V2X, Inc. $VVX Shares Acquired by Principal Financial Group Inc.

Principal Financial Group Inc. lifted its stake in shares of V2X, Inc. (NYSE:VVX) by 55.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,181 shares of the company’s stock after purchasing an additional 17,474 shares during the quarter. Principal Financial Group Inc.’s holdings in V2X were worth $3,369,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of VVX. Comerica Bank lifted its holdings in shares of V2X by 79.1% during the third quarter. Comerica Bank now owns 480 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares during the period. Fifth Third Bancorp acquired a new position in V2X in the 1st quarter valued at $46,000. Larson Financial Group LLC increased its stake in V2X by 207.3% in the 3rd quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock valued at $44,000 after buying an additional 512 shares during the period. Osaic Holdings Inc. raised its position in V2X by 140.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock worth $52,000 after buying an additional 623 shares during the last quarter. Finally, New York State Teachers Retirement System raised its position in V2X by 16.6% during the 4th quarter. New York State Teachers Retirement System now owns 1,762 shares of the company’s stock worth $96,000 after buying an additional 251 shares during the last quarter. Hedge funds and other institutional investors own 95.18% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on VVX shares. Citigroup reaffirmed a “market outperform” rating on shares of V2X in a report on Tuesday. Morgan Stanley increased their price target on shares of V2X from $74.00 to $80.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. Citizens Jmp raised their price objective on shares of V2X from $90.00 to $102.00 and gave the company a “market outperform” rating in a research report on Tuesday. Raymond James Financial lowered V2X from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 24th. Finally, Royal Bank Of Canada boosted their target price on V2X from $70.00 to $75.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $82.10.

V2X Price Performance

Shares of NYSE:VVX opened at $86.11 on Thursday. The firm has a market capitalization of $2.70 billion, a price-to-earnings ratio of 30.87, a price-to-earnings-growth ratio of 0.72 and a beta of 0.22. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.25 and a quick ratio of 1.25. The business’s 50 day simple moving average is $80.03 and its 200-day simple moving average is $72.60. V2X, Inc. has a 12 month low of $46.27 and a 12 month high of $91.80.

V2X (NYSE:VVX) last released its quarterly earnings data on Monday, May 4th. The company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.29. The firm 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% on a year-over-year basis. During the same period last year, the business posted $0.98 EPS. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. As a group, equities analysts forecast that V2X, Inc. will post 6.16 earnings per share for the current fiscal year.

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.