Royal Bank of Canada decreased its position in Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) by 22.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 212,645 shares of the company's stock after selling 60,845 shares during the quarter. Royal Bank of Canada owned about 0.40% of Bright Horizons Family Solutions worth $17,465,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in BFAM. AG Campbell Advisory LLC bought a new position in Bright Horizons Family Solutions during the 4th quarter worth $41,000. Geneos Wealth Management Inc. boosted its position 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 during the period. Danske Bank A S acquired a new position in shares of Bright Horizons Family Solutions in the third quarter valued at about $43,000. Signaturefd LLC increased its position in Bright Horizons Family Solutions by 34.4% during the fourth quarter. Signaturefd LLC now owns 426 shares of the company's stock worth $43,000 after acquiring an additional 109 shares during the period. Finally, State of Wyoming bought a new position in Bright Horizons Family Solutions during the first quarter worth about $60,000.

Bright Horizons Family Solutions Price Performance

Shares of NYSE:BFAM opened at $74.17 on Friday. The firm has a 50 day moving average of $70.56 and a 200-day moving average of $75.90. The stock has a market capitalization of $3.90 billion, a PE ratio of 23.47, a PEG ratio of 1.17 and a beta of 1.14. The company has a current ratio of 0.48, a quick ratio of 0.46 and a debt-to-equity ratio of 1.14. Bright Horizons Family Solutions Inc. has a 12 month low of $57.63 and a 12 month high of $124.25.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last posted its quarterly 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 business had revenue of $779.18 million for the quarter, compared to analyst estimates of $774.84 million. Bright Horizons Family Solutions had a net margin of 5.78% and a return on equity of 20.09%. The firm's revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the business posted $1.07 EPS. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. On average, equities research analysts predict that Bright Horizons Family Solutions Inc. will post 4.64 EPS for the current fiscal year.

Insiders Place Their Bets

In other Bright Horizons Family Solutions news, COO Mary Lou Burke sold 1,200 shares of the firm's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $75.57, for a total value of $90,684.00. Following the sale, the chief operating officer owned 32,145 shares of the company's stock, valued at approximately $2,429,197.65. This trade represents a 3.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.42% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of analysts have issued reports on BFAM shares. JPMorgan Chase & Co. cut their price objective 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 reiterated a "sell (d+)" rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, July 29th. UBS Group raised their price objective on Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a "neutral" rating in a research note on Friday, July 31st. Finally, Morgan Stanley dropped 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 assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $95.88.

Check Out Our Latest Research Report on BFAM

Bright Horizons Family Solutions Profile

(Free Report)

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.

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Want to see what other hedge funds are holding BFAM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report).

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