Running Oak Capital LLC raised its stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 7.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,263 shares of the business services provider's stock after acquiring an additional 2,365 shares during the quarter. Running Oak Capital LLC owned approximately 0.10% of FactSet Research Systems worth $16,220,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in FactSet Research Systems by 3.0% in the first quarter. Vanguard Group Inc. now owns 4,795,354 shares of the business services provider's stock valued at $2,180,160,000 after buying an additional 137,874 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of FactSet Research Systems by 4.4% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 528,045 shares of the business services provider's stock valued at $240,070,000 after acquiring an additional 22,458 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of FactSet Research Systems by 0.9% during the 1st quarter. JPMorgan Chase & Co. now owns 505,761 shares of the business services provider's stock valued at $229,940,000 after acquiring an additional 4,693 shares in the last quarter. Invesco Ltd. grew its position in FactSet Research Systems by 7.6% during the 1st quarter. Invesco Ltd. now owns 490,698 shares of the business services provider's stock worth $223,091,000 after acquiring an additional 34,549 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in FactSet Research Systems by 1.9% in the 1st quarter. Northern Trust Corp now owns 405,616 shares of the business services provider's stock worth $184,409,000 after purchasing an additional 7,436 shares in the last quarter. 91.24% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 2,500 shares of the firm's stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $442.60, for a total value of $1,106,500.00. Following the completion of the sale, the chief accounting officer directly owned 44 shares in the company, valued at approximately $19,474.40. This trade represents a 98.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Christopher R. Ellis sold 7,606 shares of the company's stock in a transaction dated Tuesday, July 8th. The shares were sold at an average price of $446.84, for a total transaction of $3,398,665.04. Following the transaction, the executive vice president owned 23,952 shares in the company, valued at $10,702,711.68. This represents a 24.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,031 shares of company stock valued at $5,825,481 over the last 90 days. 1.10% of the stock is currently owned by corporate insiders.
FactSet Research Systems Trading Up 0.2%
FDS opened at $282.44 on Monday. FactSet Research Systems Inc. has a twelve month low of $280.03 and a twelve month high of $499.87. The company has a fifty day moving average of $356.24 and a 200-day moving average of $409.29. The stock has a market cap of $10.68 billion, a PE ratio of 18.16, a price-to-earnings-growth ratio of 2.08 and a beta of 0.79. The company has a quick ratio of 1.47, a current ratio of 1.40 and a debt-to-equity ratio of 0.63.
FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its quarterly earnings results 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 firm had revenue of $596.90 million for the quarter, compared to the consensus estimate of $593.32 million. During the same period last year, the company posted $3.74 EPS. The business'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. On average, sell-side analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current year.
FactSet Research Systems Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Friday, August 29th were paid a $1.10 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $4.40 annualized dividend and a yield of 1.6%. FactSet Research Systems's payout ratio is 28.30%.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the company. Rothschild & Co Redburn upgraded FactSet Research Systems from a "sell" rating to a "neutral" rating and reduced their price target for the stock from $415.00 to $370.00 in a report on Friday, September 12th. Evercore ISI reduced their target price on shares of FactSet Research Systems from $394.00 to $328.00 and set an "in-line" rating on the stock in a report on Friday, September 19th. Stifel Nicolaus dropped their price target on shares of FactSet Research Systems from $464.00 to $372.00 and set a "hold" rating for the company in a research note on Friday, September 19th. UBS Group raised shares of FactSet Research Systems from a "neutral" rating to a "buy" rating and reduced their price objective for the stock from $480.00 to $425.00 in a research note on Monday, September 22nd. Finally, Raymond James Financial upgraded FactSet Research Systems from an "underperform" rating to a "market perform" rating in a report on Thursday, June 26th. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Reduce" and a consensus price target of $359.10.
View Our Latest Analysis on FDS
About FactSet Research Systems
(
Free Report)
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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