Segall Bryant & Hamill LLC decreased its holdings in shares of BrightSpring Health Services, Inc. (NASDAQ:BTSG – Free Report) by 52.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 57,752 shares of the company’s stock after selling 63,522 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in BrightSpring Health Services were worth $2,461,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in BTSG. Vanguard Group Inc. boosted its position in shares of BrightSpring Health Services by 30.5% in the fourth quarter. Vanguard Group Inc. now owns 12,533,656 shares of the company’s stock valued at $469,385,000 after acquiring an additional 2,928,953 shares during the period. The Manufacturers Life Insurance Company increased its position in BrightSpring Health Services by 936.4% during the second quarter. The Manufacturers Life Insurance Company now owns 2,276,583 shares of the company’s stock worth $53,705,000 after acquiring an additional 2,056,920 shares during the period. State Street Corp increased its position in BrightSpring Health Services by 99.5% during the fourth quarter. State Street Corp now owns 4,033,149 shares of the company’s stock worth $151,041,000 after acquiring an additional 2,011,095 shares during the period. Jane Street Group LLC raised its stake in 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 valued at $48,990,000 after purchasing an additional 1,859,369 shares during the last quarter. Finally, Invesco Ltd. raised its stake in BrightSpring Health Services by 13.4% during the 4th quarter. Invesco Ltd. now owns 10,595,232 shares of the company’s stock valued at $396,791,000 after purchasing an additional 1,248,107 shares during the last quarter.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the stock. Morgan Stanley raised their price target on shares of BrightSpring Health Services from $71.00 to $80.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Bank of America upped their price objective on shares of BrightSpring Health Services from $66.00 to $77.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Wall Street Zen cut shares of BrightSpring Health Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 4th. UBS Group lifted their target price on BrightSpring Health Services from $63.00 to $85.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Finally, Wells Fargo & Company boosted their price target on BrightSpring Health Services from $61.00 to $78.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $70.71.
Insider Activity
In related news, insider Jon B. Rousseau sold 130,000 shares of BrightSpring Health Services stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $58.75, for a total transaction of $7,637,500.00. Following the completion of the transaction, the insider directly owned 1,194,503 shares of the company’s stock, valued at $70,177,051.25. This trade represents a 9.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Lisa A. Nalley sold 35,000 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $58.75, for a total transaction of $2,056,250.00. Following the completion of the transaction, the insider owned 131,948 shares in the company, valued at approximately $7,751,945. This trade represents a 20.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 2.80% of the company’s stock.
Key Stories Impacting BrightSpring Health Services
Here are the key news stories impacting BrightSpring Health Services this week:
- Positive Sentiment: BrightSpring beat second-quarter expectations, reporting adjusted earnings of $0.45 per share versus the $0.40 consensus estimate and revenue of $3.87 billion versus $3.66 billion expected. Revenue increased 23% year over year, while EPS more than doubled from the prior-year quarter. BrightSpring Q2 Earnings Beat on Specialty Growth, 2026 View Raised
- Positive Sentiment: The company raised its 2026 outlook, citing broad-based growth in specialty pharmacy, infusion and home-health operations. Management also highlighted improving margins and EBITDA, strengthening the case for continued earnings growth. BTSG Raises 2026 Guidance as Specialty and Home Health Drive Growth
- Positive Sentiment: The earnings call reinforced the growth narrative, with pharmacy and provider services supporting stronger profitability and earnings momentum. BrightSpring Health Services Signals Strong Earnings Momentum
- Positive Sentiment: BTIG reaffirmed its Buy rating and maintained a $90 price target, implying substantial upside from the recent trading level and signaling continued analyst confidence in BrightSpring’s execution. BTIG Reaffirms Buy Rating and $90 Price Target
- Neutral Sentiment: Despite the improved outlook, analysts note that BTSG trades at a premium valuation. Strong growth and margin gains may already be reflected in the stock price, leaving less room for execution disappointments. Is BTSG a Buy as Rapid Growth Collides With Its Premium Valuation?
- Negative Sentiment: The shares had recently fallen 18.1% over one week, reflecting investor concerns about valuation, healthcare-policy exposure and integration risks, even as fundamentals and guidance improved. BTSG Drops 18.1% in One Week as Growth Meets Fresh Valuation Risks
BrightSpring Health Services Stock Performance
BrightSpring Health Services stock opened at $62.69 on Wednesday. The firm has a market capitalization of $12.40 billion, a P/E ratio of 37.77, a P/E/G ratio of 0.74 and a beta of 1.88. The stock has a fifty day moving average price of $66.46 and a two-hundred day moving average price of $52.27. BrightSpring Health Services, Inc. has a 52-week low of $19.19 and a 52-week high of $73.75. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.59 and a quick ratio of 1.22.
BrightSpring Health Services (NASDAQ:BTSG – Get Free Report) last issued its earnings results on Friday, July 31st. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.40 by $0.05. BrightSpring Health Services had a net margin of 2.55% and a return on equity of 16.73%. The company had revenue of $3.87 billion for the quarter, compared to the consensus estimate of $3.66 billion. During the same quarter in the previous year, the company earned $0.22 EPS. The firm’s revenue for the quarter was up 23.0% compared to the same quarter last year. As a group, analysts anticipate that BrightSpring Health Services, Inc. will post 1.77 EPS for the current fiscal year.
About BrightSpring Health Services
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.
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