National Vision Holdings, Inc. $EYE Shares Acquired by Bank of Montreal Can

Bank of Montreal Can lifted its stake in National Vision Holdings, Inc. (NASDAQ:EYE) by 181.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,670 shares of the company’s stock after purchasing an additional 21,712 shares during the period. Bank of Montreal Can’s holdings in National Vision were worth $775,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in EYE. Woodline Partners LP boosted its position in National Vision by 172.7% during the first quarter. Woodline Partners LP now owns 415,730 shares of the company’s stock worth $5,313,000 after purchasing an additional 263,308 shares in the last quarter. Teza Capital Management LLC acquired a new position in shares of National Vision during the 1st quarter worth $142,000. Cerity Partners LLC acquired a new position in shares of National Vision during the 1st quarter worth $190,000. Strs Ohio purchased a new stake in shares of National Vision in the 1st quarter worth about $272,000. Finally, Comerica Bank grew its stake in National Vision by 110.9% in the 1st quarter. Comerica Bank now owns 57,703 shares of the company’s stock valued at $737,000 after acquiring an additional 30,344 shares during the last quarter.

Insider Buying and Selling at National Vision

In other National Vision news, Chairman L Reade Fahs sold 137,400 shares of National Vision stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $24.33, for a total value of $3,342,942.00. Following the transaction, the chairman owned 544,795 shares in the company, valued at $13,254,862.35. This trade represents a 20.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.70% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on EYE shares. The Goldman Sachs Group lifted their target price on shares of National Vision from $17.00 to $22.00 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of National Vision in a research note on Wednesday, October 8th. Wells Fargo & Company set a $27.00 price target on National Vision and gave the stock an “equal weight” rating in a research report on Thursday, August 7th. Roth Capital assumed coverage on National Vision in a report on Wednesday, July 30th. They issued a “buy” rating and a $36.00 price target for the company. Finally, Wall Street Zen lowered National Vision from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Six analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $24.91.

National Vision Stock Up 0.1%

Shares of NASDAQ:EYE opened at $23.70 on Monday. 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 market cap of $1.88 billion, a price-to-earnings ratio of -789.74, a PEG ratio of 2.51 and a beta of 1.33. The stock’s 50-day moving average price is $25.96 and its two-hundred day moving average price is $23.46. National Vision Holdings, Inc. has a 12-month low of $9.93 and a 12-month high of $29.59.

National Vision (NASDAQ:EYE) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.01. National Vision had a negative net margin of 0.12% and a positive return on equity of 3.58%. The business had revenue of $487.33 million for the quarter, compared to analyst estimates of $472.98 million. During the same period in the prior year, the firm posted $0.12 EPS. The company’s revenue was up 7.9% on a year-over-year basis. National Vision has set its FY 2025 guidance at 0.620-0.700 EPS. On average, research analysts forecast that National Vision Holdings, Inc. will post 0.31 EPS for the current year.

National Vision Company Profile

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products; provides eye exams through its America’s Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military, as well as Vision Center branded stores; and offers health maintenance organization and optometric services.