D.B. Root & Company LLC Makes New Investment in FactSet Research Systems Inc. $FDS

D.B. Root & Company LLC bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,235 shares of the business services provider’s stock, valued at approximately $514,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Cibc World Market Inc. acquired a new stake in FactSet Research Systems in the 2nd quarter worth about $2,447,000. OMERS ADMINISTRATION Corp bought a new position in shares of FactSet Research Systems during the second quarter worth approximately $1,882,000. Sanctuary Advisors LLC bought a new position in shares of FactSet Research Systems during the second quarter worth approximately $2,988,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in FactSet Research Systems during the 2nd quarter worth $45,624,000. Finally, Meiji Yasuda Asset Management Co Ltd. acquired a new position in FactSet Research Systems in the 2nd quarter valued at $2,722,000. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Stock Performance

NYSE:FDS opened at $299.26 on Monday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.68. FactSet Research Systems Inc. has a fifty-two week low of $185.00 and a fifty-two week high of $386.52. The company has a 50 day simple moving average of $257.01 and a two-hundred day simple moving average of $233.33. The company has a market capitalization of $10.64 billion, a PE ratio of 19.71, a P/E/G ratio of 2.01 and a beta of 0.70.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (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 for the quarter, compared to the consensus estimate of $617.91 million. During the same quarter in the previous year, the company earned $4.27 EPS. The company’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. Research analysts anticipate that FactSet Research Systems Inc. will post 17.76 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

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

Analyst Upgrades and Downgrades

FDS has been the topic of several analyst reports. Jefferies Financial Group increased their target price on FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a report on Thursday, July 2nd. Wolfe Research upped their price objective on shares of FactSet Research Systems from $225.00 to $240.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft lifted their price target 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. UBS Group reissued a “buy” rating on shares of FactSet Research Systems in a report on Wednesday, July 22nd. Finally, Rothschild & Co Redburn lowered FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price target on the stock. in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have assigned a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $253.00.

FactSet Research Systems Company 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.