William Blair Investment Management LLC decreased its stake in V2X, Inc. (NYSE:VVX – Free Report) by 50.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 240,495 shares of the company’s stock after selling 245,985 shares during the quarter. William Blair Investment Management LLC owned approximately 0.77% of V2X worth $17,931,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of the stock. Comerica Bank grew its stake in V2X by 79.1% in the third quarter. Comerica Bank now owns 480 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares in the last quarter. Larson Financial Group LLC raised its stake in shares of V2X by 207.3% during the 3rd quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock worth $44,000 after purchasing an additional 512 shares in the last quarter. Fifth Third Bancorp acquired a new stake in shares of V2X during the 1st quarter valued at about $46,000. Osaic Holdings Inc. grew its stake in shares of V2X by 140.0% in 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 in the last quarter. Finally, Allworth Financial LP grew its stake in shares of V2X by 44.6% in the 2nd quarter. Allworth Financial LP now owns 765 shares of the company’s stock valued at $57,000 after buying an additional 236 shares in the last quarter. 95.18% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
VVX has been the topic of several recent research reports. Robert W. Baird reaffirmed a “neutral” rating and set a $94.00 price objective on shares of V2X in a research report on Tuesday, August 4th. Noble Financial restated an “outperform” rating on shares of V2X in a report on Tuesday, June 2nd. Raymond James Financial cut shares of V2X from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 24th. Citigroup reissued a “market outperform” rating on shares of V2X in a research report on Tuesday, July 28th. Finally, Royal Bank Of Canada raised their target price on V2X from $70.00 to $75.00 and gave the company a “sector perform” rating in a report on Tuesday, May 5th. Six equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $86.90.
V2X Stock Down 0.4%
V2X stock opened at $78.68 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.32 and a quick ratio of 1.32. V2X, Inc. has a fifty-two week low of $50.89 and a fifty-two week high of $93.98. The firm has a fifty day moving average price of $80.22 and a two-hundred day moving average price of $74.33. The firm has a market cap of $2.47 billion, a price-to-earnings ratio of 27.13, a P/E/G ratio of 0.61 and a beta of 0.21.
V2X (NYSE:VVX – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.20. V2X had a return on equity of 17.52% and a net margin of 1.88%.The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period in the previous year, the company posted $1.33 earnings per share. The firm’s revenue for the quarter was up 16.5% on a year-over-year basis. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. As a group, analysts forecast that V2X, Inc. will post 6.27 earnings per share for the current year.
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.
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