Corient Private Wealth LP Invests $2.40 Million in FactSet Research Systems Inc. $FDS

Corient Private Wealth LP bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) in the 2nd quarter, Holdings Channel.com reports. The firm bought 10,435 shares of the business services provider’s stock, valued at approximately $2,401,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FDS. Geneos Wealth Management Inc. lifted 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 worth $45,000 after purchasing an additional 64 shares in the last quarter. BOKF NA grew its holdings in FactSet Research Systems by 5,100.0% during the 3rd quarter. BOKF NA now owns 104 shares of the business services provider’s stock valued at $30,000 after buying an additional 102 shares in the last quarter. Navalign LLC purchased a new stake in FactSet Research Systems during the 4th quarter valued at approximately $32,000. Litman Gregory Wealth Management LLC bought a new stake in shares of FactSet Research Systems during the fourth quarter valued at approximately $32,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of FactSet Research Systems during the second quarter valued at approximately $50,000. Institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Up 0.5%

Shares of FDS opened at $306.82 on Thursday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68. The stock has a market capitalization of $10.91 billion, a price-to-earnings ratio of 20.21, a price-to-earnings-growth ratio of 1.84 and a beta of 0.71. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $377.07. The business’s 50 day simple moving average is $269.70 and its 200-day simple moving average is $238.73.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, beating analysts’ consensus estimates of $4.44 by $0.09. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The firm had revenue of $622.92 million during the quarter, compared to analyst estimates of $617.91 million. During the same period last year, the firm posted $4.27 earnings per share. FactSet Research Systems’s revenue for the quarter 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. As a group, equities 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 firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Monday, August 31st will be paid a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 31st. FactSet Research Systems’s dividend payout ratio (DPR) is presently 30.57%.

Analyst Upgrades and Downgrades

FDS has been the subject of a number of research reports. UBS Group restated a “buy” rating on shares of FactSet Research Systems in a research report on Wednesday, July 22nd. Jefferies Financial Group lifted their price target on shares of FactSet Research Systems from $225.00 to $253.00 and gave the company a “hold” rating in a report on Thursday, July 2nd. BMO Capital Markets boosted their price target on shares of FactSet Research Systems from $257.00 to $275.00 and gave the stock a “market perform” rating in a research note on Thursday, July 2nd. Wolfe Research increased 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. Finally, The Goldman Sachs Group lowered FactSet Research Systems from a “sell” rating to an “underweight” rating in a research report on Thursday, June 18th. 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 assigned a Sell rating to the company. According to MarketBeat, FactSet Research Systems has a consensus rating of “Reduce” and a consensus price target of $257.57.

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.