Royal London Asset Management Ltd. Decreases Stock Position in FactSet Research Systems Inc. $FDS

Royal London Asset Management Ltd. lessened its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 2.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 149,640 shares of the business services provider’s stock after selling 4,324 shares during the period. Royal London Asset Management Ltd.’s holdings in FactSet Research Systems were worth $34,429,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in FDS. Northwestern Mutual Wealth Management Co. lifted its position in shares of FactSet Research Systems by 444,058.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 13,857,733 shares of the business services provider’s stock worth $4,021,376,000 after buying an additional 13,854,613 shares in the last quarter. Bamco Inc. NY purchased a new position in FactSet Research Systems during the 2nd quarter valued at approximately $966,533,000. BlackRock Inc. bought a new stake in FactSet Research Systems in the 2nd quarter worth approximately $657,658,000. State Street Corp increased its stake in FactSet Research Systems by 1.2% in the 3rd quarter. State Street Corp now owns 1,961,231 shares of the business services provider’s stock worth $561,873,000 after acquiring an additional 23,660 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of FactSet Research Systems by 33.6% during the 1st quarter. Bank of America Corp DE now owns 842,715 shares of the business services provider’s stock worth $182,861,000 after acquiring an additional 212,022 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Performance

Shares of NYSE:FDS opened at $309.63 on Friday. The company has a market capitalization of $11.01 billion, a price-to-earnings ratio of 20.40, a PEG ratio of 2.07 and a beta of 0.70. FactSet Research Systems Inc. has a 12 month low of $185.00 and a 12 month high of $377.07. The firm’s 50-day moving average is $264.27 and its 200 day moving average is $236.21. 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 announced its quarterly earnings data on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.44 by $0.09. The business had revenue of $622.92 million during 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 firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the firm earned $4.27 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Research analysts predict that FactSet Research Systems Inc. will post 17.76 EPS for the current year.

FactSet Research Systems Announces Dividend

The firm also recently announced 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 1.5%. The ex-dividend date is Monday, August 31st. FactSet Research Systems’s dividend payout ratio (DPR) is 30.57%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Rothschild & Co Redburn downgraded FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 target price for the company. in a research report on Thursday, June 18th. The Goldman Sachs Group cut shares of FactSet Research Systems from a “sell” rating to an “underweight” rating in a research report on Thursday, June 18th. Jefferies Financial Group increased their price objective on shares of FactSet Research Systems from $225.00 to $253.00 and gave the company a “hold” rating in a research report on Thursday, July 2nd. BMO Capital Markets boosted their target price on shares of FactSet Research Systems from $257.00 to $275.00 and gave the stock a “market perform” rating in a report on Thursday, July 2nd. Finally, Wells Fargo & Company increased their price target on shares of FactSet Research Systems from $200.00 to $210.00 and gave the company an “underweight” rating in a report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have given a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $257.57.

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.