Peregrine Capital Management LLC Cuts Stock Position in V2X, Inc. $VVX

Peregrine Capital Management LLC cut its holdings in shares of V2X, Inc. (NYSE:VVX) by 8.8% during the first quarter, Holdings Channel.com reports. The fund owned 84,428 shares of the company’s stock after selling 8,141 shares during the period. Peregrine Capital Management LLC’s holdings in V2X were worth $5,783,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Royal Bank of Canada raised its stake in V2X by 46.6% during the 1st quarter. Royal Bank of Canada now owns 5,813 shares of the company’s stock valued at $284,000 after purchasing an additional 1,847 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in V2X by 22.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,867 shares of the company’s stock worth $484,000 after purchasing an additional 1,826 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in V2X by 10.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 49,544 shares of the company’s stock worth $2,430,000 after purchasing an additional 4,747 shares during the period. Jane Street Group LLC purchased a new stake in V2X during the 1st quarter valued at approximately $329,000. Finally, Rhumbline Advisers grew its holdings in V2X by 20.8% during the 2nd quarter. Rhumbline Advisers now owns 27,992 shares of the company’s stock valued at $1,359,000 after buying an additional 4,824 shares in the last quarter. 95.18% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VVX has been the topic of several research analyst reports. Bank of America boosted their target price on shares of V2X from $78.00 to $93.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Weiss Ratings cut shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, June 11th. Noble Financial reiterated an “outperform” rating on shares of V2X in a report on Tuesday, June 2nd. BTIG Research reiterated a “buy” rating and issued a $90.00 price target on shares of V2X in a research note on Wednesday, May 27th. Finally, Raymond James Financial downgraded shares of V2X from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, V2X currently has an average rating of “Hold” and an average price target of $80.90.

V2X Stock Down 3.8%

Shares of VVX opened at $71.72 on Thursday. 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 stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 25.70, a price-to-earnings-growth ratio of 0.59 and a beta of 0.22. V2X, Inc. has a 1 year low of $46.07 and a 1 year high of $91.80. The business’s 50 day simple moving average is $76.31 and its 200-day simple moving average is $69.42.

V2X (NYSE:VVX) last announced 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 firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.13 billion. V2X had a net margin of 1.88% and a return on equity of 16.94%. The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.98 EPS. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. As a group, equities analysts expect that V2X, Inc. will post 6.16 earnings per share 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.