VSE Corporation $VSEC Shares Purchased by Vanguard Group Inc.

Key Points

• Vanguard Group Inc. has increased its holdings in VSE Corporation by 0.9%, now owning approximately 5.23% of the company with a value of $129.7 million.
• Several institutional investors have also significantly raised their stakes in VSE, with T. Rowe Price increasing its position by 52.6% in the last quarter.
• Analysts remain optimistic with four analysts giving VSE a "Buy" rating, and the stock's average target price has been raised to $145.00.

Vanguard Group Inc. raised its position in VSE Corporation (NASDAQ:VSEC - Free Report) by 0.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,081,004 shares of the construction company's stock after buying an additional 9,459 shares during the quarter. Vanguard Group Inc. owned about 5.23% of VSE worth $129,710,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of VSEC. LPL Financial LLC increased its stake in VSE by 13.8% in the 4th quarter. LPL Financial LLC now owns 3,223 shares of the construction company's stock valued at $307,000 after buying an additional 391 shares during the period. Wells Fargo & Company MN boosted its position in shares of VSE by 47.4% during the 4th quarter. Wells Fargo & Company MN now owns 12,982 shares of the construction company's stock worth $1,235,000 after purchasing an additional 4,176 shares in the last quarter. Envestnet Asset Management Inc. purchased a new stake in shares of VSE during the 4th quarter worth $1,340,000. Legal & General Group Plc boosted its position in shares of VSE by 3.2% during the 4th quarter. Legal & General Group Plc now owns 15,955 shares of the construction company's stock worth $1,517,000 after purchasing an additional 490 shares in the last quarter. Finally, Sterling Capital Management LLC boosted its position in shares of VSE by 857.1% during the 4th quarter. Sterling Capital Management LLC now owns 469 shares of the construction company's stock worth $45,000 after purchasing an additional 420 shares in the last quarter. 91.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VSEC has been the topic of several research analyst reports. B. Riley boosted their target price on shares of VSE from $145.00 to $150.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Royal Bank Of Canada boosted their target price on shares of VSE from $150.00 to $180.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Finally, Truist Financial boosted their target price on shares of VSE from $130.00 to $140.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, VSE currently has a consensus rating of "Buy" and a consensus price target of $145.00.

VSE Price Performance

Shares of VSE stock traded down $1.95 on Wednesday, hitting $165.07. The company's stock had a trading volume of 178,022 shares, compared to its average volume of 290,484. VSE Corporation has a 52-week low of $80.60 and a 52-week high of $169.00. The company has a quick ratio of 1.44, a current ratio of 3.73 and a debt-to-equity ratio of 0.38. The firm has a fifty day moving average price of $143.21 and a 200-day moving average price of $127.10. The company has a market capitalization of $3.41 billion, a P/E ratio of 147.38 and a beta of 1.33.

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 net margin of 1.94% and a return on equity of 7.25%. The business had revenue of $272.14 million for the quarter, compared to analyst estimates of $267.39 million. During the same period in the previous year, the firm earned $0.47 EPS. The business's revenue for the quarter was up 41.1% compared to the same quarter last year. VSE has set its FY 2025 guidance at EPS. On average, equities research analysts expect that VSE Corporation will post 2.96 earnings per share for the current fiscal 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 given a $0.10 dividend. The ex-dividend date is Wednesday, October 15th. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. VSE's payout ratio is currently 35.71%.

VSE Company Profile

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.