Empowered Funds LLC Invests $5.88 Million in V2X, Inc. $VVX

Empowered Funds LLC bought a new stake in shares of V2X, Inc. (NYSE:VVX) during the second quarter, Holdings Channel.com reports. The fund bought 78,851 shares of the company’s stock, valued at approximately $5,879,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. BlackRock Inc. acquired a new position in V2X in the 2nd quarter worth about $189,727,000. Dimensional Fund Advisors LP grew its holdings in V2X by 12.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,503,707 shares of the company’s stock valued at $103,001,000 after purchasing an additional 169,980 shares during the period. Vanguard Group Inc. increased its position in shares of V2X by 20.6% in the fourth quarter. Vanguard Group Inc. now owns 1,434,711 shares of the company’s stock valued at $78,263,000 after buying an additional 245,149 shares in the last quarter. Reinhart Partners LLC. increased its position in shares of V2X by 60.6% in the fourth quarter. Reinhart Partners LLC. now owns 1,429,211 shares of the company’s stock valued at $77,964,000 after buying an additional 539,209 shares in the last quarter. Finally, State Street Corp raised its stake in shares of V2X by 23.6% during the 4th quarter. State Street Corp now owns 1,192,058 shares of the company’s stock worth $65,027,000 after buying an additional 227,804 shares during the period. Hedge funds and other institutional investors own 95.18% of the company’s stock.

Wall Street Analysts Forecast Growth

VVX has been the topic of a number of recent analyst reports. Zacks Research lowered V2X from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. Robert W. Baird reissued a “neutral” rating and issued a $94.00 price target on shares of V2X in a report on Tuesday, August 4th. Citizens Jmp upped their price objective on shares of V2X from $90.00 to $102.00 and gave the stock a “market outperform” rating in a research report on Tuesday, July 28th. Bank of America increased their price objective on shares of V2X from $78.00 to $93.00 and gave the company a “buy” rating in a report on Friday, May 29th. Finally, Weiss Ratings lowered shares of V2X from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, June 11th. Six investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $86.90.

V2X Stock Up 0.3%

Shares of NYSE VVX opened at $77.93 on Monday. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.92. The company has a 50-day moving average of $79.29 and a 200 day moving average of $74.79. The stock has a market cap of $2.44 billion, a PE ratio of 26.87, a P/E/G ratio of 0.61 and a beta of 0.21. V2X, Inc. has a 12-month low of $50.89 and a 12-month high of $93.98.

V2X (NYSE:VVX) last released its quarterly earnings data on Monday, August 3rd. The company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.20. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.21 billion. V2X had a net margin of 1.88% and a return on equity of 17.52%. V2X’s revenue was up 16.5% compared to the same quarter last year. During the same period last year, the business earned $1.33 earnings per share. V2X has set its FY 2026 guidance at 5.900-6.300 EPS. As a group, sell-side analysts predict that V2X, Inc. will post 6.27 EPS for the current fiscal year.

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.