California Public Employees Retirement System Has $5.88 Million Stake in Bright Horizons Family Solutions Inc. $BFAM

California Public Employees Retirement System lessened its holdings in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 29.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 71,534 shares of the company’s stock after selling 30,129 shares during the period. California Public Employees Retirement System’s holdings in Bright Horizons Family Solutions were worth $5,875,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in BFAM. Signaturefd LLC raised its position in shares of Bright Horizons Family Solutions by 34.4% in the fourth quarter. Signaturefd LLC now owns 426 shares of the company’s stock valued at $43,000 after buying an additional 109 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in Bright Horizons Family Solutions by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 18,128 shares of the company’s stock worth $1,968,000 after acquiring an additional 110 shares during the period. Xponance LLC raised its holdings in Bright Horizons Family Solutions by 3.9% in the 4th quarter. Xponance LLC now owns 3,686 shares of the company’s stock valued at $374,000 after acquiring an additional 137 shares in the last quarter. MML Investors Services LLC raised its holdings in Bright Horizons Family Solutions by 1.7% in the 2nd quarter. MML Investors Services LLC now owns 9,098 shares of the company’s stock valued at $1,124,000 after acquiring an additional 150 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position 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 valued at $43,000 after acquiring an additional 167 shares during the period.

Bright Horizons Family Solutions Stock Down 0.2%

Shares of BFAM opened at $75.65 on Monday. The firm has a 50 day simple moving average of $68.57 and a two-hundred day simple moving average of $77.35. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.46 and a quick ratio of 0.46. Bright Horizons Family Solutions Inc. has a one year low of $57.63 and a one year high of $130.76. The company has a market cap of $3.98 billion, a P/E ratio of 22.79, a P/E/G ratio of 1.30 and a beta of 1.15.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its 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. Bright Horizons Family Solutions had a return on equity of 18.01% and a net margin of 6.35%.The firm had revenue of $712.22 million for the quarter, compared to the consensus estimate of $713.35 million. During the same quarter last year, the business posted $0.77 EPS. The company’s revenue was up 7.0% compared to the same quarter last year. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. Research analysts forecast that Bright Horizons Family Solutions Inc. will post 4.64 EPS for the current fiscal year.

Analysts Set New Price Targets

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

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.