Susquehanna Fundamental Investments LLC raised its stake in shares of V2X, Inc. (NYSE:VVX – Free Report) by 159.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 80,956 shares of the company’s stock after acquiring an additional 49,704 shares during the quarter. Susquehanna Fundamental Investments LLC owned approximately 0.26% of V2X worth $6,036,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP raised its stake in V2X by 12.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,503,707 shares of the company’s stock worth $103,001,000 after acquiring an additional 169,980 shares during the period. Bank of America Corp DE lifted its holdings in V2X by 26.5% in the first quarter. Bank of America Corp DE now owns 517,369 shares of the company’s stock worth $35,440,000 after acquiring an additional 108,430 shares during the last quarter. Walleye Capital LLC acquired a new position in V2X in the first quarter valued at approximately $2,438,000. Lazard Asset Management LLC boosted its stake in V2X by 36.9% in the first quarter. Lazard Asset Management LLC now owns 51,576 shares of the company’s stock valued at $3,533,000 after acquiring an additional 13,911 shares during the period. Finally, Allstate Corp bought a new position in shares of V2X during the second quarter valued at approximately $1,270,000. Institutional investors own 95.18% of the company’s stock.
Wall Street Analysts Forecast Growth
VVX has been the topic of a number of recent research reports. Citizens Jmp raised their target price on V2X from $90.00 to $102.00 and gave the company a “market outperform” rating in a research note on Tuesday, July 28th. Noble Financial reaffirmed an “outperform” rating on shares of V2X in a report on Tuesday, June 2nd. Citigroup reissued a “market outperform” rating on shares of V2X in a research note on Tuesday, July 28th. Morgan Stanley upped their target price on shares of V2X from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 4th. Finally, Bank of America raised their price target 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 analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $86.90.
V2X Stock Performance
VVX opened at $77.08 on Tuesday. 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 firm has a market cap of $2.42 billion, a PE ratio of 26.58, a P/E/G ratio of 0.61 and a beta of 0.21. The business has a fifty day simple moving average of $79.19 and a 200-day simple moving average of $74.85. V2X, Inc. has a fifty-two week low of $50.89 and a fifty-two week high of $93.98.
V2X (NYSE:VVX – Get Free Report) last announced its 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 analyst estimates of $1.21 billion. During the same period in the previous year, the firm earned $1.33 earnings per share. V2X’s revenue for the quarter 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, equities analysts predict that V2X, Inc. will post 6.27 EPS for the current fiscal 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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