Royal Bank of Canada Decreases Stock Position in National Vision Holdings, Inc. $EYE

Royal Bank of Canada decreased its position in National Vision Holdings, Inc. (NASDAQ:EYE) by 14.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 555,502 shares of the company’s stock after selling 95,036 shares during the quarter. Royal Bank of Canada’s holdings in National Vision were worth $14,388,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP lifted its position in shares of National Vision by 27.6% during the fourth quarter. Wellington Management Group LLP now owns 5,783,699 shares of the company’s stock worth $149,335,000 after purchasing an additional 1,251,499 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in National Vision by 15.3% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,295,290 shares of the company’s stock valued at $96,190,000 after purchasing an additional 437,655 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in National Vision by 1.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,062,191 shares of the company’s stock worth $79,304,000 after buying an additional 32,595 shares during the period. Geode Capital Management LLC increased its stake in National Vision by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 1,990,329 shares of the company’s stock worth $51,399,000 after buying an additional 55,824 shares during the period. Finally, Bank of America Corp DE lifted its holdings in National Vision by 127.9% in the 2nd quarter. Bank of America Corp DE now owns 1,965,856 shares of the company’s stock worth $45,234,000 after buying an additional 1,103,213 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Weiss Ratings raised shares of National Vision from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, May 14th. UBS Group cut their price target on National Vision from $42.00 to $36.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Roth Capital set a $25.00 price target on National Vision in a report on Thursday, May 14th. Wells Fargo & Company lowered their price objective on National Vision from $30.00 to $20.00 and set an “equal weight” rating for the company in a research note on Thursday, May 14th. Finally, Morgan Stanley dropped their price objective on National Vision from $30.00 to $22.00 and set an “equal weight” rating on the stock in a report on Thursday, May 14th. Six equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $30.82.

National Vision Trading Up 0.4%

Shares of NASDAQ EYE opened at $22.55 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.62 and a debt-to-equity ratio of 0.25. The stock’s 50 day moving average price is $19.18 and its two-hundred day moving average price is $22.87. National Vision Holdings, Inc. has a 52-week low of $14.75 and a 52-week high of $30.02. The stock has a market capitalization of $1.81 billion, a P/E ratio of 39.56, a PEG ratio of 1.96 and a beta of 1.02.

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

National Vision 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.