Regents of The University of California Buys 122,611 Shares of FactSet Research Systems Inc. $FDS

Regents of The University of California raised its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 118.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 226,375 shares of the business services provider’s stock after acquiring an additional 122,611 shares during the quarter. FactSet Research Systems makes up 1.6% of Regents of The University of California’s portfolio, making the stock its 8th biggest position. Regents of The University of California’s holdings in FactSet Research Systems were worth $49,121,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp grew its stake in FactSet Research Systems by 5.6% in the first quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock worth $785,000 after purchasing an additional 91 shares in the last quarter. Empowered Funds LLC raised its stake in FactSet Research Systems by 27.6% during the first quarter. Empowered Funds LLC now owns 972 shares of the business services provider’s stock valued at $442,000 after buying an additional 210 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings 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 worth $45,000 after buying an additional 64 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of FactSet Research Systems by 58.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the business services provider’s stock worth $62,000 after acquiring an additional 51 shares in the last quarter. Finally, Cerity Partners LLC grew its position in shares of FactSet Research Systems by 15.6% in the 2nd quarter. Cerity Partners LLC now owns 5,247 shares of the business services provider’s stock worth $2,347,000 after acquiring an additional 707 shares in the last quarter. 91.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

FDS has been the subject of a number of research analyst reports. Wolfe Research boosted their price target on FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a report on Wednesday, July 1st. The Goldman Sachs Group lowered shares of FactSet Research Systems from a “sell” rating to an “underweight” rating in a research note on Thursday, June 18th. Barclays increased their target price on shares of FactSet Research Systems from $210.00 to $216.00 and gave the stock an “underweight” rating in a report on Monday, July 6th. BMO Capital Markets lifted their price target on shares of FactSet Research Systems from $257.00 to $275.00 and gave the company a “market perform” rating in a report on Thursday, July 2nd. Finally, Jefferies Financial Group boosted their price objective on shares of FactSet Research Systems from $225.00 to $253.00 and gave the company a “hold” rating in a research 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 given a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat.com, FactSet Research Systems presently has an average rating of “Reduce” and an average price target of $253.00.

FactSet Research Systems Stock Up 0.2%

FDS stock opened at $263.66 on Friday. The stock has a market cap of $9.38 billion, a PE ratio of 17.37, a price-to-earnings-growth ratio of 1.77 and a beta of 0.72. The firm’s 50-day simple moving average is $245.74 and its 200 day simple moving average is $233.17. 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 quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.44.

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, beating analysts’ consensus estimates 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 firm had revenue of $622.92 million during the quarter, compared to analyst estimates of $617.91 million. During the same period in the previous year, the business posted $4.27 EPS. FactSet Research Systems’s 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, sell-side analysts predict that FactSet Research Systems Inc. will post 17.76 EPS for the current year.

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.