Kendall Capital Management boosted its holdings in shares of V2X, Inc. (NYSE:VVX – Free Report) by 25.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,590 shares of the company’s stock after purchasing an additional 9,475 shares during the quarter. Kendall Capital Management’s holdings in V2X were worth $3,474,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the business. Comerica Bank raised its holdings 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 buying an additional 212 shares during the period. Larson Financial Group LLC raised its stake in shares of V2X by 207.3% during the third quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock valued at $44,000 after acquiring an additional 512 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of V2X in the 1st quarter worth $46,000. Osaic Holdings Inc. increased its stake in shares of V2X by 140.0% during the second quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after buying an additional 623 shares during the period. Finally, Allworth Financial LP increased its stake in shares of V2X by 44.6% during the second quarter. Allworth Financial LP now owns 765 shares of the company’s stock valued at $57,000 after buying an additional 236 shares during the period. 95.18% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms have recently commented on VVX. Stifel Nicolaus set a $102.00 price target on shares of V2X in a report on Tuesday, August 4th. Raymond James Financial cut V2X from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 24th. Morgan Stanley lifted their price objective on shares of V2X from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 4th. Robert W. Baird reissued a “neutral” rating and issued a $94.00 target price on shares of V2X in a research report on Tuesday, August 4th. Finally, Zacks Research cut V2X from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. Six analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $86.90.
V2X Stock Performance
NYSE VVX opened at $78.68 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 capitalization of $2.47 billion, a price-to-earnings ratio of 27.13, a PEG ratio of 0.61 and a beta of 0.21. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.92. The stock has a 50-day moving average of $80.22 and a 200 day moving average of $74.33.
V2X (NYSE:VVX – Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.20. The firm had revenue of $1.26 billion for 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 revenue for the quarter was up 16.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.33 EPS. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. Sell-side analysts anticipate that V2X, Inc. will post 6.27 EPS for the current fiscal year.
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.
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