Thrivent Financial for Lutherans Purchases 40,599 Shares of National Vision Holdings, Inc. $EYE

Thrivent Financial for Lutherans lifted its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 70.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 98,442 shares of the company’s stock after purchasing an additional 40,599 shares during the period. Thrivent Financial for Lutherans owned 0.12% of National Vision worth $2,265,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC acquired a new position in National Vision in the 2nd quarter valued at $35,000. Smartleaf Asset Management LLC boosted its position in shares of National Vision by 69.3% in the first quarter. Smartleaf Asset Management LLC now owns 3,004 shares of the company’s stock valued at $39,000 after acquiring an additional 1,230 shares during the period. IFP Advisors Inc acquired a new position in shares of National Vision in the second quarter valued at about $83,000. Canada Pension Plan Investment Board increased its position in National Vision by 333.3% during the second quarter. Canada Pension Plan Investment Board now owns 3,900 shares of the company’s stock worth $90,000 after acquiring an additional 3,000 shares during the period. Finally, USA Financial Formulas acquired a new stake in National Vision in the 2nd quarter worth about $128,000.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on EYE. Barclays increased their target price on shares of National Vision from $28.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 18th. Guggenheim raised National Vision to a “strong-buy” rating in a research report on Wednesday, December 10th. Wall Street Zen cut National Vision from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of National Vision in a report on Wednesday, October 8th. Finally, UBS Group decreased their price target on National Vision from $41.00 to $39.00 and set a “buy” rating on the stock in a research report on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $27.58.

National Vision Stock Down 3.6%

Shares of NASDAQ EYE opened at $28.05 on Wednesday. The company’s 50 day moving average price is $26.77 and its 200-day moving average price is $25.30. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.32 and a current ratio of 0.53. National Vision Holdings, Inc. has a 52-week low of $9.93 and a 52-week high of $29.87. The company has a market capitalization of $2.22 billion, a P/E ratio of -934.69, a price-to-earnings-growth ratio of 2.62 and a beta of 1.37.

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

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.