Eugene Joseph  Lowe, III net worth and biography

Eugene Lowe, III Biography and Net Worth

President & CEO of SPX Technologies
Eugene J. Lowe, III was named President and Chief Executive Officer of SPX in 2015. In this leadership role, he is responsible for driving the company’s overall growth and profitability as a diversified, global supplier of infrastructure equipment focused on the key segments of HVAC and detection and measurement. Gene joined SPX in 2008, holding multiple strategic leadership positions, most recently as the President of SPX’s former Thermal Equipment and Services segment. His tenure at SPX also includes roles leading the Evaporative Cooling business and the marketing, strategy and business development functions within the former Thermal segment where he focused on driving differentiation through technology innovation and operational initiatives. Prior to joining SPX, Gene held positions with Milliken & Company, Bain & Company, and Lazard Technology Partners. Gene earned his MBA with distinguished honors from Dartmouth’s Tuck School of Business and his B.S. in management science from Virginia Polytechnic Institute and State University.

What is Eugene Joseph Lowe, III's net worth?

The estimated net worth of Eugene Joseph Lowe, III is at least $111.17 million as of March 4th, 2024. Mr. Lowe, III owns 667,045 shares of SPX Technologies stock worth more than $111,169,720 as of November 21st. This net worth evaluation does not reflect any other investments that Mr. Lowe, III may own. Learn More about Eugene Joseph Lowe, III's net worth.

How do I contact Eugene Joseph Lowe, III?

The corporate mailing address for Mr. Lowe, III and other SPX Technologies executives is 6325 ARDREY KELL ROAD SUITE 400, CHARLOTTE NC, 28277. SPX Technologies can also be reached via phone at (980) 474-3700 and via email at [email protected]. Learn More on Eugene Joseph Lowe, III's contact information.

Has Eugene Joseph Lowe, III been buying or selling shares of SPX Technologies?

Eugene Joseph Lowe, III has not been actively trading shares of SPX Technologies during the past quarter. Most recently, Eugene Joseph Lowe III sold 35,000 shares of the business's stock in a transaction on Monday, March 4th. The shares were sold at an average price of $115.34, for a transaction totalling $4,036,900.00. Following the completion of the sale, the chief executive officer now directly owns 667,045 shares of the company's stock, valued at $76,936,970.30. Learn More on Eugene Joseph Lowe, III's trading history.

Who are SPX Technologies' active insiders?

SPX Technologies' insider roster includes J. Data (Insider), Eugene Lowe, III (President & CEO), Brian Mason (Insider), John Nurkin (VP), Michael Reilly (CAO), John Swann, III (Insider), and NaTausha White (VP). Learn More on SPX Technologies' active insiders.

Are insiders buying or selling shares of SPX Technologies?

During the last year, insiders at the sold shares 4 times. They sold a total of 133,785 shares worth more than $16,633,138.97. The most recent insider tranaction occured on June, 24th when insider J Randall Data sold 39,412 shares worth more than $5,670,992.68. Insiders at SPX Technologies own 3.5% of the company. Learn More about insider trades at SPX Technologies.

Information on this page was last updated on 6/24/2024.

Eugene Joseph Lowe, III Insider Trading History at SPX Technologies

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/4/2024Sell35,000$115.34$4,036,900.00667,045View SEC Filing Icon  
3/1/2024Sell27,048$115.48$3,123,503.04597,936View SEC Filing Icon  
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Eugene Joseph Lowe, III Buying and Selling Activity at SPX Technologies

This chart shows Eugene Joseph Lowe III's buying and selling at SPX Technologies by year and by quarter.

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SPX Technologies Company Overview

SPX Technologies logo
SPX Technologies, Inc. supplies 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 package and process cooling products and engineered air movement solutions for the HVAC industrial and power generation markets, as well as boilers, heating, and ventilation products for the residential and commercial markets. It offers its products under the Marley, Recold, SGS, Cincinnati Fan, TAMCO, Ingénia, 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, and 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 brands; 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, as well as direct to customers. 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.
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Today's Range

Now: $166.66
Low: $163.41
High: $168.23

50 Day Range

MA: $160.86
Low: $142.79
High: $171.77

2 Week Range

Now: $166.66
Low: $83.98
High: $173.30

Volume

133,637 shs

Average Volume

254,429 shs

Market Capitalization

$7.73 billion

P/E Ratio

44.80

Dividend Yield

N/A

Beta

1.22