121,268 Shares in Bright Horizons Family Solutions Inc. $BFAM Purchased by Palisade Capital Management LP

Palisade Capital Management LP acquired a new stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM) in the second quarter, HoldingsChannel.com reports. The fund acquired 121,268 shares of the company’s stock, valued at approximately $8,595,000.

A number of other institutional investors also recently added to or reduced their stakes in BFAM. Canada Pension Plan Investment Board acquired a new position in Bright Horizons Family Solutions during the 2nd quarter worth approximately $5,685,000. Legal & General Group Plc acquired a new stake in shares of Bright Horizons Family Solutions in the 2nd quarter valued at approximately $8,620,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Bright Horizons Family Solutions in the 2nd quarter valued at approximately $1,211,000. Algert Global LLC boosted its stake in shares of Bright Horizons Family Solutions by 19.8% in the second quarter. Algert Global LLC now owns 265,599 shares of the company’s stock valued at $18,826,000 after buying an additional 43,846 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Bright Horizons Family Solutions in the second quarter valued at approximately $1,236,000.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

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 stock was sold at an average price of $75.57, for a total value 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.42% of the company’s stock.

Bright Horizons Family Solutions Price Performance

Shares of NYSE:BFAM opened at $73.88 on Wednesday. The business’s 50 day simple moving average is $73.12 and its 200-day simple moving average is $74.10. The firm has a market capitalization of $3.59 billion, a price-to-earnings ratio of 23.38, a price-to-earnings-growth ratio of 1.13 and a beta of 1.14. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.48 and a quick ratio of 0.48. Bright Horizons Family Solutions Inc. has a 12 month low of $57.63 and a 12 month high of $121.13.

Bright Horizons Family Solutions (NYSE:BFAM) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.08. The firm had revenue of $779.18 million during the quarter, compared to the consensus estimate of $774.84 million. Bright Horizons Family Solutions had a return on equity of 20.09% and a net margin of 5.78%.Bright Horizons Family Solutions’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the business posted $1.07 EPS. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. As a group, equities analysts forecast that Bright Horizons Family Solutions Inc. will post 4.7 earnings per share for the current fiscal year.

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.