KinderCare Learning Companies, Inc. $KLC Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its position in shares of KinderCare Learning Companies, Inc. (NYSE:KLC) by 78.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 231,342 shares of the company’s stock after selling 855,569 shares during the period. JPMorgan Chase & Co. owned about 0.20% of KinderCare Learning Companies worth $1,536,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in KLC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of KinderCare Learning Companies by 6.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,811 shares of the company’s stock valued at $195,000 after acquiring an additional 1,025 shares in the last quarter. Legal & General Group Plc raised its position in shares of KinderCare Learning Companies by 20.2% during the 2nd quarter. Legal & General Group Plc now owns 30,909 shares of the company’s stock valued at $312,000 after acquiring an additional 5,192 shares in the last quarter. Rhumbline Advisers raised its position in shares of KinderCare Learning Companies by 32.1% during the 2nd quarter. Rhumbline Advisers now owns 44,209 shares of the company’s stock valued at $447,000 after acquiring an additional 10,735 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in shares of KinderCare Learning Companies during the 2nd quarter valued at approximately $270,000. Finally, Invesco Ltd. raised its position in shares of KinderCare Learning Companies by 48.0% during the 2nd quarter. Invesco Ltd. now owns 33,698 shares of the company’s stock valued at $340,000 after acquiring an additional 10,932 shares in the last quarter.

Insider Buying and Selling at KinderCare Learning Companies

In other KinderCare Learning Companies news, CEO John T. Wyatt purchased 275,000 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The stock was bought at an average price of $2.07 per share, with a total value of $569,250.00. Following the completion of the purchase, the chief executive officer owned 1,037,834 shares in the company, valued at $2,148,316.38. This trade represents a 36.05% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Nuzzo purchased 25,000 shares of the firm’s stock in a transaction dated Thursday, March 19th. The stock was acquired at an average cost of $2.22 per share, with a total value of $55,500.00. Following the purchase, the director owned 46,905 shares of the company’s stock, valued at approximately $104,129.10. This represents a 114.13% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders bought 519,118 shares of company stock valued at $1,054,221. Company insiders own 5.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on KLC shares. Barclays reissued an “underweight” rating and set a $2.00 price target (down from $6.00) on shares of KinderCare Learning Companies in a research report on Monday, March 16th. The Goldman Sachs Group lowered their price objective on KinderCare Learning Companies from $5.20 to $2.90 and set a “neutral” rating for the company in a research note on Monday, March 16th. BMO Capital Markets lowered their price objective on KinderCare Learning Companies from $6.00 to $4.00 and set an “outperform” rating for the company in a research note on Friday, March 13th. Weiss Ratings restated a “sell (d)” rating on shares of KinderCare Learning Companies in a research note on Friday, March 27th. Finally, Morgan Stanley downgraded KinderCare Learning Companies from an “equal weight” rating to an “underweight” rating and lowered their price objective for the stock from $6.00 to $2.50 in a research note on Friday, March 13th. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $4.63.

KinderCare Learning Companies Trading Up 6.9%

NYSE:KLC opened at $2.73 on Thursday. KinderCare Learning Companies, Inc. has a 1 year low of $1.75 and a 1 year high of $13.88. The stock has a market cap of $322.53 million, a price-to-earnings ratio of -2.87 and a beta of 2.33. The business has a fifty day moving average of $3.42 and a 200-day moving average of $4.46. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.74 and a current ratio of 0.74.

KinderCare Learning Companies (NYSE:KLC) last released its quarterly earnings results on Thursday, March 12th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.03. KinderCare Learning Companies had a positive return on equity of 9.85% and a negative net margin of 4.13%.The company had revenue of $688.14 million during the quarter. During the same period in the previous year, the company posted $0.09 EPS. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. KinderCare Learning Companies has set its FY 2026 guidance at 0.100-0.200 EPS. Equities analysts predict that KinderCare Learning Companies, Inc. will post 0.3 earnings per share for the current year.

About KinderCare Learning Companies

KinderCare Learning Companies Inc is a provider of high-quality early childhood education by center capacity. KinderCare Learning Companies Inc is based in PORTLAND, Ore.