Walleye Capital LLC acquired a new position in shares of V2X, Inc. (NYSE:VVX – Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 35,587 shares of the company’s stock, valued at approximately $2,438,000.
Several other institutional investors and hedge funds have also made changes to their positions in VVX. PNC Financial Services Group Inc. lifted its stake in shares of V2X by 4.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,986 shares of the company’s stock valued at $217,000 after buying an additional 165 shares during the period. Comerica Bank grew 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 buying an additional 212 shares during the period. New York State Teachers Retirement System increased its stake in shares of V2X by 16.6% during the 4th quarter. New York State Teachers Retirement System now owns 1,762 shares of the company’s stock valued at $96,000 after acquiring an additional 251 shares during the last quarter. Vident Advisory LLC grew its holdings in V2X by 2.5% in the fourth quarter. Vident Advisory LLC now owns 10,778 shares of the company’s stock valued at $588,000 after purchasing an additional 261 shares during the period. Finally, Ashton Thomas Private Wealth LLC increased its position in V2X by 3.9% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 7,389 shares of the company’s stock worth $403,000 after purchasing an additional 276 shares during the last quarter. 95.18% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of analysts have recently commented on the company. Stifel Nicolaus upped their price objective on V2X from $77.50 to $79.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Morgan Stanley lifted their price objective on V2X from $74.00 to $80.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 5th. Zacks Research upgraded shares of V2X from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. Royal Bank Of Canada increased their price objective on shares of V2X from $70.00 to $75.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 5th. Finally, Bank of America upped 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. One analyst has rated the stock with a Strong Buy rating, five have issued 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 company currently has a consensus rating of “Hold” and an average price target of $80.90.
V2X Trading Up 4.1%
VVX opened at $84.28 on Friday. V2X, Inc. has a 52-week low of $46.27 and a 52-week high of $91.80. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $2.64 billion, a P/E ratio of 30.21, a P/E/G ratio of 0.64 and a beta of 0.22. The firm’s 50 day moving average is $78.78 and its 200-day moving average is $71.85.
V2X (NYSE:VVX – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The company reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.29. The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.13 billion. V2X had a net margin of 1.88% and a return on equity of 16.94%. The firm’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.98 EPS. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. Analysts expect that V2X, Inc. will post 6.16 EPS for the current fiscal year.
V2X 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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