Principal Financial Group Inc. grew its stake in shares of FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 5.0% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 45,209 shares of the business services provider’s stock after acquiring an additional 2,137 shares during the period. Principal Financial Group Inc. owned about 0.12% of FactSet Research Systems worth $9,810,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of the company. Cromwell Holdings LLC bought a new stake in FactSet Research Systems during the 4th quarter valued at $26,000. WPG Advisers LLC grew its position in shares of FactSet Research Systems by 76.9% during the 4th quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock worth $27,000 after buying an additional 40 shares in the last quarter. Field & Main Bank bought a new position in shares of FactSet Research Systems during the 4th quarter worth $29,000. BOKF NA increased its stake in shares of FactSet Research Systems by 5,100.0% during the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock valued at $30,000 after buying an additional 102 shares during the period. Finally, Navalign LLC bought a new stake in shares of FactSet Research Systems in the fourth quarter valued at about $32,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.
More FactSet Research Systems News
Here are the key news stories impacting FactSet Research Systems this week:
- Positive Sentiment: FactSet said Curi adopted its portfolio analytics suite, expanding FactSet’s reach in the insurance market and signaling continued demand for its data and analytics products. FactSet (FDS) Expands Insurance Reach As Curi Adopts Its Portfolio Analytics Suite
- Positive Sentiment: Zacks Research raised earnings estimates for multiple upcoming periods, including FY2026, FY2027, and FY2028, suggesting expectations for stronger profitability ahead.
- Positive Sentiment: The company’s recent quarterly results beat Wall Street expectations on both EPS and revenue, which supports the view that FactSet’s business remains resilient.
- Neutral Sentiment: Analysts’ estimate changes for individual quarters were mixed, with some near-term revisions slightly lower and others higher, so the impact is more incremental than transformative.
FactSet Research Systems Price Performance
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 EPS for the quarter, beating the consensus estimate of $4.44 by $0.09. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The business had revenue of $622.92 million during the quarter, compared to analyst estimates of $617.91 million. During the same period in the prior year, the firm posted $4.27 earnings per share. The company’s quarterly revenue was up 6.4% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Research analysts anticipate that FactSet Research Systems Inc. will post 17.76 earnings per share for the current fiscal year.
FactSet Research Systems Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, May 29th were given a dividend of $1.16 per share. The ex-dividend date of this dividend was Friday, May 29th. This is a positive change from FactSet Research Systems’s previous quarterly dividend of $1.10. This represents a $4.64 dividend on an annualized basis and a yield of 1.8%. FactSet Research Systems’s dividend payout ratio is currently 30.57%.
Analysts Set New Price Targets
Several brokerages have issued reports on FDS. BMO Capital Markets increased their target price on shares of FactSet Research Systems from $257.00 to $275.00 and gave the stock a “market perform” rating in a report on Thursday, July 2nd. Royal Bank Of Canada restated a “sector perform” rating and issued a $240.00 price target on shares of FactSet Research Systems in a report on Thursday, July 2nd. Wells Fargo & Company upped their price target on shares of FactSet Research Systems from $200.00 to $210.00 and gave the stock an “underweight” rating in a research report on Thursday, July 2nd. Rothschild & Co Redburn downgraded shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price objective on the stock. in a research note on Thursday, June 18th. Finally, Weiss Ratings raised shares of FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, July 13th. 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 stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $253.00.
Check Out Our Latest Report on FactSet Research Systems
About FactSet Research Systems
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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