Bamco Inc. NY Invests $966.53 Million in FactSet Research Systems Inc. $FDS

Key Points

• Bamco Inc. NY acquired 4.2 million FactSet shares worth approximately $966.5 million, making FactSet 1.5% of its portfolio and giving Bamco an 11.81% stake. Institutional investors collectively own 91.24% of the company.
• 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 issued fiscal 2026 EPS guidance of $17.25–$17.75.
• Analysts remain cautious, with a consensus “Reduce” rating and an average price target of $253 versus the stock’s $295.02 opening price. FactSet also declared a quarterly dividend of $1.16, equal to a 1.6% annualized yield.

Bamco Inc. NY purchased a new position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 4,200,856 shares of the business services provider's stock, valued at approximately $966,533,000. FactSet Research Systems comprises approximately 1.5% of Bamco Inc. NY's investment portfolio, making the stock its 14th largest holding. Bamco Inc. NY owned 11.81% of FactSet Research Systems at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jones Financial Companies Lllp grew its position in shares of FactSet Research Systems by 5.6% in the first quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider's stock valued at $785,000 after purchasing an additional 91 shares during the period. Empowered Funds LLC grew its holdings in FactSet Research Systems by 27.6% in the 1st quarter. Empowered Funds LLC now owns 972 shares of the business services provider's stock valued at $442,000 after buying an additional 210 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of FactSet Research Systems by 188.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider's stock valued at $45,000 after acquiring an additional 64 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of FactSet Research Systems by 58.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the business services provider's stock worth $62,000 after acquiring an additional 51 shares during the period. Finally, Cerity Partners LLC boosted its position in shares of FactSet Research Systems by 15.6% in the second quarter. Cerity Partners LLC now owns 5,247 shares of the business services provider's stock worth $2,347,000 after acquiring an additional 707 shares during the last quarter. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on FDS shares. BMO Capital Markets boosted their price target on 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. Morgan Stanley boosted their target price on FactSet Research Systems from $228.00 to $230.00 and gave the stock an "equal weight" rating in a report on Thursday, July 2nd. UBS Group reissued a "buy" rating on shares of FactSet Research Systems in a research report on Wednesday, July 22nd. The Goldman Sachs Group cut shares of FactSet Research Systems from a "sell" rating to an "underweight" rating in a research report on Thursday, June 18th. Finally, Royal Bank Of Canada reissued a "sector perform" rating and issued a $240.00 price objective on shares of FactSet Research Systems in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have given a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Reduce" and an average price target of $253.00.

FactSet Research Systems Trading Down 0.4%

Shares of NYSE:FDS opened at $295.02 on Thursday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.44. The company's 50-day moving average price is $260.88 and its 200 day moving average price is $235.01. The company has a market cap of $10.49 billion, a PE ratio of 19.43, a P/E/G ratio of 1.99 and a beta of 0.70. FactSet Research Systems Inc. has a fifty-two week low of $185.00 and a fifty-two week high of $384.33.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, beating the consensus estimate of $4.44 by $0.09. The company had revenue of $622.92 million for the quarter, compared to analyst estimates of $617.91 million. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. FactSet Research Systems's revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the business earned $4.27 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.76 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Monday, August 31st will be given a $1.16 dividend. 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 is currently 30.57%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.