Reinhart Partners LLC. Makes New $14.08 Million Investment in V2X, Inc. $VVX

Key Points

• Reinhart Partners LLC has invested approximately $14.08 million in V2X, Inc., acquiring 290,081 shares, representing 0.92% of the company's total stock as of their latest SEC filing.
• V2X recently reported an earnings per share (EPS) of $1.33 for the quarter, exceeding analysts' expectations and showing a year-over-year revenue increase.
• Insider trading activity has increased with major shareholders selling 5.4 million shares valued over $277 million in total, indicating significant shifts in ownership among insiders.

Reinhart Partners LLC. purchased a new position in V2X, Inc. (NYSE:VVX - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 290,081 shares of the company's stock, valued at approximately $14,083,000. Reinhart Partners LLC. owned about 0.92% of V2X at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Nuveen LLC acquired a new stake in shares of V2X during the 1st quarter valued at about $19,753,000. Bridgeway Capital Management LLC acquired a new stake in shares of V2X during the 1st quarter valued at about $11,036,000. Pacer Advisors Inc. acquired a new stake in shares of V2X during the 1st quarter valued at about $8,853,000. Victory Capital Management Inc. boosted its position in shares of V2X by 61.1% during the 1st quarter. Victory Capital Management Inc. now owns 469,724 shares of the company's stock valued at $23,040,000 after acquiring an additional 178,136 shares in the last quarter. Finally, Zimmer Partners LP boosted its position in shares of V2X by 48.5% during the 4th quarter. Zimmer Partners LP now owns 389,609 shares of the company's stock valued at $18,635,000 after acquiring an additional 127,189 shares in the last quarter. 95.18% of the stock is currently owned by institutional investors and hedge funds.

V2X Stock Down 6.9%

VVX traded down $4.11 during trading hours on Friday, hitting $55.10. 1,273,571 shares of the company's stock were exchanged, compared to its average volume of 352,097. V2X, Inc. has a 1-year low of $41.08 and a 1-year high of $69.75. The stock's 50-day moving average is $53.85 and its two-hundred day moving average is $50.08. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 25.05, a PEG ratio of 0.56 and a beta of 0.30. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.02.

V2X (NYSE:VVX - Get Free Report) last announced its earnings results on Monday, August 4th. The company reported $1.33 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 business had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.06 billion. During the same quarter in the prior year, the company posted $0.83 earnings per share. The firm's revenue was up .6% on a year-over-year basis. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. Sell-side analysts predict that V2X, Inc. will post 4.16 earnings per share for the current fiscal year.

Insider Buying and Selling at V2X

In related news, Director Dino M. Cusumano sold 2,000,000 shares of the stock in a transaction on Monday, August 11th. The shares were 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 owned 9,700,001 shares in the company, valued at approximately $485,000,050. This 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 this hyperlink. Also, major shareholder American Industrial Partners C sold 1,700,000 shares of the company's stock in a transaction 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 sale, the insider directly owned 8,000,001 shares in the company, valued at $417,600,052.20. This trade represents a 17.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 5,400,000 shares of company stock valued at $277,480,000 in the last 90 days. 1.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

VVX has been the topic of a number of recent analyst reports. Bank of America upgraded shares of V2X from a "neutral" rating to a "buy" rating and boosted their price target for the company from $55.00 to $65.00 in a research report on Wednesday, August 13th. Stifel Nicolaus set a $63.00 price target on shares of V2X and gave the company a "buy" rating in a research report on Tuesday, August 5th. Morgan Stanley boosted their price target on shares of V2X from $51.00 to $55.00 and gave the company an "underweight" rating in a research report on Friday. The Goldman Sachs Group boosted their price target 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. Finally, Wall Street Zen upgraded shares of V2X from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 30th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, V2X presently has an average rating of "Moderate Buy" and an average target price of $63.73.

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.