Bastion Asset Management Inc. Sells 27,409 Shares of V2X, Inc. $VVX

Bastion Asset Management Inc. cut its holdings in V2X, Inc. (NYSE:VVX) by 18.3% in the first quarter, HoldingsChannel reports. The firm owned 122,261 shares of the company’s stock after selling 27,409 shares during the quarter. V2X accounts for 2.6% of Bastion Asset Management Inc.’s portfolio, making the stock its 11th largest position. Bastion Asset Management Inc.’s holdings in V2X were worth $8,371,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC raised its stake in V2X by 1,157.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 206,747 shares of the company’s stock valued at $11,487,000 after purchasing an additional 190,302 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of V2X by 360.0% in the 4th quarter. SG Americas Securities LLC now owns 18,939 shares of the company’s stock worth $1,033,000 after buying an additional 14,822 shares in the last quarter. Tudor Investment Corp ET AL purchased a new position in shares of V2X in the 3rd quarter worth $1,462,000. Harbor Capital Advisors Inc. increased its holdings in shares of V2X by 41.0% in the 4th quarter. Harbor Capital Advisors Inc. now owns 32,432 shares of the company’s stock worth $1,769,000 after buying an additional 9,434 shares during the last quarter. Finally, UBS Group AG increased its holdings in shares of V2X by 118.2% in the 4th quarter. UBS Group AG now owns 108,343 shares of the company’s stock worth $5,910,000 after buying an additional 58,682 shares during the last quarter. Institutional investors own 95.18% of the company’s stock.

Wall Street Analyst Weigh In

VVX has been the topic of several recent research reports. Weiss Ratings cut shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, June 11th. Morgan Stanley boosted their price objective on V2X from $74.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 5th. Royal Bank Of Canada upped their price objective on V2X from $70.00 to $75.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 5th. Truist Financial raised their price objective on V2X from $68.00 to $70.00 and gave the company a “hold” rating in a research note on Tuesday, May 5th. Finally, Stifel Nicolaus lifted their target price on V2X from $77.50 to $79.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $80.90.

V2X Trading Down 0.9%

Shares of VVX opened at $74.98 on Friday. V2X, Inc. has a twelve month low of $46.27 and a twelve month high of $91.80. The company has a market cap of $2.35 billion, a P/E ratio of 26.88, a P/E/G ratio of 0.60 and a beta of 0.22. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.96. The company’s fifty day simple moving average is $77.87 and its 200-day simple moving average is $71.00.

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