3,315 Shares in FactSet Research Systems Inc. $FDS Purchased by Evolve Private Wealth LLC

Evolve Private Wealth LLC bought a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,315 shares of the business services provider’s stock, valued at approximately $763,000.

A number of other large investors have also recently made changes to their positions in FDS. Investment House LLC lifted its holdings in FactSet Research Systems by 311.5% in the fourth quarter. Investment House LLC now owns 42,393 shares of the business services provider’s stock valued at $12,302,000 after acquiring an additional 32,092 shares during the period. Hendley & Co. Inc. bought a new stake in shares of FactSet Research Systems during the 4th quarter valued at about $2,162,000. Regents of The University of California increased its position in shares of FactSet Research Systems by 118.2% during the 1st quarter. Regents of The University of California now owns 226,375 shares of the business services provider’s stock valued at $49,121,000 after purchasing an additional 122,611 shares during the last quarter. Deane Retirement Strategies Inc. purchased a new stake in shares of FactSet Research Systems during the 2nd quarter valued at about $3,760,000. Finally, Kinsale Capital Group Inc. bought a new position in shares of FactSet Research Systems in the 4th quarter worth approximately $5,151,000. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Trading Up 1.7%

Shares of FactSet Research Systems stock opened at $305.07 on Tuesday. 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 $10.85 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 2.01 and a beta of 0.70. FactSet Research Systems Inc. has a twelve month low of $185.00 and a twelve month high of $386.52. The business has a 50-day moving average price of $258.40 and a 200-day moving average price of $233.91.

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

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Monday, August 31st will be given a dividend of $1.16 per share. 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 dividend payout ratio (DPR) is 30.57%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on FDS shares. Rothschild & Co Redburn downgraded shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price objective on the stock. in a report on Thursday, June 18th. UBS Group reiterated a “buy” rating on shares of FactSet Research Systems in a research report on Wednesday, July 22nd. Morgan Stanley lifted their price target on shares of FactSet Research Systems from $228.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 2nd. 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. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $253.00.

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.