Fifth Third Bancorp Acquires 67,980 Shares of National Vision Holdings, Inc. $EYE

Fifth Third Bancorp grew its holdings in National Vision Holdings, Inc. (NASDAQ:EYE) by 530.6% during the first quarter, Holdings Channel reports. The firm owned 80,791 shares of the company’s stock after acquiring an additional 67,980 shares during the quarter. Fifth Third Bancorp’s holdings in National Vision were worth $2,092,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Kestra Advisory Services LLC acquired a new stake in shares of National Vision during the 4th quarter worth approximately $28,000. EverSource Wealth Advisors LLC increased its stake in shares of National Vision by 176.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,614 shares of the company’s stock valued at $42,000 after acquiring an additional 1,031 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of National Vision during the 4th quarter valued at $47,000. Quarry LP lifted its position in shares of National Vision by 317.4% during the 3rd quarter. Quarry LP now owns 1,653 shares of the company’s stock valued at $48,000 after acquiring an additional 1,257 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its stake in National Vision by 416.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,047 shares of the company’s stock worth $53,000 after acquiring an additional 1,651 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research firms have commented on EYE. Morgan Stanley reduced their price target on shares of National Vision from $30.00 to $22.00 and set an “equal weight” rating for the company in a report on Thursday, May 14th. Roth Capital set a $25.00 price objective on shares of National Vision in a report on Thursday, May 14th. Barclays cut their price objective on shares of National Vision from $38.00 to $27.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. UBS Group reduced their target price on 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, Weiss Ratings raised National Vision from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, May 14th. Seven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, National Vision presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.08.

National Vision Stock Performance

EYE opened at $19.82 on Wednesday. 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’s fifty day moving average price is $17.97 and its two-hundred day moving average price is $23.34. National Vision Holdings, Inc. has a 1-year low of $14.75 and a 1-year high of $30.02. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 1.75 and a beta of 1.04.

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