Edmond DE Rothschild Holding S.A. Boosts Holdings in V2X, Inc. $VVX

Key Points

• Edmond DE Rothschild Holding S.A. increased its stake in V2X, Inc. by 106.4%, owning 8,676 shares valued at $426,000 as of the last quarter.
• V2X, Inc. reported a quarterly EPS of $1.33, exceeding analysts' expectations and showing a slight 0.6% increase in revenue year-over-year.
• Several analysts have upgraded V2X's stock rating, with target prices ranging from $50.00 to $65.00, reflecting a positive outlook among equities research analysts.

Edmond DE Rothschild Holding S.A. grew its stake in shares of V2X, Inc. (NYSE:VVX - Free Report) by 106.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,676 shares of the company's stock after purchasing an additional 4,472 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in V2X were worth $426,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of VVX. State of Wyoming acquired a new position in shares of V2X in the 4th quarter valued at $45,000. Whipplewood Advisors LLC boosted its stake in V2X by 4,066.7% during the 1st quarter. Whipplewood Advisors LLC now owns 1,000 shares of the company's stock worth $49,000 after purchasing an additional 976 shares during the period. CWM LLC boosted its stake in shares of V2X by 239.0% during the first quarter. CWM LLC now owns 990 shares of the company's stock worth $49,000 after buying an additional 698 shares during the period. Wealthquest Corp purchased a new position in shares of V2X in the 1st quarter valued at approximately $97,000. Finally, GAMMA Investing LLC raised its stake in shares of V2X by 3,403.3% during the first quarter. GAMMA Investing LLC now owns 3,188 shares of the company's stock worth $156,000 after purchasing an additional 3,097 shares during the last quarter. Hedge funds and other institutional investors own 95.18% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on VVX. Stifel Nicolaus set a $63.00 price objective on shares of V2X and gave the company a "buy" rating in a research note on Tuesday, August 5th. The Goldman Sachs Group lifted their target price on shares of V2X from $45.00 to $50.00 and gave the company a "sell" rating in a report on Wednesday, August 13th. Wall Street Zen raised shares of V2X from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 30th. Finally, Bank of America raised V2X from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $55.00 to $65.00 in a report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued 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.

Insiders Place Their Bets

In other news, Director Dino M. Cusumano sold 2,000,000 shares of the business'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 completion of the transaction, the director owned 9,700,001 shares of the company's stock, valued at $485,000,050. The trade was a 17.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.88% of the company's stock.

V2X Price Performance

VVX traded down $1.26 on Tuesday, hitting $54.68. 205,758 shares of the company were exchanged, compared to its average volume of 267,980. V2X, Inc. has a fifty-two week low of $41.08 and a fifty-two week high of $69.75. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.20 and a current ratio of 1.20. The firm has a market capitalization of $1.73 billion, a P/E ratio of 24.85, a price-to-earnings-growth ratio of 0.58 and a beta of 0.30. The business's fifty day moving average is $52.71 and its 200 day moving average is $49.51.

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

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.