HB Wealth Management LLC Has $1.36 Million Position in FactSet Research Systems Inc. $FDS

HB Wealth Management LLC raised its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 76.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,909 shares of the business services provider’s stock after acquiring an additional 2,560 shares during the quarter. HB Wealth Management LLC’s holdings in FactSet Research Systems were worth $1,360,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of FDS. Daiwa Securities Group Inc. raised its position 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 valued at $3,071,000 after acquiring an additional 30 shares during the last quarter. Concurrent Investment Advisors LLC boosted its position in shares of FactSet Research Systems by 1.7% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 2,198 shares of the business services provider’s stock worth $506,000 after purchasing an additional 36 shares during the last quarter. SkyView Investment Advisors LLC boosted its position in shares of FactSet Research Systems by 2.7% in the 2nd quarter. SkyView Investment Advisors LLC now owns 1,809 shares of the business services provider’s stock worth $798,000 after purchasing an additional 48 shares during the last quarter. Lafayette Investments Inc. grew its stake in shares of FactSet Research Systems by 1.1% during the first quarter. Lafayette Investments Inc. now owns 4,524 shares of the business services provider’s stock worth $982,000 after purchasing an additional 49 shares during the period. Finally, Tema ETFs LLC grew its stake in shares of FactSet Research Systems by 8.1% during the second quarter. Tema ETFs LLC now owns 669 shares of the business services provider’s stock worth $154,000 after purchasing an additional 50 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on FDS. BMO Capital Markets upped their price objective on FactSet Research Systems from $257.00 to $275.00 and gave the company a “market perform” rating in a report on Thursday, July 2nd. Jefferies Financial Group raised 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. Deutsche Bank Aktiengesellschaft boosted their target price on FactSet Research Systems from $275.00 to $280.00 and gave the stock a “hold” rating in a research report on Thursday, July 2nd. Weiss Ratings raised FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, July 13th. Finally, Bank of America increased their price target 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. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have assigned a Hold rating and six have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $265.00.

FactSet Research Systems Trading Down 6.0%

FDS opened at $262.48 on Friday. The stock has a market capitalization of $9.34 billion, a P/E ratio of 17.29, a P/E/G ratio of 1.68 and a beta of 0.71. FactSet Research Systems Inc. has a 12 month low of $185.00 and a 12 month high of $370.98. The firm’s fifty day simple moving average is $276.64 and its 200 day simple moving average is $242.63. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44.

FactSet Research Systems (NYSE:FDS) last released its 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 return on equity of 30.68% and a net margin of 23.21%.The firm had revenue of $622.92 million during the quarter, compared to analysts’ expectations of $617.91 million. During the same quarter in the prior year, the company earned $4.27 EPS. The company’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. As a group, research analysts anticipate that FactSet Research Systems Inc. will post 17.76 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

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. This represents a $4.64 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. FactSet Research Systems’s dividend payout ratio is currently 30.57%.

FactSet Research Systems Company Profile

FactSet Research Systems Inc (NYSE:FDS) provides financial data, analytics and technology solutions for investment professionals. Its platform integrates market, company, economic and alternative data with research and analytical tools, helping users evaluate securities, construct and monitor portfolios, manage risk and support investment decisions.

The company serves a broad range of financial institutions, including asset managers, wealth managers, investment banks, hedge funds, private-equity firms and corporate finance teams.