Sei Investments Co. lessened its stake in shares of FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 3.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 73,999 shares of the business services provider’s stock after selling 2,400 shares during the period. Sei Investments Co.’s holdings in FactSet Research Systems were worth $16,056,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its position in shares of 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 worth $4,021,376,000 after purchasing an additional 13,854,613 shares during the period. Bamco Inc. NY boosted its position in shares of FactSet Research Systems by 58.8% in the 4th quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider’s stock valued at $838,314,000 after purchasing an additional 1,069,786 shares during the period. State Street Corp boosted its position in shares of 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 valued at $561,873,000 after purchasing an additional 23,660 shares during the period. Invesco Ltd. increased its stake in FactSet Research Systems by 16.2% in the 3rd quarter. Invesco Ltd. now owns 793,832 shares of the business services provider’s stock worth $227,425,000 after purchasing an additional 110,686 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in FactSet Research Systems by 4,547.4% in 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 in the last quarter. 91.24% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have commented on FDS. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $240.00 price objective on shares of FactSet Research Systems in a research note on Thursday, July 2nd. Wolfe Research lifted their target price on shares of FactSet Research Systems from $225.00 to $240.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 1st. Morgan Stanley boosted their price target on shares of FactSet Research Systems from $228.00 to $230.00 and gave the company an “equal weight” rating 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 report on Monday, July 13th. Finally, UBS Group reaffirmed a “buy” rating on shares of FactSet Research Systems in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have assigned a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $253.00.
FactSet Research Systems Trading Down 6.5%
NYSE:FDS opened at $263.58 on Friday. The stock has a market cap of $9.38 billion, a PE ratio of 17.36, a price-to-earnings-growth ratio of 1.89 and a beta of 0.72. FactSet Research Systems Inc. has a fifty-two week low of $185.00 and a fifty-two week high of $409.16. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68. The stock’s 50-day moving average is $245.10 and its two-hundred day moving average is $232.96.
FactSet Research Systems (NYSE:FDS – Get Free Report) last posted its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.44 by $0.09. The business had revenue of $622.92 million during 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%. The firm’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.27 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. As a group, equities research analysts forecast that FactSet Research Systems Inc. will post 17.76 earnings per share for the current fiscal year.
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.
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