William Blair Investment Management LLC Sells 181,003 Shares of Bright Horizons Family Solutions Inc. $BFAM

William Blair Investment Management LLC reduced its stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 12.5% in the third quarter, Holdings Channel.com reports. The fund owned 1,265,118 shares of the company’s stock after selling 181,003 shares during the period. William Blair Investment Management LLC’s holdings in Bright Horizons Family Solutions were worth $137,354,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Financial Consulate Inc. purchased a new stake in Bright Horizons Family Solutions during the 3rd quarter worth about $26,000. TruNorth Capital Management LLC bought a new stake in shares of Bright Horizons Family Solutions during the third quarter valued at about $28,000. Geneos Wealth Management Inc. lifted its holdings in shares of Bright Horizons Family Solutions by 98.8% in the first quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock worth $43,000 after buying an additional 167 shares in the last quarter. Rothschild Investment LLC boosted its position in shares of Bright Horizons Family Solutions by 6,700.0% in the third quarter. Rothschild Investment LLC now owns 340 shares of the company’s stock valued at $37,000 after acquiring an additional 335 shares during the period. Finally, SJS Investment Consulting Inc. boosted its holdings in Bright Horizons Family Solutions by 9,075.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 367 shares of the company’s stock valued at $40,000 after purchasing an additional 363 shares during the period.

Bright Horizons Family Solutions Price Performance

BFAM opened at $74.57 on Friday. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $4.22 billion, a P/E ratio of 22.19, a PEG ratio of 1.44 and a beta of 1.40. The stock has a 50-day moving average price of $90.06 and a 200-day moving average price of $100.56. Bright Horizons Family Solutions Inc. has a 12-month low of $63.68 and a 12-month high of $132.99.

Bright Horizons Family Solutions (NYSE:BFAM) last released its earnings results on Thursday, February 12th. The company reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $733.70 million during the quarter, compared to the consensus estimate of $727.44 million. During the same quarter in the previous year, the company posted $0.98 EPS. Bright Horizons Family Solutions’s quarterly revenue was up 9.2% compared to the same quarter last year. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. Equities analysts predict that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on BFAM. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bright Horizons Family Solutions in a report on Monday, December 29th. BMO Capital Markets decreased their target price on Bright Horizons Family Solutions from $124.00 to $100.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 17th. Barclays dropped their price target on Bright Horizons Family Solutions from $160.00 to $95.00 and set an “overweight” rating for the company in a research report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft set a $99.00 price objective on shares of Bright Horizons Family Solutions and gave the stock a “hold” rating in a research report on Friday, February 13th. Finally, Morgan Stanley set a $70.00 target price on shares of Bright Horizons Family Solutions in a research note on Friday, February 13th. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $107.11.

Bright Horizons Family Solutions 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.