Generali Asset Management SPA SGR Invests $1.97 Million in FactSet Research Systems Inc. $FDS

Key Points

• Generali Asset Management SPA SGR has acquired a new position in FactSet Research Systems Inc. by purchasing 4,412 shares valued at approximately $1.97 million.
• Analysts have varying opinions on FactSet, with one Buy rating, eight Hold ratings, and five Sell ratings, resulting in a consensus average rating of "Reduce."
• FactSet recently declared a quarterly dividend of $1.10 per share, translating to an annualized dividend yield of 1.6%.

Generali Asset Management SPA SGR bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,412 shares of the business services provider's stock, valued at approximately $1,973,000.

Other large investors also recently modified their holdings of the company. SouthState Corp grew its holdings in shares of FactSet Research Systems by 1,400.0% during the 1st quarter. SouthState Corp now owns 60 shares of the business services provider's stock worth $27,000 after purchasing an additional 56 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its position in shares of FactSet Research Systems by 4,200.0% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 86 shares of the business services provider's stock worth $39,000 after buying an additional 84 shares during the last quarter. WPG Advisers LLC bought a new stake in shares of FactSet Research Systems during the 1st quarter worth $41,000. Bank of Jackson Hole Trust lifted its position in shares of FactSet Research Systems by 187.9% during the 1st quarter. Bank of Jackson Hole Trust now owns 95 shares of the business services provider's stock worth $44,000 after buying an additional 62 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of 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 worth $45,000 after buying an additional 64 shares during the last quarter. 91.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently weighed in on FDS shares. Raymond James Financial upgraded FactSet Research Systems from an "underperform" rating to a "market perform" rating in a research report on Thursday, June 26th. Barclays dropped their price objective on FactSet Research Systems from $390.00 to $300.00 and set an "underweight" rating for the company in a research report on Friday, September 19th. Zacks Research downgraded FactSet Research Systems from a "hold" rating to a "strong sell" rating in a research report on Tuesday, September 23rd. Evercore ISI dropped their price objective on FactSet Research Systems from $394.00 to $328.00 and set an "in-line" rating for the company in a research report on Friday, September 19th. Finally, Huber Research upgraded FactSet Research Systems to a "strong sell" rating in a research report on Friday, September 19th. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Reduce" and an average target price of $356.78.

FactSet Research Systems Price Performance

FactSet Research Systems stock opened at $278.09 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.47 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $10.51 billion, a PE ratio of 17.88, a P/E/G ratio of 2.10 and a beta of 0.79. FactSet Research Systems Inc. has a 12 month low of $272.50 and a 12 month high of $499.87. The stock has a 50-day moving average price of $334.99 and a two-hundred day moving average price of $399.73.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its earnings results on Thursday, September 18th. The business services provider reported $4.05 EPS for the quarter, missing the consensus estimate of $4.13 by ($0.08). The firm had revenue of $596.90 million during the quarter, compared to the consensus estimate of $593.32 million. FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. FactSet Research Systems's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.74 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Friday, August 29th were paid a $1.10 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $4.40 annualized dividend and a dividend yield of 1.6%. FactSet Research Systems's dividend payout ratio is presently 28.30%.

Insider Activity

In related news, EVP Helen L. Shan purchased 370 shares of the firm's stock in a transaction dated Monday, October 6th. The stock was bought at an average price of $275.48 per share, with a total value of $101,927.60. Following the completion of the purchase, the executive vice president owned 9,284 shares in the company, valued at approximately $2,557,556.32. This represents a 4.15% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Christopher Mcloughlin purchased 338 shares of the firm's stock in a transaction dated Tuesday, September 23rd. The stock was bought at an average cost of $296.19 per share, with a total value of $100,112.22. Following the purchase, the insider owned 3,446 shares of the company's stock, valued at approximately $1,020,670.74. This trade represents a 10.88% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 1.10% of the company's stock.

FactSet Research Systems Company Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.

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