Inspire Investing LLC Purchases 11,131 Shares of BrightSpring Health Services, Inc. $BTSG

Inspire Investing LLC acquired a new position in BrightSpring Health Services, Inc. (NASDAQ:BTSG – Free Report) in the 3rd quarter, HoldingsChannel reports. The fund acquired 11,131 shares of the company’s stock, valued at approximately $632,000.

Several other institutional investors have also added to or reduced their stakes in BTSG. The Manufacturers Life Insurance Company purchased a new position in shares of BrightSpring Health Services in the second quarter worth about $239,377,000. Bank of America Corp DE bought a new stake in shares of BrightSpring Health Services during the 2nd quarter valued at $127,475,000. Bank of New York Mellon Corp purchased a new stake in BrightSpring Health Services during the 2nd quarter worth about $118,162,000. Arrowstreet Capital Limited Partnership lifted its holdings in BrightSpring Health Services by 109.7% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,370,440 shares of the company’s stock worth $58,394,000 after purchasing an additional 716,949 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in BrightSpring Health Services by 236.1% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 860,134 shares of the company’s stock worth $36,151,000 after purchasing an additional 604,232 shares during the period.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on BTSG shares. BTIG Research reaffirmed a “buy” rating and set a $90.00 price objective on shares of BrightSpring Health Services in a research note on Thursday, August 13th. Guggenheim assumed coverage on shares of BrightSpring Health Services in a research report on Monday, July 13th. They set a “buy” rating and a $81.00 price target for the company. UBS Group lifted their price objective on BrightSpring Health Services from $63.00 to $85.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Weiss Ratings downgraded BrightSpring Health Services from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, October 15th. Finally, Raymond James Financial initiated coverage on shares of BrightSpring Health Services in a research report on Thursday, July 9th. They issued an “outperform” rating and a $80.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $72.88.

Read Our Latest Stock Analysis on BrightSpring Health Services

BrightSpring Health Services Stock Performance

BrightSpring Health Services stock opened at $66.89 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.59 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $13.24 billion, a PE ratio of 40.30, a P/E/G ratio of 0.78 and a beta of 1.87. The firm has a fifty day simple moving average of $59.94 and a two-hundred day simple moving average of $54.54. BrightSpring Health Services, Inc. has a twelve month low of $30.64 and a twelve month high of $73.75.

BrightSpring Health Services (NASDAQ:BTSG – Get Free Report) last announced its quarterly earnings data on Friday, October 30th. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.07. The firm had revenue of $4.21 billion for the quarter, compared to analysts’ expectations of $3.88 billion. BrightSpring Health Services had a return on equity of 16.73% and a net margin of 2.55%. BrightSpring Health Services’s revenue for the quarter was up 26.4% compared to the same quarter last year. Research analysts expect that BrightSpring Health Services, Inc. will post 1.64 EPS for the current year.

BrightSpring Health Services News Summary

Here are the key news stories impacting BrightSpring Health Services this week:

  • Positive Sentiment: Third-quarter earnings exceeded expectations. BrightSpring reported adjusted earnings of $0.54 per share, up from $0.30 a year earlier and above analyst estimates ranging from $0.47 to $0.49. This marked another quarterly earnings beat for the company. BrightSpring Q3 earnings and revenue results
  • Positive Sentiment: Revenue growth was substantially stronger than forecast. Quarterly revenue rose 26.4% year over year to $4.21 billion, surpassing the $3.88 billion consensus estimate. The revenue performance indicates continued expansion across BrightSpring’s healthcare services platform. BrightSpring Q3 revenue report
  • Positive Sentiment: Management increased full-year 2026 guidance. BrightSpring raised its revenue and adjusted EBITDA outlook, reinforcing investor confidence that operating momentum and profitability will remain strong. BrightSpring reports Q3 results and raises guidance
  • Positive Sentiment: Profitability improved. BrightSpring posted a 16.73% return on equity and a 2.55% net margin, while the earnings beat and stronger revenue helped support the positive market reaction. BrightSpring bottom-line results

About BrightSpring Health Services

(Free Report)

BrightSpring Health Services (NASDAQ:BTSG) is a Louisville, Kentucky-based provider of home- and community-based health services and pharmacy services. The company focuses on supporting individuals with complex or chronic care needs, including older adults and people with disabilities, through care delivered in homes, communities and other non-hospital settings.

Its services include home health, hospice, personal care, behavioral health, primary care, rehabilitation and community living programs.

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Institutional Ownership by Quarter for BrightSpring Health Services (NASDAQ:BTSG)

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