Deutsche Bank AG Purchases New Holdings in FactSet Research Systems Inc. $FDS

Key Points

• Deutsche Bank acquired 187,400 FactSet shares in the second quarter, worth approximately $43.1 million and representing about 0.53% of the company. Institutional investors collectively own 91.24% of FactSet.
• Analyst sentiment remains cautious: FactSet has an average “Reduce” rating and a consensus price target of $253, below its reported share price of $299.26.
• FactSet exceeded quarterly expectations, reporting adjusted earnings of $4.53 per share and revenue of $622.92 million, up 6.4% year over year. The company also declared a quarterly dividend of $1.16 per share, or $4.64 annualized.

Deutsche Bank AG purchased a new stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 187,400 shares of the business services provider's stock, valued at approximately $43,117,000. Deutsche Bank AG owned approximately 0.53% of FactSet Research Systems as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its stake in FactSet Research Systems by 444,058.1% in the 4th 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 during the last quarter. Bamco Inc. NY boosted its stake in shares of FactSet Research Systems by 58.8% during the 4th quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider's stock worth $838,314,000 after acquiring an additional 1,069,786 shares during the period. AQR Capital Management LLC lifted its holdings in FactSet Research Systems by 4,547.4% during the 4th quarter. AQR Capital Management LLC now owns 705,062 shares of the business services provider's stock valued at $204,602,000 after purchasing an additional 689,891 shares during the last quarter. Bank of Montreal Can boosted its position in FactSet Research Systems by 1,843.9% during the fourth quarter. Bank of Montreal Can now owns 597,723 shares of the business services provider's stock worth $173,453,000 after purchasing an additional 566,975 shares during the period. Finally, Norges Bank bought a new position in FactSet Research Systems during the fourth quarter worth $151,492,000. Institutional investors and hedge funds own 91.24% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Bank of America raised their price objective on shares of FactSet Research Systems from $205.00 to $210.00 and gave the stock an "underperform" rating in a research report on Thursday, July 2nd. Rothschild & Co Redburn downgraded FactSet Research Systems from a "neutral" rating to a "sell" rating and set a $215.00 target price on the stock. in a research report on Thursday, June 18th. Royal Bank Of Canada reiterated a "sector perform" rating and set a $240.00 target price on shares of FactSet Research Systems in a research note on Thursday, July 2nd. Weiss Ratings raised FactSet Research Systems from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, July 13th. Finally, 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 note on Thursday, July 2nd. One equities 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 company. According to data from MarketBeat.com, the company presently has an average rating of "Reduce" and a consensus price target of $253.00.

FactSet Research Systems Trading Down 0.3%

Shares of NYSE FDS opened at $299.26 on Friday. The firm has a 50 day moving average price of $257.01 and a two-hundred day moving average price of $233.44. The stock has a market cap of $10.64 billion, a P/E ratio of 19.71, a price-to-earnings-growth ratio of 2.01 and a beta of 0.70. FactSet Research Systems Inc. has a 52-week low of $185.00 and a 52-week high of $386.52. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.68.

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 for the quarter, topping the consensus estimate 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 company had revenue of $622.92 million for the quarter, compared to analysts' expectations of $617.91 million. During the same quarter in the previous year, the firm posted $4.27 earnings per share. FactSet Research Systems's revenue for the quarter 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. As a group, equities analysts forecast that FactSet Research Systems Inc. will post 17.76 EPS for the current 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 given a dividend of $1.16 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.64 dividend on an annualized basis and a yield of 1.6%. FactSet Research Systems's dividend payout ratio is 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.

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