PNC Financial Services Group Inc. boosted its stake in FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 8.2% in the 1st quarter, Holdings Channel reports. The firm owned 29,108 shares of the business services provider’s stock after buying an additional 2,216 shares during the quarter. PNC Financial Services Group Inc.’s holdings in FactSet Research Systems were worth $6,316,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in FDS. Cromwell Holdings LLC acquired a new stake in shares of FactSet Research Systems in the fourth quarter valued at about $26,000. WPG Advisers LLC lifted its position in 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 acquiring an additional 40 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in FactSet Research Systems by 188.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock worth $45,000 after acquiring an additional 64 shares during the period. Field & Main Bank purchased a new position in FactSet Research Systems in the 4th quarter worth approximately $29,000. Finally, BOKF NA grew its position in FactSet Research Systems by 5,100.0% in the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 102 shares in the last quarter. 91.24% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts have recently issued reports on FDS shares. Rothschild & Co Redburn lowered 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. Bank of America lifted their price target on shares of FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research note on Thursday, July 2nd. Morgan Stanley upped their price objective on shares of FactSet Research Systems from $228.00 to $230.00 and gave the company an “equal weight” rating in a research report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft raised their target price on FactSet Research Systems from $275.00 to $280.00 and gave the company a “hold” rating in a research note on Thursday, July 2nd. Finally, Barclays lifted their target price on FactSet Research Systems from $210.00 to $216.00 and gave the stock an “underweight” rating in a research report on Monday, July 6th. One investment 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 stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $253.00.
Trending Headlines about FactSet Research Systems
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 Up 0.1%
Shares of FactSet Research Systems stock opened at $254.61 on Monday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.44. The firm has a market cap of $9.06 billion, a P/E ratio of 16.77, a P/E/G ratio of 1.71 and a beta of 0.72. FactSet Research Systems Inc. has a fifty-two week low of $185.00 and a fifty-two week high of $424.62. The business has a 50-day moving average price of $241.09 and a 200 day moving average price of $233.51.
FactSet Research Systems (NYSE:FDS – Get Free Report) last released its earnings results on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $617.91 million. During the same quarter last year, the business posted $4.27 EPS. FactSet Research Systems’s quarterly revenue was up 6.4% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, sell-side analysts forecast 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 declared 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 represents a $4.64 annualized dividend and a dividend yield of 1.8%. This is an increase from FactSet Research Systems’s previous quarterly dividend of $1.10. FactSet Research Systems’s dividend payout ratio is currently 30.57%.
FactSet Research Systems Company 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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