Talon Private Wealth LLC Takes Position in VSE Corporation $VSEC

Key Points

• Talon Private Wealth LLC has acquired a new position in VSE Corporation, purchasing 8,507 shares valued at approximately $1 million during the first quarter.
• Institutional investors collectively own 91.54% of VSE's stock, with several firms significantly increasing their stakes in the fourth quarter.
• VSE Corporation has reported a 41.1% year-over-year revenue increase for the quarter, achieving earnings per share of $0.97, surpassing the consensus estimate by $0.28.

Talon Private Wealth LLC purchased a new stake in shares of VSE Corporation (NASDAQ:VSEC - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,507 shares of the construction company's stock, valued at approximately $1,021,000.

Several other hedge funds have also modified their holdings of VSEC. Amalgamated Bank lifted its position in shares of VSE by 36.5% during the first quarter. Amalgamated Bank now owns 610 shares of the construction company's stock valued at $73,000 after buying an additional 163 shares during the last quarter. KBC Group NV acquired a new position in shares of VSE during the first quarter valued at about $99,000. Cetera Investment Advisers acquired a new position in shares of VSE during the first quarter valued at about $202,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of VSE during the fourth quarter valued at about $226,000. Finally, AQR Capital Management LLC acquired a new position in shares of VSE during the first quarter valued at about $247,000. 91.54% of the stock is owned by hedge funds and other institutional investors.

VSE Stock Performance

VSE stock traded down $1.68 during mid-day trading on Friday, hitting $166.24. The company had a trading volume of 56,634 shares, compared to its average volume of 242,767. The company has a current ratio of 3.73, a quick ratio of 1.44 and a debt-to-equity ratio of 0.38. VSE Corporation has a 12-month low of $80.61 and a 12-month high of $169.78. The company's fifty day moving average is $150.18 and its 200-day moving average is $131.97. The company has a market capitalization of $3.44 billion, a price-to-earnings ratio of 148.43 and a beta of 1.37.

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

VSE Dividend Announcement

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

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada upped their price objective on shares of VSE from $150.00 to $180.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, VSE has a consensus rating of "Buy" and a consensus 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.