William Blair Investment Management LLC bought a new stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 819,598 shares of the company’s stock, valued at approximately $58,093,000. William Blair Investment Management LLC owned 1.69% of Bright Horizons Family Solutions as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in BFAM. Landscape Capital Management L.L.C. bought a new position in Bright Horizons Family Solutions during the second quarter worth about $1,300,000. Ieq Capital LLC acquired a new stake in Bright Horizons Family Solutions during the second quarter valued at approximately $7,148,000. Callan Family Office LLC bought a new stake in shares of Bright Horizons Family Solutions in the 2nd quarter valued at approximately $532,000. Paralel Advisors LLC bought a new stake in shares of Bright Horizons Family Solutions in the 2nd quarter valued at approximately $1,991,000. Finally, Allworth Financial LP acquired a new position in shares of Bright Horizons Family Solutions in the 2nd quarter worth approximately $193,000.
Insider Buying and Selling at Bright Horizons Family Solutions
In other news, COO Mary Lou Burke sold 1,200 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $75.57, for a total value of $90,684.00. Following the completion of the sale, the chief operating officer directly owned 32,145 shares in the company, valued at approximately $2,429,197.65. This trade represents a 3.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 1.42% of the company’s stock.
Bright Horizons Family Solutions Stock Down 1.1%
Bright Horizons Family Solutions (NYSE:BFAM – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.08. Bright Horizons Family Solutions had a return on equity of 20.09% and a net margin of 5.78%.The firm had revenue of $779.18 million during the quarter, compared to analysts’ expectations of $774.84 million. During the same period last year, the firm posted $1.07 EPS. The business’s revenue was up 6.4% on a year-over-year basis. 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 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several research firms recently commented on BFAM. Morgan Stanley cut their target price on Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating for the company in a research report on Friday, July 31st. 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 research note on Friday, July 31st. Weiss Ratings reiterated a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, July 29th. Finally, JPMorgan Chase & Co. cut their price objective on Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Bright Horizons Family Solutions has a consensus rating of “Hold” and an average target price of $95.88.
View Our Latest Analysis on Bright Horizons Family Solutions
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.
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