FactSet Research Systems Inc. $FDS Stock: Capital Management Corp VA Lowers Holdings

Key Points

• Capital Management Corp VA reduced its FactSet stake by 6.3% in the third quarter, selling 2,902 shares and retaining 43,384 shares worth approximately $11.7 million. Institutional investors and hedge funds collectively own 91.24% of the company.
• FactSet shares rose 4.6% to $344.76, near their 12-month high, while the company reported quarterly EPS of $4.52 and revenue of $634.7 million—both above analyst expectations. Revenue increased 6.3% year over year.
• The company maintains a quarterly dividend of $1.16, or $4.64 annually, yielding 1.3%. Despite some analyst upgrades, the stock has an average “Reduce” rating and a consensus price target of $271.79.

Capital Management Corp VA cut its stake in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 6.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,384 shares of the business services provider's stock after selling 2,902 shares during the quarter. FactSet Research Systems comprises approximately 1.8% of Capital Management Corp VA's investment portfolio, making the stock its 25th biggest holding. Capital Management Corp VA owned 0.12% of FactSet Research Systems worth $11,712,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Bamco Inc. NY acquired a new position in shares of FactSet Research Systems in the second quarter valued at about $966,533,000. BlackRock Inc. purchased a new position in FactSet Research Systems during the 2nd quarter worth approximately $657,658,000. Bank of America Corp DE lifted its stake in 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 acquiring an additional 212,022 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in FactSet Research Systems by 123.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 377,926 shares of the business services provider's stock valued at $82,006,000 after acquiring an additional 208,824 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in FactSet Research Systems during the 2nd quarter valued at approximately $68,587,000. 91.24% of the stock is owned by institutional investors and hedge funds.

FactSet Research Systems Trading Up 4.6%

Shares of NYSE:FDS opened at $344.76 on Tuesday. FactSet Research Systems Inc. has a 12-month low of $185.00 and a 12-month high of $345.66. The company has a market capitalization of $12.15 billion, a PE ratio of 23.68, a PEG ratio of 1.75 and a beta of 0.77. The business has a 50 day moving average of $293.39 and a two-hundred day moving average of $251.28. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.43.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its quarterly earnings data on Wednesday, September 30th. The business services provider reported $4.52 EPS for the quarter, topping the consensus estimate of $4.35 by $0.17. The business had revenue of $634.70 million for the quarter, compared to analyst estimates of $629.83 million. FactSet Research Systems had a return on equity of 31.66% and a net margin of 21.54%. The business's quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.05 EPS. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. As a group, analysts forecast that FactSet Research Systems Inc. will post 19.63 EPS for the current year.

FactSet Research Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Monday, August 31st were given a $1.16 dividend. The ex-dividend date was Monday, August 31st. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.3%. FactSet Research Systems's dividend payout ratio is 31.87%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. William Blair raised shares of FactSet Research Systems from a "market perform" rating to an "outperform" rating in a report on Tuesday, September 8th. BMO Capital Markets raised their target price on shares of FactSet Research Systems from $300.00 to $314.00 and gave the stock a "market perform" rating in a report on Tuesday, October 13th. Morgan Stanley boosted their target price on shares of FactSet Research Systems from $230.00 to $300.00 and gave the company an "equal weight" rating in a research report on Thursday, September 10th. Barclays upped their price target on shares of FactSet Research Systems from $216.00 to $250.00 and gave the company an "underweight" rating in a report on Tuesday, September 8th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on FactSet Research Systems from $280.00 to $299.00 and gave the stock a "hold" rating in a research report on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have assigned a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce" and an average target price of $271.79.

FactSet Research Systems Company Profile

FactSet Research Systems Inc provides financial data, analytics and workflow technology to investment professionals and financial institutions. Its platform brings together market, company, economic and alternative data with tools for research, portfolio analysis, risk management, trading, performance measurement and reporting.

The company serves asset managers, wealth managers, investment banks, private-equity firms, corporations and other financial professionals. Its products support activities including equity and fixed-income research, portfolio construction, screening, client reporting, investment-banking analysis and environmental, social and governance research.

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