Bright Horizons Family Solutions Inc. $BFAM Shares Acquired by Conestoga Capital Advisors LLC

Conestoga Capital Advisors LLC lifted its position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 17.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,293,146 shares of the company’s stock after buying an additional 192,343 shares during the quarter. Bright Horizons Family Solutions comprises 2.1% of Conestoga Capital Advisors LLC’s holdings, making the stock its 20th biggest position. Conestoga Capital Advisors LLC’s holdings in Bright Horizons Family Solutions were worth $106,206,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. NewEdge Advisors LLC raised its holdings in Bright Horizons Family Solutions by 24.1% in the 1st quarter. NewEdge Advisors LLC now owns 6,750 shares of the company’s stock valued at $858,000 after acquiring an additional 1,312 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Bright Horizons Family Solutions by 149.1% during the first quarter. Goldman Sachs Group Inc. now owns 614,293 shares of the company’s stock worth $78,040,000 after purchasing an additional 367,711 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Bright Horizons Family Solutions by 12.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 195,119 shares of the company’s stock valued at $24,788,000 after purchasing an additional 20,859 shares during the period. Jane Street Group LLC grew its position in shares of Bright Horizons Family Solutions by 646.2% in the first quarter. Jane Street Group LLC now owns 59,643 shares of the company’s stock valued at $7,577,000 after purchasing an additional 51,650 shares during the period. Finally, Focus Partners Wealth grew its position in shares of Bright Horizons Family Solutions by 70.5% in the first quarter. Focus Partners Wealth now owns 4,516 shares of the company’s stock valued at $574,000 after purchasing an additional 1,868 shares during the period.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. JPMorgan Chase & Co. reduced their target price on Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Weiss Ratings cut Bright Horizons Family Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 1st. Finally, UBS Group dropped their price objective on shares of Bright Horizons Family Solutions from $93.00 to $88.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $96.12.

Bright Horizons Family Solutions Stock Up 3.2%

Shares of BFAM opened at $73.16 on Thursday. The firm has a market cap of $3.85 billion, a PE ratio of 22.04, a price-to-earnings-growth ratio of 1.22 and a beta of 1.15. The company’s fifty day moving average is $68.89 and its two-hundred day moving average is $80.58. Bright Horizons Family Solutions Inc. has a fifty-two week low of $57.63 and a fifty-two week high of $130.76. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.78.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.03. The company had revenue of $712.22 million during the quarter, compared to analysts’ expectations of $713.35 million. Bright Horizons Family Solutions had a net margin of 6.35% and a return on equity of 18.01%. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.77 EPS. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. Analysts forecast that Bright Horizons Family Solutions Inc. will post 4.64 earnings per share for the current 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.