Te Ahumairangi Investment Management Ltd acquired a new stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,817 shares of the business services provider's stock, valued at approximately $3,639,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. BOKF NA grew its stake in FactSet Research Systems by 5,100.0% during the third quarter. BOKF NA now owns 104 shares of the business services provider's stock worth $30,000 after buying an additional 102 shares in the last quarter. Navalign LLC acquired a new stake in FactSet Research Systems in the fourth quarter valued at $32,000. Litman Gregory Wealth Management LLC bought a new position in FactSet Research Systems during the 4th quarter worth $32,000. Elyxium Wealth LLC acquired a new position in FactSet Research Systems during the 4th quarter worth about $35,000. Finally, Geneos Wealth Management Inc. increased its stake in shares of FactSet Research Systems by 188.2% in the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider's stock valued at $45,000 after buying an additional 64 shares during the period. 91.24% of the stock is currently owned by institutional investors.
FactSet Research Systems Stock Down 0.2%
FactSet Research Systems stock opened at $299.26 on Monday. The firm has a market capitalization of $10.64 billion, a price-to-earnings ratio of 19.71, a price-to-earnings-growth ratio of 2.01 and a beta of 0.70. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. FactSet Research Systems Inc. has a 1-year low of $185.00 and a 1-year high of $386.52. The firm's fifty day moving average price is $257.01 and its two-hundred day moving average price is $233.33.
FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its quarterly earnings data on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, topping the consensus estimate of $4.44 by $0.09. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The firm had revenue of $622.92 million during the quarter, compared to the consensus estimate of $617.91 million. During the same period in the prior year, the business posted $4.27 earnings per share. The company's quarterly revenue was up 6.4% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, equities research analysts predict that FactSet Research Systems Inc. will post 17.76 earnings per share for the current fiscal year.
FactSet Research Systems Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Monday, August 31st will be issued a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, August 31st. FactSet Research Systems's dividend payout ratio (DPR) is 30.57%.
Wall Street Analyst Weigh In
A number of research firms have weighed in on FDS. Deutsche Bank Aktiengesellschaft increased their target price on shares of FactSet Research Systems from $275.00 to $280.00 and gave the company a "hold" rating in a research report on Thursday, July 2nd. Wolfe Research lifted their target price on shares of FactSet Research Systems from $225.00 to $240.00 and gave the stock an "underperform" rating in a research note on Wednesday, July 1st. BMO Capital Markets upped their price target on shares of FactSet Research Systems from $257.00 to $275.00 and gave the company a "market perform" rating in a research report on Thursday, July 2nd. The Goldman Sachs Group lowered FactSet Research Systems from a "sell" rating to an "underweight" rating in a research report on Thursday, June 18th. Finally, Wells Fargo & Company increased their price objective on shares of FactSet Research Systems from $200.00 to $210.00 and gave the stock an "underweight" rating in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce" and an average target price of $253.00.
Get Our Latest Analysis on FDS
FactSet Research Systems Company Profile
(
Free Report)
FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.
The company's core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.
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