Polaris Capital Management LLC Boosts Stock Position in V2X, Inc. $VVX

Polaris Capital Management LLC boosted its holdings in shares of V2X, Inc. (NYSE:VVX) by 57.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,800 shares of the company’s stock after buying an additional 12,400 shares during the period. Polaris Capital Management LLC owned approximately 0.11% of V2X worth $1,641,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VVX. Two Sigma Advisers LP bought a new stake in V2X during the fourth quarter valued at $340,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in V2X by 41.7% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 44,797 shares of the company’s stock valued at $2,143,000 after buying an additional 13,175 shares during the period. California State Teachers Retirement System boosted its stake in V2X by 10.5% during the fourth quarter. California State Teachers Retirement System now owns 13,128 shares of the company’s stock valued at $628,000 after buying an additional 1,252 shares during the period. GAMMA Investing LLC boosted its stake in V2X by 3,403.3% during the first quarter. GAMMA Investing LLC now owns 3,188 shares of the company’s stock valued at $156,000 after buying an additional 3,097 shares during the period. Finally, Rhumbline Advisers boosted its stake in V2X by 9.1% during the first quarter. Rhumbline Advisers now owns 23,168 shares of the company’s stock valued at $1,136,000 after buying an additional 1,929 shares during the period. Institutional investors own 95.18% of the company’s stock.

V2X Stock Up 1.9%

VVX opened at $59.65 on Friday. The company has a market cap of $1.89 billion, a P/E ratio of 27.11, a P/E/G ratio of 0.60 and a beta of 0.25. The business’s 50-day moving average price is $55.68 and its 200-day moving average price is $50.66. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.02. V2X, Inc. has a 12 month low of $41.08 and a 12 month high of $69.75.

V2X (NYSE:VVX) last released its quarterly earnings data on Monday, August 4th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.00 by $0.33. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.06 billion. V2X had a return on equity of 15.28% and a net margin of 1.63%.The company’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.83 earnings per share. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. On average, equities analysts expect that V2X, Inc. will post 4.16 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on VVX. The Goldman Sachs Group lifted their price objective on V2X from $45.00 to $50.00 and gave the company a “sell” rating in a research note on Wednesday, August 13th. Stifel Nicolaus set a $63.00 price target on V2X and gave the company a “buy” rating in a research report on Tuesday, August 5th. Morgan Stanley raised their price target on V2X from $51.00 to $55.00 and gave the company an “underweight” rating in a research report on Friday, September 19th. Wall Street Zen upgraded V2X from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of V2X in a research report on Saturday, September 27th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, V2X presently has a consensus rating of “Moderate Buy” and an average price target of $63.73.

Insider Activity

In other news, Director Dino M. Cusumano sold 2,000,000 shares of V2X stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $50.00, for a total value of $100,000,000.00. Following the transaction, the director owned 9,700,001 shares in the company, valued at approximately $485,000,050. The trade was a 17.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder American Industrial Partners C sold 1,700,000 shares of V2X stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $52.20, for a total value of $88,740,000.00. Following the completion of the transaction, the insider owned 8,000,001 shares in the company, valued at approximately $417,600,052.20. This represents a 17.53% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,400,000 shares of company stock worth $277,480,000. Company insiders own 1.10% of the company’s stock.

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.