Royal London Asset Management Ltd. Sells 4,324 Shares of FactSet Research Systems Inc. $FDS

Royal London Asset Management Ltd. trimmed its position in FactSet Research Systems Inc. (NYSE:FDS) by 2.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 149,640 shares of the business services provider’s stock after selling 4,324 shares during the period. Royal London Asset Management Ltd. owned about 0.42% of FactSet Research Systems worth $34,429,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Mufg Securities Americas Inc. increased its position in shares of FactSet Research Systems by 6.8% during the 2nd quarter. Mufg Securities Americas Inc. now owns 1,097 shares of the business services provider’s stock valued at $252,000 after purchasing an additional 70 shares during the last quarter. Kingsview Wealth Management LLC purchased a new position in shares of FactSet Research Systems in the second quarter worth approximately $4,954,000. Empowered Funds LLC bought a new stake in FactSet Research Systems during the second quarter valued at approximately $263,000. United Capital Financial Advisors LLC bought a new stake in FactSet Research Systems during the second quarter valued at approximately $797,000. Finally, Caitlin John LLC purchased a new stake in FactSet Research Systems during the second quarter valued at approximately $889,000. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Price Performance

NYSE:FDS opened at $309.63 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.44. The business’s 50-day simple moving average is $264.27 and its two-hundred day simple moving average is $236.21. The stock has a market cap of $11.01 billion, a PE ratio of 20.40, a P/E/G ratio of 2.07 and a beta of 0.70. FactSet Research Systems Inc. has a 52 week low of $185.00 and a 52 week high of $377.07.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $617.91 million. During the same period in the previous year, the business earned $4.27 earnings per share. The business’s revenue was up 6.4% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. As a group, analysts forecast that FactSet Research Systems Inc. will post 17.76 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Monday, August 31st will be paid a $1.16 dividend. This represents a $4.64 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, August 31st. FactSet Research Systems’s dividend payout ratio is presently 30.57%.

Analyst Ratings Changes

FDS has been the topic of several analyst reports. Bank of America lifted their price target on shares of FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research note on Thursday, July 2nd. Rothschild & Co Redburn lowered FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price objective for the company. in a research note on Thursday, June 18th. Wells Fargo & Company raised their target price on FactSet Research Systems from $200.00 to $210.00 and gave the stock an “underweight” rating in a report on Thursday, July 2nd. Morgan Stanley lifted their target price on FactSet Research Systems from $228.00 to $230.00 and gave the company an “equal weight” rating in a research report on Thursday, July 2nd. Finally, Barclays boosted their price target on FactSet Research Systems from $210.00 to $216.00 and gave the company an “underweight” rating in a report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $257.57.

About FactSet Research Systems

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.