Reinhart Partners LLC. decreased its holdings in shares of V2X, Inc. (NYSE:VVX – Free Report) by 16.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,177,623 shares of the company’s stock after selling 228,793 shares during the quarter. V2X comprises about 2.0% of Reinhart Partners LLC.’s portfolio, making the stock its 21st biggest holding. Reinhart Partners LLC. owned approximately 3.76% of V2X worth $83,340,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of VVX. BlackRock Inc. acquired a new position in shares of V2X during the 2nd quarter worth approximately $189,727,000. Dimensional Fund Advisors LP lifted its stake in shares of V2X by 12.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,503,707 shares of the company’s stock valued at $103,001,000 after purchasing an additional 169,980 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of V2X in the 2nd quarter valued at $87,543,000. Van ECK Associates Corp purchased a new position in shares of V2X during the 2nd quarter worth $32,910,000. Finally, Bridgeway Capital Management LLC increased its position in shares of V2X by 5.8% during the 4th quarter. Bridgeway Capital Management LLC now owns 258,594 shares of the company’s stock worth $14,106,000 after purchasing an additional 14,084 shares during the last quarter. 95.18% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research firms have commented on VVX. Wall Street Zen cut shares of V2X from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Zacks Research cut shares of V2X from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. Citigroup reissued a “market outperform” rating on shares of V2X in a research note on Tuesday, July 28th. Weiss Ratings restated a “hold (c+)” rating on shares of V2X in a report on Tuesday, September 8th. Finally, Stifel Nicolaus set a $102.00 price objective on shares of V2X in a research report on Tuesday, August 4th. Six investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $86.90.
V2X Stock Performance
Shares of V2X stock opened at $71.27 on Friday. The business has a 50-day moving average of $76.43 and a 200 day moving average of $75.71. V2X, Inc. has a 12 month low of $50.89 and a 12 month high of $93.98. The stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 24.58, a price-to-earnings-growth ratio of 0.55 and a beta of 0.18. 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 – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported $1.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.20. V2X had a net margin of 1.88% and a return on equity of 17.52%. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period in the prior year, the firm earned $1.33 earnings per share. The business’s revenue for the quarter was up 16.5% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. As a group, sell-side analysts forecast that V2X, Inc. will post 6.27 earnings per share for the current year.
About V2X
V2X, Inc is a government services and defense contractor that provides mission solutions to the U.S. Department of Defense, other federal agencies, and allied governments. The company supports military and government customers across the life cycle of complex programs, with services spanning operations, maintenance, logistics, training, modernization, and technical support.
Its capabilities include aircraft and equipment sustainment, supply-chain and logistics management, base and installation operations, mission support, information technology, cybersecurity, engineering, and workforce training.
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