Paralel Advisors LLC bought a new stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM – Free Report) during the second quarter, HoldingsChannel reports. The firm bought 28,085 shares of the company’s stock, valued at approximately $1,991,000.
A number of other institutional investors have also modified their holdings of BFAM. BlackRock Inc. acquired a new position in Bright Horizons Family Solutions in the second quarter worth about $452,317,000. Fuller & Thaler Asset Management Inc. bought a new stake in Bright Horizons Family Solutions in the fourth quarter valued at about $191,952,000. Norges Bank acquired a new stake in Bright Horizons Family Solutions during the fourth quarter valued at approximately $74,317,000. Janus Henderson Group PLC raised its stake in Bright Horizons Family Solutions by 2,536.7% during the fourth quarter. Janus Henderson Group PLC now owns 656,173 shares of the company’s stock valued at $66,535,000 after buying an additional 631,287 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in Bright Horizons Family Solutions by 64.4% during the 4th quarter. AQR Capital Management LLC now owns 1,579,757 shares of the company’s stock worth $160,124,000 after buying an additional 619,067 shares during the last quarter.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. UBS Group lifted their target price on Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Weiss Ratings reissued a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, July 29th. Morgan Stanley reduced their price objective on Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating on the stock in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $95.88.
Bright Horizons Family Solutions Price Performance
Shares of NYSE BFAM opened at $73.62 on Friday. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.48 and a quick ratio of 0.48. The firm has a market capitalization of $3.58 billion, a PE ratio of 23.30, a P/E/G ratio of 1.12 and a beta of 1.14. Bright Horizons Family Solutions Inc. has a 1-year low of $57.63 and a 1-year high of $124.25. The business’s fifty day moving average price is $72.57 and its two-hundred day moving average price is $74.45.
Bright Horizons Family Solutions (NYSE:BFAM – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.08. The company had revenue of $779.18 million during the quarter, compared to the consensus estimate of $774.84 million. Bright Horizons Family Solutions had a net margin of 5.78% and a return on equity of 20.09%. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.07 earnings per share. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. On average, research analysts expect that Bright Horizons Family Solutions Inc. will post 4.7 EPS for the current year.
Insiders Place Their Bets
In other Bright Horizons Family Solutions news, COO Mary Lou Burke sold 1,200 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $75.57, for a total transaction of $90,684.00. Following the completion of the transaction, the chief operating officer directly owned 32,145 shares of the company’s stock, valued at $2,429,197.65. The trade was a 3.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.42% of the stock is currently owned by corporate insiders.
Bright Horizons Family Solutions Profile
Bright Horizons Family Solutions, Inc (NYSE: BFAM) is a leading provider of employer-sponsored child care and early education services, offering a range of solutions designed to support working families and organizations. Through a network of on-site, near-site and center-based programs, the company partners with corporate and nonprofit clients to deliver infant, toddler, preschool and school-age care. Services emphasize age-appropriate curriculum, developmental milestones and community engagement to ensure high-quality learning experiences.
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