Algert Global LLC Purchases 13,130 Shares of FactSet Research Systems Inc. $FDS

Key Points

• Algert Global increased its FactSet stake by 59.4% in the second quarter, purchasing 13,130 shares to own 35,240 shares valued at approximately $8.1 million. Institutional investors collectively hold 91.24% of the company.
• FactSet exceeded quarterly expectations, reporting $4.53 in EPS and $622.92 million in revenue, while revenue rose 6.4% year over year. The company maintained fiscal 2026 EPS guidance of $17.25–$17.75.
• FactSet declared a quarterly dividend of $1.16 per share, equivalent to $4.64 annually and a 1.6% yield. Despite the dividend and earnings beat, analysts have a consensus “Reduce” rating with an average price target of $253, below the reported share price of $295.02.

Algert Global LLC grew its position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 59.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,240 shares of the business services provider's stock after buying an additional 13,130 shares during the period. Algert Global LLC owned 0.10% of FactSet Research Systems worth $8,108,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BOKF NA raised its stake in FactSet Research Systems by 5,100.0% in the 3rd quarter. BOKF NA now owns 104 shares of the business services provider's stock valued at $30,000 after acquiring an additional 102 shares during the period. Navalign LLC bought a new position in FactSet Research Systems during the fourth quarter worth about $32,000. Litman Gregory Wealth Management LLC purchased a new position in shares of FactSet Research Systems in the fourth quarter worth about $32,000. Elyxium Wealth LLC purchased a new position in shares of FactSet Research Systems in the fourth quarter worth about $35,000. Finally, Geneos Wealth Management Inc. raised its position 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 purchasing an additional 64 shares during the period. Institutional investors own 91.24% of the company's stock.

FactSet Research Systems Stock Down 0.4%

Shares of NYSE:FDS opened at $295.02 on Thursday. The firm has a fifty day moving average price of $260.88 and a two-hundred day moving average price of $235.01. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68. FactSet Research Systems Inc. has a one year low of $185.00 and a one year high of $384.33. The company has a market cap of $10.49 billion, a price-to-earnings ratio of 19.43, a PEG ratio of 1.99 and a beta of 0.70.

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 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 the consensus estimate of $617.91 million. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The firm's revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the business posted $4.27 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Analysts anticipate that FactSet Research Systems Inc. will post 17.76 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Monday, August 31st will be given a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a dividend 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 Analysts Forecast Growth

A number of equities research analysts have issued reports on FDS shares. Rothschild & Co Redburn cut shares of FactSet Research Systems from a "neutral" rating to a "sell" rating and set a $215.00 target price on the stock. in a report on Thursday, June 18th. Weiss Ratings raised FactSet Research Systems from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, July 13th. The Goldman Sachs Group cut FactSet Research Systems from a "sell" rating to an "underweight" rating in a research report on Thursday, June 18th. Wolfe Research boosted their price objective on FactSet Research Systems from $225.00 to $240.00 and gave the company an "underperform" rating in a research note on Wednesday, July 1st. Finally, BMO Capital Markets increased their price objective on FactSet Research Systems from $257.00 to $275.00 and gave the stock a "market perform" rating in a report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have assigned a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat.com, FactSet Research Systems currently has a consensus rating of "Reduce" and an average price target of $253.00.

FactSet Research Systems 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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