Sierra Summit Advisors LLC Acquires Shares of 34,314 National Vision Holdings, Inc. $EYE

Sierra Summit Advisors LLC acquired a new stake in National Vision Holdings, Inc. (NASDAQ:EYE) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 34,314 shares of the company’s stock, valued at approximately $889,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wellington Management Group LLP lifted its holdings in shares of National Vision by 27.6% in the 4th quarter. Wellington Management Group LLP now owns 5,783,699 shares of the company’s stock valued at $149,335,000 after buying an additional 1,251,499 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in National Vision by 15.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 3,295,290 shares of the company’s stock valued at $96,190,000 after acquiring an additional 437,655 shares during the period. Dimensional Fund Advisors LP boosted its position in National Vision by 5.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,029,596 shares of the company’s stock worth $78,224,000 after purchasing an additional 156,859 shares in the last quarter. Geode Capital Management LLC boosted its position in National Vision by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 1,990,329 shares of the company’s stock worth $51,399,000 after purchasing an additional 55,824 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of National Vision by 127.9% during the 2nd quarter. Bank of America Corp DE now owns 1,965,856 shares of the company’s stock worth $45,234,000 after purchasing an additional 1,103,213 shares during the period.

National Vision Stock Performance

Shares of EYE stock opened at $19.76 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.62 and a quick ratio of 0.37. The company has a market cap of $1.58 billion, a price-to-earnings ratio of 34.67, a PEG ratio of 1.72 and a beta of 1.04. The stock has a 50 day simple moving average of $18.70 and a 200-day simple moving average of $24.04. National Vision Holdings, Inc. has a 1-year low of $14.75 and a 1-year high of $30.02.

National Vision (NASDAQ:EYE) last announced its earnings results on Wednesday, May 13th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.02. National Vision had a return on equity of 6.41% and a net margin of 2.31%.The firm had revenue of $543.88 million for the quarter, compared to analyst estimates of $545.09 million. During the same quarter last year, the firm posted $0.34 EPS. The business’s revenue was up 6.6% on a year-over-year basis. National Vision has set its FY 2026 guidance at 0.850-1.090 EPS. On average, equities research analysts expect that National Vision Holdings, Inc. will post 0.58 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Bank of America cut their target price on shares of National Vision from $35.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Citigroup cut their price objective on shares of National Vision from $40.00 to $39.00 and set a “buy” rating for the company in a report on Friday, May 15th. Morgan Stanley decreased their price objective on shares of National Vision from $30.00 to $22.00 and set an “equal weight” rating for the company in a research report on Thursday, May 14th. Wall Street Zen lowered shares of National Vision from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Finally, Roth Mkm set a $25.00 target price on shares of National Vision in a research note on Thursday, May 14th. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $30.08.

National Vision Company Profile

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.