6,160 Shares in FactSet Research Systems Inc. $FDS Acquired by Coastal Bridge Advisors LLC

Coastal Bridge Advisors LLC purchased a new position in FactSet Research Systems Inc. (NYSE:FDS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 6,160 shares of the business services provider’s stock, valued at approximately $1,417,000.

Several other institutional investors also recently modified their holdings of FDS. Geneos Wealth Management Inc. lifted its position in shares of FactSet Research Systems by 188.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 64 shares during the last quarter. BOKF NA grew its holdings in shares of FactSet Research Systems by 5,100.0% in the 3rd quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after acquiring an additional 102 shares during the last quarter. Navalign LLC acquired a new stake in shares of FactSet Research Systems during the fourth quarter worth $32,000. Litman Gregory Wealth Management LLC acquired a new stake in shares of FactSet Research Systems during the fourth quarter worth $32,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of FactSet Research Systems during the second quarter valued at $50,000. Institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Performance

Shares of FactSet Research Systems stock opened at $304.81 on Friday. The stock has a market cap of $10.84 billion, a PE ratio of 20.08, a price-to-earnings-growth ratio of 1.98 and a beta of 0.70. The business has a fifty day simple moving average of $262.53 and a 200-day simple moving average of $235.69. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.44. FactSet Research Systems Inc. has a 12 month low of $185.00 and a 12 month high of $381.68.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, beating analysts’ consensus estimates of $4.44 by $0.09. The business had revenue of $622.92 million for the quarter, compared to the consensus estimate of $617.91 million. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.FactSet Research Systems’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 company posted $4.27 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.76 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms recently weighed in on FDS. Weiss Ratings upgraded FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 13th. Jefferies Financial Group boosted their price objective on FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a report on Thursday, July 2nd. Wolfe Research upped their price objective on shares of FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a research note on Wednesday, July 1st. Wells Fargo & Company raised their target price on shares of FactSet Research Systems from $200.00 to $210.00 and gave the stock an “underweight” rating in a report on Thursday, July 2nd. Finally, Rothschild & Co Redburn downgraded shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 target price on the stock. in a research report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have given a Hold rating and six have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average price target 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.