Burgundy Asset Management Ltd. Has $7.34 Million Stock Position in National Vision Holdings, Inc. $EYE

Burgundy Asset Management Ltd. lessened its holdings in National Vision Holdings, Inc. (NASDAQ:EYE) by 90.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 251,576 shares of the company’s stock after selling 2,254,402 shares during the quarter. Burgundy Asset Management Ltd. owned 0.32% of National Vision worth $7,344,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of EYE. Geneos Wealth Management Inc. acquired a new stake in National Vision in the third quarter valued at about $29,000. Elevation Point Wealth Partners LLC bought a new position in shares of National Vision in the second quarter worth about $35,000. Canada Pension Plan Investment Board boosted its stake 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 valued at $90,000 after purchasing an additional 3,000 shares in the last quarter. LSV Asset Management bought a new stake in shares of National Vision during the 3rd quarter valued at approximately $93,000. Finally, Smartleaf Asset Management LLC increased its position in National Vision by 14.7% during 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 in the last quarter.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on EYE. Guggenheim upgraded shares of National Vision to a “strong-buy” rating in a research report on Wednesday, December 10th. Wall Street Zen downgraded National Vision from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. UBS Group lowered their target price on National Vision from $41.00 to $39.00 and set a “buy” rating for the company in a report on Tuesday, November 18th. Zacks Research upgraded National Vision from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. Finally, Morgan Stanley boosted their price target on National Vision from $26.00 to $30.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, National Vision currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.62.

Key National Vision News

Here are the key news stories impacting National Vision this week:

• Positive Sentiment: Q4 EPS and revenue beat—National Vision reported $0.15 EPS (vs. ~ $0.05–$0.06 consensus) and $503.4M revenue (above estimates), with revenue up ~15% YoY. The profit swing from a year‑ago loss and the top‑line beat are primary catalysts for the rally. National Vision (EYE) Surpasses Q4 Earnings and Revenue Estimates
• Positive Sentiment: FY2026 EPS guidance topped consensus—management set EPS of $0.85–$1.09 for FY26, above the street’s ~ $0.81 estimate, supporting upside to future earnings expectations and multiple expansion. National Vision Holdings, Inc. Reports Fourth Quarter and Fiscal 2025 Financial Results
• Neutral Sentiment: Revenue guidance is roughly in line but conservative—the company guided FY26 revenue to about $2.0–$2.1B vs. consensus near $2.1B. That keeps growth assumptions intact but offers less upside than the EPS guide. Investors will watch cadence and margin progress during the year. National Vision Holdings, Inc. Q4 2025 Earnings Call Summary
• Neutral Sentiment: Management commentary and investor materials provide execution context—CEO emphasized a “reinvention” and disciplined execution; slides and call color will determine credibility of margin improvement and comp trends. Review the call transcript and slide deck for specifics on store growth, customer mix and gross margin plans. National Vision Holdings, Inc. (EYE) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Profitability and liquidity caveats—despite the EPS beat, the company reported a slight negative net margin and modest liquidity ratios (low quick/current ratios), which could concern investors if margins don’t improve or if cash flow weakens. Monitor free cash flow and working capital in coming quarters. National Vision quarterly earnings data and materials

National Vision Stock Performance

Shares of EYE stock opened at $29.04 on Thursday. The company has a current ratio of 0.53, a quick ratio of 0.32 and a debt-to-equity ratio of 0.28. The firm has a fifty day simple moving average of $27.20 and a two-hundred day simple moving average of $26.54. National Vision Holdings, Inc. has a 12 month low of $10.45 and a 12 month high of $30.02. The firm has a market capitalization of $2.30 billion, a PE ratio of -967.68, a price-to-earnings-growth ratio of 1.52 and a beta of 1.38.

National Vision (NASDAQ:EYE) last issued 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 $0.05 by $0.10. The firm had revenue of $503.41 million during the quarter, compared to analysts’ expectations of $495.26 million. National Vision had a negative net margin of 0.12% and a positive return on equity of 3.58%. The business’s revenue was up 15.1% on a year-over-year basis. During the same period last year, the company earned ($0.04) earnings per share. National Vision has set its FY 2026 guidance at 0.850-1.090 EPS. Analysts forecast that National Vision Holdings, Inc. will post 0.31 EPS for the current fiscal year.

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.