Mitsubishi UFJ Asset Management Co. Ltd. Takes Position in FactSet Research Systems Inc. $FDS

Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS) in the 2nd quarter, Holdings Channel.com reports. The firm bought 65,443 shares of the business services provider’s stock, valued at approximately $15,059,000.

A number of other hedge funds have also recently bought and sold shares of FDS. Northwestern Mutual Wealth Management Co. lifted its stake in 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 valued at $4,021,376,000 after purchasing an additional 13,854,613 shares during the last quarter. Bamco Inc. NY boosted its holdings in FactSet Research Systems by 58.8% during the fourth quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider’s stock worth $838,314,000 after buying an additional 1,069,786 shares in the last quarter. State Street Corp grew its position in FactSet Research Systems by 1.2% in the third quarter. State Street Corp now owns 1,961,231 shares of the business services provider’s stock worth $561,873,000 after buying an additional 23,660 shares during the last quarter. Bank of America Corp DE grew its position in FactSet Research Systems by 33.6% in the first quarter. Bank of America Corp DE now owns 842,715 shares of the business services provider’s stock worth $182,861,000 after buying an additional 212,022 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in shares of FactSet Research Systems by 16.2% in the third quarter. Invesco Ltd. now owns 793,832 shares of the business services provider’s stock valued at $227,425,000 after buying an additional 110,686 shares in the last quarter. 91.24% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FDS has been the subject of several research reports. Deutsche Bank Aktiengesellschaft raised 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. Morgan Stanley boosted their target price on FactSet Research Systems from $228.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 2nd. BMO Capital Markets increased their price target on FactSet Research Systems from $257.00 to $275.00 and gave the company a “market perform” rating in a research report on Thursday, July 2nd. The Goldman Sachs Group cut FactSet Research Systems from a “sell” rating to an “underweight” rating in a research note on Thursday, June 18th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have assigned a Hold rating and six have issued a Sell rating to the company’s stock. According to MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Reduce” and a consensus target price of $253.00.

FactSet Research Systems Stock Performance

Shares of FactSet Research Systems stock opened at $298.45 on Friday. FactSet Research Systems Inc. has a 12 month low of $185.00 and a 12 month high of $387.20. 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 stock has a market cap of $10.62 billion, a PE ratio of 19.66, a price-to-earnings-growth ratio of 2.00 and a beta of 0.70. The business has a fifty day simple moving average of $255.86 and a 200-day simple moving average of $232.97.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, beating 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 firm had revenue of $622.92 million for the quarter, compared to analyst estimates of $617.91 million. During the same period in the previous 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. On average, sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.76 EPS for the current fiscal 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 $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, August 31st. FactSet Research Systems’s dividend 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.