V2X, Inc. $VVX Stake Boosted by Reinhart Partners LLC.

Reinhart Partners LLC. increased its position in shares of V2X, Inc. (NYSE:VVX) by 206.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 890,002 shares of the company’s stock after acquiring an additional 599,921 shares during the period. V2X comprises approximately 1.7% of Reinhart Partners LLC.’s portfolio, making the stock its 27th biggest holding. Reinhart Partners LLC. owned about 2.81% of V2X worth $51,701,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Ameritas Advisory Services LLC acquired a new position in V2X in the 2nd quarter worth about $25,000. Osaic Holdings Inc. lifted its holdings in shares of V2X by 140.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after buying an additional 623 shares during the last quarter. CWM LLC grew its stake in shares of V2X by 188.9% in the 3rd quarter. CWM LLC now owns 1,037 shares of the company’s stock valued at $60,000 after buying an additional 678 shares in the last quarter. New York State Teachers Retirement System acquired a new position in V2X in the second quarter worth approximately $73,000. Finally, Ameritas Investment Partners Inc. raised its position in V2X by 18.6% during the second quarter. Ameritas Investment Partners Inc. now owns 1,757 shares of the company’s stock valued at $85,000 after acquiring an additional 275 shares in the last quarter. Institutional investors and hedge funds own 95.18% of the company’s stock.

V2X Stock Up 0.8%

VVX stock opened at $67.83 on Friday. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 27.13, a price-to-earnings-growth ratio of 0.60 and a beta of 0.11. The company has a 50-day moving average of $56.53 and a two-hundred day moving average of $55.46. V2X, Inc. has a 52-week low of $41.08 and a 52-week high of $68.47. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.20 and a quick ratio of 1.20.

V2X (NYSE:VVX) last released its earnings results on Monday, November 3rd. The company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.13 billion. V2X had a return on equity of 15.22% and a net margin of 1.81%.The company’s revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.29 EPS. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. As a group, equities research analysts anticipate that V2X, Inc. will post 4.16 EPS for the current year.

Analyst Ratings Changes

Several analysts have commented on the stock. Citigroup boosted their target price on shares of V2X from $62.00 to $69.00 and gave the stock a “neutral” rating in a research report on Tuesday. Truist Financial reaffirmed a “hold” rating and issued a $65.00 price objective on shares of V2X in a research note on Wednesday. Royal Bank Of Canada increased their target price on shares of V2X from $54.00 to $60.00 and gave the stock a “sector perform” rating in a research report on Tuesday, November 4th. Stifel Nicolaus raised their target price on V2X from $63.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Finally, Zacks Research raised V2X from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $61.88.

Insiders Place Their Bets

In related news, major shareholder American Industrial Partners C sold 2,250,000 shares of the company’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $55.00, for a total transaction of $123,750,000.00. Following the completion of the transaction, the insider directly owned 5,750,001 shares in the company, valued at $316,250,055. This represents a 28.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Dino M. Cusumano sold 2,250,000 shares of the stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $55.00, for a total transaction of $123,750,000.00. Following the completion of the sale, the director directly owned 5,750,001 shares of the company’s stock, valued at approximately $316,250,055. This trade represents a 28.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 5,700,000 shares of company stock worth $313,560,000 in the last ninety days. 1.10% of the stock is currently owned by insiders.

About V2X

V2X, Inc provides critical mission solutions and support services to defense clients worldwide. It offers a suite of integrated solutions across the operations and logistics, aerospace, training, and technology markets to national security, defense, civilian, and international clients. The company was incorporated in 2014 and is headquartered in Mclean, Virginia.