Weiss Asset Management LP Takes $960,000 Position in Bright Horizons Family Solutions Inc. $BFAM

Weiss Asset Management LP acquired a new stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 11,690 shares of the company’s stock, valued at approximately $960,000.

Several other hedge funds have also added to or reduced their stakes in BFAM. Goldman Sachs Group Inc. grew its holdings in Bright Horizons Family Solutions by 23.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,026,442 shares of the company’s stock worth $306,881,000 after acquiring an additional 582,976 shares during the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in shares of Bright Horizons Family Solutions during the fourth quarter valued at $191,952,000. Capital World Investors lifted its holdings in shares of Bright Horizons Family Solutions by 16.9% during the fourth quarter. Capital World Investors now owns 1,779,738 shares of the company’s stock worth $180,465,000 after purchasing an additional 257,813 shares during the period. AQR Capital Management LLC grew its stake in shares of Bright Horizons Family Solutions by 64.4% in the fourth quarter. AQR Capital Management LLC now owns 1,579,757 shares of the company’s stock worth $160,124,000 after purchasing an additional 619,067 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Bright Horizons Family Solutions by 31.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,334,650 shares of the company’s stock worth $109,611,000 after purchasing an additional 316,919 shares during the last quarter.

Bright Horizons Family Solutions Stock Up 2.9%

Shares of NYSE BFAM opened at $77.96 on Tuesday. The company has a market capitalization of $4.10 billion, a P/E ratio of 23.48, a price-to-earnings-growth ratio of 1.30 and a beta of 1.15. Bright Horizons Family Solutions Inc. has a 52-week low of $57.63 and a 52-week high of $130.76. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.46 and a current ratio of 0.46. The company’s 50 day moving average price is $68.77 and its 200-day moving average price is $77.18.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.03. Bright Horizons Family Solutions had a net margin of 6.35% and a return on equity of 18.01%. The company had revenue of $712.22 million for the quarter, compared to analyst estimates of $713.35 million. During the same period in the prior year, the firm posted $0.77 EPS. The company’s quarterly revenue was up 7.0% on a year-over-year basis. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. Equities analysts forecast that Bright Horizons Family Solutions Inc. will post 4.64 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently weighed in on BFAM shares. Weiss Ratings downgraded Bright Horizons Family Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 1st. UBS Group cut their target price on Bright Horizons Family Solutions from $88.00 to $87.00 and set a “neutral” rating on the stock in a report on Friday, July 17th. Finally, JPMorgan Chase & Co. reduced their price target on Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $96.00.

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.