Public Employees Retirement System of Ohio bought a new stake in FactSet Research Systems Inc. (NYSE:FDS – Free Report) during the 2nd quarter, HoldingsChannel reports. The fund bought 11,762 shares of the business services provider’s stock, valued at approximately $2,706,000.
Several other large investors have also recently added to or reduced their stakes in FDS. Geneos Wealth Management Inc. boosted its holdings in FactSet Research Systems by 188.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 64 shares in the last quarter. BOKF NA raised its stake in shares of FactSet Research Systems by 5,100.0% during the 3rd quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after buying an additional 102 shares in the last quarter. Navalign LLC purchased a new position in shares of FactSet Research Systems during the 4th quarter worth approximately $32,000. Litman Gregory Wealth Management LLC acquired a new stake in shares of FactSet Research Systems in the 4th quarter valued at approximately $32,000. Finally, MUFG Securities EMEA plc acquired a new stake in shares of FactSet Research Systems in the 2nd quarter valued at approximately $50,000. 91.24% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of brokerages recently weighed in on FDS. Royal Bank Of Canada upped their price objective on FactSet Research Systems from $240.00 to $304.00 and gave the stock a “sector perform” rating in a report on Thursday, August 27th. Weiss Ratings raised FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, July 13th. Bank of America boosted their target price on shares of FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research report on Thursday, July 2nd. Wolfe Research upped their price target on shares of FactSet Research Systems from $225.00 to $240.00 and gave the stock an “underperform” rating in a research note on Wednesday, July 1st. Finally, Rothschild & Co Redburn downgraded shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price target for the company. in a report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $257.57.
FactSet Research Systems Price Performance
FDS stock opened at $301.41 on Friday. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $377.07. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.68. The stock’s 50 day moving average price is $273.17 and its 200 day moving average price is $239.92. The firm has a market cap of $10.72 billion, a P/E ratio of 19.86, a PEG ratio of 1.82 and a beta of 0.71.
FactSet Research Systems (NYSE:FDS – Get Free Report) last released its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $617.91 million. During the same quarter last year, the business posted $4.27 earnings per share. FactSet Research Systems’s revenue 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. On average, sell-side analysts expect that FactSet Research Systems Inc. will post 17.76 earnings per share for the current fiscal year.
FactSet Research Systems Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Monday, August 31st will be given a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, August 31st. FactSet Research Systems’s dividend payout ratio (DPR) is currently 30.57%.
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.
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