Evolve Private Wealth LLC Invests $763,000 in FactSet Research Systems Inc. $FDS

Key Points

• Evolve Private Wealth initiated a position in FactSet Research Systems during the second quarter, purchasing 3,315 shares valued at approximately $763,000. Institutional investors collectively own 91.24% of the company.
• FactSet reported quarterly earnings of $4.53 per share, exceeding estimates of $4.44, while revenue rose 6.4% year over year to $622.92 million. The company maintained fiscal 2026 guidance of $17.25–$17.75 in EPS.
• Analyst sentiment remains cautious, with a consensus rating of “Reduce” and a $253 price target, despite UBS maintaining a “Buy” rating. FactSet also declared a quarterly dividend of $1.16 per share, equivalent to a 1.5% annualized yield.

Evolve Private Wealth LLC bought a new position in FactSet Research Systems Inc. (NYSE:FDS - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,315 shares of the business services provider's stock, valued at approximately $763,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BOKF NA boosted its holdings in shares of FactSet Research Systems by 5,100.0% during the third quarter. BOKF NA now owns 104 shares of the business services provider's stock worth $30,000 after purchasing an additional 102 shares during the period. Navalign LLC purchased a new stake in FactSet Research Systems in the fourth quarter worth $32,000. Litman Gregory Wealth Management LLC purchased a new stake in FactSet Research Systems in the fourth quarter worth $32,000. Elyxium Wealth LLC purchased a new position in FactSet Research Systems during the 4th quarter valued at $35,000. Finally, Geneos Wealth Management Inc. increased its position in 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 purchasing an additional 64 shares during the period. 91.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

FDS has been the subject of several research analyst reports. 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. Bank of America increased their price target on shares of FactSet Research Systems from $205.00 to $210.00 and gave the stock an "underperform" rating in a research note on Thursday, July 2nd. Wells Fargo & Company raised their price objective on shares of FactSet Research Systems from $200.00 to $210.00 and gave the stock an "underweight" rating in a report on Thursday, July 2nd. Wolfe Research lifted their price objective on FactSet Research Systems from $225.00 to $240.00 and gave the company an "underperform" rating in a research report on Wednesday, July 1st. Finally, UBS Group reiterated a "buy" rating on shares of FactSet Research Systems in a report on Wednesday, July 22nd. One equities research 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 stock. According to MarketBeat, the stock presently has a consensus rating of "Reduce" and a consensus price target of $253.00.

FactSet Research Systems Price Performance

FDS stock opened at $305.07 on Tuesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.68. The firm has a 50 day moving average price of $258.40 and a 200-day moving average price of $233.91. FactSet Research Systems Inc. has a 52-week low of $185.00 and a 52-week high of $386.52. The firm has a market capitalization of $10.85 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 2.01 and a beta of 0.70.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released 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. The business 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 company's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the previous year, the company posted $4.27 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Equities research analysts forecast that FactSet Research Systems Inc. will post 17.76 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Monday, August 31st will be issued a $1.16 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.64 annualized dividend and a yield of 1.5%. FactSet Research Systems's payout ratio is 30.57%.

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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