Legal & General Group Plc Has $1.83 Million Holdings in V2X, Inc. $VVX

Legal & General Group Plc cut its holdings in V2X, Inc. (NYSE:VVX) by 56.1% in the second quarter, HoldingsChannel reports. The firm owned 24,495 shares of the company’s stock after selling 31,311 shares during the period. Legal & General Group Plc’s holdings in V2X were worth $1,826,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in VVX. Comerica Bank increased its holdings in shares of V2X by 79.1% during the 3rd quarter. Comerica Bank now owns 480 shares of the company’s stock valued at $28,000 after acquiring an additional 212 shares during the last quarter. Fifth Third Bancorp bought a new stake in V2X during the first quarter worth approximately $46,000. Larson Financial Group LLC boosted its position in V2X by 207.3% during the third quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock worth $44,000 after purchasing an additional 512 shares during the period. Allworth Financial LP grew its holdings in V2X by 44.6% during the second quarter. Allworth Financial LP now owns 765 shares of the company’s stock valued at $57,000 after purchasing an additional 236 shares during the last quarter. Finally, KBC Group NV acquired a new position in V2X during the first quarter valued at approximately $64,000. Institutional investors and hedge funds own 95.18% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on VVX shares. Stifel Nicolaus set a $102.00 price objective on shares of V2X in a research note on Tuesday, August 4th. Weiss Ratings lowered shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, June 11th. Wall Street Zen downgraded shares of V2X from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Noble Financial restated an “outperform” rating on shares of V2X in a report on Tuesday, June 2nd. Finally, Truist Financial reaffirmed a “hold” rating and issued a $85.00 price target (up from $70.00) on shares of V2X in a research report on Tuesday, August 4th. Six analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $86.90.

V2X Stock Performance

Shares of NYSE:VVX opened at $74.24 on Monday. 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 business’s fifty day moving average price is $79.15 and its two-hundred day moving average price is $75.15. V2X, Inc. has a fifty-two week low of $50.89 and a fifty-two week high of $93.98. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 25.60, a price-to-earnings-growth ratio of 0.58 and a beta of 0.17.

V2X (NYSE:VVX) last issued its earnings results on Monday, August 3rd. The company reported $1.64 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $1.21 billion. During the same quarter in the previous year, the company earned $1.33 EPS. The firm’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, analysts predict that V2X, Inc. will post 6.27 EPS for the current fiscal year.

About V2X

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.