Vise Technologies Inc. Purchases New Position in FactSet Research Systems Inc. $FDS

Vise Technologies Inc. acquired a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 2,186 shares of the business services provider’s stock, valued at approximately $503,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FDS. Geneos Wealth Management Inc. grew its stake in shares of FactSet Research Systems by 188.2% during the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock worth $45,000 after buying an additional 64 shares during the last quarter. BOKF NA lifted its stake in shares of 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 acquiring an additional 102 shares during the last quarter. Navalign LLC bought a new position in shares of FactSet Research Systems in the 4th quarter valued at $32,000. Litman Gregory Wealth Management LLC acquired a new stake in shares of FactSet Research Systems during the 4th quarter valued at $32,000. Finally, MUFG Securities EMEA plc acquired a new stake in shares of FactSet Research Systems during the 2nd quarter valued at $50,000. Institutional investors own 91.24% of the company’s stock.

Wall Street Analyst Weigh In

FDS has been the subject of a number of recent research reports. UBS Group reaffirmed a “buy” rating on shares of FactSet Research Systems in a report on Wednesday, July 22nd. 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. Royal Bank Of Canada restated a “sector perform” rating and set a $240.00 price target on shares of FactSet Research Systems in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft upped their price objective on FactSet Research Systems from $275.00 to $280.00 and gave the company a “hold” rating in a research note on Thursday, July 2nd. Finally, Wolfe Research raised their price objective on shares of FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a report on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $253.00.

FactSet Research Systems Stock Performance

NYSE FDS opened at $305.07 on Tuesday. The company has a market capitalization of $10.85 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 2.01 and a beta of 0.70. FactSet Research Systems Inc. has a twelve month low of $185.00 and a twelve month high of $386.52. The stock has a fifty day simple moving average of $258.40 and a 200 day simple moving average of $233.91. 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 (NYSE:FDS) last announced its earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.44 by $0.09. The business had revenue of $622.92 million during the quarter, compared to analyst estimates of $617.91 million. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.FactSet Research Systems’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period last year, the company earned $4.27 EPS. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Sell-side analysts expect that FactSet Research Systems Inc. will post 17.76 EPS for the current year.

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders 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 dividend yield of 1.5%. The ex-dividend date is Monday, August 31st. FactSet Research Systems’s dividend payout ratio (DPR) is 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.