and Parker-Hannifin Corporation’s Momentum Grades

Company	Ticker	Momentum
SPX Technologies, Inc.	SPXC	B
Parker-Hannifin Corporation	PH	B

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

SPX Technologies, Inc. has a Momentum Score of 71, which is Strong. Parker-Hannifin Corporation has a Momentum Score of 69, which is Strong.

The Momentum Grade Winner: It’s a Tie!

Looking at the Momentum Grade breakdown above, both SPX Technologies, Inc. and Parker-Hannifin Corporation have a grade of B. For those who focus solely on a company’s momentum, further research will need to be conducted into both companies to see if they fit your individual needs as an investor.

SPX Technologies, Inc. and Parker-Hannifin Corporation’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
SPX Technologies, Inc.	SPXC	B
Parker-Hannifin Corporation	PH	A

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

SPX Technologies, Inc. has a Earnings Estimate Score of 78, which is Positive. Parker-Hannifin Corporation has a Earnings Estimate Score of 81, which is Very Positive.

The Earnings Estimate Revisions Grade Winner: Parker-Hannifin Corporation

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, Parker-Hannifin Corporation has a better Earnings Estimate Revisions Grade than SPX Technologies, Inc.. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, Parker-Hannifin Corporation could be a good stock to invest in. However, it’s important to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other SPX Technologies, Inc. and Parker-Hannifin Corporation Grades

In addition to Estimate Revisions, Momentum and Value, A+ Investor also provides grades for Growth and Quality.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the quality grade is the percentile rank of the composite of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F-Score.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether SPX Technologies, Inc. and Parker-Hannifin Corporation pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, SPX Technologies, Inc. or Parker-Hannifin Corporation Stock?

Overall, SPX Technologies, Inc. stock has a Value Score of 11, Momentum Score of 71 and Estimate Revisions Score of 78.

Parker-Hannifin Corporation stock has a Value Score of 18, Momentum Score of 69 and Estimate Revisions Score of 81.

Comparing SPX Technologies, Inc. and Parker-Hannifin Corporation’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.