Vanguard Group Inc. Sells 78,724 Shares of Bright Horizons Family Solutions Inc. $BFAM

Vanguard Group Inc. reduced its stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 1.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,217,543 shares of the company’s stock after selling 78,724 shares during the period. Vanguard Group Inc. owned approximately 0.09% of Bright Horizons Family Solutions worth $566,469,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Norges Bank acquired a new stake in Bright Horizons Family Solutions in the 2nd quarter valued at $87,648,000. M&G PLC lifted its holdings in shares of Bright Horizons Family Solutions by 246.4% during the second quarter. M&G PLC now owns 690,022 shares of the company’s stock valued at $85,563,000 after acquiring an additional 490,814 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Bright Horizons Family Solutions by 149.1% during the first quarter. Goldman Sachs Group Inc. now owns 614,293 shares of the company’s stock valued at $78,040,000 after acquiring an additional 367,711 shares during the period. Qube Research & Technologies Ltd boosted its stake in shares of Bright Horizons Family Solutions by 330.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 430,388 shares of the company’s stock valued at $53,192,000 after purchasing an additional 330,377 shares in the last quarter. Finally, Fiera Capital Corp bought a new position in Bright Horizons Family Solutions during the 2nd quarter valued at about $39,609,000.

Bright Horizons Family Solutions Price Performance

BFAM opened at $71.73 on Wednesday. The company has a fifty day moving average price of $91.81 and a two-hundred day moving average price of $101.36. The firm has a market capitalization of $4.06 billion, a PE ratio of 21.35, a P/E/G ratio of 1.38 and a beta of 1.40. Bright Horizons Family Solutions Inc. has a 52 week low of $63.68 and a 52 week high of $132.99. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.54 and a current ratio of 0.54.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.02. Bright Horizons Family Solutions had a return on equity of 17.27% and a net margin of 6.58%.The business had revenue of $733.70 million for the quarter, compared to analyst estimates of $727.44 million. During the same period last year, the company earned $0.98 EPS. The firm’s revenue was up 9.2% 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, analysts anticipate that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current year.

Wall Street Analyst Weigh In

BFAM has been the topic of several recent analyst reports. Zacks Research downgraded Bright Horizons Family Solutions from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bright Horizons Family Solutions in a research report on Monday, December 29th. Morgan Stanley set a $70.00 price objective on shares of Bright Horizons Family Solutions in a research report on Friday, February 13th. The Goldman Sachs Group reduced their target price on shares of Bright Horizons Family Solutions from $130.00 to $112.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Finally, BMO Capital Markets lowered their price target on shares of Bright Horizons Family Solutions from $124.00 to $100.00 and set an “outperform” rating for the company in a report on Tuesday, February 17th. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $107.11.

Bright Horizons Family Solutions Company Profile

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.