First Trust Advisors LP Acquires 25,376 Shares of Bright Horizons Family Solutions Inc. $BFAM

First Trust Advisors LP raised its stake in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAMFree Report) by 419.9% during the first quarter, Holdings Channel reports. The firm owned 31,420 shares of the company’s stock after buying an additional 25,376 shares during the period. First Trust Advisors LP’s holdings in Bright Horizons Family Solutions were worth $2,581,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of BFAM. AG Campbell Advisory LLC acquired a new position in shares of Bright Horizons Family Solutions in the 4th quarter worth approximately $41,000. Signaturefd LLC boosted its stake in Bright Horizons Family Solutions by 34.4% in the 4th quarter. Signaturefd LLC now owns 426 shares of the company’s stock valued at $43,000 after buying an additional 109 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in 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 bought a new stake in Bright Horizons Family Solutions in the third quarter valued at $43,000. Finally, Fifth Third Bancorp grew its position 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 period.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BFAM. Morgan Stanley cut their price objective on Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating for the company in a report on Friday, July 31st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a report on Wednesday, July 29th. UBS Group increased their target price on shares of 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. Finally, JPMorgan Chase & Co. cut their price target 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 equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $95.88.

Get Our Latest Research Report on BFAM

Bright Horizons Family Solutions Stock Down 0.7%

NYSE:BFAM opened at $73.42 on Friday. Bright Horizons Family Solutions Inc. has a 12-month low of $57.63 and a 12-month high of $124.25. The company has a quick ratio of 0.46, a current ratio of 0.48 and a debt-to-equity ratio of 1.14. The firm has a market capitalization of $3.86 billion, a P/E ratio of 23.23, a P/E/G ratio of 1.15 and a beta of 1.14. The stock’s fifty day simple moving average is $70.78 and its 200-day simple moving average is $75.88.

Bright Horizons Family Solutions (NYSE:BFAMGet Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.08. Bright Horizons Family Solutions had a return on equity of 20.09% and a net margin of 5.78%.The business had revenue of $779.18 million during the quarter, compared to analysts’ expectations of $774.84 million. During the same period in the previous year, the firm earned $1.07 earnings per share. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. Equities research analysts expect that Bright Horizons Family Solutions Inc. will post 4.64 earnings per share for the current year.

Insider Activity

In other news, COO Mary Lou Burke sold 1,200 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $75.57, for a total value of $90,684.00. Following the completion of the sale, the chief operating officer directly owned 32,145 shares of the company’s stock, valued at $2,429,197.65. This represents a 3.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.42% of the company’s stock.

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.

Further Reading

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

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