Resona Asset Management Co. Ltd. Acquires 1,397 Shares of FactSet Research Systems Inc. $FDS

Resona Asset Management Co. Ltd. grew its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 8.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,438 shares of the business services provider’s stock after acquiring an additional 1,397 shares during the period. Resona Asset Management Co. Ltd.’s holdings in FactSet Research Systems were worth $7,762,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in FDS. Vanguard Group Inc. lifted its holdings in FactSet Research Systems by 3.0% in the 1st quarter. Vanguard Group Inc. now owns 4,795,354 shares of the business services provider’s stock worth $2,180,160,000 after purchasing an additional 137,874 shares in the last quarter. Nuveen LLC bought a new stake in shares of FactSet Research Systems during the first quarter valued at approximately $54,148,000. Millennium Management LLC lifted its holdings in shares of FactSet Research Systems by 58.6% in the first quarter. Millennium Management LLC now owns 110,409 shares of the business services provider’s stock worth $50,196,000 after buying an additional 40,800 shares in the last quarter. Woodline Partners LP boosted its position in shares of FactSet Research Systems by 1,560.4% during the first quarter. Woodline Partners LP now owns 37,891 shares of the business services provider’s stock worth $17,227,000 after acquiring an additional 35,609 shares during the last quarter. Finally, Invesco Ltd. boosted its position in shares of FactSet Research Systems by 7.6% during the first 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. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Insider Transactions at FactSet Research Systems

In other news, EVP Helen L. Shan purchased 370 shares of the business’s stock in a transaction that occurred on Monday, October 6th. The shares were bought at an average cost of $275.48 per share, for a total transaction of $101,927.60. Following the acquisition, the executive vice president owned 9,284 shares of the company’s stock, valued at approximately $2,557,556.32. This trade represents a 4.15% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Christopher Mcloughlin acquired 338 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The stock was purchased at an average cost of $296.19 per share, with a total value of $100,112.22. Following the purchase, the insider owned 3,446 shares of the company’s stock, valued at $1,020,670.74. The trade was a 10.88% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.20% of the stock is currently owned by insiders.

FactSet Research Systems Price Performance

NYSE:FDS opened at $262.60 on Friday. The firm has a market capitalization of $9.83 billion, a price-to-earnings ratio of 16.89, a PEG ratio of 2.73 and a beta of 0.77. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.40 and a quick ratio of 1.40. The business has a 50 day simple moving average of $302.74 and a 200-day simple moving average of $382.74. FactSet Research Systems Inc. has a 1 year low of $250.50 and a 1 year high of $499.87.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Thursday, September 18th. The business services provider reported $4.05 earnings per share for the quarter, missing the consensus estimate of $4.13 by ($0.08). The company had revenue of $596.90 million for the quarter, compared to analysts’ expectations of $593.32 million. FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The business’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.74 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Equities analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Friday, November 28th will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, November 28th. FactSet Research Systems’s dividend payout ratio (DPR) is 28.30%.

Wall Street Analysts Forecast Growth

Several analysts have commented on FDS shares. Rothschild & Co Redburn upgraded shares of FactSet Research Systems from a “sell” rating to a “neutral” rating and decreased their price target for the stock from $415.00 to $370.00 in a research note on Friday, September 12th. UBS Group upgraded FactSet Research Systems from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $480.00 to $425.00 in a research report on Monday, September 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of FactSet Research Systems in a report on Wednesday, October 8th. BMO Capital Markets decreased their price objective on FactSet Research Systems from $452.00 to $324.00 and set a “market perform” rating on the stock in a report on Friday, September 19th. Finally, Evercore ISI lowered their target price on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating for the company in a research report on Friday, September 19th. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, FactSet Research Systems has a consensus rating of “Reduce” and an average target price of $356.78.

FactSet Research Systems Profile

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.