Fairtree Asset Management Pty Ltd Acquires Shares of 7,602 FactSet Research Systems Inc. $FDS

Fairtree Asset Management Pty Ltd acquired a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 7,602 shares of the business services provider’s stock, valued at approximately $1,749,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. WPG Advisers LLC grew its stake in shares of FactSet Research Systems by 76.9% in the fourth 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 acquired a new stake in FactSet Research Systems in the 4th quarter worth about $29,000. BOKF NA boosted 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 valued at $30,000 after purchasing an additional 102 shares during the period. Navalign LLC bought a new stake in FactSet Research Systems in the 4th quarter valued at about $32,000. Finally, Litman Gregory Wealth Management LLC acquired a new position in shares of FactSet Research Systems during the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Trading Up 0.1%

Shares of FDS stock opened at $298.45 on Friday. The stock’s fifty day moving average price is $255.86 and its two-hundred day moving average price is $232.97. The company has a market cap of $10.62 billion, a PE ratio of 19.66, a P/E/G ratio of 2.00 and a beta of 0.70. FactSet Research Systems Inc. has a fifty-two week low of $185.00 and a fifty-two week high of $387.20. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.68.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $617.91 million. During the same quarter in the previous year, the firm earned $4.27 EPS. FactSet Research Systems’s revenue was up 6.4% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Equities analysts predict that FactSet Research Systems Inc. will post 17.76 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on FDS shares. Barclays lifted their price target on shares of FactSet Research Systems from $210.00 to $216.00 and gave the company an “underweight” rating in a research report on Monday, July 6th. Jefferies Financial Group increased their price target on FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a research report on Thursday, July 2nd. Rothschild & Co Redburn lowered FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price objective on the stock. in a research note on Thursday, June 18th. Bank of America lifted their price objective on FactSet Research Systems from $205.00 to $210.00 and gave the company an “underperform” rating in a report on Thursday, July 2nd. Finally, The Goldman Sachs Group downgraded FactSet Research Systems from a “sell” rating to an “underweight” rating in a research report on Thursday, June 18th. One research 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 given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $253.00.

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.