Public Employees Retirement System of Ohio Takes Position in Bright Horizons Family Solutions Inc. $BFAM

Public Employees Retirement System of Ohio acquired a new position in Bright Horizons Family Solutions Inc. (NYSE:BFAM) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 15,510 shares of the company’s stock, valued at approximately $1,099,000.

Other large investors have also recently added to or reduced their stakes in the company. Xponance LLC boosted its position in Bright Horizons Family Solutions by 3.9% during the 4th quarter. Xponance LLC now owns 3,686 shares of the company’s stock worth $374,000 after acquiring an additional 137 shares during the period. MML Investors Services LLC boosted its holdings in shares of Bright Horizons Family Solutions by 1.7% in the second 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. Geneos Wealth Management Inc. boosted its holdings in shares of Bright Horizons Family Solutions by 98.8% in the first quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock valued at $43,000 after acquiring an additional 167 shares in the last quarter. Treasurer of the State of North Carolina increased its stake in shares of Bright Horizons Family Solutions by 0.7% during the second quarter. Treasurer of the State of North Carolina now owns 26,551 shares of the company’s stock valued at $3,281,000 after acquiring an additional 185 shares during the period. Finally, CANADA LIFE ASSURANCE Co increased its stake in shares of Bright Horizons Family Solutions by 1.1% during the third quarter. CANADA LIFE ASSURANCE Co now owns 17,606 shares of the company’s stock valued at $1,911,000 after acquiring an additional 193 shares during the period.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BFAM. UBS Group upped their target price 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. Weiss Ratings reissued a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, July 29th. Finally, Morgan Stanley cut their price objective 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 given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Bright Horizons Family Solutions currently has a consensus rating of “Hold” and a consensus price target of $95.88.

Bright Horizons Family Solutions Stock Down 5.1%

BFAM stock opened at $66.69 on Wednesday. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.48 and a quick ratio of 0.48. The firm has a market capitalization of $3.24 billion, a P/E ratio of 21.10, a P/E/G ratio of 1.07 and a beta of 1.15. Bright Horizons Family Solutions Inc. has a 52-week low of $57.63 and a 52-week high of $116.98. The company’s 50 day simple moving average is $74.14 and its 200-day simple moving average is $73.69.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $779.18 million during the quarter, compared to analyst estimates of $774.84 million. During the same quarter last year, the business posted $1.07 EPS. The company’s revenue was up 6.4% on a year-over-year basis. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. As a group, equities research analysts anticipate that Bright Horizons Family Solutions Inc. will post 4.7 EPS for the current year.

Insiders Place Their Bets

In related news, Director Mary Tocio sold 6,000 shares of the company’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $72.65, for a total transaction of $435,900.00. Following the transaction, the director directly owned 14,329 shares of the company’s stock, valued at approximately $1,041,001.85. The trade was a 29.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Mary Burke sold 1,200 shares of the firm’s stock in a transaction that occurred 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 sale, the chief operating officer owned 30,945 shares of the company’s stock, valued at approximately $2,320,875. This represents a 3.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 8,900 shares of company stock worth $656,584 in the last quarter. 1.42% of the stock is currently owned by corporate insiders.

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.