Giverny Capital Inc. Grows Stake in Bright Horizons Family Solutions Inc. $BFAM

Giverny Capital Inc. increased its position in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 45.6% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,080,793 shares of the company’s stock after acquiring an additional 338,464 shares during the quarter. Bright Horizons Family Solutions accounts for about 2.6% of Giverny Capital Inc.’s investment portfolio, making the stock its 17th biggest holding. Giverny Capital Inc.’s holdings in Bright Horizons Family Solutions were worth $76,607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Bright Horizons Family Solutions in the 2nd quarter worth approximately $452,317,000. California State Teachers Retirement System grew its position in Bright Horizons Family Solutions by 6,781.7% during the second quarter. California State Teachers Retirement System now owns 4,599,049 shares of the company’s stock valued at $325,981,000 after buying an additional 4,532,219 shares during the period. Fuller & Thaler Asset Management Inc. purchased a new stake in Bright Horizons Family Solutions during the fourth quarter valued at approximately $191,952,000. Bamco Inc. NY purchased a new stake in Bright Horizons Family Solutions during the second quarter valued at approximately $74,789,000. Finally, William Blair Investment Management LLC bought a new position in Bright Horizons Family Solutions in the second quarter worth approximately $58,093,000.

Insider Buying and Selling

In other Bright Horizons Family Solutions news, Director Mary Tocio sold 6,000 shares of Bright Horizons Family Solutions stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $72.65, for a total value of $435,900.00. Following the sale, the director directly owned 14,329 shares in the company, valued at approximately $1,041,001.85. The trade was a 29.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Mary Burke sold 1,200 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $75.00, for a total transaction of $90,000.00. Following the completion of the sale, the chief operating officer owned 30,945 shares in the company, valued at approximately $2,320,875. The trade was a 3.73% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 8,900 shares of company stock valued at $656,584. Insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

BFAM has been the subject of a number of recent research reports. Weiss Ratings reissued 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 Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating on the stock in a report on Friday, July 31st. Finally, UBS Group boosted their price target on Bright Horizons Family Solutions from $87.00 to $88.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $95.88.

Bright Horizons Family Solutions Price Performance

NYSE:BFAM opened at $70.03 on Monday. The business’s 50-day simple moving average is $74.25 and its two-hundred day simple moving average is $73.71. Bright Horizons Family Solutions Inc. has a 52 week low of $57.63 and a 52 week high of $117.25. The stock has a market cap of $3.41 billion, a PE ratio of 22.16, a P/E/G ratio of 1.07 and a beta of 1.15. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 1.14.

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