Peregrine Capital Management LLC Sells 8,141 Shares of V2X, Inc. $VVX

Peregrine Capital Management LLC lowered its holdings in shares of V2X, Inc. (NYSE:VVX) by 8.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,428 shares of the company’s stock after selling 8,141 shares during the period. Peregrine Capital Management LLC owned approximately 0.27% of V2X worth $5,783,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of V2X by 20.6% during the fourth quarter. Vanguard Group Inc. now owns 1,434,711 shares of the company’s stock valued at $78,263,000 after purchasing an additional 245,149 shares during the last quarter. Reinhart Partners LLC. grew its stake in shares of V2X by 60.6% in the 4th quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock worth $77,964,000 after buying an additional 539,209 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of V2X by 6.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,333,727 shares of the company’s stock worth $72,756,000 after buying an additional 82,518 shares during the last quarter. State Street Corp increased its position in V2X by 23.6% during the 4th quarter. State Street Corp now owns 1,192,058 shares of the company’s stock valued at $65,027,000 after buying an additional 227,804 shares in the last quarter. Finally, Ophir Asset Management Pty Ltd increased its position in V2X by 10.9% during the 4th quarter. Ophir Asset Management Pty Ltd now owns 912,274 shares of the company’s stock valued at $49,765,000 after buying an additional 89,957 shares in the last quarter. Hedge funds and other institutional investors own 95.18% of the company’s stock.

V2X Stock Performance

Shares of VVX opened at $71.72 on Thursday. The business has a 50-day simple moving average of $76.31 and a two-hundred day simple moving average of $69.42. The stock has a market cap of $2.25 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 0.59 and a beta of 0.22. V2X, Inc. has a 52 week low of $46.07 and a 52 week high of $91.80. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.96.

V2X (NYSE:VVX) last released its earnings results on Monday, May 4th. The company reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.29. V2X had a net margin of 1.88% and a return on equity of 16.94%. The company had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter last year, the business earned $0.98 EPS. The firm’s revenue was up 23.4% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.750-6.150 EPS. On average, analysts expect that V2X, Inc. will post 6.16 EPS for the current year.

Analyst Ratings Changes

Several research firms have commented on VVX. Truist Financial boosted their target price on V2X from $68.00 to $70.00 and gave the stock a “hold” rating in a report on Tuesday, May 5th. Citigroup increased their price objective on shares of V2X from $72.00 to $75.00 and gave the company a “neutral” rating in a research report on Wednesday. Citizens Jmp lifted their target price on shares of V2X from $80.00 to $90.00 and gave the stock a “market outperform” rating in a report on Tuesday, May 5th. Royal Bank Of Canada raised their price target on shares of V2X from $70.00 to $75.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 5th. Finally, Weiss Ratings lowered shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $80.90.

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.