Deane Retirement Strategies Inc. Makes New Investment in FactSet Research Systems Inc. $FDS

Key Points

• Deane Retirement Strategies acquired 16,335 FactSet shares worth approximately $3.76 million in the second quarter, making FDS about 1.6% of its portfolio. Institutional investors collectively own 91.24% of the company.
• FactSet’s latest quarterly results exceeded expectations, with EPS of $4.53 versus a $4.44 consensus and revenue of $622.92 million, up 6.4% year over year. The company issued fiscal 2026 EPS guidance of $17.25–$17.75.
• Analyst sentiment remains cautious: FactSet has a consensus “Reduce” rating and a $253 price target, below its reported opening price of $284.93.

Deane Retirement Strategies Inc. bought a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 16,335 shares of the business services provider's stock, valued at approximately $3,760,000. FactSet Research Systems comprises approximately 1.6% of Deane Retirement Strategies Inc.'s portfolio, making the stock its 29th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. raised its stake in FactSet Research Systems by 444,058.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 13,857,733 shares of the business services provider's stock valued at $4,021,376,000 after purchasing an additional 13,854,613 shares in the last quarter. Bamco Inc. NY grew its stake in shares of FactSet Research Systems by 58.8% in the 4th quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider's stock worth $838,314,000 after buying an additional 1,069,786 shares in the last quarter. State Street Corp increased its holdings in shares of FactSet Research Systems by 1.2% in the 3rd quarter. State Street Corp now owns 1,961,231 shares of the business services provider's stock worth $561,873,000 after buying an additional 23,660 shares during the last quarter. Bank of America Corp DE raised its position in shares of FactSet Research Systems by 33.6% during the 1st quarter. Bank of America Corp DE now owns 842,715 shares of the business services provider's stock valued at $182,861,000 after buying an additional 212,022 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of FactSet Research Systems by 16.2% in the 3rd quarter. Invesco Ltd. now owns 793,832 shares of the business services provider's stock valued at $227,425,000 after acquiring an additional 110,686 shares during the last quarter. 91.24% of the stock is owned by hedge funds and other institutional investors.

FactSet Research Systems Trading Down 0.2%

FDS stock opened at $284.93 on Monday. FactSet Research Systems Inc. has a 12 month low of $185.00 and a 12 month high of $389.96. The firm's 50-day moving average is $249.71 and its 200 day moving average is $232.21. The company has a market capitalization of $10.13 billion, a PE ratio of 18.77, a P/E/G ratio of 1.92 and a beta of 0.70. 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 (NYSE:FDS - Get Free Report) last issued its earnings results on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, topping analysts' consensus estimates of $4.44 by $0.09. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The business had revenue of $622.92 million for the quarter, compared to the consensus estimate of $617.91 million. During the same period in the prior year, the firm earned $4.27 EPS. The company's revenue for the quarter was up 6.4% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, research analysts anticipate that FactSet Research Systems Inc. will post 17.76 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on FDS. The Goldman Sachs Group downgraded FactSet Research Systems from a "sell" rating to an "underweight" rating in a research report on Thursday, June 18th. Wells Fargo & Company boosted their target price on FactSet Research Systems from $200.00 to $210.00 and gave the company an "underweight" rating in a research report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft increased their price target on FactSet Research Systems from $275.00 to $280.00 and gave the company a "hold" rating in a report on Thursday, July 2nd. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $240.00 price objective on shares of FactSet Research Systems in a research note on Thursday, July 2nd. Finally, Morgan Stanley boosted their price objective on shares of FactSet Research Systems from $228.00 to $230.00 and gave the company an "equal weight" rating in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have issued a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat.com, FactSet Research Systems presently has a consensus rating of "Reduce" and a consensus 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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