159,165 Shares in Bright Horizons Family Solutions Inc. $BFAM Acquired by Man Group plc

Man Group plc bought a new stake in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 159,165 shares of the company’s stock, valued at approximately $11,282,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BFAM. Jupiter Topco LLC acquired a new position in Bright Horizons Family Solutions in the second quarter worth approximately $49,561,000. Hsbc Holdings PLC bought a new position in shares of Bright Horizons Family Solutions in the second quarter valued at $746,000. Palisade Capital Management LP acquired a new stake in shares of Bright Horizons Family Solutions during the 2nd quarter valued at $8,595,000. Canada Pension Plan Investment Board acquired a new stake in shares of Bright Horizons Family Solutions during the 2nd quarter valued at $5,685,000. Finally, Legal & General Group Plc bought a new stake in shares of Bright Horizons Family Solutions during the 2nd quarter worth $8,620,000.

Insiders Place Their Bets

In other Bright Horizons Family Solutions 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 transaction, 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 document filed with the SEC, which is available at this hyperlink. 1.42% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on BFAM. UBS Group lifted their target price 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. Morgan Stanley reduced their target price 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 reiterated a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. dropped their price target on Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $95.88.

Bright Horizons Family Solutions Trading Up 0.8%

Bright Horizons Family Solutions stock opened at $74.94 on Friday. The company’s fifty day simple moving average is $73.73 and its 200-day simple moving average is $73.93. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 1.14. Bright Horizons Family Solutions Inc. has a 12 month low of $57.63 and a 12 month high of $118.73. The stock has a market cap of $3.64 billion, a P/E ratio of 23.72, a P/E/G ratio of 1.14 and a beta of 1.14.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.08. The business had revenue of $779.18 million during the quarter, compared to analyst estimates of $774.84 million. Bright Horizons Family Solutions had a return on equity of 20.09% and a net margin of 5.78%.Bright Horizons Family Solutions’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the company earned $1.07 earnings per share. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. As a group, sell-side analysts forecast that Bright Horizons Family Solutions Inc. will post 4.7 EPS for the current fiscal year.

About Bright Horizons Family Solutions

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.