Allianz Asset Management GmbH Invests $2.26 Million in V2X, Inc. $VVX

Key Points

• Allianz Asset Management acquired 30,293 V2X shares worth approximately $2.26 million, while institutional investors collectively own 95.18% of the company.
• V2X reported quarterly EPS of $1.64, beating estimates of $1.44, and revenue of $1.26 billion, up 16.5% year over year and above expectations.
• Shares opened at $72.22, below the analyst consensus target of $86.90. Analyst sentiment is mixed, with an overall “Hold” rating from six Buy, seven Hold, and one Sell recommendation.

Allianz Asset Management GmbH acquired a new position in shares of V2X, Inc. (NYSE:VVX - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 30,293 shares of the company's stock, valued at approximately $2,259,000. Allianz Asset Management GmbH owned 0.10% of V2X at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. BlackRock Inc. acquired a new position in shares of V2X in the second quarter valued at about $189,727,000. California State Teachers Retirement System boosted its position in V2X by 8,314.4% in the second quarter. California State Teachers Retirement System now owns 2,486,129 shares of the company's stock valued at $185,366,000 after buying an additional 2,456,583 shares during the last quarter. Bank of America Corp DE purchased a new stake in V2X in the second quarter valued at approximately $87,543,000. Wellington Management Group LLP increased its holdings in V2X by 842.1% in the 3rd quarter. Wellington Management Group LLP now owns 803,517 shares of the company's stock worth $46,676,000 after buying an additional 718,225 shares during the period. Finally, Boston Partners increased its holdings in V2X by 5,323.3% in the 3rd quarter. Boston Partners now owns 553,235 shares of the company's stock worth $32,139,000 after buying an additional 543,034 shares during the period. 95.18% of the stock is owned by hedge funds and other institutional investors.

V2X Stock Performance

NYSE VVX opened at $72.22 on Thursday. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 24.90, a PEG ratio of 0.58 and a beta of 0.17. V2X, Inc. has a twelve month low of $50.89 and a twelve month high of $93.98. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.92. The stock has a 50-day moving average of $79.22 and a 200 day moving average of $75.24.

V2X (NYSE:VVX - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported $1.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.44 by $0.20. The company 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%.V2X's revenue for the quarter was up 16.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.33 earnings per share. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. Sell-side analysts anticipate that V2X, Inc. will post 6.27 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently issued reports on VVX. Noble Financial restated an "outperform" rating on shares of V2X in a research report on Tuesday, June 2nd. Stifel Nicolaus set a $102.00 price target on V2X in a research report on Tuesday, August 4th. BTIG Research reiterated a "buy" rating and set a $90.00 price objective on shares of V2X in a research note on Wednesday, May 27th. Citigroup reissued a "market outperform" rating on shares of V2X in a report on Tuesday, July 28th. Finally, Zacks Research lowered V2X from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 7th. Six analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $86.90.

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.

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