4,100 Shares in FactSet Research Systems Inc. $FDS Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in FactSet Research Systems Inc. (NYSE:FDS) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 4,100 shares of the business services provider’s stock, valued at approximately $1,107,000.

Several other institutional investors and hedge funds also recently made changes to their positions in FDS. Parcion Private Wealth LLC lifted its stake in FactSet Research Systems by 12.4% in the third quarter. Parcion Private Wealth LLC now owns 1,337 shares of the business services provider’s stock worth $361,000 after purchasing an additional 148 shares during the last quarter. Soltis Investment Advisors LLC grew its stake in shares of FactSet Research Systems by 6.7% during the third quarter. Soltis Investment Advisors LLC now owns 1,206 shares of the business services provider’s stock valued at $326,000 after buying an additional 76 shares during the last quarter. Everett Harris & Co. CA grew its stake in shares of FactSet Research Systems by 1.1% during the third quarter. Everett Harris & Co. CA now owns 162,352 shares of the business services provider’s stock valued at $43,827,000 after buying an additional 1,760 shares during the last quarter. United Asset Strategies Inc. bought a new position in shares of FactSet Research Systems during the third quarter valued at about $693,000. Finally, VestGen Advisors LLC increased its holdings in shares of FactSet Research Systems by 9.0% in the third quarter. VestGen Advisors LLC now owns 1,832 shares of the business services provider’s stock worth $494,000 after buying an additional 152 shares during the period. Institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Price Performance

Shares of FactSet Research Systems stock opened at $342.04 on Thursday. The company’s fifty day simple moving average is $294.87 and its two-hundred day simple moving average is $251.72. FactSet Research Systems Inc. has a 12-month low of $185.00 and a 12-month high of $345.66. The firm has a market cap of $12.06 billion, a PE ratio of 23.49, a price-to-earnings-growth ratio of 1.87 and a beta of 0.69. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.43.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Wednesday, September 30th. The business services provider reported $4.52 EPS for the quarter, beating the consensus estimate of $4.35 by $0.17. The firm had revenue of $634.70 million during the quarter, compared to the consensus estimate of $629.83 million. FactSet Research Systems had a net margin of 21.54% and a return on equity of 31.66%. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.05 earnings per share. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. As a group, equities analysts expect that FactSet Research Systems Inc. will post 19.63 EPS for the current year.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Monday, August 31st were given a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Monday, August 31st. FactSet Research Systems’s dividend payout ratio (DPR) is currently 31.87%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on FDS. Deutsche Bank Aktiengesellschaft boosted their target price on FactSet Research Systems from $280.00 to $299.00 and gave the company a “hold” rating in a research note on Friday, September 11th. BMO Capital Markets raised their price target on FactSet Research Systems from $300.00 to $314.00 and gave the stock a “market perform” rating in a research report on Tuesday, October 13th. Barclays lifted their price target on FactSet Research Systems from $216.00 to $250.00 and gave the stock an “underweight” rating in a research note on Tuesday, September 8th. Royal Bank Of Canada lifted their price target on FactSet Research Systems from $240.00 to $304.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 27th. Finally, Stifel Nicolaus boosted their price objective on FactSet Research Systems from $254.00 to $292.00 and gave the company a “hold” rating in a research report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have assigned a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $271.79.

FactSet Research Systems Profile

FactSet Research Systems Inc provides financial data, analytics and workflow technology to investment professionals and financial institutions. Its platform brings together market, company, economic and alternative data with tools for research, portfolio analysis, risk management, trading, performance measurement and reporting.

The company serves asset managers, wealth managers, investment banks, private-equity firms, corporations and other financial professionals. Its products support activities including equity and fixed-income research, portfolio construction, screening, client reporting, investment-banking analysis and environmental, social and governance research.