Intech Investment Management LLC Raises Stock Position in BrightSpring Health Services, Inc. $BTSG

Posted by Stanley Muller on Jun 6th, 2026

Intech Investment Management LLC raised its stake in BrightSpring Health Services, Inc. (NASDAQ:BTSG – Free Report) by 37.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 37,999 shares of the company’s stock after buying an additional 10,426 shares during the quarter. Intech Investment Management LLC’s holdings in BrightSpring Health Services were worth $1,423,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of BTSG. Vanguard Group Inc. increased its stake in shares of BrightSpring Health Services by 30.5% during the 4th quarter. Vanguard Group Inc. now owns 12,533,656 shares of the company’s stock worth $469,385,000 after purchasing an additional 2,928,953 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of BrightSpring Health Services by 936.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,276,583 shares of the company’s stock worth $53,705,000 after purchasing an additional 2,056,920 shares in the last quarter. Jane Street Group LLC increased its stake in shares of BrightSpring Health Services by 855.4% during the 2nd quarter. Jane Street Group LLC now owns 2,076,730 shares of the company’s stock worth $48,990,000 after purchasing an additional 1,859,369 shares in the last quarter. 8 Knots Management LLC purchased a new position in shares of BrightSpring Health Services during the 3rd quarter worth approximately $51,244,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of BrightSpring Health Services by 123.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,096,949 shares of the company’s stock worth $61,966,000 after purchasing an additional 1,160,500 shares in the last quarter.

Insider Buying and Selling at BrightSpring Health Services

In related news, insider Jon B. Rousseau sold 130,000 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $58.75, for a total value of $7,637,500.00. Following the completion of the sale, the insider directly owned 1,194,503 shares in the company, valued at approximately $70,177,051.25. This represents a 9.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Lisa A. Nalley sold 35,000 shares of the stock in a transaction on Friday, June 5th. The shares were sold at an average price of $58.75, for a total value of $2,056,250.00. Following the completion of the sale, the insider owned 131,948 shares of the company’s stock, valued at approximately $7,751,945. This represents a 20.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently weighed in on BTSG. Zacks Research raised shares of BrightSpring Health Services from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 3rd. Mizuho lifted their target price on shares of BrightSpring Health Services from $52.00 to $61.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. KeyCorp lifted their target price on shares of BrightSpring Health Services from $55.00 to $60.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. BMO Capital Markets set a $70.00 target price on shares of BrightSpring Health Services in a research note on Thursday, May 21st. Finally, Weiss Ratings raised shares of BrightSpring Health Services from a “hold (c)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, BrightSpring Health Services presently has an average rating of “Buy” and an average target price of $57.64.

Check Out Our Latest Stock Analysis on BTSG

BrightSpring Health Services Price Performance

Shares of BTSG opened at $57.40 on Friday. BrightSpring Health Services, Inc. has a fifty-two week low of $19.01 and a fifty-two week high of $62.11. The company’s fifty day moving average is $51.25 and its two-hundred day moving average is $42.99. The firm has a market cap of $11.13 billion, a PE ratio of 40.71, a price-to-earnings-growth ratio of 0.74 and a beta of 1.87. The company has a quick ratio of 1.38, a current ratio of 1.74 and a debt-to-equity ratio of 1.24.

BrightSpring Health Services (NASDAQ:BTSG – Get Free Report) last released its quarterly earnings data on Friday, May 1st. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.10. The company had revenue of $3.61 billion during the quarter, compared to analyst estimates of $3.39 billion. BrightSpring Health Services had a net margin of 2.27% and a return on equity of 14.63%. The business’s quarterly revenue was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.14 earnings per share. Analysts forecast that BrightSpring Health Services, Inc. will post 1.67 earnings per share for the current year.

About BrightSpring Health Services

(Free Report)

BrightSpring Health Services (NASDAQ: BTSG) is a leading provider of home and community-based care and workforce solutions aimed at seniors, individuals with disabilities and those facing behavioral health challenges. The company’s operations encompass a broad spectrum of services, including personal care, skilled nursing, therapy, habilitation and supported living, as well as specialized behavioral health programs delivered through both clinical and non-clinical channels.

Through its network of subsidiary brands, BrightSpring offers integrated care in the patient’s home environment, fostering independence and improving quality of life.