Reinhart Partners LLC. Sells 34,543 Shares of V2X, Inc. $VVX

Reinhart Partners LLC. lessened its holdings in V2X, Inc. (NYSE:VVX) by 2.4% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,406,416 shares of the company’s stock after selling 34,543 shares during the period. V2X accounts for approximately 2.4% of Reinhart Partners LLC.’s holdings, making the stock its 20th biggest position. Reinhart Partners LLC.’s holdings in V2X were worth $104,864,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. PNC Financial Services Group Inc. boosted its stake in shares of V2X by 4.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,986 shares of the company’s stock worth $217,000 after acquiring an additional 165 shares during the period. Comerica Bank raised its stake in V2X by 79.1% during the 3rd quarter. Comerica Bank now owns 480 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares during the period. New York State Teachers Retirement System raised its stake in 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 purchasing an additional 251 shares during the period. Vident Advisory LLC lifted its holdings in V2X by 2.5% in the 4th quarter. Vident Advisory LLC now owns 10,778 shares of the company’s stock worth $588,000 after purchasing an additional 261 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC lifted its holdings in V2X by 3.9% in the 4th 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 in the last quarter. 95.18% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on VVX. Citizens Jmp upped their price target on V2X from $90.00 to $102.00 and gave the stock a “market outperform” rating in a research note on Tuesday, July 28th. Weiss Ratings cut shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, June 11th. Morgan Stanley boosted their target price on shares of V2X from $80.00 to $90.00 and gave the stock an “equal weight” rating in a report on Tuesday. 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. Finally, Zacks Research raised shares of V2X from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.90.

V2X Stock Down 0.3%

Shares of VVX opened at $84.33 on Friday. The company has a quick ratio of 1.25, a current ratio of 1.32 and a debt-to-equity ratio of 0.92. The business has a fifty day moving average of $81.06 and a 200 day moving average of $73.44. The company has a market cap of $2.64 billion, a PE ratio of 29.08, a P/E/G ratio of 0.66 and a beta of 0.21. V2X, Inc. has a 52-week low of $49.59 and a 52-week high of $93.98.

V2X (NYSE:VVX) 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 net margin of 1.88% and a return on equity of 17.52%. The business had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same quarter in the previous year, the business posted $1.33 earnings per share. The business’s revenue was up 16.5% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. On average, sell-side analysts expect 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.