UBS Group AG raised its stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE – Free Report) by 22.9% in the fourth quarter, Holdings Channel reports. The fund owned 247,334 shares of the company’s stock after acquiring an additional 46,012 shares during the period. UBS Group AG’s holdings in National Vision were worth $6,386,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in EYE. Quarry LP increased its stake in shares of National Vision by 317.4% in the third quarter. Quarry LP now owns 1,653 shares of the company’s stock valued at $48,000 after buying an additional 1,257 shares in the last quarter. Canada Pension Plan Investment Board increased its stake in shares of National Vision by 333.3% in the second quarter. Canada Pension Plan Investment Board now owns 3,900 shares of the company’s stock valued at $90,000 after buying an additional 3,000 shares in the last quarter. LSV Asset Management acquired a new stake in shares of National Vision in the third quarter valued at $93,000. Smartleaf Asset Management LLC increased its stake in shares of National Vision by 14.7% in the third quarter. Smartleaf Asset Management LLC now owns 3,431 shares of the company’s stock valued at $100,000 after buying an additional 440 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in shares of National Vision in the third quarter valued at $208,000.
Insider Activity
In other news, Chairman L Reade Fahs sold 7,601 shares of the business’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $29.58, for a total transaction of $224,837.58. Following the completion of the transaction, the chairman directly owned 694,880 shares in the company, valued at approximately $20,554,550.40. The trade was a 1.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.40% of the company’s stock.
National Vision Price Performance
National Vision (NASDAQ:EYE – Get Free Report) last posted its earnings results on Wednesday, May 13th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.02. The company had revenue of $543.88 million during the quarter, compared to analyst estimates of $545.09 million. National Vision had a return on equity of 6.41% and a net margin of 2.31%.The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.34 EPS. National Vision has set its FY 2026 guidance at 0.850-1.090 EPS. On average, equities analysts anticipate that National Vision Holdings, Inc. will post 0.66 EPS for the current year.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on EYE shares. Wolfe Research set a $35.00 target price on National Vision in a research note on Wednesday, March 4th. Weiss Ratings upgraded National Vision from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, May 14th. UBS Group lowered their price objective on National Vision from $42.00 to $36.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Morgan Stanley lowered their price objective on 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. Finally, Guggenheim lifted their price objective on National Vision from $32.00 to $33.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.08.
Check Out Our Latest Stock Report on EYE
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.
Further Reading
- Five stocks we like better than National Vision
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
- Why Home Depot’s Sell-Off Could Become a Huge Opportunity
Want to see what other hedge funds are holding EYE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for National Vision Holdings, Inc. (NASDAQ:EYE – Free Report).
Receive News & Ratings for National Vision Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Vision and related companies with MarketBeat.com's FREE daily email newsletter.
