64,630 Shares in FactSet Research Systems Inc. $FDS Acquired by Sone Capital Management LLC

Key Points

• Sone Capital Management acquired 64,630 FactSet shares worth approximately $14.87 million in the second quarter, taking a 0.18% stake. Institutional investors collectively own 91.24% of FactSet.
• FactSet exceeded quarterly expectations, reporting $4.53 in EPS and $622.92 million in revenue, with revenue up 6.4% year over year. The company reaffirmed fiscal 2026 EPS guidance of $17.25–$17.75.
• FactSet declared a quarterly dividend of $1.16, equivalent to $4.64 annually and a 1.5% yield. Despite the stock opening at $305.07, analysts’ consensus rating remained “Reduce,” with a $253 price target.

Sone Capital Management LLC bought a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 64,630 shares of the business services provider's stock, valued at approximately $14,870,000. Sone Capital Management LLC owned 0.18% of FactSet Research Systems as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. boosted its stake in shares of FactSet Research Systems by 0.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider's stock valued at $3,071,000 after purchasing an additional 30 shares during the last quarter. SkyView Investment Advisors LLC raised its stake in FactSet Research Systems by 2.7% during the second quarter. SkyView Investment Advisors LLC now owns 1,809 shares of the business services provider's stock worth $798,000 after buying an additional 48 shares during the last quarter. Lafayette Investments Inc. lifted its holdings in FactSet Research Systems by 1.1% in the first quarter. Lafayette Investments Inc. now owns 4,524 shares of the business services provider's stock valued at $982,000 after buying an additional 49 shares during the period. Tema ETFs LLC lifted its holdings in FactSet Research Systems by 8.1% in the second quarter. Tema ETFs LLC now owns 669 shares of the business services provider's stock valued at $154,000 after buying an additional 50 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in FactSet Research Systems by 58.6% during the second quarter. EverSource Wealth Advisors LLC now owns 138 shares of the business services provider's stock valued at $62,000 after acquiring an additional 51 shares during the last quarter. Institutional investors own 91.24% of the company's stock.

FactSet Research Systems Trading Up 1.7%

FDS opened at $305.07 on Tuesday. The company has a fifty day moving average price of $258.40 and a two-hundred day moving average price of $233.91. FactSet Research Systems Inc. has a 1-year low of $185.00 and a 1-year high of $386.52. The company has a market cap of $10.85 billion, a P/E ratio of 20.10, 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 (NYSE:FDS - Get Free Report) last released its quarterly earnings data on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.44 by $0.09. The company had revenue of $622.92 million for the quarter, compared to analysts' expectations of $617.91 million. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The business's revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.27 EPS. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Analysts predict that FactSet Research Systems Inc. will post 17.76 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Monday, August 31st will be issued a $1.16 dividend. The ex-dividend date is Monday, August 31st. This represents a $4.64 annualized dividend and a yield of 1.5%. FactSet Research Systems's dividend payout ratio is presently 30.57%.

Analyst Ratings Changes

A number of analysts have weighed in on FDS shares. Wells Fargo & Company increased their price target on FactSet Research Systems from $200.00 to $210.00 and gave the stock an "underweight" rating in a report on Thursday, July 2nd. Royal Bank Of Canada restated a "sector perform" rating and set a $240.00 target price on shares of FactSet Research Systems in a research report on Thursday, July 2nd. UBS Group reaffirmed a "buy" rating on shares of FactSet Research Systems in a research note on Wednesday, July 22nd. Bank of America lifted their target price on FactSet Research Systems from $205.00 to $210.00 and gave the stock an "underperform" rating in a report on Thursday, July 2nd. Finally, Jefferies Financial Group boosted their price target on FactSet Research Systems from $225.00 to $253.00 and gave the company a "hold" rating in a research note on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Reduce" and a consensus price target of $253.00.

FactSet Research Systems Company Profile

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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