SG Americas Securities LLC trimmed its holdings in V2X, Inc. (NYSE:VVX – Free Report) by 40.8% in the first quarter, HoldingsChannel.com reports. The firm owned 11,215 shares of the company’s stock after selling 7,724 shares during the quarter. SG Americas Securities LLC’s holdings in V2X were worth $768,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP raised its position in V2X by 842.1% during the 3rd quarter. Wellington Management Group LLP now owns 803,517 shares of the company’s stock worth $46,676,000 after buying an additional 718,225 shares during the last quarter. Boston Partners increased its position in shares of V2X by 5,323.3% in the third quarter. Boston Partners now owns 553,235 shares of the company’s stock valued at $32,139,000 after buying an additional 543,034 shares in the last quarter. Reinhart Partners LLC. raised its stake in shares of V2X by 60.6% during the 4th quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock worth $77,964,000 after buying an additional 539,209 shares during the last quarter. William Blair Investment Management LLC purchased a new stake in shares of V2X in the 4th quarter worth about $25,685,000. Finally, Bank of America Corp DE grew its stake in V2X by 727.4% in the 3rd quarter. Bank of America Corp DE now owns 466,863 shares of the company’s stock valued at $27,120,000 after acquiring an additional 410,438 shares during the last quarter. Hedge funds and other institutional investors own 95.18% of the company’s stock.
Analysts Set New Price Targets
VVX has been the subject of a number of research reports. Noble Financial restated an “outperform” rating on shares of V2X in a research report on Tuesday, June 2nd. Morgan Stanley raised their price objective on shares of V2X from $74.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 5th. Truist Financial upped their target price on V2X from $68.00 to $70.00 and gave the company a “hold” rating in a research note on Tuesday, May 5th. Bank of America increased their target price on V2X from $78.00 to $93.00 and gave the company a “buy” rating in a report on Friday, May 29th. Finally, Raymond James Financial cut V2X from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $80.90.
V2X Stock Down 1.3%
Shares of NYSE VVX opened at $75.93 on Tuesday. V2X, Inc. has a 1 year low of $46.07 and a 1 year high of $91.80. The firm’s 50 day moving average price is $76.87 and its 200 day moving average price is $69.84. The firm has a market cap of $2.38 billion, a P/E ratio of 27.22, a price-to-earnings-growth ratio of 0.59 and a beta of 0.22. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.25 and a current ratio of 1.25.
V2X (NYSE:VVX – Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.29. V2X had a return on equity of 16.94% and a net margin of 1.88%.The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same quarter in the prior year, the company posted $0.98 EPS. The business’s revenue for the quarter was up 23.4% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. As a group, sell-side analysts anticipate that V2X, Inc. will post 6.16 earnings per share for the current year.
V2X Profile
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.
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