AQR Capital Management LLC Increases Position in V2X, Inc. $VVX

Key Points

• AQR Capital Management LLC increased its stake in V2X, Inc. by 149.6% in Q1, acquiring an additional 70,728 shares to own 118,012 shares valued at approximately $5.79 million.
• V2X reported a quarterly earnings per share (EPS) of $1.33, surpassing analyst estimates, and set its FY 2025 guidance between $4.650 to $4.950 EPS.
• Director Dino M. Cusumano sold 2 million shares of V2X for $100 million, resulting in a significant reduction of his ownership in the company.

AQR Capital Management LLC lifted its position in V2X, Inc. (NYSE:VVX - Free Report) by 149.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 118,012 shares of the company's stock after purchasing an additional 70,728 shares during the period. AQR Capital Management LLC owned 0.37% of V2X worth $5,788,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. State of Wyoming purchased a new stake in shares of V2X in the fourth quarter valued at approximately $45,000. CWM LLC boosted its holdings in shares of V2X by 239.0% in the first quarter. CWM LLC now owns 990 shares of the company's stock valued at $49,000 after purchasing an additional 698 shares during the period. Whipplewood Advisors LLC boosted its holdings in shares of V2X by 4,066.7% in the first quarter. Whipplewood Advisors LLC now owns 1,000 shares of the company's stock valued at $49,000 after purchasing an additional 976 shares during the period. Wealthquest Corp purchased a new stake in shares of V2X in the first quarter valued at approximately $97,000. Finally, GAMMA Investing LLC boosted its holdings in shares of V2X by 3,403.3% in the first quarter. GAMMA Investing LLC now owns 3,188 shares of the company's stock valued at $156,000 after purchasing an additional 3,097 shares during the period. Hedge funds and other institutional investors own 95.18% of the company's stock.

Insider Buying and Selling

In other V2X news, Director Dino M. Cusumano sold 2,000,000 shares of the company's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $50.00, for a total value of $100,000,000.00. Following the sale, the director directly owned 9,700,001 shares of the company's stock, valued at approximately $485,000,050. This represents a 17.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.10% of the company's stock.

V2X Stock Down 1.0%

V2X stock opened at $54.08 on Friday. The business has a fifty day moving average of $53.14 and a two-hundred day moving average of $49.71. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.02. The firm has a market cap of $1.71 billion, a P/E ratio of 24.58, a P/E/G ratio of 0.56 and a beta of 0.30. V2X, Inc. has a twelve month low of $41.08 and a twelve month high of $69.75.

V2X (NYSE:VVX - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.00 by $0.33. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.06 billion. V2X had a return on equity of 15.28% and a net margin of 1.63%.The business's quarterly revenue was up .6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.83 earnings per share. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. On average, analysts forecast that V2X, Inc. will post 4.16 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on VVX. Stifel Nicolaus set a $63.00 price target on V2X and gave the company a "buy" rating in a report on Tuesday, August 5th. Bank of America upgraded V2X from a "neutral" rating to a "buy" rating and boosted their price target for the company from $55.00 to $65.00 in a report on Wednesday, August 13th. Wall Street Zen upgraded V2X from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 30th. Finally, The Goldman Sachs Group upped their target price on V2X from $45.00 to $50.00 and gave the stock a "sell" rating in a report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, V2X has an average rating of "Moderate Buy" and a consensus price target of $63.36.

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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