Jackson Creek Investment Advisors LLC acquired a new stake in V2X, Inc. (NYSE:VVX – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,404 shares of the company’s stock, valued at approximately $404,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. SG Americas Securities LLC increased its position in shares of V2X by 360.0% during the fourth quarter. SG Americas Securities LLC now owns 18,939 shares of the company’s stock valued at $1,033,000 after acquiring an additional 14,822 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in V2X by 1,157.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 206,747 shares of the company’s stock valued at $11,487,000 after acquiring an additional 190,302 shares in the last quarter. Victory Capital Management Inc. grew its position in V2X by 12.4% in the 3rd quarter. Victory Capital Management Inc. now owns 753,312 shares of the company’s stock valued at $43,760,000 after acquiring an additional 83,400 shares in the last quarter. Tudor Investment Corp ET AL acquired a new position in V2X in the 3rd quarter valued at about $1,462,000. Finally, Vanguard Group Inc. grew its position in V2X by 17.9% in the 3rd quarter. Vanguard Group Inc. now owns 1,189,562 shares of the company’s stock valued at $69,102,000 after acquiring an additional 180,702 shares in the last quarter. 95.18% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, major shareholder American Industrial Partners C sold 2,545,432 shares of the company’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $68.21, for a total value of $173,623,916.72. Following the completion of the sale, the insider owned 2,004,569 shares in the company, valued at $136,731,651.49. This represents a 55.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.99% of the stock is currently owned by company insiders.
V2X Price Performance
V2X (NYSE:VVX – Get Free Report) last released its quarterly earnings results on Monday, May 4th. The company reported $1.53 EPS for the quarter, beating the consensus estimate of $1.24 by $0.29. V2X had a net margin of 1.88% and a return on equity of 16.94%. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the firm earned $0.98 EPS. V2X’s revenue for the quarter was up 23.4% on a year-over-year basis. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. On average, research analysts forecast that V2X, Inc. will post 6.13 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several research firms have weighed in on VVX. Morgan Stanley lifted their target price on V2X from $74.00 to $80.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. Citizens Jmp lifted their target price on V2X from $80.00 to $90.00 and gave the company a “market outperform” rating in a research report on Tuesday, May 5th. Truist Financial boosted their price target on shares of V2X from $68.00 to $70.00 and gave the stock a “hold” rating in a report on Tuesday, May 5th. Citigroup reiterated an “outperform” rating on shares of V2X in a report on Tuesday, May 5th. Finally, Stifel Nicolaus boosted their price target on shares of V2X from $77.50 to $79.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, V2X currently has a consensus rating of “Moderate Buy” and a consensus target price of $77.80.
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.
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