Legal & General Group Plc Makes New Investment in Bright Horizons Family Solutions Inc. $BFAM

Legal & General Group Plc purchased a new stake in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) during the 2nd quarter, HoldingsChannel reports. The firm purchased 121,621 shares of the company’s stock, valued at approximately $8,620,000.

A number of other hedge funds have also modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Bright Horizons Family Solutions in the second quarter worth about $452,317,000. Goldman Sachs Group Inc. boosted its position in 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 buying an additional 582,976 shares during the last quarter. Fuller & Thaler Asset Management Inc. acquired a new position in Bright Horizons Family Solutions in the 4th quarter worth approximately $191,952,000. Capital World Investors increased its holdings in Bright Horizons Family Solutions by 16.9% in the 4th quarter. Capital World Investors now owns 1,779,738 shares of the company’s stock worth $180,465,000 after buying an additional 257,813 shares during the period. Finally, AQR Capital Management LLC raised its position in Bright Horizons Family Solutions by 64.4% during the 4th quarter. AQR Capital Management LLC now owns 1,579,757 shares of the company’s stock worth $160,124,000 after buying an additional 619,067 shares during the last quarter.

Insider Activity at Bright Horizons Family Solutions

In related news, COO Mary Lou Burke sold 1,200 shares of the stock in a transaction 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 completion of the transaction, the chief operating officer directly owned 32,145 shares of the company’s stock, valued at approximately $2,429,197.65. This represents a 3.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.42% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on BFAM. JPMorgan Chase & Co. decreased 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 research note 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 research report on Friday, July 31st. Morgan Stanley lowered 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 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 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 stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $95.88.

Bright Horizons Family Solutions Stock Performance

Shares of BFAM stock opened at $73.13 on Wednesday. The company has a current ratio of 0.48, a quick 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 $117.30. The business’s 50 day moving average is $74.08 and its two-hundred day moving average is $73.73. The company has a market capitalization of $3.56 billion, a P/E ratio of 23.14, a P/E/G ratio of 1.13 and a beta of 1.15.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its earnings results on Thursday, July 30th. The company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.08. The business had revenue of $779.18 million during the quarter, compared to analysts’ expectations 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 revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.07 earnings per share. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. Analysts expect that Bright Horizons Family Solutions Inc. will post 4.7 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.