Sanctuary Advisors LLC Purchases Shares of 12,988 FactSet Research Systems Inc. $FDS

Sanctuary Advisors LLC purchased a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 12,988 shares of the business services provider’s stock, valued at approximately $2,988,000.

Other large investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its position in FactSet Research Systems by 444,058.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 13,857,733 shares of the business services provider’s stock valued at $4,021,376,000 after purchasing an additional 13,854,613 shares during the last quarter. BlackRock Inc. bought a new position in FactSet Research Systems in the second quarter valued at approximately $657,658,000. Bamco Inc. NY increased its position in shares of FactSet Research Systems by 58.8% during the 4th quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider’s stock worth $838,314,000 after purchasing an additional 1,069,786 shares during the last quarter. AQR Capital Management LLC increased its position in shares of FactSet Research Systems by 4,547.4% during the 4th quarter. AQR Capital Management LLC now owns 705,062 shares of the business services provider’s stock worth $204,602,000 after purchasing an additional 689,891 shares during the last quarter. Finally, Bank of Montreal Can raised its stake in shares of FactSet Research Systems by 1,843.9% during the 4th quarter. Bank of Montreal Can now owns 597,723 shares of the business services provider’s stock worth $173,453,000 after purchasing an additional 566,975 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Trading Down 3.0%

Shares of FactSet Research Systems stock opened at $296.00 on Wednesday. The business has a fifty day simple moving average of $259.55 and a two-hundred day simple moving average of $234.41. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $386.52. The company has a market capitalization of $10.53 billion, a price-to-earnings ratio of 19.50, a P/E/G ratio of 2.05 and a beta of 0.70. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, beating the consensus estimate of $4.44 by $0.09. The firm had revenue of $622.92 million for the quarter, compared to the consensus estimate of $617.91 million. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the company earned $4.27 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Research analysts forecast that FactSet Research Systems Inc. will post 17.76 EPS for the current year.

FactSet Research Systems Announces Dividend

The business 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 dividend of $1.16 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.64 annualized dividend and a dividend yield of 1.6%. FactSet Research Systems’s payout ratio is presently 30.57%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on FDS shares. Bank of America increased their price objective on FactSet Research Systems from $205.00 to $210.00 and gave the company an “underperform” rating in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of FactSet Research Systems from $275.00 to $280.00 and gave the company a “hold” rating in a research report on Thursday, July 2nd. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $240.00 target price on shares of FactSet Research Systems in a report on Thursday, July 2nd. Weiss Ratings upgraded shares of FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, July 13th. Finally, UBS Group reiterated a “buy” rating on shares of FactSet Research Systems in a report on Wednesday, July 22nd. One research 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 company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $253.00.

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.