Hennion & Walsh Asset Management Inc. Sells 6,664 Shares of V2X, Inc. $VVX

Hennion & Walsh Asset Management Inc. lessened its holdings in V2X, Inc. (NYSE:VVX) by 11.4% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 51,815 shares of the company’s stock after selling 6,664 shares during the period. Hennion & Walsh Asset Management Inc. owned 0.17% of V2X worth $3,863,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Comerica Bank lifted its position in shares of 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. Fifth Third Bancorp purchased a new stake in shares of V2X during the first quarter worth about $46,000. Larson Financial Group LLC grew its position in shares of V2X by 207.3% during the third quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock worth $44,000 after purchasing an additional 512 shares in the last quarter. KBC Group NV bought a new stake in V2X during the 1st quarter valued at approximately $64,000. Finally, Osaic Holdings Inc. raised its stake in V2X by 140.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after purchasing an additional 623 shares during the period. Hedge funds and other institutional investors own 95.18% of the company’s stock.

V2X Stock Performance

NYSE:VVX opened at $82.63 on Tuesday. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 28.49, a PEG ratio of 0.66 and a beta of 0.21. V2X, Inc. has a 1 year low of $50.89 and a 1 year high of $93.98. The stock’s 50 day simple moving average is $81.05 and its two-hundred day simple moving average is $73.59. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.32 and a quick ratio of 1.32.

V2X (NYSE:VVX) last released its quarterly earnings data on Monday, August 3rd. The company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.44 by $0.20. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.21 billion. V2X had a net margin of 1.88% and a return on equity of 17.52%. V2X’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.33 earnings per share. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. As a group, equities analysts anticipate that V2X, Inc. will post 6.27 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have weighed in on VVX shares. Stifel Nicolaus set a $102.00 price target on V2X in a research note on Tuesday, August 4th. Wall Street Zen cut shares of V2X from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Truist Financial reissued a “hold” rating and issued a $85.00 target price (up from $70.00) on shares of V2X in a report on Tuesday, August 4th. Royal Bank Of Canada upped their target price on shares of V2X from $70.00 to $75.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 5th. Finally, Zacks Research upgraded shares of V2X from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $86.90.

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.