EntryPoint Capital LLC Buys New Stake in VSE Corporation $VSEC

Key Points

• EntryPoint Capital LLC acquired 2,996 shares of VSE Corporation (NASDAQ:VSEC), valued at approximately $359,000, during the first quarter.
• VSE Corporation reported a quarterly EPS of $0.97, exceeding analysts' estimates, and its revenue increased by 41.1% year-over-year to $272.14 million.
• Several analysts have raised their price targets for VSE, with a consensus rating of "Buy" and an average price target of $145.00.

EntryPoint Capital LLC purchased a new position in shares of VSE Corporation (NASDAQ:VSEC - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,996 shares of the construction company's stock, valued at approximately $359,000.

Several other large investors have also recently bought and sold shares of VSEC. Northern Trust Corp lifted its holdings in shares of VSE by 11.6% during the 1st quarter. Northern Trust Corp now owns 227,009 shares of the construction company's stock worth $27,239,000 after acquiring an additional 23,687 shares during the period. Neuberger Berman Group LLC grew its holdings in VSE by 100.5% during the 1st quarter. Neuberger Berman Group LLC now owns 755,461 shares of the construction company's stock worth $90,648,000 after acquiring an additional 378,661 shares during the period. Informed Momentum Co LLC acquired a new stake in shares of VSE during the 1st quarter worth approximately $3,524,000. HighTower Advisors LLC acquired a new stake in shares of VSE in the 1st quarter valued at about $268,000. Finally, Nuveen LLC acquired a new position in shares of VSE during the first quarter valued at about $5,967,000. 91.54% of the stock is owned by institutional investors.

VSE Stock Down 0.3%

NASDAQ:VSEC traded down $0.49 during mid-day trading on Wednesday, hitting $166.54. The stock had a trading volume of 26,391 shares, compared to its average volume of 246,053. The company has a current ratio of 3.73, a quick ratio of 1.44 and a debt-to-equity ratio of 0.38. The stock has a 50-day simple moving average of $142.62 and a two-hundred day simple moving average of $126.84. The company has a market capitalization of $3.44 billion, a PE ratio of 148.69 and a beta of 1.33. VSE Corporation has a twelve month low of $80.60 and a twelve month high of $169.00.

VSE (NASDAQ:VSEC - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The construction company reported $0.97 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.28. The firm had revenue of $272.14 million during the quarter, compared to the consensus estimate of $267.39 million. VSE had a net margin of 1.94% and a return on equity of 7.25%. The firm's revenue was up 41.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.47 earnings per share. VSE has set its FY 2025 guidance at EPS. On average, equities research analysts anticipate that VSE Corporation will post 2.96 EPS for the current year.

VSE Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 29th. Investors of record on Wednesday, October 15th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, October 15th. VSE's dividend payout ratio is currently 35.71%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. B. Riley boosted their target price on shares of VSE from $145.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Royal Bank Of Canada lifted their price target on shares of VSE from $150.00 to $180.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Finally, Truist Financial increased their price target on shares of VSE from $130.00 to $140.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $145.00.

About VSE

VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through two segments, Aviation and Fleet. The Aviation segment provides aftermarket parts supply and distribution; maintenance, repair, and overhaul services for components and engine accessories supporting commercial, business, and general aviation operators.