FactSet Research Systems Inc. $FDS Stock Holdings Raised by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP boosted its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 289.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,465 shares of the business services provider’s stock after purchasing an additional 1,832 shares during the quarter. Fulcrum Asset Management LLP’s holdings in FactSet Research Systems were worth $641,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. USA Financial Formulas bought a new position in FactSet Research Systems in the third quarter worth about $38,000. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of FactSet Research Systems during the third quarter valued at about $48,000. Parkside Financial Bank & Trust lifted its position in shares of FactSet Research Systems by 31.2% during the second quarter. Parkside Financial Bank & Trust now owns 181 shares of the business services provider’s stock valued at $42,000 after buying an additional 43 shares during the last quarter. Provenance Wealth Advisors LLC purchased a new stake in FactSet Research Systems during the third quarter valued at approximately $54,000. Finally, State of Wyoming purchased a new stake in shares of FactSet Research Systems during the 1st quarter valued at $51,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Analysts Set New Price Targets

FDS has been the subject of a number of recent analyst reports. Royal Bank Of Canada lifted their target price on shares of FactSet Research Systems from $240.00 to $304.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 27th. Wells Fargo & Company increased their price objective on FactSet Research Systems from $250.00 to $290.00 and gave the company an “underweight” rating in a report on Thursday, November 5th. Morgan Stanley raised their price objective on FactSet Research Systems from $300.00 to $321.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Deutsche Bank raised their price objective on FactSet Research Systems from $280.00 to $299.00 and gave the stock a “hold” rating in a research note on Friday, September 11th. Finally, Stifel Nicolaus lifted their target price on FactSet Research Systems from $292.00 to $325.00 and gave the stock a “hold” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, FactSet Research Systems presently has a consensus rating of “Reduce” and an average target price of $284.93.

FactSet Research Systems Stock Down 0.9%

NYSE:FDS opened at $331.96 on Friday. The firm has a market capitalization of $11.70 billion, a P/E ratio of 22.80, a PEG ratio of 1.89 and a beta of 0.69. FactSet Research Systems Inc. has a 1-year low of $185.00 and a 1-year high of $348.00. The company’s fifty day moving average price is $297.90 and its 200-day moving average price is $253.10. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.60 and a quick ratio of 0.60.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Wednesday, September 30th. The business services provider reported $4.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.35 by $0.17. The firm had revenue of $634.70 million during the quarter, compared to analysts’ expectations of $629.83 million. FactSet Research Systems had a net margin of 21.54% and a return on equity of 31.66%. The firm’s revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the company posted $4.05 earnings per share. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. As a group, equities research analysts anticipate that FactSet Research Systems Inc. will post 19.52 EPS for the current year.

FactSet Research Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Monday, November 30th will be given a dividend of $1.16 per share. This represents a $4.64 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, November 30th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 31.87%.

FactSet Research Systems Company Profile

FactSet Research Systems provides financial data, analytics, and workflow technology to investment professionals and businesses. Its platform brings together market and company data, research, and analytical tools to help clients evaluate investments, manage portfolios, and support financial decision-making. The company offers subscription-based products and services, including its workstation, data feeds, application programming interfaces, and portfolio analytics. Its clients include investment managers, investment banks, wealth managers, private equity firms, and corporations.