Bright Horizons Family Solutions Inc. $BFAM Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its position in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 87.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,408 shares of the company’s stock after selling 17,145 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Bright Horizons Family Solutions were worth $261,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. NewEdge Advisors LLC raised its stake in Bright Horizons Family Solutions by 24.1% in the 1st quarter. NewEdge Advisors LLC now owns 6,750 shares of the company’s stock valued at $858,000 after purchasing an additional 1,312 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Bright Horizons Family Solutions by 149.1% during the first quarter. Goldman Sachs Group Inc. now owns 614,293 shares of the company’s stock worth $78,040,000 after buying an additional 367,711 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Bright Horizons Family Solutions by 12.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 195,119 shares of the company’s stock valued at $24,788,000 after buying an additional 20,859 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of Bright Horizons Family Solutions by 646.2% in the first quarter. Jane Street Group LLC now owns 59,643 shares of the company’s stock worth $7,577,000 after buying an additional 51,650 shares in the last quarter. Finally, Focus Partners Wealth boosted its position in Bright Horizons Family Solutions by 70.5% during the first quarter. Focus Partners Wealth now owns 4,516 shares of the company’s stock worth $574,000 after acquiring an additional 1,868 shares during the last quarter.

Bright Horizons Family Solutions Stock Performance

Shares of Bright Horizons Family Solutions stock opened at $70.91 on Thursday. The firm has a market cap of $4.01 billion, a PE ratio of 21.10, a price-to-earnings-growth ratio of 1.29 and a beta of 1.40. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.52. Bright Horizons Family Solutions Inc. has a 52 week low of $63.68 and a 52 week high of $132.99. The business’s fifty day simple moving average is $94.23 and its 200-day simple moving average is $102.84.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings data on Thursday, February 12th. The company reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.02. Bright Horizons Family Solutions had a return on equity of 17.27% and a net margin of 6.58%.The firm had revenue of $733.70 million during the quarter, compared to the consensus estimate of $727.44 million. During the same period last year, the company earned $0.98 EPS. The company’s quarterly revenue was up 9.2% 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 3.61 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have commented on BFAM shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Bright Horizons Family Solutions in a report on Monday, December 29th. Barclays cut their price target on Bright Horizons Family Solutions from $160.00 to $95.00 and set an “overweight” rating for the company in a report on Tuesday. Deutsche Bank Aktiengesellschaft set a $99.00 price objective on Bright Horizons Family Solutions and gave the stock a “hold” rating in a research note on Friday, February 13th. Wall Street Zen downgraded Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research note on Sunday, November 30th. Finally, UBS Group set a $93.00 price target on shares of Bright Horizons Family Solutions in a research report on Friday, February 13th. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $107.11.

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.