Teacher Retirement System of Texas Purchases 18,265 Shares of BrightSpring Health Services, Inc. $BTSG

Teacher Retirement System of Texas grew its position in BrightSpring Health Services, Inc. (NASDAQ:BTSG) by 124.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,915 shares of the company’s stock after purchasing an additional 18,265 shares during the quarter. Teacher Retirement System of Texas’ holdings in BrightSpring Health Services were worth $776,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in BTSG. T. Rowe Price Investment Management Inc. boosted its stake in BrightSpring Health Services by 264.7% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 5,772,772 shares of the company’s stock valued at $104,430,000 after purchasing an additional 4,189,805 shares during the period. Invesco Ltd. boosted its position in shares of BrightSpring Health Services by 41.0% in the first quarter. Invesco Ltd. now owns 6,172,597 shares of the company’s stock valued at $111,662,000 after acquiring an additional 1,794,035 shares during the period. Nuveen LLC acquired a new position in shares of BrightSpring Health Services in the first quarter valued at about $29,333,000. Vanguard Group Inc. increased its position in BrightSpring Health Services by 24.6% during the first quarter. Vanguard Group Inc. now owns 6,633,744 shares of the company’s stock worth $120,004,000 after acquiring an additional 1,308,651 shares during the period. Finally, Iron Triangle Partners LP bought a new position in BrightSpring Health Services during the first quarter worth about $13,067,000.

BrightSpring Health Services Stock Performance

NASDAQ BTSG opened at $33.14 on Friday. The firm’s fifty day moving average price is $29.18 and its two-hundred day moving average price is $24.35. The stock has a market cap of $5.98 billion, a PE ratio of 54.33, a PEG ratio of 0.58 and a beta of 2.41. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.38 and a current ratio of 1.79. BrightSpring Health Services, Inc. has a fifty-two week low of $15.26 and a fifty-two week high of $35.01.

BrightSpring Health Services (NASDAQ:BTSG) last released its quarterly earnings data on Monday, October 20th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.03. The company had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.16 billion. BrightSpring Health Services had a return on equity of 11.61% and a net margin of 1.04%. BrightSpring Health Services has set its Q3 2025 guidance at 0.300-0.300 EPS. FY 2025 guidance at EPS. On average, equities analysts expect that BrightSpring Health Services, Inc. will post 0.59 EPS for the current fiscal year.

Insider Transactions at BrightSpring Health Services

In related news, insider Jon B. Rousseau sold 235,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $28.78, for a total value of $6,763,300.00. Following the completion of the transaction, the insider owned 1,131,930 shares in the company, valued at $32,576,945.40. This trade represents a 17.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Lisa A. Nalley sold 20,000 shares of BrightSpring Health Services stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $28.78, for a total transaction of $575,600.00. Following the sale, the insider owned 131,150 shares in the company, valued at approximately $3,774,497. This represents a 13.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.40% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on BTSG shares. Morgan Stanley boosted their price objective on shares of BrightSpring Health Services from $25.00 to $32.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. Wall Street Zen upgraded BrightSpring Health Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 1st. Cowen reissued a “buy” rating on shares of BrightSpring Health Services in a research report on Monday, August 4th. Jefferies Financial Group set a $36.00 price objective on BrightSpring Health Services and gave the company a “buy” rating in a report on Tuesday, October 21st. Finally, Mizuho set a $38.00 target price on BrightSpring Health Services in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $34.70.

BrightSpring Health Services Company Profile

BrightSpring Health Services, Inc operates a home and community-based healthcare services platform in the United States. The company's platform focuses on delivering pharmacy and provider services, including clinical and supportive care in home and community settings to Medicare, Medicaid, and insured populations.