Kendall Capital Management grew its holdings in shares of V2X, Inc. (NYSE:VVX – Free Report) by 25.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,590 shares of the company’s stock after acquiring an additional 9,475 shares during the quarter. Kendall Capital Management owned about 0.15% of V2X worth $3,474,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of VVX. Royal Bank of Canada boosted its stake in V2X by 46.6% in the first quarter. Royal Bank of Canada now owns 5,813 shares of the company’s stock worth $284,000 after buying an additional 1,847 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in V2X by 22.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,867 shares of the company’s stock worth $484,000 after acquiring an additional 1,826 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of V2X by 10.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 49,544 shares of the company’s stock valued at $2,430,000 after acquiring an additional 4,747 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of V2X during the first quarter worth about $329,000. Finally, Rhumbline Advisers boosted its holdings in shares of V2X by 20.8% during the second quarter. Rhumbline Advisers now owns 27,992 shares of the company’s stock worth $1,359,000 after purchasing an additional 4,824 shares during the period. Hedge funds and other institutional investors own 95.18% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on VVX. Citizens Jmp lifted their price target on shares of V2X from $90.00 to $102.00 and gave the company a “market outperform” rating in a report on Tuesday, July 28th. Stifel Nicolaus set a $102.00 price target on V2X in a research note on Tuesday, August 4th. Citigroup reaffirmed a “market outperform” rating on shares of V2X in a research report on Tuesday, July 28th. Royal Bank Of Canada increased their price objective on shares of V2X from $70.00 to $75.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 5th. Finally, Raymond James Financial downgraded V2X from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 24th. Six research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $86.90.
V2X Trading Down 0.4%
NYSE:VVX opened at $78.68 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.32 and a quick ratio of 1.32. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 27.13, a price-to-earnings-growth ratio of 0.61 and a beta of 0.21. V2X, Inc. has a one year low of $50.89 and a one year high of $93.98. The business has a fifty day moving average price of $80.22 and a 200-day moving average price of $74.33.
V2X (NYSE:VVX – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.20. V2X had a return on equity of 17.52% and a net margin of 1.88%.The firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the previous year, the firm earned $1.33 EPS. The business’s quarterly revenue was up 16.5% on a year-over-year basis. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. Sell-side analysts forecast 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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