First Trust Advisors LP Purchases 25,376 Shares of Bright Horizons Family Solutions Inc. $BFAM

Key Points

• First Trust Advisors LP increased its Bright Horizons Family Solutions stake by 419.9% in the first quarter, purchasing 25,376 shares to own 31,420 shares valued at approximately $2.6 million.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $95.88; recent targets range from $68 to $105.
• Bright Horizons exceeded quarterly expectations, reporting $1.28 in EPS and $779.18 million in revenue, while revenue rose 6.4% year over year. BFAM opened at $73.42 and has traded between $57.63 and $124.25 over the past year.

First Trust Advisors LP lifted its position in Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) by 419.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,420 shares of the company's stock after buying an additional 25,376 shares during the quarter. First Trust Advisors LP owned about 0.06% of Bright Horizons Family Solutions worth $2,581,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Fuller & Thaler Asset Management Inc. acquired a new position in Bright Horizons Family Solutions in the 4th quarter valued at $191,952,000. Norges Bank acquired a new position in Bright Horizons Family Solutions during the 4th quarter worth $74,317,000. Janus Henderson Group PLC boosted its holdings in 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 valued at $66,535,000 after acquiring an additional 631,287 shares during the period. AQR Capital Management LLC boosted its holdings in Bright Horizons Family Solutions by 64.4% during the fourth quarter. AQR Capital Management LLC now owns 1,579,757 shares of the company's stock valued at $160,124,000 after acquiring an additional 619,067 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in shares of Bright Horizons Family Solutions by 23.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,026,442 shares of the company's stock valued at $306,881,000 after purchasing an additional 582,976 shares during the last quarter.

Analysts Set New Price Targets

BFAM has been the topic of a number of recent analyst reports. 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. UBS Group raised their target price on Bright Horizons Family Solutions from $87.00 to $88.00 and gave the company a "neutral" rating in a report on Friday, July 31st. Morgan Stanley lowered their target price 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. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, July 29th. Four equities 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 company's stock. According to data from MarketBeat, Bright Horizons Family Solutions has a consensus rating of "Hold" and an average target price of $95.88.

Insider Buying and Selling

In other Bright Horizons Family Solutions news, COO Mary Lou Burke sold 1,200 shares of Bright Horizons Family Solutions stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $75.57, for a total transaction of $90,684.00. Following the sale, the chief operating officer owned 32,145 shares in the company, valued at $2,429,197.65. The trade was a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.42% of the stock is currently owned by company insiders.

Bright Horizons Family Solutions Price Performance

Shares of BFAM stock opened at $73.42 on Friday. The stock has a 50 day moving average of $70.78 and a two-hundred day moving average of $75.88. The company has a current ratio of 0.48, a quick ratio of 0.46 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 $124.25. The company has a market capitalization of $3.86 billion, a P/E ratio of 23.23, a P/E/G ratio of 1.15 and a beta of 1.14.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.08. The company had revenue of $779.18 million for the quarter, compared to analyst estimates of $774.84 million. Bright Horizons Family Solutions had a return on equity of 20.09% and a net margin of 5.78%.Bright Horizons Family Solutions's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.07 EPS. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. As a group, equities analysts expect that Bright Horizons Family Solutions Inc. will post 4.64 EPS 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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