Pacer Advisors Inc. reduced its holdings in V2X, Inc. (NYSE:VVX – Free Report) by 5.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 132,506 shares of the company’s stock after selling 8,181 shares during the quarter. Pacer Advisors Inc. owned about 0.42% of V2X worth $7,228,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in VVX. PNC Financial Services Group Inc. raised its holdings in shares of V2X by 4.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,986 shares of the company’s stock valued at $217,000 after acquiring an additional 165 shares in the last quarter. Comerica Bank boosted its holdings in V2X by 79.1% in the third quarter. Comerica Bank now owns 480 shares of the company’s stock valued at $28,000 after acquiring an additional 212 shares in the last quarter. New York State Teachers Retirement System boosted its holdings in V2X by 16.6% in the fourth quarter. New York State Teachers Retirement System now owns 1,762 shares of the company’s stock valued at $96,000 after acquiring an additional 251 shares in the last quarter. Vident Advisory LLC boosted its holdings in V2X by 2.5% in the fourth quarter. Vident Advisory LLC now owns 10,778 shares of the company’s stock valued at $588,000 after acquiring an additional 261 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its position in V2X by 3.9% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 7,389 shares of the company’s stock valued at $403,000 after purchasing an additional 276 shares during the period. 95.18% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
VVX has been the subject of several research reports. The Goldman Sachs Group upped their price objective on shares of V2X from $57.00 to $63.00 and gave the stock a “sell” rating in a report on Monday, March 2nd. Citizens Jmp boosted their price target on shares of V2X from $80.00 to $90.00 and gave the company a “market outperform” rating in a research report on Tuesday, May 5th. BTIG Research reiterated a “buy” rating and set a $90.00 price target on shares of V2X in a research report on Wednesday, May 27th. Noble Financial reissued an “outperform” rating on shares of V2X in a research note on Tuesday, June 2nd. Finally, Weiss Ratings lowered shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $80.60.
V2X Stock Performance
Shares of V2X stock opened at $85.95 on Monday. The stock has a market cap of $2.69 billion, a price-to-earnings ratio of 30.81, a PEG ratio of 0.68 and a beta of 0.19. The firm’s 50-day moving average is $75.06 and its 200 day moving average is $68.31. V2X, Inc. has a 1 year low of $44.51 and a 1 year high of $91.80. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.25 and a quick ratio of 1.25.
V2X (NYSE:VVX – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The company reported $1.53 EPS for the quarter, beating the consensus estimate of $1.24 by $0.29. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.13 billion. V2X had a net margin of 1.88% and a return on equity of 16.94%. V2X’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.98 EPS. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. Sell-side analysts anticipate that V2X, Inc. will post 6.16 EPS for the current fiscal 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.
Featured Articles
- Five stocks we like better than V2X
- 3 Inflation-Fighting Stocks Built for Higher Oil Prices
- 3 Biotech Firms With Major Potential Catalysts in the Coming Months
- Applied Materials Stock Looks Pricey—Can AI Demand Justify the Rally?
- 3 Small-Cap Stocks Getting a Russell 2000 Rebalance Boost
Want to see what other hedge funds are holding VVX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for V2X, Inc. (NYSE:VVX – Free Report).
Receive News & Ratings for V2X Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for V2X and related companies with MarketBeat.com's FREE daily email newsletter.
