The Manufacturers Life Insurance Company Takes Position in FactSet Research Systems Inc. $FDS

The Manufacturers Life Insurance Company bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) during the second quarter, Holdings Channel.com reports. The fund bought 27,064 shares of the business services provider’s stock, valued at approximately $6,227,000.

Several other hedge funds have also added to or reduced their stakes in FDS. BOKF NA lifted its stake in shares of FactSet Research Systems by 5,100.0% during the 3rd quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after buying an additional 102 shares during the last quarter. Navalign LLC acquired a new position in FactSet Research Systems in the 4th quarter valued at $32,000. Litman Gregory Wealth Management LLC bought a new position in FactSet Research Systems during the fourth quarter worth about $32,000. Elyxium Wealth LLC bought a new position in shares of FactSet Research Systems during the fourth quarter worth approximately $35,000. Finally, Geneos Wealth Management Inc. increased its stake in FactSet Research Systems by 188.2% during the 1st 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. Institutional investors and hedge funds own 91.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on FDS shares. UBS Group reissued a “buy” rating on shares of FactSet Research Systems in a report on Wednesday, July 22nd. Barclays upped their target price on FactSet Research Systems from $210.00 to $216.00 and gave the stock an “underweight” rating in a report on Monday, July 6th. Deutsche Bank Aktiengesellschaft boosted their price target on FactSet Research Systems from $275.00 to $280.00 and gave the stock a “hold” rating in a report on Thursday, July 2nd. Wells Fargo & Company lifted their target price on shares of FactSet Research Systems from $200.00 to $210.00 and gave the stock an “underweight” rating in a research report on Thursday, July 2nd. Finally, The Goldman Sachs Group cut shares of FactSet Research Systems from a “sell” rating to an “underweight” rating in a research report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have given a Hold rating and six have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $257.57.

FactSet Research Systems Price Performance

FactSet Research Systems stock opened at $309.63 on Monday. The stock’s 50 day moving average is $264.27 and its 200 day moving average is $236.44. FactSet Research Systems Inc. has a one year low of $185.00 and a one year high of $377.07. The firm has a market cap of $11.01 billion, a P/E ratio of 20.40, a P/E/G ratio of 2.07 and a beta of 0.70. 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 released its quarterly earnings results 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 net margin of 23.21% and a return on equity of 30.68%. The firm had revenue of $622.92 million during the quarter, compared to analyst estimates of $617.91 million. During the same quarter last year, the business earned $4.27 EPS. The company’s 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. As a group, research analysts expect that FactSet Research Systems Inc. will post 17.76 EPS for the current year.

FactSet Research Systems Announces Dividend

The company 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. 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 payout ratio is presently 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.