WINTON GROUP Ltd purchased a new position in Bright Horizons Family Solutions Inc. (NYSE:BFAM – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 23,700 shares of the company’s stock, valued at approximately $1,680,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Bright Horizons Family Solutions during the second quarter valued at approximately $11,779,000. Aurora Investment Counsel bought a new position in Bright Horizons Family Solutions during the second quarter valued at approximately $1,964,000. Fifth Third Bancorp boosted its holdings in Bright Horizons Family Solutions by 27,305.7% in the first quarter. Fifth Third Bancorp now owns 177,589 shares of the company’s stock worth $14,585,000 after purchasing an additional 176,941 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in Bright Horizons Family Solutions by 117.1% in the fourth quarter. Hsbc Holdings PLC now owns 64,098 shares of the company’s stock worth $6,489,000 after purchasing an additional 34,574 shares during the last quarter. Finally, Ieq Capital LLC bought a new stake in Bright Horizons Family Solutions in the 2nd quarter worth approximately $7,148,000.
Insider Buying and Selling
In other news, Director Mary Tocio sold 6,000 shares of the stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $72.65, for a total value of $435,900.00. Following the completion of the sale, the director directly owned 14,329 shares of the company’s stock, valued at $1,041,001.85. This represents a 29.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Mary Burke sold 1,200 shares of the firm’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $75.00, for a total transaction of $90,000.00. Following the sale, the chief operating officer owned 30,945 shares in the company, valued at $2,320,875. The trade was a 3.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 8,900 shares of company stock valued at $656,584. Company insiders own 1.42% of the company’s stock.
Wall Street Analyst Weigh In
Get Our Latest Stock Report on BFAM
Bright Horizons Family Solutions Stock Up 1.3%
NYSE BFAM opened at $65.13 on Friday. Bright Horizons Family Solutions Inc. has a 52 week low of $57.63 and a 52 week high of $114.32. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 1.14. The company has a market capitalization of $3.17 billion, a P/E ratio of 20.61, a price-to-earnings-growth ratio of 0.99 and a beta of 1.15. The stock’s 50-day moving average price is $73.58 and its 200-day moving average price is $73.54.
Bright Horizons Family Solutions (NYSE:BFAM – Get Free Report) last released its earnings results 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 company had revenue of $779.18 million during the quarter, compared to analyst estimates of $774.84 million. During the same period in the prior year, the firm posted $1.07 EPS. The firm’s quarterly revenue 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, equities research analysts predict that Bright Horizons Family Solutions Inc. will post 4.7 earnings per share for the current year.
About Bright Horizons Family Solutions
Bright Horizons Family Solutions Inc provides employer-sponsored child care and workforce-support services. The company operates early education and preschool centers, offering full-day care and educational programs for infants, toddlers, preschoolers and school-age children. It also provides back-up care services, including center-based and in-home care, to help employees manage disruptions in their regular care arrangements.
In addition to child care, Bright Horizons offers educational advisory services, college and university admissions counseling, and other family-support programs.
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