Allspring Global Investments Holdings LLC Sells 42,275 Shares of V2X, Inc. $VVX

Allspring Global Investments Holdings LLC lessened its holdings in V2X, Inc. (NYSE:VVX) by 20.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 164,472 shares of the company’s stock after selling 42,275 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in V2X were worth $11,419,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in VVX. Vanguard Group Inc. grew its position in V2X by 20.6% during the fourth quarter. Vanguard Group Inc. now owns 1,434,711 shares of the company’s stock worth $78,263,000 after buying an additional 245,149 shares in the last quarter. Reinhart Partners LLC. raised its holdings in shares of V2X by 60.6% in the 4th quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock valued at $77,964,000 after acquiring an additional 539,209 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of V2X by 6.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,333,727 shares of the company’s stock valued at $72,756,000 after acquiring an additional 82,518 shares in the last quarter. State Street Corp boosted its position in shares of V2X by 23.6% during the 4th quarter. State Street Corp now owns 1,192,058 shares of the company’s stock valued at $65,027,000 after acquiring an additional 227,804 shares during the last quarter. Finally, Ophir Asset Management Pty Ltd boosted its position in shares of V2X by 10.9% during the 4th quarter. Ophir Asset Management Pty Ltd now owns 912,274 shares of the company’s stock valued at $49,765,000 after acquiring an additional 89,957 shares during the last quarter. Institutional investors own 95.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on VVX shares. Truist Financial upped their price objective on shares of V2X from $68.00 to $70.00 and gave the stock a “hold” rating in a research report on Tuesday, May 5th. Zacks Research upgraded shares of V2X from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. Raymond James Financial lowered shares of V2X from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 24th. Citigroup boosted their price target on shares of V2X from $72.00 to $75.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 1st. Finally, Citizens Jmp increased their price target on shares of V2X from $80.00 to $90.00 and gave the stock a “market outperform” rating in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $80.90.

V2X Price Performance

Shares of V2X stock opened at $81.34 on Thursday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $2.55 billion, a PE ratio of 29.15, a price-to-earnings-growth ratio of 0.63 and a beta of 0.22. The business’s 50-day moving average price is $78.51 and its 200-day moving average price is $71.65. V2X, Inc. has a 12 month low of $46.27 and a 12 month high of $91.80.

V2X (NYSE:VVX) last released its earnings results on Monday, May 4th. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.29. The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.13 billion. V2X had a return on equity of 16.94% and a net margin of 1.88%.V2X’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.98 EPS. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. Sell-side analysts forecast that V2X, Inc. will post 6.16 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.