Birch Capital Management LLC Has $3.82 Million Stock Position in FactSet Research Systems Inc. $FDS

Birch Capital Management LLC reduced its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 0.7% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 8,547 shares of the business services provider’s stock after selling 64 shares during the period. FactSet Research Systems makes up approximately 2.0% of Birch Capital Management LLC’s holdings, making the stock its 20th biggest holding. Birch Capital Management LLC’s holdings in FactSet Research Systems were worth $3,823,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of FactSet Research Systems by 3.0% in the first quarter. Vanguard Group Inc. now owns 4,795,354 shares of the business services provider’s stock valued at $2,180,160,000 after purchasing an additional 137,874 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of FactSet Research Systems by 4.4% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 528,045 shares of the business services provider’s stock valued at $240,070,000 after purchasing an additional 22,458 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of FactSet Research Systems by 0.9% in the first quarter. JPMorgan Chase & Co. now owns 505,761 shares of the business services provider’s stock valued at $229,940,000 after purchasing an additional 4,693 shares during the last quarter. Invesco Ltd. raised its holdings in shares of FactSet Research Systems by 7.6% in the first quarter. Invesco Ltd. now owns 490,698 shares of the business services provider’s stock valued at $223,091,000 after purchasing an additional 34,549 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of FactSet Research Systems by 1.9% in the first quarter. Northern Trust Corp now owns 405,616 shares of the business services provider’s stock valued at $184,409,000 after purchasing an additional 7,436 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Christopher Mcloughlin acquired 338 shares of FactSet Research Systems stock in a transaction on Tuesday, September 23rd. The stock was purchased at an average cost of $296.19 per share, with a total value of $100,112.22. Following the completion of the transaction, the insider directly owned 3,446 shares in the company, valued at $1,020,670.74. This trade represents a 10.88% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Helen L. Shan acquired 370 shares of FactSet Research Systems stock in a transaction on Monday, October 6th. The shares were bought at an average cost of $275.48 per share, with a total value of $101,927.60. Following the completion of the transaction, the executive vice president owned 9,284 shares of the company’s stock, valued at approximately $2,557,556.32. This trade represents a 4.15% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 1.10% of the company’s stock.

FactSet Research Systems Trading Up 0.5%

FDS stock opened at $282.87 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.40 and a quick ratio of 1.47. The company has a fifty day moving average price of $345.72 and a two-hundred day moving average price of $405.37. FactSet Research Systems Inc. has a one year low of $272.50 and a one year high of $499.87. The stock has a market cap of $10.70 billion, a price-to-earnings ratio of 18.19, a price-to-earnings-growth ratio of 2.08 and a beta of 0.79.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Thursday, September 18th. The business services provider reported $4.05 EPS for the quarter, missing analysts’ consensus estimates of $4.13 by ($0.08). FactSet Research Systems had a return on equity of 31.06% and a net margin of 25.72%.The company had revenue of $596.90 million for the quarter, compared to the consensus estimate of $593.32 million. During the same period last year, the firm earned $3.74 earnings per share. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Equities analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Friday, August 29th were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Friday, August 29th. FactSet Research Systems’s payout ratio is 28.30%.

Wall Street Analysts Forecast Growth

FDS has been the topic of a number of recent research reports. Morgan Stanley lowered their price objective on shares of FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating on the stock in a report on Friday, September 19th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $503.00 price objective on shares of FactSet Research Systems in a report on Friday, June 20th. Barclays lowered their price objective on shares of FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating on the stock in a report on Friday, September 19th. BMO Capital Markets decreased their target price on shares of FactSet Research Systems from $452.00 to $324.00 and set a “market perform” rating for the company in a research note on Friday, September 19th. Finally, UBS Group raised shares of FactSet Research Systems from a “neutral” rating to a “buy” rating and decreased their target price for the company from $480.00 to $425.00 in a research note on Monday, September 22nd. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $356.78.

FactSet Research Systems Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.