Bright Horizons Family Solutions Inc. $BFAM Shares Acquired by Employees Retirement System of Texas

Employees Retirement System of Texas lifted its holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAMFree Report) by 1,932.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,721 shares of the company’s stock after buying an additional 8,292 shares during the period. Employees Retirement System of Texas’ holdings in Bright Horizons Family Solutions were worth $884,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the business. Summitry LLC grew its stake in Bright Horizons Family Solutions by 67.8% during the 4th quarter. Summitry LLC now owns 4,213 shares of the company’s stock valued at $427,000 after acquiring an additional 1,703 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Bright Horizons Family Solutions by 117.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 3,025 shares of the company’s stock worth $307,000 after purchasing an additional 1,636 shares during the last quarter. Legato Capital Management LLC acquired a new position in shares of Bright Horizons Family Solutions during the 4th quarter worth approximately $310,000. Global Retirement Partners LLC grew its position in shares of Bright Horizons Family Solutions by 1,132.1% in the fourth quarter. Global Retirement Partners LLC now owns 2,883 shares of the company’s stock valued at $292,000 after purchasing an additional 2,649 shares in the last quarter. Finally, IFP Advisors Inc grew its position in shares of Bright Horizons Family Solutions by 14.5% in the fourth quarter. IFP Advisors Inc now owns 1,729 shares of the company’s stock valued at $175,000 after purchasing an additional 219 shares in the last quarter.

Bright Horizons Family Solutions Trading Down 4.1%

Shares of Bright Horizons Family Solutions stock opened at $62.42 on Thursday. The stock has a 50 day moving average of $77.14 and a 200 day moving average of $86.88. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.46 and a current ratio of 0.46. The firm has a market capitalization of $3.28 billion, a price-to-earnings ratio of 18.80, a PEG ratio of 1.12 and a beta of 1.28. Bright Horizons Family Solutions Inc. has a fifty-two week low of $62.41 and a fifty-two week high of $132.43.

Bright Horizons Family Solutions (NYSE:BFAMGet Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.03. Bright Horizons Family Solutions had a return on equity of 18.01% and a net margin of 6.35%.The company had revenue of $712.22 million for the quarter, compared to the consensus estimate of $713.35 million. During the same quarter in the previous year, the business earned $0.77 earnings per share. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. As a group, research analysts predict that Bright Horizons Family Solutions Inc. will post 4.64 earnings per share for the current year.

Analyst Ratings Changes

BFAM has been the subject of several recent research reports. The Goldman Sachs Group cut their price target on Bright Horizons Family Solutions from $130.00 to $112.00 and set a “buy” rating for the company in a report on Friday, February 13th. Weiss Ratings cut Bright Horizons Family Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 1st. UBS Group cut their target price on Bright Horizons Family Solutions from $93.00 to $88.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Robert W. Baird set a $100.00 price target on shares of Bright Horizons Family Solutions in a research report on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft set a $99.00 price objective on shares of Bright Horizons Family Solutions and gave the company a “hold” rating in a report on Friday, February 13th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Bright Horizons Family Solutions currently has a consensus rating of “Hold” and an average target price of $100.44.

Get Our Latest Stock Analysis on Bright Horizons Family Solutions

About Bright Horizons Family Solutions

(Free Report)

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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Institutional Ownership by Quarter for Bright Horizons Family Solutions (NYSE:BFAM)

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