FactSet Research Systems Inc. $FDS Shares Sold by Waverly Advisors LLC

Waverly Advisors LLC reduced its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 40.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,099 shares of the business services provider’s stock after selling 2,830 shares during the period. Waverly Advisors LLC’s holdings in FactSet Research Systems were worth $889,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its holdings in shares of FactSet Research Systems by 5.6% in the 1st quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock valued at $785,000 after buying an additional 91 shares during the period. Empowered Funds LLC boosted its stake in shares of FactSet Research Systems by 27.6% in 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. grew its holdings in FactSet Research Systems by 188.2% during the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock worth $45,000 after acquiring an additional 64 shares during the period. EverSource Wealth Advisors LLC grew its holdings in FactSet Research Systems by 58.6% during the second 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 during the period. Finally, Cerity Partners LLC raised its position in FactSet Research Systems by 15.6% in the second 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. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Up 0.2%

FDS stock opened at $263.66 on Friday. The company’s 50 day simple moving average is $245.74 and its 200-day simple moving average is $233.17. The firm has a market capitalization of $9.38 billion, a PE ratio of 17.37, a P/E/G ratio of 1.77 and a beta of 0.72. FactSet Research Systems Inc. has a 12 month low of $185.00 and a 12 month high of $409.16. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $617.91 million. During the same period in the previous year, the firm posted $4.27 EPS. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Equities analysts expect that FactSet Research Systems Inc. will post 17.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on FDS shares. Morgan Stanley raised their target price on FactSet Research Systems from $228.00 to $230.00 and gave the company an “equal weight” rating in a report on Thursday, July 2nd. UBS Group reaffirmed a “buy” rating on shares of FactSet Research Systems in a research note on Wednesday, July 22nd. Rothschild & Co Redburn cut shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price objective for the company. in a research note on Thursday, June 18th. The Goldman Sachs Group cut shares of FactSet Research Systems from a “sell” rating to an “underweight” rating in a research note on Thursday, June 18th. Finally, Bank of America upped their target price on shares of FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research report on Thursday, July 2nd. One equities 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, FactSet Research Systems presently has a consensus rating of “Reduce” and an average price target 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.