Paralel Advisors LLC Invests $2.44 Million in FactSet Research Systems Inc. $FDS

Key Points

• Paralel Advisors LLC purchased 10,624 FactSet shares in the second quarter, valued at approximately $2.44 million. Institutional investors and hedge funds collectively own 91.24% of FDS.
• FactSet reported quarterly revenue of $622.92 million and earnings of $4.53 per share, exceeding analyst estimates, while revenue increased 6.4% year over year. The company set fiscal 2026 EPS guidance at $17.25–$17.75.
• Analyst sentiment remains cautious, with an average rating of “Reduce” and a consensus price target of $253, below the reported share price of $298.45. FactSet also announced a quarterly dividend of $1.16 per share, representing a 1.6% annualized yield.

Paralel Advisors LLC purchased a new stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 10,624 shares of the business services provider's stock, valued at approximately $2,444,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FDS. WPG Advisers LLC grew its position in FactSet Research Systems by 76.9% during the fourth quarter. WPG Advisers LLC now owns 92 shares of the business services provider's stock worth $27,000 after buying an additional 40 shares during the period. Field & Main Bank acquired a new stake in shares of FactSet Research Systems during the 4th quarter valued at approximately $29,000. BOKF NA lifted its position in shares of FactSet Research Systems by 5,100.0% during the 3rd quarter. BOKF NA now owns 104 shares of the business services provider's stock valued at $30,000 after acquiring an additional 102 shares during the period. Navalign LLC purchased a new stake in shares of FactSet Research Systems during the 4th quarter worth approximately $32,000. Finally, Litman Gregory Wealth Management LLC purchased a new stake in shares of FactSet Research Systems during the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 91.24% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in 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. BMO Capital Markets boosted their target price on FactSet Research Systems from $257.00 to $275.00 and gave the stock a "market perform" rating in a research report on Thursday, July 2nd. Bank of America upped their target price on FactSet Research Systems from $205.00 to $210.00 and gave the company an "underperform" rating in a report on Thursday, July 2nd. Rothschild & Co Redburn cut FactSet Research Systems from a "neutral" rating to a "sell" rating and set a $215.00 price target for the company. in a research report on Thursday, June 18th. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $240.00 price target on shares of FactSet Research Systems in a research note on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have assigned a Hold rating and six have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Reduce" and a consensus target price of $253.00.

FactSet Research Systems Trading Up 0.1%

Shares of FactSet Research Systems stock opened at $298.45 on Friday. The business has a 50 day moving average price of $255.86 and a 200 day moving average price of $232.97. The company has a market capitalization of $10.62 billion, a P/E ratio of 19.66, a P/E/G ratio of 2.00 and a beta of 0.70. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $387.20.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, topping the consensus estimate of $4.44 by $0.09. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The company had revenue of $622.92 million during the quarter, compared to the consensus estimate of $617.91 million. During the same quarter last year, the business posted $4.27 earnings per share. FactSet Research Systems's revenue was up 6.4% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.76 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently disclosed 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. This represents a $4.64 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, August 31st. FactSet Research Systems's dividend payout ratio (DPR) is currently 30.57%.

FactSet Research Systems Company 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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