Militia Capital Management LLC bought a new position in FactSet Research Systems Inc. (NYSE:FDS – Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 15,398 shares of the business services provider’s stock, valued at approximately $3,341,000.
Several other institutional investors and hedge funds also recently made changes to their positions in FDS. Northwestern Mutual Wealth Management Co. lifted its position in shares of FactSet Research Systems by 444,058.1% during the fourth 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 purchasing an additional 13,854,613 shares in the last quarter. Bamco Inc. NY grew its position in FactSet Research Systems by 58.8% in the 4th 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 in the last quarter. State Street Corp grew its position in FactSet Research Systems by 1.2% in the 3rd quarter. State Street Corp now owns 1,961,231 shares of the business services provider’s stock worth $561,873,000 after purchasing an additional 23,660 shares in the last quarter. Invesco Ltd. grew its position in FactSet Research Systems by 16.2% in the 3rd quarter. Invesco Ltd. now owns 793,832 shares of the business services provider’s stock worth $227,425,000 after purchasing an additional 110,686 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of FactSet Research Systems by 4,547.4% during the 4th quarter. AQR Capital Management LLC now owns 705,062 shares of the business services provider’s stock worth $204,602,000 after buying an additional 689,891 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.
Analyst Upgrades and Downgrades
FDS has been the topic of a number of research analyst reports. Jefferies Financial Group boosted their target price 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. Royal Bank Of Canada reiterated a “sector perform” rating and set a $240.00 price target on shares of FactSet Research Systems in a report on Thursday, July 2nd. BMO Capital Markets boosted their price objective 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. Wells Fargo & Company raised their target price on FactSet Research Systems from $200.00 to $210.00 and gave the company an “underweight” rating in a research report on Thursday, July 2nd. Finally, Rothschild & Co Redburn downgraded shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price target on the stock. in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have assigned a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $253.00.
FactSet Research Systems Trading Down 0.6%
NYSE:FDS opened at $245.39 on Thursday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $8.73 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 1.66 and a beta of 0.72. The firm’s 50 day moving average is $239.37 and its 200 day moving average is $234.02. FactSet Research Systems Inc. has a 12 month low of $185.00 and a 12 month high of $424.62.
FactSet Research Systems (NYSE:FDS – Get Free Report) last posted its quarterly earnings data 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 return on equity of 30.68% and a net margin of 23.21%.The business had revenue of $622.92 million for the quarter, compared to the consensus estimate of $617.91 million. During the same quarter in the prior year, the business earned $4.27 earnings per share. FactSet Research Systems’s revenue for the quarter 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. Sell-side analysts expect that FactSet Research Systems Inc. will post 17.75 earnings per share for the current year.
FactSet Research Systems Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders 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 represents a $4.64 dividend on an annualized basis and a dividend yield of 1.9%. This is a boost from FactSet Research Systems’s previous quarterly dividend of $1.10. FactSet Research Systems’s payout ratio is currently 30.57%.
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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