Squarepoint Ops LLC boosted its holdings in V2X, Inc. (NYSE:VVX – Free Report) by 112.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 87,297 shares of the company’s stock after acquiring an additional 46,298 shares during the quarter. Squarepoint Ops LLC’s holdings in V2X were worth $6,509,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of the business. BlackRock Inc. bought a new position in V2X in the second quarter valued at approximately $189,727,000. California State Teachers Retirement System raised its position in shares of V2X by 8,314.4% during the 2nd quarter. California State Teachers Retirement System now owns 2,486,129 shares of the company’s stock valued at $185,366,000 after acquiring an additional 2,456,583 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of V2X by 12.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,503,707 shares of the company’s stock valued at $103,001,000 after acquiring an additional 169,980 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of V2X by 20.6% in the 4th quarter. Vanguard Group Inc. now owns 1,434,711 shares of the company’s stock valued at $78,263,000 after purchasing an additional 245,149 shares during the period. Finally, Reinhart Partners LLC. lifted its stake in shares of V2X by 60.6% in the 4th quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock valued at $77,964,000 after purchasing an additional 539,209 shares during the period. 95.18% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
VVX has been the subject of a number of analyst reports. Bank of America lifted their price objective on V2X from $78.00 to $93.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Wall Street Zen lowered V2X from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Citigroup restated a “market outperform” rating on shares of V2X in a report on Tuesday, July 28th. Truist Financial restated a “hold” rating and set a $85.00 target price (up from $70.00) on shares of V2X in a research report on Tuesday, August 4th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of V2X in a research note on Tuesday. Six analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $86.90.
V2X Trading Up 0.8%
Shares of NYSE VVX opened at $72.46 on Friday. V2X, Inc. has a twelve month low of $50.89 and a twelve month high of $93.98. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of 24.99, a P/E/G ratio of 0.56 and a beta of 0.17. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.92. The company’s fifty day moving average is $79.19 and its 200-day moving average is $75.27.
V2X (NYSE:VVX – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported $1.64 EPS 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 analysts’ expectations of $1.21 billion. V2X had a net margin of 1.88% and a return on equity of 17.52%. The firm’s quarterly revenue was up 16.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.33 EPS. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. Equities research analysts predict that V2X, Inc. will post 6.27 EPS for the current 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.
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