Birch Capital Management LLC Buys 7,899 Shares of FactSet Research Systems Inc. $FDS

Birch Capital Management LLC grew its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 49.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,747 shares of the business services provider’s stock after buying an additional 7,899 shares during the quarter. FactSet Research Systems accounts for approximately 2.7% of Birch Capital Management LLC’s holdings, making the stock its 15th largest position. Birch Capital Management LLC owned approximately 0.07% of FactSet Research Systems worth $5,464,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. BOKF NA lifted its holdings in FactSet Research Systems by 5,100.0% in the 3rd quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after purchasing an additional 102 shares in the last quarter. Navalign LLC purchased a new stake in shares of FactSet Research Systems in the fourth quarter valued at $32,000. Litman Gregory Wealth Management LLC purchased a new stake in shares of FactSet Research Systems in the fourth quarter worth approximately $32,000. Elyxium Wealth LLC purchased a new stake in shares of FactSet Research Systems during the fourth quarter valued at $35,000. Finally, Geneos Wealth Management Inc. raised its position in 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 valued at $45,000 after purchasing an additional 64 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on FDS shares. Bank of America lifted their price target on FactSet Research Systems from $205.00 to $210.00 and gave the company an “underperform” rating in a report on Thursday, July 2nd. Wolfe Research boosted their target price on shares of FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft increased their price target on shares of FactSet Research Systems from $275.00 to $280.00 and gave the stock a “hold” rating in a report on Thursday, July 2nd. UBS Group reiterated a “buy” rating on shares of FactSet Research Systems in a research note on Wednesday, July 22nd. Finally, Barclays boosted their target price on FactSet Research Systems from $210.00 to $216.00 and gave the stock an “underweight” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have given a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $257.57.

FactSet Research Systems Stock Performance

NYSE FDS opened at $304.39 on Wednesday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.44. The firm has a market cap of $10.83 billion, a P/E ratio of 20.05, a P/E/G ratio of 2.10 and a beta of 0.71. The business’s 50-day moving average price is $267.90 and its 200 day moving average price is $237.99. FactSet Research Systems Inc. has a 52-week low of $185.00 and a 52-week high of $377.07.

FactSet Research Systems (NYSE:FDS) last issued its 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 the consensus estimate of $617.91 million. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the prior year, the business posted $4.27 EPS. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, equities research analysts expect that FactSet Research Systems Inc. will post 17.76 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The business also recently declared 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. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.5%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 30.57%.

About FactSet Research Systems

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.