Emerald Mutual Fund Advisers Trust Raises Stock Position in National Vision Holdings, Inc. $EYE

Emerald Mutual Fund Advisers Trust lifted its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 15.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 966,266 shares of the company’s stock after acquiring an additional 129,907 shares during the quarter. National Vision accounts for about 1.5% of Emerald Mutual Fund Advisers Trust’s holdings, making the stock its 16th biggest position. Emerald Mutual Fund Advisers Trust owned about 1.22% of National Vision worth $28,205,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of EYE. William Blair Investment Management LLC purchased a new stake in National Vision during the second quarter worth $81,908,000. American Century Companies Inc. raised its stake in shares of National Vision by 2,030.3% during the 2nd quarter. American Century Companies Inc. now owns 3,495,751 shares of the company’s stock worth $80,437,000 after buying an additional 3,331,657 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of National Vision by 11.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,857,635 shares of the company’s stock worth $65,754,000 after buying an additional 301,584 shares in the last quarter. Bank of America Corp DE grew its stake in National Vision by 127.9% in the 2nd quarter. Bank of America Corp DE now owns 1,965,856 shares of the company’s stock valued at $45,234,000 after acquiring an additional 1,103,213 shares during the last quarter. Finally, Emerald Advisers LLC grew its stake in National Vision by 20.7% in the 2nd quarter. Emerald Advisers LLC now owns 1,621,925 shares of the company’s stock valued at $37,320,000 after acquiring an additional 278,597 shares during the last quarter.

National Vision Trading Down 1.7%

Shares of National Vision stock opened at $26.76 on Friday. National Vision Holdings, Inc. has a fifty-two week low of $10.45 and a fifty-two week high of $30.02. The business’s fifty day moving average is $27.53 and its two-hundred day moving average is $25.95. The company has a quick ratio of 0.32, a current ratio of 0.53 and a debt-to-equity ratio of 0.28. The firm has a market cap of $2.12 billion, a PE ratio of -891.70, a P/E/G ratio of 1.55 and a beta of 1.38.

National Vision (NASDAQ:EYE) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.13 EPS for the quarter, beating 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 positive return on equity of 3.58% and a negative net margin of 0.12%.The business’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.12 earnings per share. National Vision has set its FY 2025 guidance at 0.620-0.700 EPS. Analysts anticipate that National Vision Holdings, Inc. will post 0.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on EYE. Barclays lifted 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. UBS Group reduced their target price on National Vision from $41.00 to $39.00 and set a “buy” rating on the stock in a research note on Tuesday, November 18th. Citigroup increased their target price on National Vision from $29.00 to $35.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Weiss Ratings reissued a “sell (d-)” rating on shares of National Vision in a report on Wednesday, October 8th. Finally, National Bankshares set a $32.00 price objective on National Vision in a research note on Tuesday, December 9th. Two investment analysts have 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. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $29.00.

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.