Waverly Advisors LLC Trims Position in FactSet Research Systems Inc. $FDS

Waverly Advisors LLC reduced its position in FactSet Research Systems Inc. (NYSE:FDS) by 40.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 4,099 shares of the business services provider’s stock after selling 2,830 shares during the period. Waverly Advisors LLC’s holdings in FactSet Research Systems were worth $889,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Mattern Capital Management LLC lifted its position in FactSet Research Systems by 48.8% during the fourth quarter. Mattern Capital Management LLC now owns 30,391 shares of the business services provider’s stock worth $8,819,000 after buying an additional 9,971 shares during the period. Element Squared LLC acquired a new position in shares of FactSet Research Systems during the 4th quarter valued at about $2,376,000. Ticino Wealth acquired a new position in shares of FactSet Research Systems during the 4th quarter valued at about $1,946,000. Argo Wealth Advisory LLC purchased a new position in shares of FactSet Research Systems during the 4th quarter worth about $1,622,000. Finally, Investment House LLC lifted its holdings in shares of FactSet Research Systems by 311.5% during the 4th quarter. Investment House LLC now owns 42,393 shares of the business services provider’s stock worth $12,302,000 after acquiring an additional 32,092 shares during the period. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Stock Performance

FactSet Research Systems stock opened at $263.66 on Friday. The company has a market cap of $9.38 billion, a PE ratio of 17.37, a P/E/G ratio of 1.77 and a beta of 0.72. The company has a fifty day moving average price of $245.74 and a two-hundred day moving average price of $233.17. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68. FactSet Research Systems Inc. has a 12 month low of $185.00 and a 12 month high of $409.16.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, beating the consensus estimate of $4.44 by $0.09. The firm had revenue of $622.92 million during the quarter, compared to analyst estimates of $617.91 million. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.27 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Research analysts expect that FactSet Research Systems Inc. will post 17.76 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have commented on FDS. Rothschild & Co Redburn cut 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. Royal Bank Of Canada reissued a “sector perform” rating and issued a $240.00 target price on shares of FactSet Research Systems in a research report on Thursday, July 2nd. Barclays upped their target price on shares of FactSet Research Systems from $210.00 to $216.00 and gave the company an “underweight” rating in a research note on Monday, July 6th. Morgan Stanley increased their price target on shares of FactSet Research Systems from $228.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 2nd. Finally, 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 note on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have assigned a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average 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.