MGO One Seven LLC Makes New Investment in FactSet Research Systems Inc. $FDS

Key Points

• MGO One Seven LLC acquired 5,825 shares of FactSet Research Systems, valued at approximately $2.6 million, marking a significant investment in the second quarter.
• FactSet's recent quarterly earnings report revealed an EPS of $4.05, which missed analyst expectations, despite revenues increasing by 6.2% compared to the previous year.
• Analysts have mixed ratings on FactSet, with current consensus showing a "Reduce" rating and an average target price of $356.78 following various upgrades and downgrades by different research firms.

MGO One Seven LLC acquired a new position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,825 shares of the business services provider's stock, valued at approximately $2,605,000.

Several other institutional investors also recently bought and sold shares of FDS. SouthState Corp grew its stake in FactSet Research Systems by 1,400.0% during the first quarter. SouthState Corp now owns 60 shares of the business services provider's stock worth $27,000 after buying an additional 56 shares during the period. Caitong International Asset Management Co. Ltd grew its stake in FactSet Research Systems by 4,200.0% during the first 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 period. WPG Advisers LLC purchased a new stake in FactSet Research Systems during the first quarter worth approximately $41,000. Bank of Jackson Hole Trust grew its stake in FactSet Research Systems by 187.9% during the first 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 period. Finally, Golden State Wealth Management LLC grew its stake in FactSet Research Systems by 800.0% during the first quarter. Golden State Wealth Management LLC now owns 99 shares of the business services provider's stock worth $45,000 after buying an additional 88 shares during the period. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on FDS. Evercore ISI decreased their price objective on shares of FactSet Research Systems from $394.00 to $328.00 and set an "in-line" rating for the company in a research note on Friday, September 19th. Zacks Research downgraded shares of FactSet Research Systems from a "hold" rating to a "strong sell" rating in a research note on Tuesday, September 23rd. Rothschild & Co Redburn upgraded shares of FactSet Research Systems from a "sell" rating to a "neutral" rating and decreased their target price for the company from $415.00 to $370.00 in a research note on Friday, September 12th. Morgan Stanley decreased their target price on shares of FactSet Research Systems from $393.00 to $293.00 and set an "underweight" rating for the company in a research note on Friday, September 19th. Finally, Royal Bank Of Canada restated a "sector perform" rating and issued a $503.00 target price on shares of FactSet Research Systems in a research note on Friday, June 20th. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, FactSet Research Systems currently has a consensus rating of "Reduce" and an average target price of $356.78.

Insiders Place Their Bets

In related news, EVP Helen L. Shan acquired 370 shares of FactSet Research Systems stock in a transaction on Monday, October 6th. The shares were purchased at an average cost of $275.48 per share, for a total transaction of $101,927.60. Following the purchase, the executive vice president directly owned 9,284 shares of the company's stock, valued at $2,557,556.32. The trade was a 4.15% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Christopher Mcloughlin bought 338 shares of the company's stock in a transaction on Tuesday, September 23rd. The shares were acquired at an average cost of $296.19 per share, for a total transaction of $100,112.22. Following the completion of the acquisition, the insider directly owned 3,446 shares of the company's stock, valued at $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 Trading Down 0.1%

NYSE FDS opened at $285.63 on Wednesday. FactSet Research Systems Inc. has a 12 month low of $272.50 and a 12 month high of $499.87. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.40 and a quick ratio of 1.47. The company has a market capitalization of $10.80 billion, a price-to-earnings ratio of 18.37, a price-to-earnings-growth ratio of 2.11 and a beta of 0.79. The company's fifty day moving average price is $339.31 and its two-hundred day moving average price is $401.76.

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

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Friday, August 29th were paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Friday, August 29th. FactSet Research Systems's dividend payout ratio is 28.30%.

About FactSet Research Systems

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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