Jupiter Topco LLC Makes New $3.71 Million Investment in FactSet Research Systems Inc. $FDS

Key Points

• Jupiter Topco LLC initiated a $3.71 million position in FactSet Research Systems, purchasing 16,105 shares during the second quarter. Institutional investors collectively own 91.24% of the company.
• Analyst sentiment remains cautious: FactSet has an average “Reduce” rating and a consensus price target of $257.57, below its reported share price of $304.39.
• FactSet exceeded quarterly expectations with $4.53 in EPS and $622.92 million in revenue, up 6.4% year over year. The company also declared a quarterly dividend of $1.16 per share, or $4.64 annualized, yielding approximately 1.5%.

Jupiter Topco LLC bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 16,105 shares of the business services provider's stock, valued at approximately $3,711,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Jones Financial Companies Lllp boosted its stake in FactSet Research Systems by 5.6% during the 1st quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider's stock worth $785,000 after acquiring an additional 91 shares during the last quarter. Empowered Funds LLC increased its stake in FactSet Research Systems by 27.6% in the first quarter. Empowered Funds LLC now owns 972 shares of the business services provider's stock valued at $442,000 after purchasing an additional 210 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of FactSet Research Systems by 188.2% during the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider's stock worth $45,000 after purchasing an additional 64 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of FactSet Research Systems by 58.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the business services provider's stock valued at $62,000 after buying an additional 51 shares during the period. Finally, Cerity Partners LLC increased its position in shares of FactSet Research Systems by 15.6% in the 2nd quarter. Cerity Partners LLC now owns 5,247 shares of the business services provider's stock valued at $2,347,000 after buying an additional 707 shares in the last quarter. 91.24% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on FDS. Weiss Ratings raised FactSet Research Systems from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Monday, July 13th. Royal Bank Of Canada increased their price target on FactSet Research Systems from $240.00 to $304.00 and gave the stock a "sector perform" rating in a report on Thursday, August 27th. UBS Group reaffirmed a "buy" rating on shares of FactSet Research Systems in a research report on Wednesday, July 22nd. The Goldman Sachs Group cut FactSet Research Systems from a "sell" rating to an "underweight" rating in a report on Thursday, June 18th. Finally, Morgan Stanley boosted their price objective on FactSet Research Systems from $228.00 to $230.00 and gave the company an "equal weight" rating in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have given a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Reduce" and a consensus price target of $257.57.

FactSet Research Systems Price Performance

Shares of NYSE FDS opened at $304.39 on Wednesday. The firm has a market cap of $10.83 billion, a PE ratio of 20.05, a PEG ratio of 2.10 and a beta of 0.71. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. FactSet Research Systems Inc. has a 1-year low of $185.00 and a 1-year high of $377.07. The company has a fifty day moving average price of $267.90 and a 200 day moving average price of $237.99.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.44 by $0.09. The firm had revenue of $622.92 million during the quarter, compared to analysts' expectations 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 was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.27 EPS. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Research analysts predict that FactSet Research Systems Inc. will post 17.76 earnings per share 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 paid a $1.16 dividend. The ex-dividend date is Monday, August 31st. This represents a $4.64 annualized dividend and a yield of 1.5%. FactSet Research Systems's payout ratio is presently 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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