Vanguard Group Inc. Buys 24,239 Shares of National Vision Holdings, Inc. $EYE

Vanguard Group Inc. raised its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 0.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,592,307 shares of the company’s stock after acquiring an additional 24,239 shares during the period. Vanguard Group Inc. owned approximately 13.36% of National Vision worth $273,493,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Geneos Wealth Management Inc. purchased a new stake in shares of National Vision during the 3rd quarter worth approximately $29,000. Quarry LP raised its holdings in shares of National Vision by 317.4% during the 3rd quarter. Quarry LP now owns 1,653 shares of the company’s stock worth $48,000 after acquiring an additional 1,257 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in shares of National Vision by 333.3% in the 2nd quarter. Canada Pension Plan Investment Board now owns 3,900 shares of the company’s stock worth $90,000 after purchasing an additional 3,000 shares during the period. LSV Asset Management purchased a new position in shares of National Vision in the 3rd quarter worth approximately $93,000. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of National Vision by 14.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 3,431 shares of the company’s stock worth $100,000 after purchasing an additional 440 shares during the period.

National Vision Price Performance

EYE opened at $22.96 on Friday. The business has a fifty day moving average of $25.74 and a 200 day moving average of $26.56. National Vision Holdings, Inc. has a 52-week low of $16.61 and a 52-week high of $30.02. The company has a quick ratio of 0.33, a current ratio of 0.55 and a debt-to-equity ratio of 0.26. The stock has a market cap of $1.84 billion, a P/E ratio of 62.05, a PEG ratio of 1.72 and a beta of 1.18.

National Vision (NASDAQ:EYE) last posted its quarterly earnings data on Wednesday, March 4th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.09. National Vision had a return on equity of 5.15% and a net margin of 1.49%.The company had revenue of $503.41 million during the quarter, compared to analysts’ expectations of $495.26 million. During the same quarter in the previous year, the business earned ($0.04) EPS. National Vision’s revenue was up 15.1% compared to the same quarter last year. National Vision has set its FY 2026 guidance at 0.850-1.090 EPS. As a group, sell-side analysts anticipate that National Vision Holdings, Inc. will post 0.66 EPS for the current year.

Analysts Set New Price Targets

EYE has been the subject of a number of recent research reports. Wall Street Zen cut National Vision from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Morgan Stanley lifted their target price on National Vision from $26.00 to $30.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. Weiss Ratings upgraded National Vision from a “sell (d-)” rating to a “hold (c-)” rating in a report on Thursday, March 5th. Guggenheim lifted their target price on National Vision from $32.00 to $33.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Finally, Barclays lifted their target price on National Vision from $30.00 to $32.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, National Vision has a consensus rating of “Moderate Buy” and an average target price of $32.08.

Insiders Place Their Bets

In other National Vision news, Chairman L Reade Fahs sold 4,071 shares of the stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $29.57, for a total transaction of $120,379.47. Following the transaction, the chairman directly owned 359,359 shares in the company, valued at $10,626,245.63. This represents a 1.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.70% of the stock is currently owned by company insiders.

About National Vision

National Vision Holdings, Inc is an American optical retailer specializing in accessible vision care and eyewear. The company operates under multiple retail banners, offering comprehensive eye health services and a wide range of optical products. Since its founding in the early 1990s, National Vision has focused on providing value-driven solutions, targeting underserved and price?conscious consumer segments.

Through its primary retail brands—including America’s Best Contacts & Eyeglasses, Eyeglass World, Optical America and Vista Optical—National Vision delivers services such as comprehensive eye examinations, prescription eyewear, contact lenses, sunglasses and lens accessories.