Allspring Global Investments Holdings LLC lifted its position in shares of V2X, Inc. (NYSE:VVX – Free Report) by 1,157.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 206,747 shares of the company’s stock after purchasing an additional 190,302 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.66% of V2X worth $11,487,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the company. Comerica Bank grew its holdings in V2X by 79.1% during the third quarter. Comerica Bank now owns 480 shares of the company’s stock worth $28,000 after buying an additional 212 shares in the last quarter. Larson Financial Group LLC raised its position in V2X by 207.3% in the 3rd quarter. Larson Financial Group LLC now owns 759 shares of the company’s stock valued at $44,000 after buying an additional 512 shares during the last quarter. Osaic Holdings Inc. lifted its stake in V2X by 140.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after acquiring an additional 623 shares in the last quarter. LRI Investments LLC purchased a new position in V2X during the 3rd quarter worth $57,000. Finally, CWM LLC boosted its holdings in V2X by 188.9% during the 3rd quarter. CWM LLC now owns 1,037 shares of the company’s stock worth $60,000 after acquiring an additional 678 shares during the last quarter. 95.18% of the stock is currently owned by institutional investors.
Insider Transactions at V2X
In other news, major shareholder American Industrial Partners C sold 2,545,432 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $68.21, for a total value of $173,623,916.72. Following the transaction, the insider owned 2,004,569 shares in the company, valued at approximately $136,731,651.49. This trade represents a 55.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.10% of the stock is currently owned by insiders.
V2X Stock Up 0.0%
V2X (NYSE:VVX – Get Free Report) last announced its earnings results on Monday, February 23rd. The company reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.23. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.21 billion. V2X had a net margin of 1.74% and a return on equity of 15.64%. V2X’s quarterly revenue was up 5.3% on a year-over-year basis. During the same period last year, the firm posted $1.33 earnings per share. V2X has set its FY 2026 guidance at 5.500-5.900 EPS. Equities research analysts expect that V2X, Inc. will post 4.16 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of brokerages recently commented on VVX. Morgan Stanley increased their price target on V2X from $61.00 to $66.00 and gave the company an “underweight” rating in a research report on Wednesday, February 25th. Weiss Ratings raised V2X from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 27th. BTIG Research upped their price objective on V2X from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Citigroup raised their target price on V2X from $69.00 to $72.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, Robert W. Baird set a $94.00 price target on shares of V2X in a report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, V2X has an average rating of “Hold” and an average price target of $72.56.
Get Our Latest Stock Analysis on VVX
About V2X
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.
Further Reading
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