FactSet Research Systems Inc. $FDS Shares Acquired by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lifted its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 1.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,990 shares of the business services provider’s stock after buying an additional 241 shares during the period. Asset Management One Co. Ltd.’s holdings in FactSet Research Systems were worth $7,152,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of FactSet Research Systems by 3.0% during the first quarter. Vanguard Group Inc. now owns 4,795,354 shares of the business services provider’s stock worth $2,180,160,000 after buying an additional 137,874 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of FactSet Research Systems by 4.4% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 528,045 shares of the business services provider’s stock worth $240,070,000 after buying an additional 22,458 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of FactSet Research Systems by 0.9% during the first quarter. JPMorgan Chase & Co. now owns 505,761 shares of the business services provider’s stock worth $229,940,000 after buying an additional 4,693 shares during the period. Invesco Ltd. lifted its stake in shares of FactSet Research Systems by 7.6% during the first quarter. Invesco Ltd. now owns 490,698 shares of the business services provider’s stock worth $223,091,000 after buying an additional 34,549 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of FactSet Research Systems by 1.9% during the first quarter. Northern Trust Corp now owns 405,616 shares of the business services provider’s stock worth $184,409,000 after buying an additional 7,436 shares during the period. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FDS has been the subject of several research reports. Zacks Research downgraded shares of FactSet Research Systems from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 23rd. Morgan Stanley reduced their target price on shares of FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating for the company in a report on Friday, September 19th. BMO Capital Markets reduced their target price on shares of FactSet Research Systems from $452.00 to $324.00 and set a “market perform” rating for the company in a report on Friday, September 19th. Stifel Nicolaus reduced their target price on shares of FactSet Research Systems from $464.00 to $372.00 and set a “hold” rating for the company in a report on Friday, September 19th. Finally, Barclays reduced their target price on shares of FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating for the company in a report on Friday, September 19th. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $356.78.

Insider Activity

In related news, EVP Helen L. Shan bought 370 shares of the company’s stock in a transaction dated Monday, October 6th. The shares were acquired at an average price of $275.48 per share, for a total transaction of $101,927.60. Following the completion of the transaction, the executive vice president directly owned 9,284 shares in the company, valued at $2,557,556.32. This trade represents a 4.15% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Christopher Mcloughlin bought 338 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The stock was bought at an average price of $296.19 per share, for a total transaction of $100,112.22. Following the transaction, the insider owned 3,446 shares of the company’s stock, valued at approximately $1,020,670.74. This trade represents a 10.88% increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.10% of the stock is owned by company insiders.

FactSet Research Systems Stock Up 1.8%

FDS opened at $290.30 on Tuesday. FactSet Research Systems Inc. has a fifty-two week low of $272.50 and a fifty-two week high of $499.87. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.40 and a current ratio of 1.40. The company has a fifty day moving average of $323.02 and a two-hundred day moving average of $392.78. The stock has a market capitalization of $10.87 billion, a price-to-earnings ratio of 18.67, a PEG ratio of 2.92 and a beta of 0.79.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Thursday, September 18th. The business services provider reported $4.05 earnings per share for the quarter, missing analysts’ consensus estimates of $4.13 by ($0.08). FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The firm had revenue of $596.90 million during the quarter, compared to analysts’ expectations of $593.32 million. During the same period in the previous year, the firm posted $3.74 EPS. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, research analysts expect that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Friday, August 29th were given a $1.10 dividend. The ex-dividend date was Friday, August 29th. This represents a $4.40 annualized dividend and a dividend yield of 1.5%. FactSet Research Systems’s dividend payout ratio (DPR) is 28.30%.

FactSet Research Systems Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.