4,648 Shares of FactSet Research Systems Inc. $FDS Acquired by Western Financial Corp CA

Key Points

• Western Financial Corp CA acquired 4,648 FactSet Research Systems shares worth approximately $1.255 million during the third quarter. Institutional investors collectively own 91.24% of FactSet’s stock.
• FactSet reported quarterly EPS of $4.52, beating estimates of $4.35, while revenue rose 6.3% year over year to $634.7 million. The company issued fiscal 2027 EPS guidance of $19.25–$19.65.
• Shares recently traded at $290.18, while analysts maintain a consensus “Reduce” rating with a $271.79 price target; the company also pays a quarterly dividend of $1.16, yielding about 1.6% annually.

Western Financial Corp CA bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 4,648 shares of the business services provider's stock, valued at approximately $1,255,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Parkside Financial Bank & Trust lifted its holdings in FactSet Research Systems by 31.2% during the second quarter. Parkside Financial Bank & Trust now owns 181 shares of the business services provider's stock worth $42,000 after acquiring an additional 43 shares during the period. State of Wyoming purchased a new position in FactSet Research Systems in the first quarter worth $51,000. CX Institutional grew its stake in FactSet Research Systems by 75.7% in the 2nd quarter. CX Institutional now owns 239 shares of the business services provider's stock valued at $55,000 after purchasing an additional 103 shares during the period. Danske Bank A S bought a new position in FactSet Research Systems in the 2nd quarter valued at $64,000. Finally, GK Wealth Management LLC purchased a new stake in shares of FactSet Research Systems during the 3rd quarter valued at $77,000. Hedge funds and other institutional investors own 91.24% of the company's stock.

FactSet Research Systems Stock Performance

FDS traded down $0.64 during trading hours on Wednesday, hitting $290.18. The stock had a trading volume of 604,783 shares, compared to its average volume of 935,148. The company's fifty day simple moving average is $285.00 and its 200 day simple moving average is $253.30. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $320.48. The stock has a market cap of $10.32 billion, a PE ratio of 19.93, a price-to-earnings-growth ratio of 1.62 and a beta of 0.77. The company has a quick ratio of 0.68, a current ratio of 0.60 and a debt-to-equity ratio of 0.43.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its quarterly earnings data on Wednesday, September 30th. The business services provider reported $4.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.35 by $0.17. FactSet Research Systems had a return on equity of 31.66% and a net margin of 21.54%. The business had revenue of $634.70 million for the quarter, compared to analysts' expectations of $629.83 million. During the same period in the previous year, the business posted $4.05 EPS. The firm's quarterly revenue was up 6.3% compared to the same quarter last year. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. Equities analysts anticipate that FactSet Research Systems Inc. will post 19.63 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Monday, August 31st were issued a $1.16 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $4.64 annualized dividend and a yield of 1.6%. FactSet Research Systems's dividend payout ratio (DPR) is 31.87%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Stifel Nicolaus lifted their target price on FactSet Research Systems from $254.00 to $292.00 and gave the stock a "hold" rating in a research note on Thursday, October 1st. Barclays increased their price target on shares of FactSet Research Systems from $216.00 to $250.00 and gave the company an "underweight" rating in a research report on Tuesday, September 8th. The Goldman Sachs Group lowered shares of FactSet Research Systems from a "sell" rating to an "underweight" rating in a research report on Thursday, June 18th. Jefferies Financial Group raised their price objective on shares of FactSet Research Systems from $225.00 to $253.00 and gave the stock a "hold" rating in a report on Thursday, July 2nd. Finally, Rothschild & Co Redburn lowered shares of FactSet Research Systems from a "neutral" rating to a "sell" rating and set a $215.00 price objective on the stock. in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have given a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat.com, FactSet Research Systems has a consensus rating of "Reduce" and a consensus price target of $271.79.

FactSet Research Systems Company Profile

FactSet Research Systems Inc provides financial data, analytics, and investment management technology to professionals across the global financial services industry. Its platform integrates market, company, portfolio, economic, and alternative data with analytical tools designed to support investment research, decision-making, reporting, and risk management.

The company serves asset managers, investment banks, wealth managers, hedge funds, private equity firms, corporations, and other financial institutions.

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