Of course, you could put a Williams FP-71 Receiver Peep Sight on it and a larger/better white bead up front and I bet your group size would shrink.

From the looks of the model of your rifle, it's already drilled and tapped for the peep sight:

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My particular model of 1895 isn't already drilled and tapped from the factory. I'm still mulling over the idea of having the Williams sight mounted. Due to my aging eyes I can't see the standard rear sight worth a darn. It's just a big blur even when wearing my eye glasses.

Just my musings.....
-Bob F.