Geode Capital Management LLC Boosts Stock Position in BrightView Holdings, Inc. $BV

Geode Capital Management LLC increased its holdings in BrightView Holdings, Inc. (NYSE:BV) by 8.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,503,139 shares of the company’s stock after purchasing an additional 118,340 shares during the period. Geode Capital Management LLC owned approximately 1.58% of BrightView worth $25,031,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of BV. CWM LLC grew its stake in shares of BrightView by 58.7% in the 1st quarter. CWM LLC now owns 3,418 shares of the company’s stock worth $44,000 after buying an additional 1,264 shares in the last quarter. Allianz Asset Management GmbH purchased a new position in BrightView in the first quarter worth about $517,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in BrightView during the first quarter worth approximately $208,000. Mackenzie Financial Corp raised its position in BrightView by 34.3% during the first quarter. Mackenzie Financial Corp now owns 76,665 shares of the company’s stock valued at $984,000 after purchasing an additional 19,581 shares during the period. Finally, XTX Topco Ltd bought a new stake in shares of BrightView in the 1st quarter valued at approximately $129,000. Institutional investors own 92.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Robert W. Baird cut their target price on BrightView from $19.00 to $15.00 and set an “outperform” rating on the stock in a research report on Thursday, November 20th. Wall Street Zen downgraded shares of BrightView from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. The Goldman Sachs Group dropped their price target on shares of BrightView from $13.50 to $10.50 and set a “sell” rating for the company in a research note on Thursday, November 20th. Zacks Research raised shares of BrightView from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of BrightView in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $15.90.

BrightView Trading Down 0.1%

BV stock opened at $12.62 on Friday. The company has a market capitalization of $1.20 billion, a PE ratio of 315.50 and a beta of 1.29. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.29 and a quick ratio of 1.30. BrightView Holdings, Inc. has a 12 month low of $11.06 and a 12 month high of $18.08. The firm’s 50-day moving average is $12.75 and its 200 day moving average is $14.49.

BrightView (NYSE:BV) last issued its earnings results on Wednesday, November 19th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). BrightView had a return on equity of 8.43% and a net margin of 2.10%.The company had revenue of $702.80 million during the quarter, compared to the consensus estimate of $718.03 million. During the same quarter in the prior year, the company earned $0.30 earnings per share. BrightView’s revenue was down 3.6% on a year-over-year basis. BrightView has set its FY 2026 guidance at EPS. On average, research analysts anticipate that BrightView Holdings, Inc. will post 0.73 EPS for the current year.

BrightView Company Profile

BrightView Holdings, Inc, through its subsidiaries, provides commercial landscaping services in the United States. It operates through two segments, Maintenance Services and Development Services. The Maintenance Services segment delivers a suite of recurring commercial landscaping services, including mowing, gardening, mulching and snow removal, water management, irrigation maintenance, tree care, golf course maintenance, and specialty turf maintenance.