Heron Bay Capital Management Makes New $45.14 Million Investment in FactSet Research Systems Inc. $FDS

Heron Bay Capital Management bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 196,176 shares of the business services provider’s stock, valued at approximately $45,136,000. FactSet Research Systems comprises about 4.1% of Heron Bay Capital Management’s investment portfolio, making the stock its 8th largest holding. Heron Bay Capital Management owned 0.55% of FactSet Research Systems as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FDS. WPG Advisers LLC boosted its stake in FactSet Research Systems by 76.9% during the fourth quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock worth $27,000 after buying an additional 40 shares during the last quarter. Field & Main Bank acquired a new stake in shares of FactSet Research Systems in the 4th quarter worth $29,000. BOKF NA increased its stake in shares of 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 acquiring an additional 102 shares during the last quarter. Navalign LLC purchased a new position in shares of FactSet Research Systems during the 4th quarter worth $32,000. Finally, Litman Gregory Wealth Management LLC acquired a new position in shares of FactSet Research Systems during the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Trading Down 0.3%

Shares of FDS stock opened at $299.26 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a market cap of $10.64 billion, a PE ratio of 19.71, a price-to-earnings-growth ratio of 2.01 and a beta of 0.70. The company has a 50-day moving average of $257.01 and a two-hundred day moving average of $233.44. FactSet Research Systems Inc. has a 1-year low of $185.00 and a 1-year high of $386.52.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, beating analysts’ consensus estimates of $4.44 by $0.09. The business had revenue of $622.92 million during the quarter, compared to analysts’ expectations of $617.91 million. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period last year, the business earned $4.27 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, analysts predict that FactSet Research Systems Inc. will post 17.76 EPS for the current year.

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Monday, August 31st will be issued a $1.16 dividend. This represents a $4.64 annualized dividend and a yield of 1.6%. The ex-dividend date is Monday, August 31st. FactSet Research Systems’s dividend payout ratio (DPR) is 30.57%.

Analyst Ratings Changes

FDS has been the subject of a number of analyst reports. Wolfe Research upped their price objective on shares of FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a report on Wednesday, July 1st. UBS Group reiterated a “buy” rating on shares of FactSet Research Systems in a report on Wednesday, July 22nd. Wells Fargo & Company increased their price target on shares of FactSet Research Systems from $200.00 to $210.00 and gave the company an “underweight” rating in a research note on Thursday, July 2nd. Bank of America raised their price target on shares of FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a report on Thursday, July 2nd. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $240.00 price target on shares of FactSet Research Systems in a research report on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have assigned a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus 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.