Bank of America Corp DE Purchases New Position in V2X, Inc. $VVX

Key Points

• Bank of America acquired 1.17 million V2X shares worth approximately $87.5 million, giving it a 3.75% stake. Other institutions also increased their holdings, and institutional investors collectively own 95.18% of the company.
• V2X reported quarterly EPS of $1.64, beating estimates of $1.44, while revenue rose 16.5% year over year to $1.26 billion. The company provided fiscal 2026 EPS guidance of $5.90 to $6.30.
• Analyst sentiment is mixed, with an average “Hold” rating and a consensus price target of $86.90. Shares opened at $76.85, compared with a 12-month range of $50.89 to $93.98.

Bank of America Corp DE acquired a new position in shares of V2X, Inc. (NYSE:VVX - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,174,122 shares of the company's stock, valued at approximately $87,543,000. Bank of America Corp DE owned about 3.75% of V2X at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. BlackRock Inc. acquired a new stake in V2X during the 2nd quarter valued at $189,727,000. Reinhart Partners LLC. increased its stake in shares of V2X by 60.6% in the fourth quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company's stock valued at $77,964,000 after buying an additional 539,209 shares in the last quarter. William Blair Investment Management LLC bought a new position in shares of V2X in the fourth quarter valued at about $25,685,000. Dimensional Fund Advisors LP lifted its position in V2X by 12.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,503,707 shares of the company's stock worth $103,001,000 after buying an additional 169,980 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in V2X by 871.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 148,395 shares of the company's stock worth $11,064,000 after acquiring an additional 133,117 shares during the last quarter. Institutional investors and hedge funds own 95.18% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on VVX shares. Robert W. Baird reaffirmed a "neutral" rating and issued a $94.00 target price on shares of V2X in a research note on Tuesday, August 4th. Citigroup reissued a "market outperform" rating on shares of V2X in a report on Tuesday, July 28th. Wall Street Zen downgraded V2X from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. BTIG Research reiterated a "buy" rating and issued a $90.00 price objective on shares of V2X in a research report on Wednesday, May 27th. Finally, Truist Financial reissued a "hold" rating and issued a $85.00 target price (up from $70.00) on shares of V2X in a research note on Tuesday, August 4th. Six investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $86.90.

V2X Price Performance

NYSE VVX opened at $76.85 on Friday. The firm's 50 day moving average is $79.10 and its 200-day moving average is $75.47. 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 company has a market capitalization of $2.41 billion, a PE ratio of 26.50, a price-to-earnings-growth ratio of 0.59 and a beta of 0.17. V2X, Inc. has a 12-month low of $50.89 and a 12-month high of $93.98.

V2X (NYSE:VVX - Get Free Report) last announced 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. V2X had a net margin of 1.88% and a return on equity of 17.52%. The business had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.21 billion. During the same quarter in the prior year, the company posted $1.33 earnings per share. The firm's revenue was up 16.5% on a year-over-year basis. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. Equities research analysts anticipate that V2X, Inc. will post 6.33 earnings per share for the current fiscal year.

V2X Company Profile

V2X, Inc is a defense and government-services contractor that provides mission solutions to the U.S. government, allied nations and other public-sector customers. The company supports national security, aerospace and defense, space, and other critical government programs through integrated technical and operational services.

Its offerings include logistics and sustainment, aviation and ground-systems maintenance, training and readiness, engineering and modernization, information technology, cybersecurity, communications, and other mission-support services.

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