110,406 Shares in V2X, Inc. $VVX Acquired by Empowered Funds LLC

Key Points

• Empowered Funds LLC has acquired a new stake in V2X, Inc. by purchasing 110,406 shares valued at approximately $5.4 million, representing 0.35% of the company.
• V2X recently posted quarterly earnings of $1.33 per share, surpassing analysts' expectations, and has set its FY 2025 EPS guidance between $4.650 and $4.950.
• V2X stock currently has a consensus rating of "Moderate Buy" with an average target price of $63.36, although it has seen fluctuations, including a stock price decrease of 0.7% recently.

Empowered Funds LLC bought a new position in V2X, Inc. (NYSE:VVX - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 110,406 shares of the company's stock, valued at approximately $5,415,000. Empowered Funds LLC owned about 0.35% of V2X at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Simcoe Capital Management LLC lifted its holdings in shares of V2X by 252.8% during the fourth quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company's stock valued at $35,057,000 after purchasing an additional 525,204 shares in the last quarter. Nuveen LLC bought a new position in shares of V2X during the first quarter valued at $19,753,000. Bridgeway Capital Management LLC bought a new position in shares of V2X during the first quarter valued at $11,036,000. Pacer Advisors Inc. bought a new position in shares of V2X during the first quarter valued at $8,853,000. Finally, Victory Capital Management Inc. lifted its holdings in shares of V2X by 61.1% during the first quarter. Victory Capital Management Inc. now owns 469,724 shares of the company's stock valued at $23,040,000 after purchasing an additional 178,136 shares in the last quarter. 95.18% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Dino M. Cusumano sold 1,700,000 shares of the firm's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $52.20, for a total transaction of $88,740,000.00. Following the completion of the sale, the director directly owned 8,000,001 shares of the company's stock, valued at approximately $417,600,052.20. This trade represents a 17.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder American Industrial Partners C sold 1,700,000 shares of the firm's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $52.20, for a total value of $88,740,000.00. Following the sale, the insider directly owned 8,000,001 shares of the company's stock, valued at $417,600,052.20. This represents a 17.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 5,400,000 shares of company stock valued at $277,480,000 over the last three months. 0.88% of the stock is owned by corporate insiders.

V2X Trading Up 0.9%

Shares of NYSE:VVX traded up $0.49 during trading on Wednesday, hitting $57.11. The company had a trading volume of 45,579 shares, compared to its average volume of 273,643. The stock has a market cap of $1.81 billion, a price-to-earnings ratio of 26.03, a price-to-earnings-growth ratio of 0.56 and a beta of 0.30. V2X, Inc. has a one year low of $41.08 and a one year high of $69.75. The company has a fifty day simple moving average of $53.37 and a two-hundred day simple moving average of $49.84. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.20 and a quick ratio of 1.20.

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

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. 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 raised V2X from a "neutral" rating to a "buy" rating and increased their target price for the company from $55.00 to $65.00 in a report on Wednesday, August 13th. Wall Street Zen raised V2X from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 30th. Finally, The Goldman Sachs Group increased their target price on V2X from $45.00 to $50.00 and gave the company a "sell" rating in a report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, V2X has an average rating of "Moderate Buy" and an average target price 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.