Royal Bank of Canada Has $17.46 Million Stake in Bright Horizons Family Solutions Inc. $BFAM

Royal Bank of Canada lowered its stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 22.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 212,645 shares of the company’s stock after selling 60,845 shares during the quarter. Royal Bank of Canada’s holdings in Bright Horizons Family Solutions were worth $17,465,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Empowered Funds LLC bought a new stake in shares of Bright Horizons Family Solutions during the 1st quarter valued at approximately $232,000. The Manufacturers Life Insurance Company lifted its stake in Bright Horizons Family Solutions by 15.0% in the 1st quarter. The Manufacturers Life Insurance Company now owns 14,654 shares of the company’s stock valued at $1,204,000 after purchasing an additional 1,907 shares during the last quarter. Weiss Asset Management LP bought a new position in Bright Horizons Family Solutions in the 1st quarter valued at approximately $960,000. Waverly Advisors LLC acquired a new stake in Bright Horizons Family Solutions in the first quarter valued at approximately $251,000. Finally, Wealth Alliance LLC acquired a new stake in Bright Horizons Family Solutions in the first quarter valued at approximately $267,000.

Insider Buying and Selling

In other Bright Horizons Family Solutions news, COO Mary Lou Burke sold 1,200 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $75.57, for a total transaction of $90,684.00. Following the sale, the chief operating officer owned 32,145 shares of the company’s stock, valued at approximately $2,429,197.65. This represents a 3.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.42% of the company’s stock.

Bright Horizons Family Solutions Stock Down 1.8%

Shares of NYSE BFAM opened at $74.17 on Friday. The company’s 50 day moving average price is $70.56 and its 200-day moving average price is $75.90. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.46 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 company has a market capitalization of $3.90 billion, a P/E ratio of 23.47, a price-to-earnings-growth ratio of 1.17 and a beta of 1.14.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.28 earnings per share 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 analysts’ expectations of $774.84 million. During the same period in the prior year, the company posted $1.07 earnings per share. Bright Horizons Family Solutions’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. Equities analysts forecast that Bright Horizons Family Solutions Inc. will post 4.64 earnings per share for the current year.

Analyst Upgrades and Downgrades

BFAM has been the subject of several research analyst reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a report on Wednesday, July 29th. JPMorgan Chase & Co. cut their price objective on Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. UBS Group boosted their price objective on Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Finally, Morgan Stanley lowered their target price on Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating for the company in a report on Friday, July 31st. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $95.88.

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.