Royal Bank of Canada Lowers Stake in National Vision Holdings, Inc. $EYE

Royal Bank of Canada decreased its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 14.6% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 555,502 shares of the company’s stock after selling 95,036 shares during the period. Royal Bank of Canada owned 0.69% of National Vision worth $14,388,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of EYE. Asset Management One Co. Ltd. grew its position in shares of National Vision by 80.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 252,697 shares of the company’s stock valued at $6,699,000 after purchasing an additional 112,606 shares during the period. Hussman Strategic Advisors Inc. purchased a new position in National Vision during the fourth quarter worth about $2,711,000. Pier Capital LLC boosted its stake in National Vision by 111.1% in the 4th quarter. Pier Capital LLC now owns 313,565 shares of the company’s stock worth $8,096,000 after buying an additional 165,049 shares during the last quarter. Jupiter Asset Management Ltd. boosted its stake in National Vision by 23.2% in the 4th quarter. Jupiter Asset Management Ltd. now owns 1,204,444 shares of the company’s stock worth $31,099,000 after buying an additional 226,919 shares during the last quarter. Finally, Fifth Third Bancorp grew its holdings in National Vision by 530.6% in the 1st quarter. Fifth Third Bancorp now owns 80,791 shares of the company’s stock valued at $2,092,000 after buying an additional 67,980 shares during the period.

National Vision Stock Performance

Shares of EYE stock opened at $22.55 on Friday. The company’s fifty day simple moving average is $19.18 and its 200-day simple moving average is $22.87. National Vision Holdings, Inc. has a 52 week low of $14.75 and a 52 week high of $30.02. The company has a current ratio of 0.62, a quick ratio of 0.37 and a debt-to-equity ratio of 0.25. The company has a market cap of $1.81 billion, a PE ratio of 39.56, a P/E/G ratio of 1.96 and a beta of 1.02.

National Vision (NASDAQ:EYE) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.02. National Vision had a net margin of 2.31% and a return on equity of 6.41%. The firm had revenue of $543.88 million during the quarter, compared to analysts’ expectations of $545.09 million. During the same period in the prior year, the company earned $0.34 EPS. The firm’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. As a group, equities research analysts anticipate that National Vision Holdings, Inc. will post 0.58 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Citigroup cut their price objective 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 cut their price target on shares of National Vision from $38.00 to $27.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. Roth Capital set a $25.00 price target on shares of National Vision in a report on Thursday, May 14th. UBS Group lowered their price objective on shares of National Vision from $42.00 to $36.00 and set a “buy” 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 for the company in a report on Thursday, May 14th. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $30.82.

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.