Meeder Asset Management Inc. Purchases New Holdings in V2X, Inc. $VVX

Meeder Asset Management Inc. purchased a new position in shares of V2X, Inc. (NYSE:VVX) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 33,751 shares of the company’s stock, valued at approximately $2,516,000.

A number of other hedge funds have also recently added to or reduced their stakes in VVX. Comerica Bank boosted its holdings in V2X by 79.1% in the 3rd quarter. Comerica Bank now owns 480 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares in the last quarter. Larson Financial Group LLC lifted its holdings in shares of V2X by 207.3% in the 3rd quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock valued at $44,000 after buying an additional 512 shares during the period. Fifth Third Bancorp purchased a new stake in shares of V2X in the first quarter valued at approximately $46,000. Osaic Holdings Inc. boosted its stake in shares of V2X by 140.0% in the second quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after buying an additional 623 shares in the last quarter. Finally, KBC Group NV acquired a new position in V2X during the first quarter worth $64,000. Institutional investors and hedge funds own 95.18% of the company’s stock.

V2X Stock Performance

NYSE VVX opened at $81.25 on Wednesday. V2X, Inc. has a fifty-two week low of $50.89 and a fifty-two week high of $93.98. The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 28.02, a price-to-earnings-growth ratio of 0.65 and a beta of 0.21. The business has a fifty day moving average of $80.76 and a 200-day moving average of $74.13. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.92.

V2X (NYSE:VVX) last posted its quarterly earnings data on Monday, August 3rd. The company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.20. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.21 billion. V2X had a net margin of 1.88% and a return on equity of 17.52%. The company’s revenue was up 16.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.33 earnings per share. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. As a group, analysts predict that V2X, Inc. will post 6.27 earnings per share for the current fiscal year.

Analyst Ratings Changes

VVX has been the subject of several recent analyst reports. Noble Financial reiterated an “outperform” rating on shares of V2X in a research note on Tuesday, June 2nd. Zacks Research cut shares of V2X from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. Citigroup reiterated a “market outperform” rating on shares of V2X in a research report on Tuesday, July 28th. Citizens Jmp upped their price target on V2X from $90.00 to $102.00 and gave the stock a “market outperform” rating in a report on Tuesday, July 28th. Finally, Royal Bank Of Canada upped their price target on V2X from $70.00 to $75.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 5th. Six investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, V2X presently has a consensus rating of “Hold” and an average target price of $86.90.

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.