VSE Corporation $VSEC Holdings Lifted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its holdings in shares of VSE Corporation (NASDAQ:VSEC) by 3.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 194,876 shares of the construction company’s stock after buying an additional 6,602 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.94% of VSE worth $23,383,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of VSEC. Sterling Capital Management LLC boosted its position in VSE by 857.1% during the fourth quarter. Sterling Capital Management LLC now owns 469 shares of the construction company’s stock valued at $45,000 after purchasing an additional 420 shares during the last quarter. Amalgamated Bank boosted its position in 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 purchasing an additional 163 shares during the last quarter. KBC Group NV acquired a new stake in VSE during the first quarter valued at $99,000. Tower Research Capital LLC TRC boosted its position in VSE by 21.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,449 shares of the construction company’s stock valued at $138,000 after purchasing an additional 258 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new stake in VSE during the first quarter valued at $202,000. Institutional investors and hedge funds own 91.54% of the company’s stock.

VSE Price Performance

Shares of NASDAQ:VSEC opened at $162.93 on Friday. VSE Corporation has a fifty-two week low of $80.60 and a fifty-two week high of $166.85. The business has a 50-day moving average of $140.76 and a two-hundred day moving average of $125.42. The stock has a market capitalization of $3.37 billion, a P/E ratio of 145.47 and a beta of 1.33. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.73 and a quick ratio of 1.44.

VSE (NASDAQ:VSEC) last announced its quarterly earnings results on Wednesday, July 30th. The construction company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.28. The company had revenue of $272.14 million during the quarter, compared to analysts’ expectations of $267.39 million. VSE had a return on equity of 7.25% and a net margin of 1.94%.The business’s quarterly revenue was up 41.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.47 earnings per share. VSE has set its FY 2025 guidance at EPS. On average, equities research analysts predict that VSE Corporation will post 2.96 EPS for the current fiscal year.

VSE Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 29th. Investors of record on Wednesday, October 15th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.2%. The ex-dividend date is Wednesday, October 15th. VSE’s payout ratio is currently 35.71%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Truist Financial lifted their price objective on VSE from $130.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, May 8th. B. Riley lifted their price objective on VSE from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, May 8th. Finally, Royal Bank Of Canada lifted their price objective on VSE from $150.00 to $180.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $145.00.

VSE 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.