UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 19,884 Shares of FactSet Research Systems Inc. $FDS

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 14.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,804 shares of the business services provider’s stock after selling 19,884 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in FactSet Research Systems were worth $27,104,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Daiwa Securities Group Inc. lifted its holdings in shares of FactSet Research Systems by 0.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider’s stock worth $3,071,000 after acquiring an additional 30 shares during the period. SkyView Investment Advisors LLC lifted its position in shares of FactSet Research Systems by 2.7% during the 2nd quarter. SkyView Investment Advisors LLC now owns 1,809 shares of the business services provider’s stock worth $798,000 after buying an additional 48 shares during the last quarter. Lafayette Investments Inc. lifted its position in shares of FactSet Research Systems by 1.1% during the 1st quarter. Lafayette Investments Inc. now owns 4,524 shares of the business services provider’s stock worth $982,000 after buying an additional 49 shares during the last quarter. Tema ETFs LLC boosted its stake in FactSet Research Systems by 8.1% in the second quarter. Tema ETFs LLC now owns 669 shares of the business services provider’s stock valued at $154,000 after buying an additional 50 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in FactSet Research Systems by 58.6% in the second quarter. EverSource Wealth Advisors LLC now owns 138 shares of the business services provider’s stock valued at $62,000 after acquiring an additional 51 shares during the last quarter. Institutional investors own 91.24% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on FDS shares. 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 increased their price objective on shares of 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. Bank of America raised their target price on shares of FactSet Research Systems from $205.00 to $210.00 and gave the company an “underperform” rating in a research report on Thursday, July 2nd. Barclays increased their price target on FactSet Research Systems from $210.00 to $216.00 and gave the company an “underweight” rating in a research note on Monday, July 6th. Finally, Royal Bank Of Canada raised their price objective on FactSet Research Systems from $240.00 to $304.00 and gave the company a “sector perform” rating in a report on Thursday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $257.57.

FactSet Research Systems Stock Up 2.2%

Shares of FDS opened at $312.78 on Friday. The stock’s 50-day moving average price is $271.78 and its two-hundred day moving average price is $239.49. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $11.13 billion, a PE ratio of 20.60, a PEG ratio of 1.84 and a beta of 0.71. FactSet Research Systems Inc. has a 12 month low of $185.00 and a 12 month high of $377.07.

FactSet Research Systems (NYSE:FDS) last released 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 business had revenue of $622.92 million during the quarter, compared to the consensus estimate of $617.91 million. During the same quarter in the prior year, the firm posted $4.27 EPS. The company’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. On average, analysts anticipate that FactSet Research Systems Inc. will post 17.76 EPS for the current year.

FactSet Research Systems Announces Dividend

The company 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. The ex-dividend date is Monday, August 31st. This represents a $4.64 annualized dividend and a dividend yield of 1.5%. FactSet Research Systems’s dividend payout ratio is 30.57%.

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.