Geneva Capital Management LLC Boosts Holdings in Bright Horizons Family Solutions Inc. $BFAM

Geneva Capital Management LLC boosted its position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 18.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 709,384 shares of the company’s stock after purchasing an additional 109,916 shares during the period. Bright Horizons Family Solutions makes up about 1.3% of Geneva Capital Management LLC’s holdings, making the stock its 25th biggest holding. Geneva Capital Management LLC’s holdings in Bright Horizons Family Solutions were worth $77,018,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. TimesSquare Capital Management LLC increased its position in shares of Bright Horizons Family Solutions by 16.8% during the third quarter. TimesSquare Capital Management LLC now owns 200,475 shares of the company’s stock valued at $21,766,000 after acquiring an additional 28,827 shares in the last quarter. Quantbot Technologies LP lifted its holdings in shares of Bright Horizons Family Solutions by 3,580.3% during the third quarter. Quantbot Technologies LP now owns 36,656 shares of the company’s stock valued at $3,980,000 after purchasing an additional 35,660 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of Bright Horizons Family Solutions by 24.5% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 56,252 shares of the company’s stock valued at $6,107,000 after buying an additional 11,085 shares during the last quarter. GSA Capital Partners LLP purchased a new position in Bright Horizons Family Solutions in the 3rd quarter worth about $2,478,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Bright Horizons Family Solutions during the 3rd quarter valued at about $2,768,000.

Wall Street Analysts Forecast Growth

BFAM has been the subject of a number of research analyst reports. Zacks Research downgraded shares of Bright Horizons Family Solutions from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Wall Street Zen cut shares of Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research note on Sunday, November 30th. The Goldman Sachs Group decreased their price target on shares of Bright Horizons Family Solutions from $130.00 to $112.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bright Horizons Family Solutions in a research report on Monday, December 29th. Finally, Morgan Stanley set a $70.00 price objective on Bright Horizons Family Solutions in a research report on Friday, February 13th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $107.11.

Bright Horizons Family Solutions Stock Performance

Shares of Bright Horizons Family Solutions stock opened at $76.41 on Wednesday. Bright Horizons Family Solutions Inc. has a 12 month low of $63.68 and a 12 month high of $132.99. The stock’s fifty day moving average price is $86.58 and its 200-day moving average price is $98.20. The firm has a market cap of $4.21 billion, a P/E ratio of 22.74, a P/E/G ratio of 1.49 and a beta of 1.42. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.56.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its earnings results on Thursday, February 12th. The company reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.02. Bright Horizons Family Solutions had a net margin of 6.58% and a return on equity of 17.41%. The business had revenue of $733.70 million for the quarter, compared to the consensus estimate of $727.44 million. During the same quarter last year, the firm posted $0.98 EPS. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. On average, equities research analysts expect that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current fiscal year.

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.