Empowered Funds LLC Makes New $5.42 Million Investment in V2X, Inc. $VVX

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 purchased a new position in V2X, Inc. (NYSE:VVX - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 110,406 shares of the company's stock, valued at approximately $5,415,000. Empowered Funds LLC owned about 0.35% of V2X as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in V2X by 2.8% in the first quarter. Vanguard Group Inc. now owns 923,334 shares of the company's stock worth $45,290,000 after buying an additional 25,222 shares in the last quarter. Simcoe Capital Management LLC raised its stake in V2X by 252.8% in the fourth quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company's stock worth $35,057,000 after buying an additional 525,204 shares in the last quarter. Victory Capital Management Inc. raised its stake in V2X by 61.1% in the first quarter. Victory Capital Management Inc. now owns 469,724 shares of the company's stock worth $23,040,000 after buying an additional 178,136 shares in the last quarter. Nuveen LLC bought a new position in V2X in the first quarter worth about $19,753,000. Finally, Zimmer Partners LP raised its stake in V2X by 48.5% in the fourth quarter. Zimmer Partners LP now owns 389,609 shares of the company's stock worth $18,635,000 after buying an additional 127,189 shares in the last quarter. 95.18% of the stock is owned by institutional investors.

V2X Stock Performance

VVX stock traded down $0.57 on Friday, hitting $54.08. The company had a trading volume of 356,704 shares, compared to its average volume of 329,838. V2X, Inc. has a 12-month low of $41.08 and a 12-month high of $69.75. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.02. The stock's 50-day simple moving average is $53.14 and its 200 day simple moving average is $49.74. The stock has a market cap of $1.71 billion, a price-to-earnings ratio of 10.97, a P/E/G ratio of 0.55 and a beta of 0.30.

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

Insider Transactions at V2X

In related news, Director Dino M. Cusumano sold 2,000,000 shares of the firm's stock in a transaction that occurred 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 owned 9,700,001 shares in the company, valued at approximately $485,000,050. This trade represents a 17.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.88% of the company's stock.

Analyst Ratings Changes

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

V2X Profile

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.