Systematic Financial Management LP bought a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 43,489 shares of the business services provider’s stock, valued at approximately $9,437,000.
Several other hedge funds and other institutional investors have also 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% in 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 acquiring an additional 13,854,613 shares in the last quarter. Bamco Inc. NY increased its position in shares of 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 in the last quarter. AQR Capital Management LLC raised its stake in FactSet Research Systems by 4,547.4% in the 4th 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. Bank of Montreal Can raised its stake in FactSet Research Systems by 1,843.9% in the 4th 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 last quarter. Finally, Norges Bank acquired a new position in FactSet Research Systems in the 4th quarter valued at $151,492,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on FDS shares. The Goldman Sachs Group cut shares of FactSet Research Systems from a “sell” rating to an “underweight” rating in a research note on Thursday, June 18th. BMO Capital Markets increased their target price on shares of FactSet Research Systems from $257.00 to $275.00 and gave the company a “market perform” rating in a research report on Thursday, July 2nd. Bank of America increased their target price on shares of FactSet Research Systems from $205.00 to $210.00 and gave the company an “underperform” rating in a research report on Thursday, July 2nd. Morgan Stanley raised their price target on shares of FactSet Research Systems from $228.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 2nd. Finally, Wells Fargo & Company boosted 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. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $253.00.
Key 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 Stock Performance
Shares of FactSet Research Systems stock opened at $254.61 on Friday. The business’s 50 day moving average price is $241.09 and its 200 day moving average price is $233.88. The company has a market cap of $9.06 billion, a price-to-earnings ratio of 16.77, a PEG ratio of 1.64 and a beta of 0.72. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.68. FactSet Research Systems Inc. has a one year low of $185.00 and a one year high of $424.62.
FactSet Research Systems (NYSE:FDS – Get Free Report) last issued its earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (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 company had revenue of $622.92 million during the quarter, compared to analysts’ expectations of $617.91 million. During the same period in the prior year, the business earned $4.27 EPS. The firm’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. On average, research analysts predict that FactSet Research Systems Inc. will post 17.76 EPS 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. This represents a $4.64 annualized dividend and a dividend yield of 1.8%. 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. FactSet Research Systems’s dividend payout ratio is presently 30.57%.
FactSet Research Systems Profile
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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