Van ECK Associates Corp Buys New Stake in V2X, Inc. $VVX

Van ECK Associates Corp bought a new stake in V2X, Inc. (NYSE:VVX) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 441,391 shares of the company’s stock, valued at approximately $32,910,000. Van ECK Associates Corp owned approximately 1.41% of V2X as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. PNC Financial Services Group Inc. increased its position in shares of V2X by 4.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,986 shares of the company’s stock worth $217,000 after purchasing an additional 165 shares in the last quarter. Comerica Bank grew its stake in V2X by 79.1% during the 3rd quarter. Comerica Bank now owns 480 shares of the company’s stock worth $28,000 after buying an additional 212 shares during the last quarter. Allworth Financial LP grew its stake in V2X by 44.6% during the 2nd quarter. Allworth Financial LP now owns 765 shares of the company’s stock worth $57,000 after buying an additional 236 shares during the last quarter. New York State Teachers Retirement System increased 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 valued at $96,000 after buying an additional 251 shares in the last quarter. Finally, Vident Advisory LLC increased its position in V2X by 2.5% during the 4th quarter. Vident Advisory LLC now owns 10,778 shares of the company’s stock valued at $588,000 after buying an additional 261 shares in the last quarter. 95.18% of the stock is owned by hedge funds and other institutional investors.

V2X Stock Performance

Shares of VVX stock opened at $77.93 on Monday. The business has a fifty day moving average of $79.29 and a 200 day moving average of $74.79. V2X, Inc. has a 1 year low of $50.89 and a 1 year high of $93.98. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.32 and a quick ratio of 1.32. The firm has a market capitalization of $2.44 billion, a price-to-earnings ratio of 26.87, a price-to-earnings-growth ratio of 0.61 and a beta of 0.21.

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

Wall Street Analyst Weigh In

VVX has been the subject of several recent analyst reports. Royal Bank Of Canada raised their price target on V2X from $70.00 to $75.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 5th. BTIG Research restated a “buy” rating and set a $90.00 price objective on shares of V2X in a report on Wednesday, May 27th. Zacks Research lowered shares of V2X from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. Morgan Stanley increased their price objective on shares of V2X from $80.00 to $90.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 4th. Finally, Citizens Jmp lifted their target price on shares of V2X from $90.00 to $102.00 and gave the stock a “market outperform” rating in a research note on Tuesday, July 28th. Six equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus 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.