Assenagon Asset Management S.A. Reduces Holdings in FactSet Research Systems Inc. $FDS

Assenagon Asset Management S.A. reduced its position in FactSet Research Systems Inc. (NYSE:FDS) by 68.3% in the 1st quarter, Holdings Channel reports. The firm owned 8,694 shares of the business services provider’s stock after selling 18,761 shares during the quarter. Assenagon Asset Management S.A.’s holdings in FactSet Research Systems were worth $1,887,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FDS. Northwestern Mutual Wealth Management Co. lifted its stake in shares of FactSet Research Systems by 444,058.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 13,857,733 shares of the business services provider’s stock worth $4,021,376,000 after buying an additional 13,854,613 shares in the last quarter. Bamco Inc. NY boosted its holdings in shares of FactSet Research Systems by 58.8% during the 4th quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider’s stock worth $838,314,000 after purchasing an additional 1,069,786 shares during the last quarter. AQR Capital Management LLC grew its position in shares of FactSet Research Systems by 4,547.4% in the fourth quarter. AQR Capital Management LLC now owns 705,062 shares of the business services provider’s stock valued at $204,602,000 after purchasing an additional 689,891 shares in the last quarter. Bank of Montreal Can grew its position in shares of FactSet Research Systems by 1,843.9% in the fourth quarter. Bank of Montreal Can now owns 597,723 shares of the business services provider’s stock valued at $173,453,000 after purchasing an additional 566,975 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of FactSet Research Systems in the fourth quarter valued at approximately $151,492,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems News Summary

Here are the key news stories impacting FactSet Research Systems this week:

• Positive Sentiment: FactSet beat Q3 expectations, reporting EPS of $4.53 versus $4.44 expected and revenue of $622.9 million versus $617.9 million, helped by stronger organic growth, accelerating annual subscription value (ASV), and healthy client demand. FactSet Reports Results for Third Quarter 2026
• Positive Sentiment: The company announced a strategic partnership with Google Cloud to deepen its AI capabilities, which could support new product development and long-term growth in financial intelligence workflows. FactSet Announces Strategic Partnership with Google Cloud to Bring Advanced AI to Financial Intelligence
• Neutral Sentiment: Conference-call coverage highlighted continued ASV growth and expanding product capabilities, reinforcing that the business remains on solid footing even as investors parse the details. FactSet Research Systems Inc (FDS) Q3 2026 Earnings Call Highlights
• Negative Sentiment: Despite the earnings beat, shares were pressured by lower margins and guidance that looked only roughly in line with expectations, suggesting limited near-term upside to profitability. FactSet shares slip despite third-quarter earnings beat as outlook disappoints (FDS)
• Negative Sentiment: Several reports noted that flat outlook commentary and margin compression overshadowed the earnings beat, which may explain why the stock did not react more strongly to the upside. FactSet’s lower margins, flat guidance eclipse earnings beat

Wall Street Analysts Forecast Growth

FDS has been the topic of a number of analyst reports. Wells Fargo & Company lifted their price objective on FactSet Research Systems from $195.00 to $200.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 1st. Wolfe Research set a $240.00 target price on FactSet Research Systems in a research note on Wednesday. Rothschild & Co Redburn lowered FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price target on the stock. in a report on Thursday, June 18th. Royal Bank Of Canada lowered their price target on shares of FactSet Research Systems from $243.00 to $240.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 27th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of FactSet Research Systems in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have given a Hold rating and seven have issued a Sell rating to the company. According to data from MarketBeat, FactSet Research Systems has a consensus rating of “Reduce” and an average price target of $263.85.

FactSet Research Systems Price Performance

NYSE:FDS opened at $244.62 on Thursday. FactSet Research Systems Inc. has a 52 week low of $185.00 and a 52 week high of $453.41. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $8.91 billion, a P/E ratio of 15.73, a P/E/G ratio of 1.92 and a beta of 0.72. The stock’s fifty day moving average is $230.97 and its two-hundred day moving average is $238.02.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, topping analysts’ consensus estimates of $4.44 by $0.09. The business had revenue of $622.92 million during the quarter, compared to analysts’ expectations of $617.91 million. FactSet Research Systems had a return on equity of 30.25% and a net margin of 24.48%.The company’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the business posted $4.27 EPS. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Equities analysts expect that FactSet Research Systems Inc. will post 17.66 EPS for the current year.

FactSet Research Systems Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, May 29th were paid a dividend of $1.16 per share. This represents a $4.64 annualized dividend and a yield of 1.9%. 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. FactSet Research Systems’s payout ratio is 29.84%.

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.