V2X, Inc. $VVX Shares Acquired by Lazard Asset Management LLC

Lazard Asset Management LLC increased its position in V2X, Inc. (NYSE:VVX) by 36.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 51,576 shares of the company’s stock after buying an additional 13,911 shares during the quarter. Lazard Asset Management LLC’s holdings in V2X were worth $3,533,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Wellington Management Group LLP increased its stake in V2X by 842.1% during the 3rd quarter. Wellington Management Group LLP now owns 803,517 shares of the company’s stock worth $46,676,000 after buying an additional 718,225 shares during the period. Boston Partners grew its stake in shares of V2X by 5,323.3% during the third quarter. Boston Partners now owns 553,235 shares of the company’s stock valued at $32,139,000 after acquiring an additional 543,034 shares in the last quarter. Reinhart Partners LLC. increased its position in shares of V2X by 60.6% during the fourth quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock worth $77,964,000 after acquiring an additional 539,209 shares during the last quarter. William Blair Investment Management LLC purchased a new stake in shares of V2X during the fourth quarter worth about $25,685,000. Finally, Bank of America Corp DE boosted its holdings in V2X by 727.4% in the third quarter. Bank of America Corp DE now owns 466,863 shares of the company’s stock valued at $27,120,000 after purchasing an additional 410,438 shares during the last quarter. 95.18% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Morgan Stanley lifted their price objective on V2X from $74.00 to $80.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. Zacks Research raised shares of V2X from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. Bank of America raised their price target on shares of V2X from $78.00 to $93.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Truist Financial lifted their price target on shares of V2X from $68.00 to $70.00 and gave the stock a “hold” rating in a research note on Tuesday, May 5th. Finally, Noble Financial reaffirmed an “outperform” rating on shares of V2X in a report on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $82.10.

V2X Trading Up 4.0%

Shares of NYSE VVX opened at $90.20 on Friday. The stock’s 50 day moving average price is $80.67 and its two-hundred day moving average price is $72.89. V2X, Inc. has a 52-week low of $46.27 and a 52-week high of $91.80. The stock has a market capitalization of $2.82 billion, a P/E ratio of 32.33, a PEG ratio of 0.72 and a beta of 0.22. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.96.

V2X (NYSE:VVX) last released its earnings results on Monday, May 4th. The company reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.29. V2X had a return on equity of 16.94% and a net margin of 1.88%.The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter last year, the business posted $0.98 EPS. V2X’s quarterly revenue was up 23.4% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. On average, analysts anticipate that V2X, Inc. will post 6.16 earnings per share 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.