Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 166,188 shares of the company’s stock, valued at approximately $11,779,000. Connor Clark & Lunn Investment Management Ltd. owned 0.34% of Bright Horizons Family Solutions as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its position in shares of Bright Horizons Family Solutions by 98.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock valued at $43,000 after buying an additional 167 shares in the last quarter. Danske Bank A S acquired a new stake in shares of Bright Horizons Family Solutions during the 3rd quarter worth approximately $43,000. AG Campbell Advisory LLC acquired a new stake in shares of Bright Horizons Family Solutions during the 4th quarter worth approximately $41,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Bright Horizons Family Solutions in the second quarter valued at approximately $29,000. Finally, Fifth Third Bancorp increased its stake in Bright Horizons Family Solutions by 72.8% in the fourth quarter. Fifth Third Bancorp now owns 648 shares of the company’s stock valued at $66,000 after acquiring an additional 273 shares during the last quarter.
Analyst Ratings Changes
Several research firms have weighed in on BFAM. UBS Group upped their target price on Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Weiss Ratings reiterated a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, July 29th. JPMorgan Chase & Co. lowered their price target on 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. Finally, Morgan Stanley dropped their price objective on Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating for the company in a research report on Friday, July 31st. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $95.88.
Bright Horizons Family Solutions Stock Performance
NYSE BFAM opened at $74.30 on Thursday. The firm’s fifty day moving average price is $73.32 and its two-hundred day moving average price is $74.00. The stock has a market cap of $3.61 billion, a PE ratio of 23.51, a PEG ratio of 1.13 and a beta of 1.14. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.48 and a current ratio of 0.48. Bright Horizons Family Solutions Inc. has a fifty-two week low of $57.63 and a fifty-two week high of $120.09.
Bright Horizons Family Solutions (NYSE:BFAM – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.08. The company had revenue of $779.18 million for the quarter, compared to the consensus estimate of $774.84 million. Bright Horizons Family Solutions had a return on equity of 20.09% and a net margin of 5.78%.Bright Horizons Family Solutions’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the business posted $1.07 EPS. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. On average, equities analysts expect that Bright Horizons Family Solutions Inc. will post 4.7 EPS for the current fiscal year.
Insider Buying and Selling
In related news, COO Mary Lou Burke sold 1,200 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $75.57, for a total transaction of $90,684.00. Following the sale, the chief operating officer directly owned 32,145 shares in the company, valued at $2,429,197.65. This trade represents a 3.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.42% of the stock is currently owned by corporate insiders.
Bright Horizons Family Solutions Company 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.
Read More
- Five stocks we like better than Bright Horizons Family Solutions
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Want to see what other hedge funds are holding BFAM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bright Horizons Family Solutions Inc. (NYSE:BFAM – Free Report).
Receive News & Ratings for Bright Horizons Family Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bright Horizons Family Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
