748,393 Shares in BrightView Holdings, Inc. $BV Bought by Gagnon Securities LLC

Gagnon Securities LLC bought a new position in BrightView Holdings, Inc. (NYSE:BV) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 748,393 shares of the company’s stock, valued at approximately $7,484,000. BrightView makes up about 1.3% of Gagnon Securities LLC’s holdings, making the stock its 27th biggest position. Gagnon Securities LLC owned approximately 0.80% of BrightView as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new stake in BrightView in the second quarter worth $80,091,000. Dimensional Fund Advisors LP grew its stake in shares of BrightView by 3.8% during the first quarter. Dimensional Fund Advisors LP now owns 5,268,756 shares of the company’s stock valued at $62,118,000 after buying an additional 192,376 shares during the last quarter. Van Berkom & Associates Inc. grew its stake in shares of BrightView by 3.4% during the third quarter. Van Berkom & Associates Inc. now owns 5,185,923 shares of the company’s stock valued at $51,859,000 after buying an additional 168,606 shares during the last quarter. Bessemer Group Inc. increased its holdings in shares of BrightView by 5.6% in the first quarter. Bessemer Group Inc. now owns 1,879,712 shares of the company’s stock worth $22,162,000 after buying an additional 99,103 shares during the period. Finally, Private Management Group Inc. increased its holdings in shares of BrightView by 120.9% in the third quarter. Private Management Group Inc. now owns 1,394,689 shares of the company’s stock worth $13,947,000 after buying an additional 763,382 shares during the period. 92.41% of the stock is currently owned by institutional investors.

BrightView Price Performance

Shares of BrightView stock opened at $9.88 on Thursday. The company’s fifty day simple moving average is $10.84 and its two-hundred day simple moving average is $12.26. BrightView Holdings, Inc. has a 12-month low of $9.52 and a 12-month high of $15.00. The firm has a market cap of $920.35 million, a PE ratio of -25.99, a price-to-earnings-growth ratio of 1.47 and a beta of 1.16. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.71.

BrightView (NYSE:BV) last issued its quarterly earnings data on Tuesday, November 10th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.08). The firm had revenue of $677.30 million for the quarter, compared to the consensus estimate of $723.76 million. BrightView had a net margin of 0.03% and a return on equity of 3.85%. The business’s revenue was down 3.6% on a year-over-year basis. During the same period last year, the company posted $0.27 earnings per share. As a group, equities analysts expect that BrightView Holdings, Inc. will post 0.52 EPS for the current year.

BrightView News Summary

Here’s some of the latest news about BV:

• Neutral Sentiment: Baird cut its price target from $14 to $12 but retained an “outperform” rating, leaving its target above the share price cited in the reports. BTIG also lowered its target to $12. Baird price-target report BTIG price-target report
• Negative Sentiment: BrightView reported Q4 revenue of $677.3 million, down 3.6% year over year and below estimates. Adjusted EPS of $0.18 also missed consensus, while the company reported a small net loss attributable to common shareholders. Q4 earnings report
• Negative Sentiment: FY2027 revenue guidance of $2.5 billion–$2.7 billion is below the roughly $2.8 billion analyst consensus, signaling a weaker near-term outlook. Earnings and outlook coverage

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Weiss Ratings restated a “sell (d+)” rating on shares of BrightView in a report on Thursday, October 29th. Morgan Stanley decreased their price target on BrightView from $12.50 to $11.50 and set an “equal weight” rating on the stock in a research note on Tuesday, October 13th. Robert W. Baird lowered their price objective on BrightView from $14.00 to $12.00 and set an “outperform” rating for the company in a research report on Wednesday. Wall Street Zen downgraded BrightView from a “hold” rating to a “sell” rating in a research report on Saturday, November 7th. Finally, Zacks Research raised BrightView from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $13.60.

BrightView Company Profile

BrightView Holdings, Inc. provides commercial landscaping services in the United States. Its services include landscape maintenance, design and development, enhancements, and tree care for properties such as corporate campuses, residential communities, and public spaces. The company also provides snow and ice management and related services to help clients maintain their properties throughout the year. BrightView was formed in 2014 through the combination of landscaping businesses Brickman and ValleyCrest.