Longfellow Investment Management Co. LLC Makes New $920,000 Investment in FactSet Research Systems Inc. $FDS

Longfellow Investment Management Co. LLC acquired a new stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,000 shares of the business services provider's stock, valued at approximately $920,000.

Other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of FactSet Research Systems by 444,058.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 13,857,733 shares of the business services provider's stock worth $4,021,376,000 after purchasing an additional 13,854,613 shares during the last quarter. Bamco Inc. NY boosted its stake in FactSet Research Systems by 58.8% in the 4th quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider's stock worth $838,314,000 after buying an additional 1,069,786 shares during the last quarter. State Street Corp grew its holdings in FactSet Research Systems by 1.2% in the 3rd quarter. State Street Corp now owns 1,961,231 shares of the business services provider's stock valued at $561,873,000 after buying an additional 23,660 shares during the period. Bank of America Corp DE grew its holdings in FactSet Research Systems by 33.6% in 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 buying an additional 212,022 shares during the period. Finally, Invesco Ltd. increased its stake in shares of FactSet Research Systems by 16.2% during the 3rd quarter. Invesco Ltd. now owns 793,832 shares of the business services provider's stock valued at $227,425,000 after acquiring an additional 110,686 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company's stock.

FactSet Research Systems Stock Down 0.1%

Shares of FactSet Research Systems stock opened at $283.25 on Monday. FactSet Research Systems Inc. has a twelve month low of $185.00 and a twelve month high of $387.75. The stock has a market cap of $10.08 billion, a price-to-earnings ratio of 18.66, a price-to-earnings-growth ratio of 1.90 and a beta of 0.70. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. The company has a fifty day moving average price of $252.22 and a 200 day moving average price of $232.17.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its quarterly earnings data 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. The company had revenue of $622.92 million for the quarter, compared to analyst estimates of $617.91 million. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The firm's revenue was up 6.4% compared to the same quarter last year. During the same period last 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 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Monday, August 31st will be given a dividend of $1.16 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.64 annualized dividend and a yield of 1.6%. FactSet Research Systems's payout ratio is 30.57%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of FactSet Research Systems from $275.00 to $280.00 and gave the stock a "hold" rating in a report on Thursday, July 2nd. Barclays upped their price target on shares of FactSet Research Systems from $210.00 to $216.00 and gave the stock an "underweight" rating in a research report on Monday, July 6th. Jefferies Financial Group increased their price target on shares of FactSet Research Systems from $225.00 to $253.00 and gave the stock a "hold" rating in a research note on Thursday, July 2nd. Bank of America upped their price objective on FactSet Research Systems from $205.00 to $210.00 and gave the stock an "underperform" rating in a report on Thursday, July 2nd. Finally, Rothschild & Co Redburn cut FactSet Research Systems from a "neutral" rating to a "sell" rating and set a $215.00 target price on the stock. in a report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average price target of $253.00.

About FactSet Research Systems

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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