OneDigital Investment Advisors LLC acquired a new position in shares of FactSet Research Systems Inc. (NYSE:FDS – Free Report) in the 2nd quarter, HoldingsChannel reports. The fund acquired 4,138 shares of the business services provider’s stock, valued at approximately $952,000.
Several other institutional investors have also recently bought and sold shares of the company. WPG Advisers LLC boosted its holdings in 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 acquiring an additional 40 shares during the period. Field & Main Bank bought a new position in shares of FactSet Research Systems in the fourth quarter worth about $29,000. BOKF NA increased its stake in shares of FactSet Research Systems by 5,100.0% in the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after purchasing an additional 102 shares during the period. Navalign LLC acquired a new position in shares of FactSet Research Systems during the 4th quarter worth about $32,000. Finally, Litman Gregory Wealth Management LLC bought a new stake in FactSet Research Systems during the 4th quarter valued at approximately $32,000. Institutional investors own 91.24% of the company’s stock.
Analyst Ratings Changes
FDS has been the topic of a number of research analyst reports. 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 report on Thursday, July 2nd. Rothschild & Co Redburn cut FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price objective for the company. in a research report on Thursday, June 18th. Barclays increased their price objective on FactSet Research Systems from $210.00 to $216.00 and gave the company an “underweight” rating in a research report on Monday, July 6th. Jefferies Financial Group boosted their target price on shares of FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a research report on Thursday, July 2nd. Finally, Bank of America boosted their target price on shares of FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research report on Thursday, July 2nd. One investment 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 stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $253.00.
FactSet Research Systems Stock Down 2.2%
NYSE FDS opened at $277.28 on Tuesday. FactSet Research Systems Inc. has a twelve month low of $185.00 and a twelve month high of $387.75. The stock has a market cap of $9.86 billion, a PE ratio of 18.27, a PEG ratio of 1.90 and a beta of 0.70. The firm has a 50-day simple moving average of $252.84 and a 200 day simple moving average of $232.23. 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 (NYSE:FDS – Get Free Report) last issued its quarterly 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. The firm had revenue of $622.92 million for the quarter, compared to analyst estimates of $617.91 million. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the company posted $4.27 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, research analysts forecast that FactSet Research Systems Inc. will post 17.76 EPS for the current year.
FactSet Research Systems Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Monday, August 31st will be given a dividend of $1.16 per share. The ex-dividend date is Monday, August 31st. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.7%. FactSet Research Systems’s payout ratio is currently 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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