SG Americas Securities LLC Cuts Stock Position in Varex Imaging $VREX

SG Americas Securities LLC reduced its position in Varex Imaging (NASDAQ:VREX) by 67.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 18,782 shares of the company’s stock after selling 39,657 shares during the period. SG Americas Securities LLC’s holdings in Varex Imaging were worth $233,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of VREX. The Manufacturers Life Insurance Company raised its stake in Varex Imaging by 10.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 15,302 shares of the company’s stock worth $133,000 after acquiring an additional 1,442 shares during the last quarter. LSV Asset Management grew its stake in shares of Varex Imaging by 0.5% during the 2nd quarter. LSV Asset Management now owns 328,610 shares of the company’s stock worth $2,849,000 after purchasing an additional 1,631 shares during the period. BNP Paribas Financial Markets increased its holdings in Varex Imaging by 18.5% in the second quarter. BNP Paribas Financial Markets now owns 13,045 shares of the company’s stock valued at $113,000 after buying an additional 2,036 shares in the last quarter. Nebula Research & Development LLC increased its stake in shares of Varex Imaging by 11.0% in the 2nd quarter. Nebula Research & Development LLC now owns 22,795 shares of the company’s stock valued at $198,000 after purchasing an additional 2,250 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Varex Imaging by 25.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 13,104 shares of the company’s stock valued at $115,000 after buying an additional 2,659 shares in the last quarter.

Varex Imaging Stock Down 0.7%

Shares of Varex Imaging stock opened at $13.98 on Thursday. The company has a quick ratio of 1.83, a current ratio of 3.43 and a debt-to-equity ratio of 0.75. Varex Imaging has a 52-week low of $6.76 and a 52-week high of $15.46. The company has a market capitalization of $586.04 million, a P/E ratio of -8.22 and a beta of 0.86. The company has a 50 day moving average of $12.34 and a 200 day moving average of $11.32.

Varex Imaging (NASDAQ:VREX) last announced its quarterly earnings data on Tuesday, November 18th. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.19. The company had revenue of $228.90 million for the quarter, compared to the consensus estimate of $219.26 million. Varex Imaging had a negative net margin of 8.32% and a positive return on equity of 7.19%. Varex Imaging has set its Q1 2026 guidance at 0.050-0.250 EPS. As a group, research analysts forecast that Varex Imaging will post 0.53 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on VREX shares. Weiss Ratings restated a “sell (d-)” rating on shares of Varex Imaging in a research report on Monday, December 29th. Wall Street Zen upgraded Varex Imaging from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 22nd. Oppenheimer lowered their target price on shares of Varex Imaging from $23.00 to $18.00 and set an “outperform” rating for the company in a research note on Wednesday, November 19th. Finally, B. Riley restated a “buy” rating and set a $16.00 price target on shares of Varex Imaging in a research report on Wednesday, November 19th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $17.00.

Varex Imaging Profile

Varex Imaging Corporation is a global provider of X-ray imaging components and solutions for the medical, security and industrial markets. The company designs, develops and manufactures a broad range of products that convert X-ray energy into high-resolution digital images. Its portfolio includes X-ray tubes, flat panel detectors, digital sensors, specialty radiographic tubes and related software, all engineered to meet the demanding requirements of original equipment manufacturers (OEMs) in diagnostic imaging, computed tomography (CT), fluoroscopy, mammography, dental radiography and non-destructive testing applications.

The company’s medical imaging offerings support a wide spectrum of clinical modalities, from portable radiography systems to advanced CT scanners, enhancing image quality and dose efficiency for healthcare providers.