The Manufacturers Life Insurance Company Acquires New Shares in Bright Horizons Family Solutions Inc. $BFAM

The Manufacturers Life Insurance Company bought a new stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 17,085 shares of the company’s stock, valued at approximately $1,211,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. bought a new position in Bright Horizons Family Solutions in the 2nd quarter valued at approximately $452,317,000. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Bright Horizons Family Solutions during the 4th quarter valued at $191,952,000. William Blair Investment Management LLC acquired a new stake in shares of Bright Horizons Family Solutions during the 2nd quarter valued at $58,093,000. Norges Bank bought a new stake in Bright Horizons Family Solutions during the 4th quarter worth $74,317,000. Finally, Janus Henderson Group PLC increased its holdings in Bright Horizons Family Solutions by 2,536.7% in the 4th quarter. Janus Henderson Group PLC now owns 656,173 shares of the company’s stock worth $66,535,000 after purchasing an additional 631,287 shares in the last quarter.

Analyst Ratings Changes

Several equities analysts have commented on the company. Morgan Stanley dropped their target price on Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating for the company in a research report on Friday, July 31st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, July 29th. Finally, UBS Group upped their price objective on Bright Horizons Family Solutions from $87.00 to $88.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. 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 company’s stock. According to MarketBeat.com, Bright Horizons Family Solutions presently has a consensus rating of “Hold” and a consensus price target of $95.88.

Bright Horizons Family Solutions Stock Performance

NYSE BFAM opened at $70.03 on Friday. The company has a market capitalization of $3.41 billion, a price-to-earnings ratio of 22.16, a PEG ratio of 1.09 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 Inc. has a twelve month low of $57.63 and a twelve month high of $117.25. The stock has a fifty day simple moving average of $74.25 and a 200 day simple moving average of $73.66.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its earnings results on Thursday, July 30th. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.20 by $0.08. The firm had revenue of $779.18 million for 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%.The business’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.07 EPS. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. Sell-side analysts expect that Bright Horizons Family Solutions Inc. will post 4.7 EPS for the current year.

Insider Buying and Selling

In other news, Director Mary Tocio sold 6,000 shares of the company’s 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 of the company’s stock, valued at approximately $1,041,001.85. This represents a 29.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Mary Burke sold 1,200 shares of the 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 sale, the chief operating officer owned 30,945 shares of the company’s stock, valued at approximately $2,320,875. This trade represents a 3.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 8,900 shares of company stock worth $656,584 in the last 90 days. Corporate insiders own 1.42% of the company’s stock.

Bright Horizons Family Solutions 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.