Employees Retirement System of Texas Raises Holdings in Bright Horizons Family Solutions Inc. $BFAM

Employees Retirement System of Texas increased its stake in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 1,932.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,721 shares of the company’s stock after acquiring an additional 8,292 shares during the period. Employees Retirement System of Texas’ holdings in Bright Horizons Family Solutions were worth $884,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of BFAM. NewEdge Advisors LLC increased its holdings in shares of Bright Horizons Family Solutions by 24.1% during 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 in the last quarter. Goldman Sachs Group Inc. grew its position in 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 valued at $78,040,000 after buying an additional 367,711 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Bright Horizons Family Solutions by 12.0% during 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 period. Jane Street Group LLC increased its holdings in 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 valued at $7,577,000 after buying an additional 51,650 shares in the last quarter. Finally, Focus Partners Wealth increased its holdings in Bright Horizons Family Solutions by 70.5% in the first quarter. Focus Partners Wealth now owns 4,516 shares of the company’s stock valued at $574,000 after buying an additional 1,868 shares in the last quarter.

Bright Horizons Family Solutions Stock Down 4.1%

BFAM opened at $62.42 on Thursday. Bright Horizons Family Solutions Inc. has a twelve month low of $62.41 and a twelve month high of $132.43. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.78. The company has a 50-day moving average price of $77.14 and a 200 day moving average price of $86.88. The company has a market cap of $3.28 billion, a PE ratio of 18.80, a price-to-earnings-growth ratio of 1.12 and a beta of 1.28.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.03. The firm had revenue of $712.22 million for the quarter, compared to analyst estimates of $713.35 million. Bright Horizons Family Solutions had a net margin of 6.35% and a return on equity of 18.01%. Bright Horizons Family Solutions’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period last year, the company posted $0.77 EPS. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. Sell-side analysts expect that Bright Horizons Family Solutions Inc. will post 4.64 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BFAM. BMO Capital Markets decreased their price objective on shares of Bright Horizons Family Solutions from $124.00 to $100.00 and set an “outperform” rating for the company in a research report on Tuesday, February 17th. Robert W. Baird set a $100.00 price target on Bright Horizons Family Solutions in a research note on Friday, February 13th. Barclays reduced 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, February 17th. The Goldman Sachs Group dropped their price objective on Bright Horizons Family Solutions from $130.00 to $112.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Finally, Morgan Stanley set a $70.00 target price on Bright Horizons Family Solutions in a research note on Friday, February 13th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $100.44.

Bright Horizons Family Solutions 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.