Thoroughbred Financial Services LLC Takes $486,000 Position in V2X, Inc. $VVX

Thoroughbred Financial Services LLC acquired a new stake in shares of V2X, Inc. (NYSE:VVX) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,526 shares of the company’s stock, valued at approximately $486,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP lifted its holdings in shares of V2X by 12.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,503,707 shares of the company’s stock valued at $103,001,000 after buying an additional 169,980 shares during the period. Bank of America Corp DE grew its holdings in shares of V2X by 26.5% in the first quarter. Bank of America Corp DE now owns 517,369 shares of the company’s stock worth $35,440,000 after acquiring an additional 108,430 shares during the period. Lazard Asset Management LLC increased its position in V2X by 36.9% during the first quarter. Lazard Asset Management LLC now owns 51,576 shares of the company’s stock valued at $3,533,000 after acquiring an additional 13,911 shares during the last quarter. Walleye Capital LLC purchased a new stake in V2X during the first quarter valued at $2,438,000. Finally, Principal Financial Group Inc. lifted its holdings in V2X by 55.1% in the first quarter. Principal Financial Group Inc. now owns 49,181 shares of the company’s stock valued at $3,369,000 after acquiring an additional 17,474 shares during the period. Hedge funds and other institutional investors own 95.18% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Raymond James Financial cut V2X from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 24th. Wall Street Zen cut shares of V2X from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Truist Financial reissued a “hold” rating and issued a $85.00 price objective (up from $70.00) on shares of V2X in a report on Tuesday, August 4th. Weiss Ratings lowered shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, June 11th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of V2X in a report on Tuesday, July 28th. Six investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $86.90.

V2X Price Performance

NYSE VVX opened at $78.68 on Friday. The company has a market capitalization of $2.47 billion, a PE ratio of 27.13, a price-to-earnings-growth ratio of 0.62 and a beta of 0.21. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.32 and a current ratio of 1.32. The business’s fifty day moving average is $80.22 and its 200 day moving average is $74.33. V2X, Inc. has a fifty-two week low of $50.89 and a fifty-two week high of $93.98.

V2X (NYSE:VVX) last released its quarterly earnings results on Monday, August 3rd. The company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.20. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.21 billion. V2X had a return on equity of 17.52% and a net margin of 1.88%.V2X’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.33 earnings per share. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. Sell-side analysts predict that V2X, Inc. will post 6.27 earnings per share 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.