Csenge Advisory Group Buys New Stake in FactSet Research Systems Inc. $FDS

Csenge Advisory Group bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,111 shares of the business services provider’s stock, valued at approximately $570,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Bamco Inc. NY bought a new position in shares of FactSet Research Systems during the second quarter valued at $966,533,000. BlackRock Inc. bought a new position in FactSet Research Systems during the 2nd quarter worth $657,658,000. Bank of America Corp DE bought a new position in FactSet Research Systems during the 2nd quarter worth $176,141,000. Bank of New York Mellon Corp acquired a new position in FactSet Research Systems during the 2nd quarter worth about $68,587,000. Finally, Equity Investment Corp acquired a new stake in shares of FactSet Research Systems in the second quarter valued at about $65,626,000. 91.24% of the stock is owned by institutional investors.

FactSet Research Systems Price Performance

Shares of FDS opened at $333.10 on Friday. FactSet Research Systems Inc. has a 52-week low of $185.00 and a 52-week high of $348.00. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.60 and a current ratio of 0.60. The business’s 50 day moving average price is $298.31 and its two-hundred day moving average price is $253.42. The firm has a market cap of $11.75 billion, a PE ratio of 22.88, a price-to-earnings-growth ratio of 1.82 and a beta of 0.69.

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

FactSet Research Systems Announces Dividend

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on FDS. Barclays raised their price objective on FactSet Research Systems from $250.00 to $305.00 and gave the stock an “underweight” rating in a research report on Friday, November 6th. Deutsche Bank increased their target price on shares of FactSet Research Systems from $280.00 to $299.00 and gave the company a “hold” rating in a research report on Friday, September 11th. UBS Group boosted their price target on shares of FactSet Research Systems from $340.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday. William Blair raised shares of FactSet Research Systems from a “market perform” rating to an “outperform” rating in a research note on Tuesday, September 8th. Finally, BMO Capital Markets upped their price objective on shares of FactSet Research Systems from $300.00 to $314.00 and gave the company a “market perform” rating in a research note on Tuesday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have assigned a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $284.93.

About FactSet Research Systems

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.