Royal Bank of Canada Increases Holdings in FactSet Research Systems Inc. $FDS

Royal Bank of Canada boosted its position in FactSet Research Systems Inc. (NYSE:FDS) by 71.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 190,015 shares of the business services provider’s stock after buying an additional 78,982 shares during the quarter. Royal Bank of Canada’s holdings in FactSet Research Systems were worth $41,231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of FactSet Research Systems by 444,058.1% in the 4th 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 acquiring an additional 13,854,613 shares during the last quarter. Bamco Inc. NY raised its position in 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 worth $838,314,000 after purchasing an additional 1,069,786 shares during the period. AQR Capital Management LLC raised its position 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 during the period. Bank of Montreal Can lifted its stake 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 purchasing an additional 566,975 shares during the last quarter. Finally, Norges Bank purchased a new stake in FactSet Research Systems during the fourth quarter valued at about $151,492,000. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Stock Performance

Shares of NYSE:FDS opened at $263.66 on Monday. 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 company has a 50-day moving average price of $245.74 and a 200-day moving average price of $232.72. The company has a market cap of $9.38 billion, a price-to-earnings ratio of 17.37, a price-to-earnings-growth ratio of 1.77 and a beta of 0.70. FactSet Research Systems Inc. has a 12 month low of $185.00 and a 12 month high of $409.16.

FactSet Research Systems (NYSE:FDS) last posted its earnings results 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. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The company had revenue of $622.92 million for the quarter, compared to analysts’ expectations of $617.91 million. During the same period last year, the firm earned $4.27 earnings per share. 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. As a group, equities analysts anticipate that FactSet Research Systems Inc. will post 17.76 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently commented on FDS shares. Rothschild & Co Redburn downgraded FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price objective on the stock. in a report on Thursday, June 18th. Wolfe Research increased their target price on FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a report on Wednesday, July 1st. Bank of America raised their price target on FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research report on Thursday, July 2nd. Weiss Ratings upgraded FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 13th. Finally, Jefferies Financial Group increased their price objective 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 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’s stock. Based on data from MarketBeat, FactSet Research Systems currently has an average rating of “Reduce” and an average target price of $253.00.

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.