2,151 Shares in FactSet Research Systems Inc. $FDS Purchased by Tectonic Advisors LLC

Tectonic Advisors LLC bought a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 2,151 shares of the business services provider’s stock, valued at approximately $581,000.

Other hedge funds have also made changes to their positions in the company. Concurrent Investment Advisors LLC grew its position in shares of FactSet Research Systems by 1.7% during the second quarter. Concurrent Investment Advisors LLC now owns 2,198 shares of the business services provider’s stock worth $506,000 after buying an additional 36 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in shares of FactSet Research Systems by 31.2% in the second quarter. Parkside Financial Bank & Trust now owns 181 shares of the business services provider’s stock worth $42,000 after buying an additional 43 shares during the last quarter. Empirical Finance LLC raised its holdings in FactSet Research Systems by 4.7% in the second quarter. Empirical Finance LLC now owns 1,004 shares of the business services provider’s stock valued at $231,000 after acquiring an additional 45 shares in the last quarter. Midway Capital Research & Management raised its holdings in FactSet Research Systems by 3.4% in the third quarter. Midway Capital Research & Management now owns 1,366 shares of the business services provider’s stock valued at $369,000 after acquiring an additional 45 shares in the last quarter. Finally, Lafayette Investments Inc. raised its holdings in FactSet Research Systems by 1.1% in the first quarter. Lafayette Investments Inc. now owns 4,524 shares of the business services provider’s stock valued at $982,000 after acquiring an additional 49 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Price Performance

Shares of FDS opened at $331.32 on Monday. The firm has a market cap of $11.68 billion, a price-to-earnings ratio of 22.76, a PEG ratio of 1.86 and a beta of 0.77. The stock has a 50 day moving average of $289.85 and a 200-day moving average of $258.73. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.43. FactSet Research Systems Inc. has a 52 week low of $185.00 and a 52 week high of $339.83.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Wednesday, September 30th. The business services provider reported $4.52 earnings per share for the quarter, beating analysts’ consensus estimates of $4.35 by $0.17. The business had revenue of $634.70 million during the quarter, compared to the consensus estimate of $629.83 million. FactSet Research Systems had a return on equity of 31.66% and a net margin of 21.54%. The business’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the business earned $4.05 EPS. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. As a group, analysts forecast that FactSet Research Systems Inc. will post 19.63 EPS for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Monday, August 31st were issued a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Monday, August 31st. FactSet Research Systems’s payout ratio is currently 31.87%.

Analyst Ratings Changes

A number of research firms have commented on FDS. Royal Bank Of Canada increased their price objective on shares of FactSet Research Systems from $240.00 to $304.00 and gave the company a “sector perform” rating in a research note on Thursday, August 27th. Morgan Stanley boosted their target price on shares of FactSet Research Systems from $230.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 10th. William Blair upgraded shares of FactSet Research Systems from a “market perform” rating to an “outperform” rating in a research note on Tuesday, September 8th. Deutsche Bank Aktiengesellschaft upped their target price on shares of FactSet Research Systems from $280.00 to $299.00 and gave the company a “hold” rating in a research note on Friday, September 11th. Finally, Jefferies Financial Group increased their price target on shares of FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have given a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $271.79.

FactSet Research Systems Company Profile

FactSet Research Systems Inc provides financial data, analytics and workflow technology to investment professionals and financial institutions. Its platform brings together market, company, economic and alternative data with tools for research, portfolio analysis, risk management, trading, performance measurement and reporting.

The company serves asset managers, wealth managers, investment banks, private-equity firms, corporations and other financial professionals. Its products support activities including equity and fixed-income research, portfolio construction, screening, client reporting, investment-banking analysis and environmental, social and governance research.