Kinsale Capital Group Inc. Buys 4,669 Shares of FactSet Research Systems Inc. $FDS

Kinsale Capital Group Inc. grew its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 26.3% in the first quarter, Holdings Channel reports. The institutional investor owned 22,418 shares of the business services provider’s stock after purchasing an additional 4,669 shares during the period. Kinsale Capital Group Inc.’s holdings in FactSet Research Systems were worth $4,864,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Jones Financial Companies Lllp raised its holdings in FactSet Research Systems by 5.6% in the 1st quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock valued at $785,000 after acquiring an additional 91 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of 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 in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of FactSet Research Systems by 188.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock worth $45,000 after purchasing an additional 64 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of FactSet Research Systems by 58.6% during the second 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 during the period. Finally, Cerity Partners LLC increased its position in shares of FactSet Research Systems by 15.6% during the second quarter. Cerity Partners LLC now owns 5,247 shares of the business services provider’s stock valued at $2,347,000 after purchasing an additional 707 shares during the period. Institutional investors own 91.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on FDS. Barclays upped their target price on FactSet Research Systems from $210.00 to $216.00 and gave the company an “underweight” rating in a research note on Monday, July 6th. Rothschild & Co Redburn downgraded shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price target on the stock. in a research note on Thursday, June 18th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $240.00 price target on shares of FactSet Research Systems in a report on Thursday, July 2nd. Wells Fargo & Company increased their price objective on shares of FactSet Research Systems from $200.00 to $210.00 and gave the company an “underweight” rating in a research note on Thursday, July 2nd. Finally, BMO Capital Markets raised their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $253.00.

FactSet Research Systems Trading Down 1.6%

Shares of FDS opened at $258.35 on Friday. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $439.11. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. The stock has a 50 day simple moving average of $237.13 and a 200-day simple moving average of $235.30. The stock has a market cap of $9.19 billion, a PE ratio of 17.02, a PEG ratio of 1.73 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results 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. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The business had revenue of $622.92 million for the quarter, compared to analyst estimates of $617.91 million. During the same quarter in the previous year, the firm earned $4.27 EPS. FactSet Research Systems’s quarterly 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. On average, sell-side analysts predict that FactSet Research Systems Inc. will post 17.75 EPS for the current fiscal year.

FactSet Research Systems Increases Dividend

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

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.