Fairtree Asset Management Pty Ltd Makes New $1.75 Million Investment in FactSet Research Systems Inc. $FDS

Fairtree Asset Management Pty Ltd purchased a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) in the 2nd quarter, Holdings Channel reports. The firm purchased 7,602 shares of the business services provider’s stock, valued at approximately $1,749,000.

A number of other large investors also recently modified their holdings of the company. WPG Advisers LLC boosted 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 valued at $27,000 after acquiring an additional 40 shares in the last quarter. Field & Main Bank bought a new stake in FactSet Research Systems during the 4th quarter worth $29,000. BOKF NA increased its holdings in 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 purchasing an additional 102 shares in the last quarter. Navalign LLC acquired a new position in FactSet Research Systems in the 4th quarter worth about $32,000. Finally, Litman Gregory Wealth Management LLC bought a new position in FactSet Research Systems in the fourth quarter valued at about $32,000. 91.24% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. BMO Capital Markets lifted their price target on FactSet Research Systems from $257.00 to $275.00 and gave the company a “market perform” rating in a research note on Thursday, July 2nd. Wolfe Research upped their price target on FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a research report on Wednesday, July 1st. UBS Group reiterated a “buy” rating on shares of FactSet Research Systems in a report on Wednesday, July 22nd. The Goldman Sachs Group downgraded shares of FactSet Research Systems from a “sell” rating to an “underweight” rating in a research report on Thursday, June 18th. Finally, Jefferies Financial Group raised their price target on shares of FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a report on Thursday, July 2nd. One equities research 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 company. Based on data from MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Reduce” and an average target price of $253.00.

FactSet Research Systems Stock Performance

FDS stock opened at $298.45 on Friday. The firm has a market cap of $10.62 billion, a PE ratio of 19.66, a price-to-earnings-growth ratio of 2.00 and a beta of 0.70. 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 moving average price of $255.86 and a 200-day moving average price of $232.97. FactSet Research Systems Inc. has a 1-year low of $185.00 and a 1-year high of $387.20.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, beating 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 quarter in the prior year, the company earned $4.27 EPS. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. As a group, equities research analysts expect that FactSet Research Systems Inc. will post 17.76 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Monday, August 31st will be issued a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Monday, August 31st. FactSet Research Systems’s dividend payout ratio is presently 30.57%.

FactSet Research Systems 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.