Markel Group Inc. Has $29.38 Million Position in FactSet Research Systems Inc. $FDS

Markel Group Inc. boosted its stake in shares of FactSet Research Systems Inc. (NYSE:FDSFree Report) by 11.1% during the first quarter, Holdings Channel.com reports. The fund owned 135,376 shares of the business services provider’s stock after acquiring an additional 13,503 shares during the period. Markel Group Inc.’s holdings in FactSet Research Systems were worth $29,375,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cromwell Holdings LLC bought a new stake in shares of FactSet Research Systems during the 4th quarter valued at $26,000. WPG Advisers LLC grew its holdings in shares of FactSet Research Systems by 76.9% during the 4th quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock worth $27,000 after purchasing an additional 40 shares in the last quarter. Field & Main Bank bought a new position in shares of FactSet Research Systems in the fourth quarter worth $29,000. BOKF NA increased its position in shares of FactSet Research Systems by 5,100.0% in the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after purchasing an additional 102 shares during the period. Finally, Navalign LLC acquired a new position in FactSet Research Systems in the fourth quarter valued at about $32,000. 91.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FDS has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft upped 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. Barclays raised their target price on shares of FactSet Research Systems from $210.00 to $216.00 and gave the company an “underweight” rating in a report on Monday, July 6th. Weiss Ratings restated a “sell (d+)” rating on shares of FactSet Research Systems in a research report on Wednesday, June 24th. Morgan Stanley upped their price target on shares of FactSet Research Systems from $228.00 to $230.00 and gave the stock an “equal weight” rating in a report on Thursday, July 2nd. Finally, BMO Capital Markets increased their price target on shares of FactSet Research Systems from $257.00 to $275.00 and gave the stock a “market perform” rating in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $253.00.

Get Our Latest Report on FDS

FactSet Research Systems Price Performance

Shares of FDS stock traded up $5.05 on Friday, reaching $246.95. The company had a trading volume of 529,969 shares, compared to its average volume of 1,009,231. The stock has a market capitalization of $8.78 billion, a PE ratio of 16.27, a price-to-earnings-growth ratio of 1.66 and a beta of 0.72. 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 one year low of $185.00 and a one year high of $453.41. The business’s 50-day moving average is $233.50 and its 200 day moving average is $236.45.

FactSet Research Systems (NYSE:FDSGet Free Report) last posted 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 company had revenue of $622.92 million for the quarter, compared to the consensus estimate of $617.91 million. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the company posted $4.27 EPS. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Equities research analysts forecast that FactSet Research Systems Inc. will post 17.75 EPS for the current fiscal 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 given a $1.16 dividend. This is an increase from FactSet Research Systems’s previous quarterly dividend of $1.10. This represents a $4.64 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, May 29th. FactSet Research Systems’s dividend payout ratio (DPR) is 30.57%.

About FactSet Research Systems

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding FDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FactSet Research Systems Inc. (NYSE:FDSFree Report).

Institutional Ownership by Quarter for FactSet Research Systems (NYSE:FDS)

Receive News & Ratings for FactSet Research Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FactSet Research Systems and related companies with MarketBeat.com's FREE daily email newsletter.