OMERS ADMINISTRATION Corp Makes New Investment in FactSet Research Systems Inc. $FDS

OMERS ADMINISTRATION Corp bought a new stake in shares of FactSet Research Systems Inc. (NYSE:FDSFree Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,180 shares of the business services provider’s stock, valued at approximately $1,882,000.

Other large investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of FactSet Research Systems by 444,058.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 13,857,733 shares of the business services provider’s stock valued at $4,021,376,000 after acquiring an additional 13,854,613 shares in the last quarter. BlackRock Inc. bought a new stake in FactSet Research Systems during the second quarter worth approximately $657,658,000. Bamco Inc. NY boosted its position in FactSet Research Systems by 58.8% during the fourth quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider’s stock worth $838,314,000 after purchasing an additional 1,069,786 shares during the period. AQR Capital Management LLC grew its holdings in FactSet Research Systems by 4,547.4% during the fourth quarter. AQR Capital Management LLC now owns 705,062 shares of the business services provider’s stock valued at $204,602,000 after purchasing an additional 689,891 shares during the last quarter. Finally, Bank of Montreal Can raised its position in shares of FactSet Research Systems by 1,843.9% in the fourth quarter. Bank of Montreal Can now owns 597,723 shares of the business services provider’s stock valued at $173,453,000 after purchasing an additional 566,975 shares during the period. Institutional investors own 91.24% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on FDS. Weiss Ratings raised shares of FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, July 13th. Morgan Stanley boosted their target price on shares of FactSet Research Systems from $228.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 2nd. BMO Capital Markets upped their price target on shares of FactSet Research Systems from $257.00 to $275.00 and gave the company a “market perform” rating in a report on Thursday, July 2nd. Jefferies Financial Group lifted their price objective on FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a research note on Thursday, July 2nd. Finally, The Goldman Sachs Group cut FactSet Research Systems from a “sell” rating to an “underweight” rating in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have given a Hold rating and six have given a Sell rating to the company. According to MarketBeat, FactSet Research Systems currently has a consensus rating of “Reduce” and an average target price of $253.00.

Check Out Our Latest Analysis on FactSet Research Systems

FactSet Research Systems Price Performance

NYSE:FDS opened at $295.02 on Thursday. The stock has a market cap of $10.49 billion, a P/E ratio of 19.43, a PEG ratio of 1.99 and a beta of 0.70. FactSet Research Systems Inc. has a one year low of $185.00 and a one year high of $384.33. The company has a fifty day moving average price of $260.88 and a 200 day moving average price of $235.01. 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 (NYSE:FDSGet Free Report) last posted its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.44 by $0.09. The company had revenue of $622.92 million for the quarter, compared to analyst estimates of $617.91 million. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the business posted $4.27 EPS. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Analysts anticipate that FactSet Research Systems Inc. will post 17.76 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Monday, August 31st will be issued a $1.16 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.64 annualized dividend and a yield of 1.6%. FactSet Research Systems’s dividend payout ratio is 30.57%.

FactSet Research Systems Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FactSet Research Systems Inc. (NYSE:FDSFree Report).

Institutional Ownership by Quarter for FactSet Research Systems (NYSE:FDS)

Receive News & Ratings for FactSet Research Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FactSet Research Systems and related companies with MarketBeat.com's FREE daily email newsletter.