OneDigital Investment Advisors LLC Takes $952,000 Position in FactSet Research Systems Inc. $FDS

Key Points

• OneDigital Investment Advisors acquired 4,138 FactSet shares worth approximately $952,000 in the second quarter. Institutional investors and hedge funds collectively own 91.24% of the company.
• FactSet exceeded quarterly estimates, reporting $4.53 in EPS and $622.92 million in revenue, with revenue up 6.4% year over year. The company also declared a quarterly dividend of $1.16 per share, equal to a 1.7% annualized yield.
• Analyst sentiment remains cautious: FactSet has an average “Reduce” rating and a consensus price target of $253, below its reported opening price of $277.28.

OneDigital Investment Advisors 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 Form 13F filing with the SEC. The firm acquired 4,138 shares of the business services provider's stock, valued at approximately $952,000.

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

FactSet Research Systems Stock Down 2.2%

FactSet Research Systems stock opened at $277.28 on Tuesday. 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 $387.75. The firm's fifty day simple moving average is $252.84 and its 200-day simple moving average is $232.23. The company has a market capitalization of $9.86 billion, a P/E ratio of 18.27, a P/E/G ratio of 1.90 and a beta of 0.70.

FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its quarterly earnings data 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 net margin of 23.21% and a return on equity of 30.68%. FactSet Research Systems's revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the prior year, the company posted $4.27 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Sell-side 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 disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Monday, August 31st will be issued a dividend of $1.16 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.7%. FactSet Research Systems's dividend payout ratio is currently 30.57%.

Analyst Ratings Changes

FDS has been the topic of a number of recent analyst reports. Rothschild & Co Redburn lowered shares of FactSet Research Systems from a "neutral" rating to a "sell" rating and set a $215.00 price target on the stock. in a report on Thursday, June 18th. The Goldman Sachs Group cut shares of FactSet Research Systems from a "sell" rating to an "underweight" rating in a research report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of FactSet Research Systems from $275.00 to $280.00 and gave the company a "hold" rating in a research note on Thursday, July 2nd. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $240.00 target price on shares of FactSet Research Systems in a research report on Thursday, July 2nd. Finally, Weiss Ratings upgraded FactSet Research Systems from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have assigned a Hold rating and six have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Reduce" and an average target price of $253.00.

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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