Gibbs Wealth Management acquired a new position in shares of FactSet Research Systems Inc. (NYSE:FDS – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,517 shares of the business services provider’s stock, valued at approximately $546,000.
Several other large investors also recently made changes to their positions in the stock. Globeflex Capital L P bought a new stake in FactSet Research Systems during the first quarter worth $108,000. State of Wyoming bought a new stake in shares of FactSet Research Systems in the 1st quarter valued at about $51,000. Cetera Investment Advisers lifted its stake in FactSet Research Systems by 17.1% in the 1st quarter. Cetera Investment Advisers now owns 6,815 shares of the business services provider’s stock valued at $1,479,000 after purchasing an additional 997 shares during the last quarter. Militia Capital Management LLC bought a new position in FactSet Research Systems during the first quarter worth about $3,341,000. Finally, PNC Financial Services Group Inc. increased its position in FactSet Research Systems by 8.2% during the first quarter. PNC Financial Services Group Inc. now owns 29,108 shares of the business services provider’s stock worth $6,316,000 after buying an additional 2,216 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.
Wall Street Analyst Weigh In
FDS has been the subject of several research analyst reports. Morgan Stanley lifted their target price on FactSet Research Systems from $228.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 2nd. UBS Group reaffirmed a “buy” rating on shares of FactSet Research Systems in a report on Wednesday. Bank of America increased their price objective on shares of FactSet Research Systems from $205.00 to $210.00 and gave the company an “underperform” rating in a research report on Thursday, July 2nd. BMO Capital Markets increased their price target on shares of FactSet Research Systems from $257.00 to $275.00 and gave the company a “market perform” rating in a report on Thursday, July 2nd. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of FactSet Research Systems from $275.00 to $280.00 and gave the stock a “hold” rating in a research report on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $253.00.
FactSet Research Systems Trading Up 4.4%
Shares of FDS stock opened at $254.61 on Friday. The stock has a market cap of $9.06 billion, a P/E ratio of 16.77, a price-to-earnings-growth ratio of 1.71 and a beta of 0.72. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $424.62. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. The stock has a 50 day simple moving average of $241.09 and a 200 day simple moving average of $233.88.
FactSet Research Systems (NYSE:FDS – Get Free Report) last released its earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (EPS) for the quarter, topping 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 company had revenue of $622.92 million for the quarter, compared to analyst estimates of $617.91 million. During the same period in the prior year, the firm posted $4.27 EPS. FactSet Research Systems’s quarterly 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. On average, research analysts predict that FactSet Research Systems Inc. will post 17.76 earnings per share for the current fiscal year.
FactSet Research Systems Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, May 29th were issued a dividend of $1.16 per share. This is a boost from FactSet Research Systems’s previous quarterly dividend of $1.10. The ex-dividend date of this dividend was Friday, May 29th. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.8%. FactSet Research Systems’s payout ratio is currently 30.57%.
More FactSet Research Systems News
Here are the key news stories impacting FactSet Research Systems this week:
- Positive Sentiment: FactSet said Curi adopted its portfolio analytics suite, expanding FactSet’s reach in the insurance market and signaling continued demand for its data and analytics products. FactSet (FDS) Expands Insurance Reach As Curi Adopts Its Portfolio Analytics Suite
- Positive Sentiment: Zacks Research raised earnings estimates for multiple upcoming periods, including FY2026, FY2027, and FY2028, suggesting expectations for stronger profitability ahead.
- Positive Sentiment: The company’s recent quarterly results beat Wall Street expectations on both EPS and revenue, which supports the view that FactSet’s business remains resilient.
- Neutral Sentiment: Analysts’ estimate changes for individual quarters were mixed, with some near-term revisions slightly lower and others higher, so the impact is more incremental than transformative.
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.
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