Man Group plc Acquires Shares of 3,340 FactSet Research Systems Inc. $FDS

Man Group plc bought a new stake 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 SEC. The firm bought 3,340 shares of the business services provider’s stock, valued at approximately $768,000.

Several other institutional investors and hedge funds have also modified their holdings of FDS. BOKF NA boosted its position in FactSet Research Systems by 5,100.0% during the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 102 shares during the last quarter. Navalign LLC acquired a new position in FactSet Research Systems in the fourth quarter worth approximately $32,000. Litman Gregory Wealth Management LLC bought a new position in FactSet Research Systems during the fourth quarter valued at approximately $32,000. Elyxium Wealth LLC acquired a new stake in FactSet Research Systems in the fourth quarter valued at approximately $35,000. Finally, Geneos Wealth Management Inc. lifted its stake in FactSet Research Systems by 188.2% in the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 64 shares during the last quarter. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Weiss Ratings raised shares of FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 13th. Wells Fargo & Company increased their price objective on FactSet Research Systems from $200.00 to $210.00 and gave the company an “underweight” rating in a research report on Thursday, July 2nd. Rothschild & Co Redburn downgraded shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price objective on the stock. in a research note on Thursday, June 18th. The Goldman Sachs Group lowered shares of FactSet Research Systems from a “sell” rating to an “underweight” rating in a research report on Thursday, June 18th. Finally, Morgan Stanley upped their target price on shares of FactSet Research Systems from $228.00 to $230.00 and gave the company an “equal weight” rating in a research note on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have issued a Hold rating and six have given a Sell rating to the stock. According to MarketBeat.com, FactSet Research Systems currently has an average rating of “Reduce” and an average target price of $257.57.

FactSet Research Systems Stock Performance

NYSE:FDS opened at $312.78 on Friday. FactSet Research Systems Inc. has a 12-month low of $185.00 and a 12-month high of $377.07. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.44. The firm has a 50-day moving average price of $271.78 and a 200 day moving average price of $239.49. The firm has a market capitalization of $11.13 billion, a PE ratio of 20.60, a price-to-earnings-growth ratio of 1.84 and a beta of 0.71.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, topping the consensus estimate of $4.44 by $0.09. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The business had revenue of $622.92 million during the quarter, compared to the consensus estimate of $617.91 million. During the same quarter last year, the company earned $4.27 EPS. FactSet Research Systems’s revenue 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 fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Monday, August 31st will be paid a $1.16 dividend. This represents a $4.64 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, August 31st. FactSet Research Systems’s payout ratio is currently 30.57%.

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.