Quantbot Technologies LP increased its position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM – Free Report) by 3,580.3% during the third quarter, HoldingsChannel.com reports. The firm owned 36,656 shares of the company’s stock after buying an additional 35,660 shares during the period. Quantbot Technologies LP’s holdings in Bright Horizons Family Solutions were worth $3,980,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also modified their holdings of the company. Artisan Partners Limited Partnership lifted its position in Bright Horizons Family Solutions by 10.4% in the second quarter. Artisan Partners Limited Partnership now owns 1,797,368 shares of the company’s stock worth $222,137,000 after purchasing an additional 168,891 shares during the period. State Street Corp increased its holdings in Bright Horizons Family Solutions by 1.5% in the 2nd quarter. State Street Corp now owns 1,014,845 shares of the company’s stock valued at $125,425,000 after buying an additional 15,296 shares during the period. Conestoga Capital Advisors LLC raised its stake in shares of Bright Horizons Family Solutions by 2.6% in the 3rd quarter. Conestoga Capital Advisors LLC now owns 880,580 shares of the company’s stock valued at $95,605,000 after buying an additional 22,570 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Bright Horizons Family Solutions by 5.8% during the 2nd quarter. AQR Capital Management LLC now owns 796,651 shares of the company’s stock worth $98,458,000 after acquiring an additional 43,418 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Bright Horizons Family Solutions by 25.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 723,005 shares of the company’s stock worth $89,356,000 after acquiring an additional 145,250 shares during the period.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on BFAM. UBS Group set a $93.00 target price on shares of Bright Horizons Family Solutions in a research note on Friday, February 13th. Morgan Stanley set a $70.00 price objective on Bright Horizons Family Solutions in a report on Friday, February 13th. BMO Capital Markets lowered their price objective 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 target price on Bright Horizons Family Solutions from $160.00 to $95.00 and set an “overweight” rating for the company in a report on Tuesday, February 17th. Finally, Wall Street Zen cut Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, November 30th. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $107.11.
Bright Horizons Family Solutions Stock Performance
NYSE BFAM opened at $74.57 on Monday. Bright Horizons Family Solutions Inc. has a 1-year low of $63.68 and a 1-year high of $132.99. The company has a 50 day moving average of $90.06 and a 200-day moving average of $100.42. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.56. The firm has a market cap of $4.22 billion, a price-to-earnings ratio of 22.19, a PEG ratio of 1.44 and a beta of 1.40.
Bright Horizons Family Solutions (NYSE:BFAM – Get Free Report) last announced its earnings results on Thursday, February 12th. The company reported $1.15 EPS for the quarter, topping the consensus estimate of $1.13 by $0.02. Bright Horizons Family Solutions had a return on equity of 17.41% and a net margin of 6.58%.The business had revenue of $733.70 million for the quarter, compared to the consensus estimate of $727.44 million. During the same period in the previous year, the business earned $0.98 EPS. Bright Horizons Family Solutions’s 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. On average, equities analysts forecast that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share 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.
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