Hsbc Holdings PLC lessened its stake in V2X, Inc. (NYSE:VVX – Free Report) by 48.3% in the fourth quarter, Holdings Channel reports. The fund owned 9,091 shares of the company’s stock after selling 8,488 shares during the quarter. Hsbc Holdings PLC’s holdings in V2X were worth $496,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Wellington Management Group LLP raised its stake in shares of V2X by 842.1% during the third quarter. Wellington Management Group LLP now owns 803,517 shares of the company’s stock valued at $46,676,000 after purchasing an additional 718,225 shares during the period. Boston Partners boosted its stake in shares of V2X by 5,323.3% in the third quarter. Boston Partners now owns 553,235 shares of the company’s stock valued at $32,139,000 after purchasing an additional 543,034 shares during the period. Reinhart Partners LLC. boosted its stake in shares of V2X by 60.6% in the fourth 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. William Blair Investment Management LLC acquired a new stake in V2X during the 4th quarter valued at $25,685,000. Finally, Bank of America Corp DE grew its holdings in V2X by 727.4% during the 3rd 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 in the last quarter. Institutional investors and hedge funds own 95.18% of the company’s stock.
Analyst Upgrades and Downgrades
VVX has been the topic of a number of recent analyst reports. Morgan Stanley boosted their price objective on shares of V2X from $74.00 to $80.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. Bank of America raised their target price on V2X from $78.00 to $93.00 and gave the company a “buy” rating in a research note on Friday, May 29th. BTIG Research reaffirmed a “buy” rating and set a $90.00 target price on shares of V2X in a research report on Wednesday, May 27th. Truist Financial boosted their price target on V2X from $68.00 to $70.00 and gave the stock a “hold” rating in a research note on Tuesday, May 5th. Finally, Citizens Jmp increased their price target on V2X from $80.00 to $90.00 and gave the company a “market outperform” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, V2X currently has a consensus rating of “Hold” and an average price target of $80.90.
V2X Price Performance
VVX opened at $74.98 on Friday. The company has a 50-day moving average of $77.87 and a 200-day moving average of $71.00. The company has a market capitalization of $2.35 billion, a P/E ratio of 26.88, a PEG ratio of 0.60 and a beta of 0.22. V2X, Inc. has a 1-year low of $46.27 and a 1-year high of $91.80. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.25 and a current ratio of 1.25.
V2X (NYSE:VVX – Get Free Report) last issued its earnings results on Monday, May 4th. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.29. V2X had a net margin of 1.88% and a return on equity of 16.94%. The business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same quarter in the prior year, the business posted $0.98 EPS. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. Equities 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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