KBC Group NV Buys 8,090 Shares of Bright Horizons Family Solutions Inc. $BFAM

KBC Group NV lifted its position in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 16.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,024 shares of the company’s stock after acquiring an additional 8,090 shares during the period. KBC Group NV owned approximately 0.11% of Bright Horizons Family Solutions worth $4,683,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of BFAM. Fuller & Thaler Asset Management Inc. bought a new stake in Bright Horizons Family Solutions in the fourth quarter valued at approximately $191,952,000. Norges Bank bought a new position in shares of Bright Horizons Family Solutions during the fourth quarter worth $74,317,000. Janus Henderson Group PLC boosted its position in shares of Bright Horizons Family Solutions by 2,536.7% during the fourth quarter. Janus Henderson Group PLC now owns 656,173 shares of the company’s stock worth $66,535,000 after purchasing an additional 631,287 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Bright Horizons Family Solutions by 64.4% in the 4th quarter. AQR Capital Management LLC now owns 1,579,757 shares of the company’s stock valued at $160,124,000 after buying an additional 619,067 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Bright Horizons Family Solutions by 23.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,026,442 shares of the company’s stock valued at $306,881,000 after buying an additional 582,976 shares during the period.

Analyst Ratings Changes

Several analysts recently commented on the company. JPMorgan Chase & Co. dropped their price objective on Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Weiss Ratings downgraded 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 target on Bright Horizons Family Solutions from $88.00 to $87.00 and set a “neutral” rating on the stock in a research report on Friday, July 17th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $96.00.

Bright Horizons Family Solutions Trading Up 3.2%

Shares of NYSE:BFAM opened at $74.32 on Friday. Bright Horizons Family Solutions Inc. has a 12 month low of $57.63 and a 12 month 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. The company’s fifty day simple moving average is $68.43 and its 200 day simple moving average is $77.55. The firm has a market cap of $3.91 billion, a price-to-earnings ratio of 22.38, a PEG ratio of 1.24 and a beta of 1.15.

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

Bright Horizons Family Solutions Company 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.