Invesco Ltd. Has $11.37 Million Stake in V2X, Inc. $VVX

Key Points

• Invesco Ltd. increased its stake in V2X, Inc. by 2.4%, acquiring an additional 5,439 shares during the first quarter, raising its total ownership to approximately 231,744 shares worth $11.37 million.
• Multiple institutional investors significantly boosted their stakes in V2X, with GAMMA Investing LLC increasing its position by over 3,400% during the same period.
• Wall Street analysts have varying ratings for V2X, but the overall consensus is a "Moderate Buy," with a target price averaging around $63.36.

Invesco Ltd. grew its holdings in V2X, Inc. (NYSE:VVX - Free Report) by 2.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 231,744 shares of the company's stock after purchasing an additional 5,439 shares during the quarter. Invesco Ltd. owned about 0.73% of V2X worth $11,367,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company increased its position in V2X by 3.7% in the 4th quarter. The Manufacturers Life Insurance Company now owns 7,376 shares of the company's stock worth $353,000 after buying an additional 266 shares during the period. LPL Financial LLC increased its position in V2X by 11.0% in the 4th quarter. LPL Financial LLC now owns 5,112 shares of the company's stock worth $245,000 after buying an additional 508 shares during the period. CWM LLC raised its position in shares of V2X by 239.0% during the first quarter. CWM LLC now owns 990 shares of the company's stock valued at $49,000 after buying an additional 698 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of V2X by 37.7% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,281 shares of the company's stock valued at $161,000 after buying an additional 899 shares during the last quarter. Finally, State of Wyoming acquired a new position in shares of V2X during the fourth quarter valued at about $45,000. 95.18% of the stock is owned by institutional investors.

Insider Transactions at V2X

In other V2X news, SVP Richard L. Jr. Caputo sold 4,000 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $44.43, for a total value of $177,720.00. Following the completion of the transaction, the senior vice president directly owned 15,869 shares of the company's stock, valued at approximately $705,059.67. The trade was a 20.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Dino M. Cusumano sold 2,000,000 shares of the business's stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $50.00, for a total transaction of $100,000,000.00. Following the completion of the transaction, the director directly owned 9,700,001 shares of the company's stock, valued at approximately $485,000,050. This represents a 17.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.10% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on VVX shares. Wall Street Zen raised shares of V2X from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. The Goldman Sachs Group upped their price objective on shares of V2X from $45.00 to $50.00 and gave the company a "sell" rating in a research report on Wednesday, August 13th. Bank of America raised shares of V2X from a "neutral" rating to a "buy" rating and upped their price objective for the company from $55.00 to $65.00 in a research report on Wednesday, August 13th. Finally, Stifel Nicolaus set a $63.00 price objective on shares of V2X and gave the company a "buy" rating in a research report on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, V2X presently has a consensus rating of "Moderate Buy" and a consensus target price of $63.36.

V2X Price Performance

NYSE:VVX traded down $0.30 on Friday, reaching $57.46. The stock had a trading volume of 297,250 shares, compared to its average volume of 495,676. The company has a market capitalization of $1.82 billion, a P/E ratio of 26.12, a price-to-earnings-growth ratio of 0.59 and a beta of 0.27. V2X, Inc. has a 1-year low of $41.08 and a 1-year high of $69.75. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.02. The stock has a fifty day moving average price of $51.66 and a 200-day moving average price of $48.97.

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

V2X Company 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.