11,690 Shares in Bright Horizons Family Solutions Inc. $BFAM Purchased by Weiss Asset Management LP

Weiss Asset Management LP acquired a new position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAMFree Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 11,690 shares of the company’s stock, valued at approximately $960,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Waverly Advisors LLC bought a new stake in shares of Bright Horizons Family Solutions during the 1st quarter worth approximately $251,000. Wealth Alliance LLC bought a new position in Bright Horizons Family Solutions in the first quarter valued at approximately $267,000. Public Employees Retirement System of Ohio raised its position in Bright Horizons Family Solutions by 63.9% during the first quarter. Public Employees Retirement System of Ohio now owns 28,629 shares of the company’s stock valued at $2,351,000 after purchasing an additional 11,165 shares in the last quarter. Aristides Capital LLC acquired a new position in Bright Horizons Family Solutions during the first quarter valued at approximately $299,000. Finally, State of Wyoming bought a new stake in Bright Horizons Family Solutions during the first quarter worth $60,000.

Bright Horizons Family Solutions Stock Performance

Shares of Bright Horizons Family Solutions stock opened at $77.96 on Tuesday. Bright Horizons Family Solutions Inc. has a fifty-two week low of $57.63 and a fifty-two week high of $130.76. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.46 and a quick ratio of 0.46. The firm has a market capitalization of $4.10 billion, a P/E ratio of 23.48, a P/E/G ratio of 1.30 and a beta of 1.15. The company’s 50 day moving average price is $68.77 and its two-hundred day moving average price is $77.18.

Bright Horizons Family Solutions (NYSE:BFAMGet Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.03. Bright Horizons Family Solutions had a net margin of 6.35% and a return on equity of 18.01%. The company had revenue of $712.22 million during the quarter, compared to the consensus estimate of $713.35 million. During the same period in the prior year, the business earned $0.77 earnings per share. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. On average, equities analysts forecast that Bright Horizons Family Solutions Inc. will post 4.64 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on BFAM shares. JPMorgan Chase & Co. reduced their target price on Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Weiss Ratings downgraded Bright Horizons Family Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. Finally, UBS Group reduced their price objective on Bright Horizons Family Solutions from $88.00 to $87.00 and set a “neutral” rating on the stock in a research note on Friday, July 17th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $96.00.

Read Our Latest Stock Analysis on Bright Horizons Family Solutions

Bright Horizons Family Solutions Profile

(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.

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

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