Empowered Funds LLC Has $5.65 Million Holdings in V2X, Inc. $VVX

Empowered Funds LLC increased its holdings in shares of V2X, Inc. (NYSE:VVX) by 5.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,371 shares of the company’s stock after purchasing an additional 5,965 shares during the period. Empowered Funds LLC’s holdings in V2X were worth $5,650,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its position in V2X by 2.8% in the 1st quarter. Vanguard Group Inc. now owns 923,334 shares of the company’s stock valued at $45,290,000 after acquiring an additional 25,222 shares in the last quarter. Nuveen LLC acquired a new stake in shares of V2X in the 1st quarter valued at about $19,753,000. Geode Capital Management LLC lifted its holdings in shares of V2X by 2.8% in the second quarter. Geode Capital Management LLC now owns 374,553 shares of the company’s stock valued at $18,186,000 after purchasing an additional 10,062 shares in the last quarter. Reinhart Partners LLC. bought a new stake in shares of V2X in the second quarter valued at about $14,083,000. Finally, Royce & Associates LP boosted its position in shares of V2X by 15.6% during the first quarter. Royce & Associates LP now owns 248,670 shares of the company’s stock worth $12,197,000 after buying an additional 33,640 shares during the period. 95.18% of the stock is owned by institutional investors.

Insider Buying and Selling at V2X

In related news, major shareholder American Industrial Partners C sold 2,250,000 shares of the company’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $55.00, for a total value of $123,750,000.00. Following the sale, the insider directly owned 5,750,001 shares in the company, valued at $316,250,055. This represents a 28.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Dino M. Cusumano sold 2,250,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $55.00, for a total value of $123,750,000.00. Following the completion of the transaction, the director directly owned 5,750,001 shares in the company, valued at $316,250,055. This represents a 28.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 7,900,000 shares of company stock valued at $424,980,000 in the last ninety days. Insiders own 1.10% of the company’s stock.

V2X Price Performance

Shares of V2X stock opened at $52.06 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $1.64 billion, a price-to-earnings ratio of 23.66, a price-to-earnings-growth ratio of 0.59 and a beta of 0.26. V2X, Inc. has a twelve month low of $41.08 and a twelve month high of $63.74. The company has a 50-day simple moving average of $56.93 and a two-hundred day simple moving average of $52.57.

V2X (NYSE:VVX) last announced its quarterly earnings data on Monday, November 3rd. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.23 by $0.14. V2X had a net margin of 1.63% and a return on equity of 15.28%. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the previous year, the business earned $1.29 earnings per share. The company’s revenue was up 7.9% on a year-over-year basis. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. Analysts forecast that V2X, Inc. will post 4.16 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on VVX. Bank of America raised V2X from a “neutral” rating to a “buy” rating and upped their price target for the stock from $55.00 to $65.00 in a research report on Wednesday, August 13th. The Goldman Sachs Group increased their target price on shares of V2X from $45.00 to $50.00 and gave the stock a “sell” rating in a report on Wednesday, August 13th. Stifel Nicolaus raised their target price on shares of V2X from $63.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Morgan Stanley boosted their price target on shares of V2X from $51.00 to $55.00 and gave the stock an “underweight” rating in a research report on Friday, September 19th. Finally, Zacks Research upgraded shares of V2X from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $64.40.

V2X 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.