Hsbc Holdings PLC Purchases 8,282 Shares of V2X, Inc. $VVX

Hsbc Holdings PLC grew its position in V2X, Inc. (NYSE:VVX) by 91.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,373 shares of the company’s stock after purchasing an additional 8,282 shares during the period. Hsbc Holdings PLC’s holdings in V2X were worth $1,173,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Moran Wealth Management LLC bought a new stake in shares of V2X in the 1st quarter valued at $215,000. New York State Teachers Retirement System lifted its holdings in V2X by 20.9% during the first quarter. New York State Teachers Retirement System now owns 2,130 shares of the company’s stock worth $146,000 after acquiring an additional 368 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in V2X by 13.0% in the first quarter. Janney Montgomery Scott LLC now owns 55,298 shares of the company’s stock valued at $3,788,000 after acquiring an additional 6,383 shares during the period. Pictet Asset Management Holding SA acquired a new position in V2X in the first quarter valued at about $278,000. Finally, Vident Advisory LLC increased its holdings in shares of V2X by 2.5% in the fourth quarter. Vident Advisory LLC now owns 10,778 shares of the company’s stock worth $588,000 after acquiring an additional 261 shares in the last quarter. Institutional investors and hedge funds own 95.18% of the company’s stock.

Wall Street Analyst Weigh In

VVX has been the topic of a number of research analyst reports. Noble Financial reaffirmed an “outperform” rating on shares of V2X in a research report on Tuesday, June 2nd. Citigroup reiterated a “market outperform” rating on shares of V2X in a research report on Tuesday. Stifel Nicolaus raised their target price on shares of V2X from $77.50 to $79.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Bank of America lifted their price target on shares of V2X from $78.00 to $93.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Finally, Weiss Ratings lowered shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, V2X currently has an average rating of “Moderate Buy” and an average target price of $82.10.

V2X Price Performance

VVX stock opened at $90.13 on Wednesday. The stock has a 50-day moving average price of $79.74 and a two-hundred day moving average price of $72.43. V2X, Inc. has a 1 year low of $46.27 and a 1 year high of $91.80. The stock has a market cap of $2.82 billion, a PE ratio of 32.31, a price-to-earnings-growth ratio of 0.69 and a beta of 0.22. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.96.

V2X (NYSE:VVX) last issued its quarterly earnings results on Monday, May 4th. The company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.29. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.13 billion. V2X had a return on equity of 16.94% and a net margin of 1.88%.The company’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.98 earnings per share. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. Equities analysts forecast that V2X, Inc. will post 6.16 EPS for the current fiscal year.

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.