Emerald Advisers LLC Cuts Position in National Vision Holdings, Inc. $EYE

Emerald Advisers LLC trimmed its stake in National Vision Holdings, Inc. (NASDAQ:EYE) by 4.0% in the 1st quarter, HoldingsChannel reports. The fund owned 1,502,644 shares of the company’s stock after selling 62,311 shares during the quarter. National Vision comprises 1.2% of Emerald Advisers LLC’s investment portfolio, making the stock its 19th largest position. Emerald Advisers LLC’s holdings in National Vision were worth $38,918,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in EYE. Asset Management One Co. Ltd. lifted its position in shares of National Vision by 80.4% during the fourth quarter. Asset Management One Co. Ltd. now owns 252,697 shares of the company’s stock valued at $6,699,000 after buying an additional 112,606 shares during the last quarter. Hussman Strategic Advisors Inc. purchased a new position in shares of National Vision in the 4th quarter worth approximately $2,711,000. SG Americas Securities LLC grew its position in shares of National Vision by 197.8% in the 4th quarter. SG Americas Securities LLC now owns 339,653 shares of the company’s stock worth $8,770,000 after buying an additional 225,584 shares during the last quarter. Pier Capital LLC raised its stake in shares of National Vision by 111.1% during the 4th quarter. Pier Capital LLC now owns 313,565 shares of the company’s stock worth $8,096,000 after acquiring an additional 165,049 shares in the last quarter. Finally, Jupiter Asset Management Ltd. raised its stake in shares of National Vision by 23.2% during the 4th quarter. Jupiter Asset Management Ltd. now owns 1,204,444 shares of the company’s stock worth $31,099,000 after acquiring an additional 226,919 shares in the last quarter.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented 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. Citigroup cut their price target on shares of National Vision from $40.00 to $39.00 and set a “buy” rating on the stock in a report on Friday, May 15th. Barclays decreased their price objective on National Vision from $38.00 to $27.00 and set an “overweight” rating for the company in a 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, Bank of America dropped their target price on National Vision from $35.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Seven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, National Vision presently has an average rating of “Moderate Buy” and an average target price of $30.08.

National Vision Price Performance

Shares of EYE opened at $19.29 on Tuesday. The business’s 50-day moving average is $18.20 and its two-hundred day moving average is $23.62. The company has a market capitalization of $1.55 billion, a P/E ratio of 33.84, a P/E/G ratio of 1.70 and a beta of 1.04. National Vision Holdings, Inc. has a fifty-two week low of $14.75 and a fifty-two week high of $30.02. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.37 and a current ratio of 0.62.

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