NewEdge Wealth LLC Takes Position in Bright Horizons Family Solutions Inc. $BFAM

NewEdge Wealth LLC bought a new stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 31,626 shares of the company’s stock, valued at approximately $2,242,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Bright Horizons Family Solutions during the second quarter worth $29,000. AG Campbell Advisory LLC bought a new position in shares of Bright Horizons Family Solutions in the 4th quarter valued at about $41,000. Geneos Wealth Management Inc. increased its stake in shares of 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 purchasing an additional 167 shares during the last quarter. Danske Bank A S bought a new stake in shares of Bright Horizons Family Solutions in the 3rd quarter valued at about $43,000. Finally, State of Wyoming bought a new stake in shares of Bright Horizons Family Solutions in the 1st quarter valued at about $60,000.

Bright Horizons Family Solutions Stock Up 0.7%

Shares of BFAM opened at $73.62 on Friday. The firm has a market cap of $3.58 billion, a P/E ratio of 23.30, a price-to-earnings-growth ratio of 1.12 and a beta of 1.14. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.48 and a current ratio of 0.48. Bright Horizons Family Solutions Inc. has a 52 week low of $57.63 and a 52 week high of $124.25. The firm’s 50-day simple moving average is $72.57 and its 200 day simple moving average is $74.45.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.08. Bright Horizons Family Solutions had a net margin of 5.78% and a return on equity of 20.09%. The firm had revenue of $779.18 million during the quarter, compared to the consensus estimate of $774.84 million. During the same period last year, the business posted $1.07 earnings per share. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. On average, analysts forecast that Bright Horizons Family Solutions Inc. will post 4.7 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on BFAM. JPMorgan Chase & Co. reduced their price target on Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Weiss Ratings restated a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, July 29th. Morgan Stanley cut their price objective on Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating for the company in a research report on Friday, July 31st. Finally, UBS Group lifted their target price on Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $95.88.

Insider Buying and Selling at Bright Horizons Family Solutions

In related news, COO Mary Lou Burke sold 1,200 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $75.57, for a total transaction of $90,684.00. Following the completion of the sale, the chief operating officer directly owned 32,145 shares of the company’s stock, valued at approximately $2,429,197.65. This trade represents a 3.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.42% of the company’s stock.

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.