Canada Pension Plan Investment Board Buys Shares of 80,200 Bright Horizons Family Solutions Inc. $BFAM

Canada Pension Plan Investment Board bought a new position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 80,200 shares of the company's stock, valued at approximately $5,685,000. Canada Pension Plan Investment Board owned about 0.16% of Bright Horizons Family Solutions as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of BFAM. NewEdge Advisors LLC grew its position in Bright Horizons Family Solutions by 24.1% during the 1st quarter. NewEdge Advisors LLC now owns 6,750 shares of the company's stock worth $858,000 after acquiring an additional 1,312 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Bright Horizons Family Solutions by 149.1% in the first quarter. Goldman Sachs Group Inc. now owns 614,293 shares of the company's stock valued at $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 raised its position in 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 last quarter. Jane Street Group LLC boosted its stake in shares of Bright Horizons Family Solutions by 646.2% during 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 in the last quarter. Finally, Focus Partners Wealth boosted its stake in shares of Bright Horizons Family Solutions by 70.5% during 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 in the last quarter.

Wall Street Analysts Forecast Growth

BFAM has been the topic of several research reports. Morgan Stanley reduced their price target on Bright Horizons Family Solutions from $70.00 to $68.00 and set an "underweight" rating on the stock in a report on Friday, July 31st. JPMorgan Chase & Co. dropped their price objective on shares of Bright Horizons Family Solutions from $115.00 to $105.00 and set an "overweight" rating for the company in a report on Wednesday, May 6th. Weiss Ratings reiterated a "sell (d+)" rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, July 29th. Finally, UBS Group boosted their target price on shares of Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a "neutral" rating in a report on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $95.88.

Insider Activity at Bright Horizons Family Solutions

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

Bright Horizons Family Solutions Stock Up 0.2%

Shares of NYSE:BFAM opened at $74.94 on Monday. The firm 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. 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 12-month low of $57.63 and a 12-month high of $118.73. The business has a fifty day simple moving average of $73.73 and a 200 day simple moving average of $73.86.

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

About Bright Horizons Family Solutions

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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