Needham Investment Management LLC Buys 11,500 Shares of Bright Horizons Family Solutions Inc. $BFAM

Needham Investment Management LLC raised its stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 9.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 129,000 shares of the company’s stock after acquiring an additional 11,500 shares during the quarter. Needham Investment Management LLC owned approximately 0.23% of Bright Horizons Family Solutions worth $13,081,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in BFAM. Rothschild Investment LLC raised its holdings in Bright Horizons Family Solutions by 6,700.0% in the 3rd quarter. Rothschild Investment LLC now owns 340 shares of the company’s stock valued at $37,000 after buying an additional 335 shares during the last quarter. Signaturefd LLC raised its holdings in Bright Horizons Family Solutions by 34.4% in the 4th quarter. Signaturefd LLC now owns 426 shares of the company’s stock valued at $43,000 after buying an additional 109 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in Bright Horizons Family Solutions by 98.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock valued at $43,000 after buying an additional 167 shares during the last quarter. Danske Bank A S bought a new position in Bright Horizons Family Solutions in the 3rd quarter valued at approximately $43,000. Finally, True Wealth Design LLC raised its holdings in Bright Horizons Family Solutions by 214.4% in the 4th quarter. True Wealth Design LLC now owns 547 shares of the company’s stock valued at $55,000 after buying an additional 373 shares during the last quarter.

Bright Horizons Family Solutions Stock Down 1.9%

Bright Horizons Family Solutions stock opened at $63.63 on Tuesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.46 and a current ratio of 0.46. Bright Horizons Family Solutions Inc. has a 52-week low of $57.63 and a 52-week high of $130.76. The firm has a 50 day moving average price of $72.77 and a two-hundred day moving average price of $83.50. The firm has a market cap of $3.35 billion, a price-to-earnings ratio of 19.17, a PEG ratio of 1.11 and a beta of 1.19.

Bright Horizons Family Solutions (NYSE:BFAM) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.03. Bright Horizons Family Solutions had a net margin of 6.35% and a return on equity of 18.01%. The firm had revenue of $712.22 million during the quarter, compared to analyst estimates of $713.35 million. During the same quarter last year, the business earned $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. Equities analysts predict that Bright Horizons Family Solutions Inc. will post 4.64 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Weiss Ratings lowered shares of Bright Horizons Family Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 1st. Barclays dropped their price objective on shares of 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. UBS Group dropped their price objective on shares of Bright Horizons Family Solutions from $93.00 to $88.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. BMO Capital Markets dropped 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 report on Tuesday, February 17th. Finally, JPMorgan Chase & Co. dropped 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 report on Wednesday, May 6th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $100.44.

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.