Focus Partners Advisor Solutions LLC Invests $1.11 Million in FactSet Research Systems Inc. $FDS

Focus Partners Advisor Solutions LLC bought a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS) in the 2nd quarter, HoldingsChannel.com reports. The fund bought 4,834 shares of the business services provider’s stock, valued at approximately $1,112,000.

Other large investors have also recently made changes to their positions in the company. Daiwa Securities Group Inc. boosted its holdings in FactSet Research Systems by 0.4% during the second quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider’s stock worth $3,071,000 after buying an additional 30 shares in the last quarter. WPG Advisers LLC increased its holdings in 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 buying an additional 40 shares in the last quarter. SkyView Investment Advisors LLC raised its position in shares of FactSet Research Systems by 2.7% in the second quarter. SkyView Investment Advisors LLC now owns 1,809 shares of the business services provider’s stock worth $798,000 after acquiring an additional 48 shares during the period. Lafayette Investments Inc. raised its position in shares of 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 worth $982,000 after acquiring an additional 49 shares during the period. Finally, Tema ETFs LLC boosted its stake in shares of FactSet Research Systems by 8.1% during the 2nd quarter. Tema ETFs LLC now owns 669 shares of the business services provider’s stock worth $154,000 after acquiring an additional 50 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Stock Down 0.1%

FDS stock opened at $283.25 on Monday. The stock has a market capitalization of $10.08 billion, a P/E ratio of 18.66, a P/E/G ratio of 1.90 and a beta of 0.70. The firm has a 50-day simple moving average of $252.22 and a 200-day simple moving average of $232.17. 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 52 week low of $185.00 and a 52 week high of $387.75.

FactSet Research Systems (NYSE:FDS) 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. The firm had revenue of $622.92 million during 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 company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.27 EPS. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Equities analysts forecast that FactSet Research Systems Inc. will post 17.76 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.6%. FactSet Research Systems’s dividend payout ratio is presently 30.57%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on FDS. Weiss Ratings upgraded FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 13th. Morgan Stanley upped their price target on FactSet Research Systems from $228.00 to $230.00 and gave the stock an “equal weight” rating in a report on Thursday, July 2nd. The Goldman Sachs Group downgraded FactSet Research Systems from a “sell” rating to an “underweight” rating in a research report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft raised their price objective on FactSet Research Systems from $275.00 to $280.00 and gave the company a “hold” rating in a report on Thursday, July 2nd. Finally, Bank of America boosted their price objective on FactSet Research Systems from $205.00 to $210.00 and gave the company an “underperform” rating in a research report on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, FactSet Research Systems has an average rating of “Reduce” and a consensus target price of $253.00.

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.