NewEdge Wealth LLC Grows Stake in Bright Horizons Family Solutions Inc. $BFAM

NewEdge Wealth LLC grew its stake in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 33.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,454 shares of the company’s stock after purchasing an additional 9,375 shares during the quarter. NewEdge Wealth LLC’s holdings in Bright Horizons Family Solutions were worth $3,076,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. AG Campbell Advisory LLC acquired a new stake in shares of Bright Horizons Family Solutions in the fourth quarter valued at about $41,000. Signaturefd LLC raised its holdings in shares of Bright Horizons Family Solutions by 34.4% during the 4th quarter. Signaturefd LLC now owns 426 shares of the company’s stock valued at $43,000 after buying an additional 109 shares during the period. Geneos Wealth Management Inc. lifted its position in Bright Horizons Family Solutions by 98.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock worth $43,000 after acquiring an additional 167 shares in the last quarter. Danske Bank A S acquired a new position in Bright Horizons Family Solutions during the 3rd quarter worth approximately $43,000. Finally, Fifth Third Bancorp boosted its holdings in Bright Horizons Family Solutions by 72.8% in the 4th quarter. Fifth Third Bancorp now owns 648 shares of the company’s stock worth $66,000 after acquiring an additional 273 shares during the period.

Analyst Upgrades and Downgrades

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

Bright Horizons Family Solutions Stock Up 1.8%

Shares of NYSE BFAM opened at $75.65 on Friday. Bright Horizons Family Solutions Inc. has a 1 year low of $57.63 and a 1 year high of $130.76. The firm has a market cap of $3.98 billion, a price-to-earnings ratio of 22.79, a PEG ratio of 1.28 and a beta of 1.15. 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 stock’s 50-day simple moving average is $68.57 and its 200-day simple moving average is $77.53.

Bright Horizons Family Solutions (NYSE:BFAM) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.79 by $0.03. The business had revenue of $712.22 million for the quarter, compared to analysts’ expectations of $713.35 million. Bright Horizons Family Solutions had a return on equity of 18.01% and a net margin of 6.35%.The company’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.77 earnings per share. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. As a group, equities analysts anticipate that Bright Horizons Family Solutions Inc. will post 4.64 earnings per share 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.