Bank of America Corp DE raised its stake in V2X, Inc. (NYSE:VVX - Free Report) by 26.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 517,369 shares of the company's stock after acquiring an additional 108,430 shares during the period. Bank of America Corp DE owned approximately 1.65% of V2X worth $35,440,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in VVX. Comerica Bank grew its position in V2X by 79.1% during the third quarter. Comerica Bank now owns 480 shares of the company's stock valued at $28,000 after buying an additional 212 shares during the period. Larson Financial Group LLC lifted its position in shares of V2X by 207.3% in the third quarter. Larson Financial Group LLC now owns 759 shares of the company's stock worth $44,000 after buying an additional 512 shares in the last quarter. Fifth Third Bancorp bought a new position in V2X during the first quarter valued at $46,000. Osaic Holdings Inc. increased its position in shares of V2X by 140.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,068 shares of the company's stock valued at $52,000 after purchasing an additional 623 shares during the last quarter. Finally, KBC Group NV purchased a new position in V2X during the 1st quarter valued at $64,000. 95.18% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several brokerages have issued reports on VVX. Noble Financial reaffirmed an "outperform" rating on shares of V2X in a research report on Tuesday, June 2nd. Weiss Ratings cut V2X from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, June 11th. Zacks Research cut shares of V2X from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 7th. Bank of America lifted their price objective on shares of V2X from $78.00 to $93.00 and gave the stock a "buy" rating in a research note on Friday, May 29th. Finally, Morgan Stanley increased their price target on shares of V2X from $80.00 to $90.00 and gave the stock an "equal weight" rating in a report on Tuesday, August 4th. Six research 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 data from MarketBeat.com, V2X currently has a consensus rating of "Hold" and an average price target of $86.90.
Check Out Our Latest Stock Report on V2X
V2X Stock Performance
Shares of VVX stock opened at $82.90 on Friday. The stock's 50-day moving average price is $80.88 and its 200 day moving average price is $73.90. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.92. The stock has a market capitalization of $2.60 billion, a PE ratio of 28.59, a price-to-earnings-growth ratio of 0.63 and a beta of 0.21. V2X, Inc. has a 52-week low of $50.89 and a 52-week high of $93.98.
V2X (NYSE:VVX - Get Free Report) last released its earnings results on Monday, August 3rd. The company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.44 by $0.20. The company had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.21 billion. V2X had a net margin of 1.88% and a return on equity of 17.52%. The business's revenue was up 16.5% on a year-over-year basis. During the same quarter last year, the business earned $1.33 EPS. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. As a group, equities research analysts forecast that V2X, Inc. will post 6.27 EPS for the current year.
About V2X
(
Free Report)
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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