Callan Family Office LLC Purchases New Position in Bright Horizons Family Solutions Inc. $BFAM

Callan Family Office LLC purchased a new position in Bright Horizons Family Solutions Inc. (NYSE:BFAMFree Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,499 shares of the company’s stock, valued at approximately $532,000.

Several other institutional investors and hedge funds have also bought and sold shares of BFAM. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Bright Horizons Family Solutions during the 2nd quarter worth approximately $29,000. AG Campbell Advisory LLC purchased a new position in shares of Bright Horizons Family Solutions in the 4th quarter valued at approximately $41,000. Geneos Wealth Management Inc. lifted its stake in shares of 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 purchasing an additional 167 shares during the period. Danske Bank A S bought a new stake in shares of Bright Horizons Family Solutions during the third quarter valued at approximately $43,000. Finally, State of Wyoming bought a new stake in shares of Bright Horizons Family Solutions during the first quarter valued at approximately $60,000.

Analyst Ratings Changes

BFAM has been the subject of a number of research reports. UBS Group increased their price objective on Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. JPMorgan Chase & Co. dropped their target price on shares of 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 reaffirmed a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, July 29th. Finally, Morgan Stanley decreased their price target on shares of Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating for the company in a research note on Friday, July 31st. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $95.88.

Check Out Our Latest Analysis on BFAM

Insider Activity

In other news, COO Mary Lou Burke sold 1,200 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $75.57, for a total transaction of $90,684.00. Following the sale, the chief operating officer owned 32,145 shares in the company, valued at $2,429,197.65. This represents a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.42% of the company’s stock.

Bright Horizons Family Solutions Price Performance

BFAM opened at $73.88 on Wednesday. The firm has a market cap of $3.59 billion, a PE ratio of 23.38, a P/E/G ratio of 1.13 and a beta of 1.14. The stock has a 50-day moving average price of $73.12 and a 200-day moving average price of $74.10. Bright Horizons Family Solutions Inc. has a 1 year low of $57.63 and a 1 year high of $121.13. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.48 and a quick ratio of 0.48.

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, beating the consensus estimate of $1.20 by $0.08. The company had revenue of $779.18 million for the quarter, compared to the consensus estimate of $774.84 million. Bright Horizons Family Solutions had a net margin of 5.78% and a return on equity of 20.09%. Bright Horizons Family Solutions’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.07 EPS. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. Sell-side analysts predict that Bright Horizons Family Solutions Inc. will post 4.7 earnings per share for the current fiscal year.

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

Want to see what other hedge funds are holding BFAM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bright Horizons Family Solutions Inc. (NYSE:BFAMFree Report).

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

Receive News & Ratings for Bright Horizons Family Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bright Horizons Family Solutions and related companies with MarketBeat.com's FREE daily email newsletter.