QRG Capital Management Inc. Buys 208 Shares of FactSet Research Systems Inc. $FDS

QRG Capital Management Inc. grew its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 15.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,547 shares of the business services provider’s stock after acquiring an additional 208 shares during the period. QRG Capital Management Inc.’s holdings in FactSet Research Systems were worth $692,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in 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 worth $2,180,160,000 after buying an additional 137,874 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in 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 worth $240,070,000 after buying an additional 22,458 shares in the last quarter. JPMorgan Chase & Co. raised its stake in 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 worth $229,940,000 after buying an additional 4,693 shares in the last quarter. Invesco Ltd. raised its stake in FactSet Research Systems by 7.6% in the first quarter. Invesco Ltd. now owns 490,698 shares of the business services provider’s stock worth $223,091,000 after buying an additional 34,549 shares in the last quarter. Finally, Northern Trust Corp raised its stake in 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 worth $184,409,000 after buying an additional 7,436 shares in the last quarter. Institutional investors own 91.24% of the company’s stock.

Insider Activity

In related news, insider Christopher Mcloughlin acquired 338 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The shares were purchased at an average cost of $296.19 per share, with a total value of $100,112.22. Following the completion of the acquisition, the insider directly owned 3,446 shares of the company’s stock, valued at $1,020,670.74. This represents a 10.88% increase in their ownership of the stock. The acquisition 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 the company’s stock in a transaction dated Monday, October 6th. The shares were bought at an average cost of $275.48 per share, for a total transaction of $101,927.60. Following the completion of the acquisition, the executive vice president directly owned 9,284 shares of the company’s stock, valued at approximately $2,557,556.32. The trade was a 4.15% increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 1.10% of the company’s stock.

FactSet Research Systems Price Performance

Shares of FDS opened at $282.87 on Friday. The firm has a market capitalization of $10.70 billion, a PE ratio of 18.19, a price-to-earnings-growth ratio of 2.08 and a beta of 0.79. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.40 and a quick ratio of 1.47. FactSet Research Systems Inc. has a 1-year low of $272.50 and a 1-year high of $499.87. The company’s fifty day moving average price is $345.72 and its 200-day moving average price is $405.37.

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

FactSet Research Systems Dividend Announcement

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

Analysts Set New Price Targets

FDS has been the subject of a number of recent research reports. Rothschild Redb raised shares of FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research note on Friday, September 12th. Zacks Research downgraded FactSet Research Systems from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 23rd. Evercore ISI reduced their price target on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating on the stock in a research report on Friday, September 19th. BMO Capital Markets reduced their price target on FactSet Research Systems from $452.00 to $324.00 and set a “market perform” rating on the stock in a research report on Friday, September 19th. Finally, Raymond James Financial raised FactSet Research Systems from an “underperform” rating to a “market perform” rating in a research report on Thursday, June 26th. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, FactSet Research Systems currently has an average rating of “Reduce” and an average price target of $356.78.

About FactSet Research Systems

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.