The Manufacturers Life Insurance Company Lowers Stake in FactSet Research Systems Inc. $FDS

The Manufacturers Life Insurance Company lowered its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 80.6% during the 1st quarter, HoldingsChannel reports. The fund owned 26,809 shares of the business services provider’s stock after selling 111,051 shares during the period. The Manufacturers Life Insurance Company’s holdings in FactSet Research Systems were worth $5,817,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. WPG Advisers LLC lifted its holdings in shares of FactSet Research Systems by 76.9% during the fourth quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 40 shares during the last quarter. Field & Main Bank purchased a new stake in shares of FactSet Research Systems in the 4th quarter worth approximately $29,000. BOKF NA grew its stake in shares of FactSet Research Systems by 5,100.0% in the 3rd quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after buying an additional 102 shares during the last quarter. Navalign LLC bought a new position in FactSet Research Systems during the 4th quarter valued at approximately $32,000. Finally, Litman Gregory Wealth Management LLC bought a new position in FactSet Research Systems during the 4th quarter valued at approximately $32,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Performance

FDS stock opened at $278.21 on Thursday. The stock has a market capitalization of $9.90 billion, a PE ratio of 18.33, a price-to-earnings-growth ratio of 1.84 and a beta of 0.70. FactSet Research Systems Inc. has a 12-month low of $185.00 and a 12-month high of $396.06. 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’s 50 day simple moving average is $248.20 and its 200 day simple moving average is $232.34.

FactSet Research Systems (NYSE:FDS) last posted 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 business had revenue of $622.92 million during the quarter, compared to analyst estimates of $617.91 million. During the same quarter last year, the company earned $4.27 EPS. The company’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. As a group, research analysts forecast that FactSet Research Systems Inc. will post 17.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on FDS. Bank of America boosted their target price on FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a report on Thursday, July 2nd. Weiss Ratings upgraded FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, July 13th. BMO Capital Markets lifted their price target 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. Jefferies Financial Group upped their price target on shares of 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, UBS Group reissued a “buy” rating on shares of FactSet Research Systems in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have assigned a Hold rating and six have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $253.00.

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.