As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at gas and liquid handling stocks, starting with SPX Technologies (NYSE: SPXC).
Gas and liquid handling companies possess the technical know-how and specialized equipment to handle valuable (and sometimes dangerous) substances. Lately, water conservation and carbon capture–which requires hydrogen and other gasses as well as specialized infrastructure–have been trending up, creating new demand for products such as filters, pumps, and valves. On the other hand, gas and liquid handling companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies’ offerings.
The 12 gas and liquid handling stocks we track reported a satisfactory Q1. As a group, revenues beat analysts’ consensus estimates by 1.3% while next quarter’s revenue guidance was 4.8% above.
In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results.
SPX Technologies (NYSE: SPXC)
With roots dating back to 1912 as the Piston Ring Company, SPX Technologies (NYSE: SPXC) supplies specialized infrastructure equipment for HVAC systems and detection and measurement applications across industrial, commercial, and utility markets.
SPX Technologies reported revenues of $566.8 million, up 17.4% year on year. This print exceeded analysts’ expectations by 1.4%. Overall, it was a very strong quarter for the company with a solid beat of analysts’ EBITDA estimates and full-year revenue guidance slightly topping analysts’ expectations.
SPX Technologies scored the highest full-year guidance raise in the group. The results were likely priced in, however, and the stock is flat since reporting. It currently trades at $217.46.
Best Q1: Gorman-Rupp (NYSE: GRC)
Powering fluid dynamics since 1934, Gorman-Rupp (NYSE: GRC) has evolved from its Ohio origins into a global manufacturer and seller of pumps and pump systems.
Gorman-Rupp reported revenues of $176.6 million, up 7.7% year on year, outperforming analysts’ expectations by 3.5%. The business had an incredible quarter with a beat of analysts’ EPS and EBITDA estimates.
The market seems happy with the results as the stock is up 19.7% since reporting. It currently trades at $79.25.
Is now the time to buy Gorman-Rupp? Access our full analysis of the earnings results here, it’s free.
Weakest Q1: Graco (NYSE: GGG)
Founded in 1926, Graco (NYSE: GGG) is an industrial company specializing in the development and manufacturing of fluid-handling systems and products.
Graco reported revenues of $540.1 million, up 2.2% year on year, falling short of analysts’ expectations by 3.9%. It was a disappointing quarter as it posted a significant miss of analysts’ EPS estimates.
As expected, the stock is down 14.1% since the results and currently trades at $73.51.
Read our full analysis of Graco’s results here.
ITT (NYSE: ITT)
Playing a crucial role in the development of the first transatlantic television transmission in 1956, ITT (NYSE: ITT) provides motion and fluid handling equipment for various industries.
ITT reported revenues of $1.21 billion, up 32.7% year on year. This print topped analysts’ expectations by 9.8%. Overall, it was an exceptional quarter as it also put up a beat of analysts’ EPS estimates and full-year EPS guidance slightly topping analysts’ expectations.
ITT pulled off the biggest analyst estimate beat and fastest revenue growth of the whole group. The stock is down 8.8% since reporting and currently trades at $194.08.
Read our full, actionable report on ITT here, it’s free.
Helios (NYSE: HLIO)
Founded on the principle of treating others as one wants to be treated, Helios (NYSE: HLIO) designs, manufactures, and sells motion and electronic control components for various sectors.
Helios reported revenues of $228.4 million, up 16.8% year on year. This number surpassed analysts’ expectations by 3.7%. It was a very strong quarter as it also logged EPS guidance for next quarter exceeding analysts’ expectations and revenue guidance for next quarter exceeding analysts’ expectations.
Helios scored the highest guidance raise but had the weakest full-year guidance update among its peers. The stock is up 18.3% since reporting and currently trades at $80.44.
Read our full, actionable report on Helios here, it’s free.
Market Update
Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership.
Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products.
By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals.
Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
