First Trust Advisors LP boosted its position in shares of V2X, Inc. (NYSE:VVX – Free Report) by 76.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 49,644 shares of the company’s stock after purchasing an additional 21,551 shares during the period. First Trust Advisors LP’s holdings in V2X were worth $3,401,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Comerica Bank lifted its stake in shares of V2X by 79.1% during the 3rd quarter. Comerica Bank now owns 480 shares of the company’s stock worth $28,000 after acquiring an additional 212 shares during the last quarter. Larson Financial Group LLC raised its stake in shares of V2X by 207.3% during the third quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock valued at $44,000 after acquiring an additional 512 shares in the last quarter. Fifth Third Bancorp bought a new stake in V2X during the 1st quarter valued at $46,000. Osaic Holdings Inc. lifted its stake in V2X by 140.0% in the second quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock worth $52,000 after acquiring an additional 623 shares during the period. Finally, KBC Group NV purchased a new stake in shares of V2X in the 1st quarter worth approximately $64,000. 95.18% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about V2X
Here are the key news stories impacting V2X this week:
- Positive Sentiment: Major Air Force logistics contract: V2X reportedly secured a $500 million U.S. Air Force logistics contract extending through 2031. The award strengthens the company’s long-term backlog and reinforces demand for its defense-support services. V2X Lands $500 Million Air Force Logistics Contract Through 2031
- Positive Sentiment: $87 million Navy contract: V2X won a firm-fixed-price, indefinite-delivery/indefinite-quantity contract to improve the performance and mission readiness of aircraft pylons used on F/A-18 Super Hornet and EA-18G Growler aircraft. The award provides additional revenue visibility and supports the company’s position in military aviation sustainment. V2X Wins $87 Million Contract Supporting F/A-18 Mission Readiness
- Positive Sentiment: Higher earnings forecasts: Noble Financial maintained an “Outperform” rating and raised its FY2026 EPS estimate to $6.16 from $5.95. It also increased its Q4 estimate to $1.58 from $1.54 and lifted its FY2027 forecast to $6.63 from $6.05, above the roughly $6.25 consensus estimate. V2X analyst estimates
- Positive Sentiment: Analyst support: Morgan Stanley raised its price target to $90, implying additional upside from the recent trading level, while a separate overview described analysts as bullish on V2X. Morgan Stanley Raises V2X Price Target to $90.00
- Neutral Sentiment: Mixed analyst positioning: Robert W. Baird assigned V2X a neutral rating, tempering the otherwise constructive analyst outlook. V2X Earns Neutral Rating from Robert W. Baird
V2X Trading Up 8.4%
V2X (NYSE:VVX – Get Free Report) last announced its earnings results on Monday, August 3rd. The company reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.20. V2X had a net margin of 1.88% and a return on equity of 17.52%. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period last year, the firm earned $1.33 earnings per share. V2X’s revenue was up 16.5% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. As a group, sell-side analysts forecast that V2X, Inc. will post 6.27 EPS for the current fiscal year.
Wall Street Analyst Weigh In
VVX has been the topic of a number of recent research reports. Noble Financial reiterated an “outperform” rating on shares of V2X in a research note on Tuesday, June 2nd. Citigroup restated a “market outperform” rating on shares of V2X in a report on Tuesday, July 28th. Truist Financial reaffirmed a “hold” rating and set a $85.00 target price (up from $70.00) on shares of V2X in a research report on Tuesday. Citizens Jmp lifted their price target on V2X from $90.00 to $102.00 and gave the company a “market outperform” rating in a report on Tuesday, July 28th. Finally, Robert W. Baird reissued a “neutral” rating and issued a $94.00 price target on shares of V2X in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $86.90.
Get Our Latest Analysis on VVX
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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