Earnest Partners LLC purchased a new position in V2X, Inc. (NYSE:VVX – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 123,557 shares of the company’s stock, valued at approximately $7,177,000.
Other hedge funds also recently made changes to their positions in the company. Comerica Bank raised its stake in shares of V2X by 79.1% during the 3rd quarter. Comerica Bank now owns 480 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares during the period. Osaic Holdings Inc. boosted its stake in V2X by 140.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock worth $52,000 after purchasing an additional 623 shares during the period. LRI Investments LLC purchased a new position in V2X during the 3rd quarter valued at about $57,000. CWM LLC grew its holdings in V2X by 188.9% during the 3rd quarter. CWM LLC now owns 1,037 shares of the company’s stock valued at $60,000 after buying an additional 678 shares in the last quarter. Finally, Ameritas Investment Partners Inc. increased its position in shares of V2X by 18.6% during the second quarter. Ameritas Investment Partners Inc. now owns 1,757 shares of the company’s stock valued at $85,000 after buying an additional 275 shares during the period. 95.18% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on VVX shares. Weiss Ratings reissued a “hold (c+)” rating on shares of V2X in a report on Monday, December 29th. BTIG Research upped their target price on shares of V2X from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Truist Financial reiterated a “hold” rating and issued a $68.00 target price (up from $65.00) on shares of V2X in a research note on Tuesday, February 24th. Robert W. Baird set a $94.00 price target on shares of V2X in a report on Tuesday, February 24th. Finally, Royal Bank Of Canada upped their price target on shares of V2X from $60.00 to $70.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $72.22.
V2X Stock Down 4.6%
Shares of NYSE VVX opened at $66.85 on Monday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.00. The business has a 50-day moving average of $67.63 and a 200-day moving average of $60.21. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of 27.40, a PEG ratio of 0.57 and a beta of 0.12. V2X, Inc. has a 12 month low of $42.09 and a 12 month high of $75.00.
V2X (NYSE:VVX – Get Free Report) last announced its earnings results on Monday, February 23rd. The company reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.23. V2X had a net margin of 1.74% and a return on equity of 15.64%. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same period last year, the firm posted $1.33 earnings per share. V2X’s quarterly revenue was up 5.3% on a year-over-year basis. V2X has set its FY 2026 guidance at 5.500-5.900 EPS. Sell-side analysts expect that V2X, Inc. will post 4.16 earnings per share for the current fiscal year.
V2X Company 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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