FactSet Research Systems Inc. $FDS Shares Sold by Amundi

Amundi lowered its position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 34.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 61,419 shares of the business services provider's stock after selling 31,797 shares during the period. Amundi owned about 0.17% of FactSet Research Systems worth $14,131,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of FDS. HighTower Advisors LLC raised its holdings in shares of FactSet Research Systems by 2.6% in the second quarter. HighTower Advisors LLC now owns 121,962 shares of the business services provider's stock worth $28,061,000 after acquiring an additional 3,147 shares during the last quarter. California State Teachers Retirement System boosted its position in FactSet Research Systems by 22,745.3% during the 2nd quarter. California State Teachers Retirement System now owns 9,725,942 shares of the business services provider's stock worth $2,237,745,000 after purchasing an additional 9,683,369 shares during the period. Wedmont Private Capital increased its holdings in FactSet Research Systems by 37.1% in the 2nd quarter. Wedmont Private Capital now owns 1,872 shares of the business services provider's stock valued at $463,000 after purchasing an additional 507 shares in the last quarter. HB Wealth Management LLC increased its holdings in FactSet Research Systems by 76.4% in the 2nd quarter. HB Wealth Management LLC now owns 5,909 shares of the business services provider's stock valued at $1,360,000 after purchasing an additional 2,560 shares in the last quarter. Finally, AlphaGrep UK Ltd purchased a new position in FactSet Research Systems in the second quarter valued at about $378,000. Hedge funds and other institutional investors own 91.24% of the company's stock.

FactSet Research Systems Trading Down 1.2%

Shares of NYSE FDS opened at $259.66 on Friday. The stock's 50 day moving average price is $276.83 and its two-hundred day moving average price is $242.75. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.44. FactSet Research Systems Inc. has a 52-week low of $185.00 and a 52-week high of $370.98. The stock has a market capitalization of $9.24 billion, a P/E ratio of 17.11, a PEG ratio of 1.58 and a beta of 0.71.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted 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. 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 during the quarter, compared to analyst estimates of $617.91 million. During the same period in the previous year, the business posted $4.27 EPS. The company's quarterly 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. On average, 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 firm 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. This represents a $4.64 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Monday, August 31st. FactSet Research Systems's payout ratio is 30.57%.

Wall Street Analysts Forecast Growth

FDS has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft boosted their price objective on FactSet Research Systems from $280.00 to $299.00 and gave the stock a "hold" rating in a research note on Friday. Weiss Ratings upgraded FactSet Research Systems from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, July 13th. The Goldman Sachs Group downgraded FactSet Research Systems from a "sell" rating to an "underweight" rating in a report on Thursday, June 18th. Morgan Stanley boosted their price target on FactSet Research Systems from $230.00 to $300.00 and gave the stock an "equal weight" rating in a research report on Thursday. Finally, Jefferies Financial Group upped their price target on FactSet Research Systems from $225.00 to $253.00 and gave the stock a "hold" rating in a report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Reduce" and an average target price of $266.36.

FactSet Research Systems Company Profile

FactSet Research Systems Inc NYSE: FDS provides financial data, analytics and technology solutions for investment professionals. Its platform integrates market, company, economic and alternative data with research and analytical tools, helping users evaluate securities, construct and monitor portfolios, manage risk and support investment decisions.

The company serves a broad range of financial institutions, including asset managers, wealth managers, investment banks, hedge funds, private-equity firms and corporate finance teams.

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