Jupiter Topco LLC Buys New Shares in FactSet Research Systems Inc. $FDS

Jupiter Topco LLC purchased a new stake in FactSet Research Systems Inc. (NYSE:FDS) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 16,105 shares of the business services provider’s stock, valued at approximately $3,711,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of FactSet Research Systems by 444,058.1% during 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 buying an additional 13,854,613 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of FactSet Research Systems in the second quarter valued at about $657,658,000. Bamco Inc. NY increased its position in shares of FactSet Research Systems by 58.8% in the fourth quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider’s stock valued at $838,314,000 after acquiring an additional 1,069,786 shares during the last quarter. AQR Capital Management LLC raised its holdings in FactSet Research Systems by 4,547.4% during the fourth quarter. AQR Capital Management LLC now owns 705,062 shares of the business services provider’s stock worth $204,602,000 after acquiring an additional 689,891 shares in the last quarter. Finally, Bank of Montreal Can raised its holdings in FactSet Research Systems by 1,843.9% during 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. 91.24% of the stock is owned by institutional investors.

Analysts Set New Price Targets

FDS has been the subject of several recent research reports. Wolfe Research increased their price target on FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a research report on Wednesday, July 1st. Royal Bank Of Canada upped their price objective on FactSet Research Systems from $240.00 to $304.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 27th. Deutsche Bank Aktiengesellschaft upped their price objective on FactSet Research Systems from $275.00 to $280.00 and gave the stock a “hold” rating in a research note on Thursday, July 2nd. Weiss Ratings raised shares of FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, July 13th. Finally, Morgan Stanley boosted their target price on shares of FactSet Research Systems from $228.00 to $230.00 and gave the stock an “equal weight” rating in a report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have issued a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $257.57.

FactSet Research Systems Price Performance

Shares of FDS opened at $304.39 on Wednesday. The firm has a market capitalization of $10.83 billion, a PE ratio of 20.05, a PEG ratio of 2.10 and a beta of 0.71. The company’s 50-day moving average is $267.90 and its 200-day moving average is $237.99. FactSet Research Systems Inc. has a fifty-two week low of $185.00 and a fifty-two week high of $377.07. 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 (NYSE:FDS) last announced its 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 the consensus estimate of $617.91 million. During the same quarter in the previous year, the firm posted $4.27 EPS. FactSet Research Systems’s 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. Equities analysts forecast that FactSet Research Systems Inc. will post 17.76 EPS for the current year.

FactSet Research Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Monday, August 31st will be paid a $1.16 dividend. The ex-dividend date is Monday, August 31st. This represents a $4.64 annualized dividend and a yield of 1.5%. FactSet Research Systems’s payout ratio is 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.