HighTower Advisors LLC Increases Stake in FactSet Research Systems Inc. $FDS

HighTower Advisors LLC grew its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 2.6% during the second quarter, Holdings Channel reports. The fund owned 121,962 shares of the business services provider’s stock after purchasing an additional 3,147 shares during the period. HighTower Advisors LLC’s holdings in FactSet Research Systems were worth $28,061,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in FDS. Geneos Wealth Management Inc. boosted its position 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 valued at $45,000 after purchasing an additional 64 shares in the last quarter. BOKF NA lifted its position 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 acquiring an additional 102 shares during the period. Navalign LLC bought a new stake in FactSet Research Systems during the fourth quarter worth about $32,000. Litman Gregory Wealth Management LLC bought a new stake in FactSet Research Systems during the fourth quarter worth about $32,000. Finally, MUFG Securities EMEA plc purchased a new stake in FactSet Research Systems in the second quarter worth about $50,000. Institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Price Performance

NYSE FDS opened at $289.09 on Wednesday. The stock has a 50-day moving average of $275.71 and a 200 day moving average of $241.59. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.68. The company has a market capitalization of $10.28 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 1.82 and a beta of 0.71. FactSet Research Systems Inc. has a one year low of $185.00 and a one year high of $375.50.

FactSet Research Systems (NYSE:FDS) last announced 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 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 in the previous year, the business posted $4.27 earnings per share. The business’s revenue for the quarter 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. On average, sell-side analysts forecast that FactSet Research Systems Inc. will post 17.76 EPS for the current year.

FactSet Research Systems Dividend Announcement

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

Analyst Upgrades and Downgrades

FDS has been the topic of a number of analyst reports. Barclays boosted their price target on FactSet Research Systems from $216.00 to $250.00 and gave the stock an “underweight” rating in a research report on Tuesday. Bank of America lifted their price target on FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research report on Thursday, July 2nd. Wells Fargo & Company upped their price target on shares of FactSet Research Systems from $200.00 to $210.00 and gave the stock an “underweight” rating in a research note on Thursday, July 2nd. Morgan Stanley increased their price objective on shares of FactSet Research Systems from $228.00 to $230.00 and gave the company an “equal weight” rating in a research report on Thursday, July 2nd. Finally, BMO Capital Markets lifted their target price on shares of FactSet Research Systems from $257.00 to $275.00 and gave the stock a “market perform” rating in a report on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $260.00.

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.