Van ECK Associates Corp Invests $32.91 Million in V2X, Inc. $VVX

Van ECK Associates Corp bought a new position in shares of V2X, Inc. (NYSE:VVX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 441,391 shares of the company’s stock, valued at approximately $32,910,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in V2X in the second quarter valued at $189,727,000. Bank of America Corp DE purchased a new position in shares of V2X during the 2nd quarter valued at about $87,543,000. Wellington Management Group LLP lifted its holdings in shares of V2X by 842.1% in the 3rd quarter. Wellington Management Group LLP now owns 803,517 shares of the company’s stock valued at $46,676,000 after buying an additional 718,225 shares during the period. Boston Partners lifted its holdings in shares of V2X by 5,323.3% in the 3rd 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 during the period. Finally, Reinhart Partners LLC. boosted its stake in shares of V2X by 60.6% in the fourth 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. 95.18% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Royal Bank Of Canada raised their target price on V2X from $70.00 to $75.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 5th. Morgan Stanley upped their price objective on V2X from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 4th. Raymond James Financial cut shares of V2X from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 24th. BTIG Research reaffirmed a “buy” rating and set a $90.00 target price on shares of V2X in a report on Wednesday, May 27th. Finally, Bank of America boosted their target price on shares of V2X from $78.00 to $93.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Six investment 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. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $86.90.

V2X Price Performance

Shares of V2X stock opened at $77.93 on Monday. The firm has a market cap of $2.44 billion, a PE ratio of 26.87, a P/E/G ratio of 0.61 and a beta of 0.21. V2X, Inc. has a twelve month low of $50.89 and a twelve month high of $93.98. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.92. The business has a 50-day moving average price of $79.29 and a 200 day moving average price of $74.79.

V2X (NYSE:VVX) last issued its quarterly earnings results on Monday, August 3rd. The company reported $1.64 earnings per share (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 company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the business posted $1.33 earnings per share. V2X’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. Sell-side analysts predict that V2X, Inc. will post 6.27 earnings per share for the current fiscal 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.