Bank of New York Mellon Corp Buys New Stake in Bright Horizons Family Solutions Inc. $BFAM

Key Points

• Bank of New York Mellon purchased 293,850 Bright Horizons Family Solutions shares worth approximately $20.8 million, representing about 0.56% of the company. Several other institutional investors also increased their holdings.
• Analyst sentiment remains mixed, with four Buy, three Hold and two Sell ratings; the consensus rating is Hold with a $95.88 target price. Morgan Stanley and JPMorgan recently lowered their price targets.
• Bright Horizons exceeded quarterly expectations, reporting $1.28 EPS versus the $1.20 consensus and revenue of $779.18 million, up 6.4% year over year. Shares opened at $74.94, while the company issued fiscal 2026 EPS guidance of $5.05–$5.15.

Bank of New York Mellon Corp bought a new stake in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 293,850 shares of the company's stock, valued at approximately $20,828,000. Bank of New York Mellon Corp owned about 0.56% of Bright Horizons Family Solutions as of its most recent filing with the SEC.

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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. cut their price objective on shares of Bright Horizons Family Solutions from $115.00 to $105.00 and set an "overweight" rating on the stock in a report on Wednesday, May 6th. UBS Group boosted their target price on shares of Bright Horizons Family Solutions from $87.00 to $88.00 and gave the company a "neutral" rating in a report on Friday, July 31st. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, July 29th. Finally, Morgan Stanley cut their price target on shares of Bright Horizons Family Solutions from $70.00 to $68.00 and set an "underweight" rating on the stock in a research note on Friday, July 31st. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $95.88.

Insider Buying and Selling at Bright Horizons Family Solutions

In other news, COO Mary Lou Burke sold 1,200 shares of the company's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $75.57, for a total value of $90,684.00. Following the completion of the sale, the chief operating officer owned 32,145 shares of the company's stock, valued at $2,429,197.65. This represents a 3.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.42% of the stock is owned by insiders.

Bright Horizons Family Solutions Price Performance

BFAM opened at $74.94 on Monday. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 1.14. Bright Horizons Family Solutions Inc. has a 52-week low of $57.63 and a 52-week high of $118.73. The company has a 50 day moving average of $73.73 and a two-hundred day moving average of $73.86. The company has a market cap of $3.64 billion, a P/E ratio of 23.72, a P/E/G ratio of 1.14 and a beta of 1.14.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.08. Bright Horizons Family Solutions had a net margin of 5.78% and a return on equity of 20.09%. The company had revenue of $779.18 million during the quarter, compared to analyst estimates of $774.84 million. During the same quarter in the prior year, the business earned $1.07 earnings per share. The business's quarterly revenue was up 6.4% compared to the same quarter last year. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. On average, analysts expect that Bright Horizons Family Solutions Inc. will post 4.7 earnings per share for the current 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.

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