JPMorgan Chase & Co. Sells 1,193,394 Shares of Bright Horizons Family Solutions Inc. $BFAM

JPMorgan Chase & Co. cut its position in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 32.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,521,094 shares of the company’s stock after selling 1,193,394 shares during the quarter. JPMorgan Chase & Co.’s holdings in Bright Horizons Family Solutions were worth $273,715,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BFAM. NewEdge Advisors LLC lifted its holdings in shares of Bright Horizons Family Solutions by 24.1% during the first quarter. NewEdge Advisors LLC now owns 6,750 shares of the company’s stock worth $858,000 after buying an additional 1,312 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Bright Horizons Family Solutions by 149.1% in the first quarter. Goldman Sachs Group Inc. now owns 614,293 shares of the company’s stock valued at $78,040,000 after acquiring an additional 367,711 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Bright Horizons Family Solutions by 12.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 195,119 shares of the company’s stock worth $24,788,000 after acquiring an additional 20,859 shares during the period. Jane Street Group LLC raised its stake in Bright Horizons Family Solutions by 646.2% in the 1st quarter. Jane Street Group LLC now owns 59,643 shares of the company’s stock worth $7,577,000 after purchasing an additional 51,650 shares in the last quarter. Finally, Focus Partners Wealth raised its stake in Bright Horizons Family Solutions by 70.5% in the 1st quarter. Focus Partners Wealth now owns 4,516 shares of the company’s stock worth $574,000 after purchasing an additional 1,868 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Wall Street Zen lowered shares of Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, November 30th. The Goldman Sachs Group reduced their price target on Bright Horizons Family Solutions from $130.00 to $112.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. JPMorgan Chase & Co. lifted their price objective on Bright Horizons Family Solutions from $156.00 to $160.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Robert W. Baird set a $100.00 target price on Bright Horizons Family Solutions in a research report on Friday, February 13th. Finally, BMO Capital Markets dropped their price target on Bright Horizons Family Solutions from $124.00 to $100.00 and set an “outperform” rating for the company in a research note on Tuesday. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $107.11.

Bright Horizons Family Solutions Stock Performance

NYSE:BFAM opened at $71.13 on Friday. Bright Horizons Family Solutions Inc. has a twelve month low of $63.68 and a twelve month high of $132.99. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.52. The stock’s 50-day simple moving average is $93.68 and its 200 day simple moving average is $102.62. The firm has a market capitalization of $4.02 billion, a PE ratio of 21.17, a price-to-earnings-growth ratio of 1.37 and a beta of 1.40.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its earnings results on Thursday, February 12th. The company reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.02. Bright Horizons Family Solutions had a net margin of 6.58% and a return on equity of 17.27%. The firm had revenue of $733.70 million during the quarter, compared to analysts’ expectations of $727.44 million. During the same quarter in the prior year, the business earned $0.98 earnings per share. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. On average, analysts anticipate that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current fiscal year.

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.