Hsbc Holdings PLC Acquires 34,574 Shares of Bright Horizons Family Solutions Inc. $BFAM

Hsbc Holdings PLC increased its holdings in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 117.1% in the 4th quarter, HoldingsChannel reports. The firm owned 64,098 shares of the company’s stock after acquiring an additional 34,574 shares during the period. Hsbc Holdings PLC’s holdings in Bright Horizons Family Solutions were worth $6,489,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in BFAM. AG Campbell Advisory LLC acquired a new position in Bright Horizons Family Solutions in the fourth quarter valued at approximately $41,000. Kera Capital Partners Inc. acquired a new stake in shares of Bright Horizons Family Solutions during the 4th quarter worth approximately $298,000. Invesco Ltd. increased its stake in shares of Bright Horizons Family Solutions by 300.4% in the 4th quarter. Invesco Ltd. now owns 360,995 shares of the company’s stock valued at $36,605,000 after acquiring an additional 270,840 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of Bright Horizons Family Solutions by 1,582.1% during the 4th quarter. Corient Private Wealth LLC now owns 112,681 shares of the company’s stock valued at $11,426,000 after acquiring an additional 105,982 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its position in shares of Bright Horizons Family Solutions by 143.4% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 26,067 shares of the company’s stock valued at $2,643,000 after acquiring an additional 15,357 shares during the period.

Bright Horizons Family Solutions Trading Up 4.8%

NYSE BFAM opened at $70.14 on Friday. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.78. Bright Horizons Family Solutions Inc. has a 52 week low of $57.63 and a 52 week high of $130.76. The business has a 50 day moving average price of $69.68 and a 200-day moving average price of $81.27. The company has a market cap of $3.69 billion, a price-to-earnings ratio of 21.13, a P/E/G ratio of 1.15 and a beta of 1.18.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its earnings results on Tuesday, May 5th. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.03. Bright Horizons Family Solutions had a return on equity of 18.01% and a net margin of 6.35%.The company had revenue of $712.22 million for the quarter, compared to analysts’ expectations of $713.35 million. During the same period last year, the business earned $0.77 EPS. Bright Horizons Family Solutions’s quarterly 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. As a group, equities analysts expect that Bright Horizons Family Solutions Inc. will post 4.64 earnings per share for the current fiscal year.

Analyst Ratings Changes

BFAM has been the subject of a number of research reports. JPMorgan Chase & Co. reduced 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. 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. Finally, UBS Group cut their price objective on shares of Bright Horizons Family Solutions from $93.00 to $88.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $96.12.

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.