Thornburg Investment Management Inc. Takes $7.60 Million Position in Verra Mobility Corp $VRRM

Thornburg Investment Management Inc. bought a new stake in Verra Mobility Corp (NASDAQ:VRRM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 307,570 shares of the company’s stock, valued at approximately $7,597,000. Thornburg Investment Management Inc. owned about 0.19% of Verra Mobility at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Verra Mobility in the 2nd quarter valued at $49,577,000. Bessemer Group Inc. raised its position in shares of Verra Mobility by 60,338.2% in the 2nd quarter. Bessemer Group Inc. now owns 1,130,799 shares of the company’s stock worth $28,711,000 after acquiring an additional 1,128,928 shares in the last quarter. Man Group plc lifted its stake in shares of Verra Mobility by 93.3% in the 2nd quarter. Man Group plc now owns 1,157,292 shares of the company’s stock valued at $29,384,000 after purchasing an additional 558,727 shares during the period. Franklin Resources Inc. lifted its stake in shares of Verra Mobility by 22.6% in the 2nd quarter. Franklin Resources Inc. now owns 1,701,636 shares of the company’s stock valued at $43,205,000 after purchasing an additional 313,449 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of Verra Mobility by 33.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,182,297 shares of the company’s stock valued at $26,614,000 after purchasing an additional 293,082 shares in the last quarter.

Verra Mobility Price Performance

VRRM stock opened at $16.18 on Thursday. The company has a debt-to-equity ratio of 2.55, a quick ratio of 2.35 and a current ratio of 2.45. The business has a 50-day simple moving average of $20.74 and a two-hundred day simple moving average of $22.57. The company has a market capitalization of $2.58 billion, a P/E ratio of 19.04, a price-to-earnings-growth ratio of 2.96 and a beta of 0.59. Verra Mobility Corp has a 52-week low of $15.58 and a 52-week high of $26.38.

Verra Mobility (NASDAQ:VRRM) last posted its earnings results on Tuesday, February 24th. The company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). The company had revenue of $257.86 million during the quarter, compared to the consensus estimate of $241.17 million. Verra Mobility had a net margin of 13.95% and a return on equity of 55.06%. The firm’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.33 EPS. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. Research analysts expect that Verra Mobility Corp will post 1.08 EPS for the current fiscal year.

Verra Mobility News Summary

Here are the key news stories impacting Verra Mobility this week:

• Positive Sentiment: Q4 revenue beat and top-line growth — Q4 revenue rose ~16.4% year-over-year and came in above estimates, showing demand strength in core businesses. Verra Mobility Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Balance‑sheet and strategic items that support longer‑term value — full‑year 2025 revenue of $979.1M, a new five‑year NYC contract (adds recurring revenue visibility) and $133.4M in share repurchases during Q4. Verra Mobility Announces Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: Management engagement with investors — CEO and CFO will present at the Morgan Stanley TMT conference on March 3, which could provide additional color and potentially stabilize sentiment depending on Q&A. Verra Mobility to Present at the Morgan Stanley Technology, Media & Telecom Conference
• Negative Sentiment: EPS miss and profitability compression — Q4 EPS missed consensus (reported $0.30 vs. ~$0.32) and management signaled margin pressure tied to NYC contract and MOSAIC investments, which reduced near‑term profitability and disappointed investors. Verra Mobility expects $1.02B–$1.03B 2026 revenue as NYC contract and MOSAIC investments reshape margin outlook
• Negative Sentiment: Analyst downgrades/target cuts — Morgan Stanley cut its target to $20 and JPMorgan lowered theirs to $24, both trimming upside and signaling reduced conviction; analyst moves amplify selling pressure. Verra Mobility (NASDAQ:VRRM) Price Target Cut to $20.00 by Analysts at Morgan Stanley Verra Mobility (NASDAQ:VRRM) Price Target Cut to $24.00 by Analysts at JPMorgan Chase & Co.
• Negative Sentiment: Market reaction and technicals — the stock hit a multi‑year low after the print and commentary, reflecting immediate investor concern about near‑term margins and growth execution. Verra Mobility (VRRM) Hits 3-Year Low on Earnings Miss

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Morgan Stanley lowered their target price on Verra Mobility from $24.00 to $20.00 and set an “equal weight” rating for the company in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Verra Mobility in a research report on Monday, December 29th. Robert W. Baird set a $24.00 target price on shares of Verra Mobility in a research report on Wednesday. UBS Group raised their price target on shares of Verra Mobility from $29.00 to $31.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Finally, Wall Street Zen upgraded shares of Verra Mobility from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 20th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Verra Mobility presently has an average rating of “Hold” and an average price target of $24.75.

Verra Mobility Profile

Verra Mobility, traded on the Nasdaq under the ticker VRRM, is a leading provider of smart mobility solutions designed to improve safety, efficiency and compliance for transportation authorities and commercial fleets. The company develops and operates automated traffic enforcement systems, toll and violation management platforms, and connected-vehicle services. Through its technology offerings, Verra Mobility helps public agencies enhance road safety, reduce congestion and streamline revenue collection for tolling and parking.

Verra Mobility’s core products include red-light and speed-camera enforcement programs, license plate recognition systems, and cloud-based violation processing software.