Acadian Asset Management LLC Makes New Investment in VAREX IMAGING $VREX

Acadian Asset Management LLC bought a new position in shares of VAREX IMAGING (NASDAQ:VREX) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 109,321 shares of the company’s stock, valued at approximately $1,266,000. Acadian Asset Management LLC owned about 0.27% of VAREX IMAGING as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC boosted its holdings in shares of VAREX IMAGING by 21.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,779,412 shares of the company’s stock worth $31,769,000 after purchasing an additional 481,537 shares during the last quarter. Cooke & Bieler LP boosted its stake in VAREX IMAGING by 18.7% during the first quarter. Cooke & Bieler LP now owns 2,122,683 shares of the company’s stock worth $24,623,000 after buying an additional 333,794 shares during the last quarter. Rice Hall James & Associates LLC boosted its stake in VAREX IMAGING by 75.2% during the first quarter. Rice Hall James & Associates LLC now owns 575,787 shares of the company’s stock worth $6,679,000 after buying an additional 247,095 shares during the last quarter. Cubist Systematic Strategies LLC boosted its stake in VAREX IMAGING by 237.1% during the first quarter. Cubist Systematic Strategies LLC now owns 275,749 shares of the company’s stock worth $3,199,000 after buying an additional 193,941 shares during the last quarter. Finally, Nuveen LLC acquired a new position in VAREX IMAGING during the first quarter worth $1,873,000.

VAREX IMAGING Stock Performance

Shares of VAREX IMAGING stock opened at $11.60 on Thursday. The business’s fifty day simple moving average is $9.70 and its 200-day simple moving average is $9.32. VAREX IMAGING has a 52 week low of $6.76 and a 52 week high of $16.93. The company has a quick ratio of 1.82, a current ratio of 3.51 and a debt-to-equity ratio of 0.78. The firm has a market cap of $481.40 million, a PE ratio of -3.61 and a beta of 0.87.

VAREX IMAGING (NASDAQ:VREX) last posted its earnings results on Thursday, August 7th. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.14. VAREX IMAGING had a negative net margin of 16.13% and a positive return on equity of 5.54%. The company had revenue of $203.00 million for the quarter, compared to analysts’ expectations of $190.32 million. VAREX IMAGING has set its Q4 2025 guidance at 0.100-0.300 EPS. Equities analysts forecast that VAREX IMAGING will post 0.53 earnings per share for the current year.

Analyst Upgrades and Downgrades

VREX has been the topic of several recent research reports. B. Riley reissued a “buy” rating and set a $16.00 price target (up previously from $12.00) on shares of VAREX IMAGING in a research report on Friday, August 8th. Wall Street Zen lowered shares of VAREX IMAGING from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 9th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $19.50.

VAREX IMAGING Profile

Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers.