FactSet Research Systems Inc. $FDS Shares Acquired by Fifth Third Bancorp

Fifth Third Bancorp increased its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 224.3% during the 1st quarter, Holdings Channel reports. The institutional investor owned 12,069 shares of the business services provider’s stock after purchasing an additional 8,348 shares during the quarter. Fifth Third Bancorp’s holdings in FactSet Research Systems were worth $2,619,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its stake 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 valued at $4,021,376,000 after buying an additional 13,854,613 shares in the last quarter. Bamco Inc. NY increased its stake in shares of FactSet Research Systems by 58.8% during the fourth quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider’s stock worth $838,314,000 after acquiring an additional 1,069,786 shares during the period. AQR Capital Management LLC increased its position in 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 period. Bank of Montreal Can raised its position in FactSet Research Systems by 1,843.9% in the fourth quarter. Bank of Montreal Can now owns 597,723 shares of the business services provider’s stock worth $173,453,000 after acquiring an additional 566,975 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of FactSet Research Systems during the 4th quarter valued at approximately $151,492,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Performance

FactSet Research Systems stock opened at $256.00 on Tuesday. The firm’s 50 day simple moving average is $237.87 and its 200-day simple moving average is $234.64. 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 Inc. has a fifty-two week low of $185.00 and a fifty-two week high of $432.88. The company has a market cap of $9.11 billion, a P/E ratio of 16.86, a price-to-earnings-growth ratio of 1.73 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $617.91 million. During the same period last year, the company posted $4.27 earnings per share. The firm’s quarterly revenue 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. As a group, equities research analysts predict that FactSet Research Systems Inc. will post 17.75 EPS for the current year.

FactSet Research Systems Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders 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 annualized dividend and a dividend yield of 1.8%. FactSet Research Systems’s dividend payout ratio is 30.57%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on FDS. UBS Group reduced their price objective on FactSet Research Systems from $380.00 to $340.00 and set a “buy” rating on the stock in a research report on Thursday, July 2nd. Royal Bank Of Canada restated a “sector perform” rating and set a $240.00 price target on shares of FactSet Research Systems in a research note on Thursday, July 2nd. The Goldman Sachs Group lowered shares of FactSet Research Systems from a “sell” rating to an “underweight” rating in a report on Thursday, June 18th. Weiss Ratings upgraded FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, July 13th. Finally, Jefferies Financial Group raised their target price on FactSet Research Systems from $225.00 to $253.00 and gave the company a “hold” 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, ten have given a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, FactSet Research Systems has a consensus rating of “Reduce” and a consensus target price of $253.00.

FactSet Research Systems Company 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.