Hsbc Holdings PLC Decreases Stock Position in FactSet Research Systems Inc. $FDS

Hsbc Holdings PLC trimmed its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 70.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,785 shares of the business services provider’s stock after selling 160,515 shares during the period. Hsbc Holdings PLC’s holdings in FactSet Research Systems were worth $19,995,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in FDS. Jones Financial Companies Lllp lifted its stake in shares of FactSet Research Systems by 5.6% in the first quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock worth $785,000 after acquiring an additional 91 shares in the last quarter. Empowered Funds LLC increased its holdings in FactSet Research Systems by 27.6% during the 1st quarter. Empowered Funds LLC now owns 972 shares of the business services provider’s stock worth $442,000 after purchasing an additional 210 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of FactSet Research Systems by 188.2% in the 1st 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. EverSource Wealth Advisors LLC raised its position in shares of FactSet Research Systems by 58.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the business services provider’s stock valued at $62,000 after purchasing an additional 51 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in shares of FactSet Research Systems by 15.6% during the 2nd quarter. Cerity Partners LLC now owns 5,247 shares of the business services provider’s stock valued at $2,347,000 after buying an additional 707 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on FDS shares. Weiss Ratings reissued a “sell (d+)” rating on shares of FactSet Research Systems in a research report on Wednesday, June 24th. Wolfe Research raised their price objective on shares of FactSet Research Systems from $225.00 to $240.00 and gave the stock an “underperform” rating in a report on Wednesday, July 1st. Jefferies Financial Group boosted their target price on shares of FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a research report on Thursday, July 2nd. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $240.00 price target on shares of FactSet Research Systems in a research report on Thursday, July 2nd. Finally, Morgan Stanley lifted their price target on FactSet Research Systems from $228.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have given a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, FactSet Research Systems presently has a consensus rating of “Reduce” and an average price target of $253.00.

FactSet Research Systems Trading Up 2.5%

FactSet Research Systems stock opened at $258.61 on Wednesday. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $453.41. The firm’s 50-day moving average is $232.50 and its 200-day moving average is $236.89. 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 cap of $9.20 billion, a P/E ratio of 17.04, a PEG ratio of 1.69 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, topping the consensus estimate of $4.44 by $0.09. The firm had revenue of $622.92 million for the quarter, compared to analyst estimates of $617.91 million. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. FactSet Research Systems’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.27 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, equities analysts expect that FactSet Research Systems Inc. will post 17.75 earnings per share for the current year.

FactSet Research Systems Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, May 29th were paid a $1.16 dividend. The ex-dividend date was Friday, May 29th. This is a positive change from FactSet Research Systems’s previous quarterly dividend of $1.10. This represents a $4.64 dividend on an annualized basis and a yield of 1.8%. FactSet Research Systems’s dividend payout ratio (DPR) is 30.57%.

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.