Canada Pension Plan Investment Board acquired 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 disclosure with the Securities & Exchange Commission. The institutional investor acquired 31,860 shares of the business services provider's stock, valued at approximately $7,330,000. Canada Pension Plan Investment Board owned about 0.09% of FactSet Research Systems as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also made changes to their positions in the company. Jones Financial Companies Lllp grew its position in FactSet Research Systems by 5.6% during the first quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider's stock worth $785,000 after buying an additional 91 shares in the last quarter. Empowered Funds LLC raised 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 acquiring an additional 210 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in FactSet Research Systems by 188.2% in 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 in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of FactSet Research Systems by 58.6% in 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 lifted its position in shares of FactSet Research Systems by 15.6% in the 2nd 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 period. Institutional investors own 91.24% of the company's stock.
Analysts Set New Price Targets
A number of analysts have recently issued reports on FDS shares. BMO Capital Markets boosted their price objective 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. Wells Fargo & Company raised their target price on FactSet Research Systems from $200.00 to $210.00 and gave the stock an "underweight" rating in a research report on Thursday, July 2nd. Wolfe Research lifted their price target 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. Royal Bank Of Canada boosted their price target on shares of FactSet Research Systems from $240.00 to $304.00 and gave the company a "sector perform" rating in a report on Thursday. Finally, The Goldman Sachs Group cut shares of FactSet Research Systems from a "sell" rating to an "underweight" rating in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus price target of $257.57.
View Our Latest Analysis on FDS
FactSet Research Systems Trading Up 1.7%
FDS stock opened at $309.63 on Friday. FactSet Research Systems Inc. has a 1-year low of $185.00 and a 1-year high of $377.07. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. The business's 50 day moving average is $264.27 and its 200-day moving average is $236.21. The firm has a market cap of $11.01 billion, a P/E ratio of 20.40, a P/E/G ratio of 2.07 and a beta of 0.70.
FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its earnings results 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 business had revenue of $622.92 million during the quarter, compared to the consensus estimate of $617.91 million. During the same quarter last year, the company earned $4.27 EPS. FactSet Research Systems's revenue was up 6.4% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Equities analysts anticipate that FactSet Research Systems Inc. will post 17.76 earnings per share for the current fiscal year.
FactSet Research Systems Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Monday, August 31st will be paid a $1.16 dividend. This represents a $4.64 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, August 31st. FactSet Research Systems's payout ratio is currently 30.57%.
FactSet Research Systems 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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