Empirical Asset Management LLC Makes New $552,000 Investment in FactSet Research Systems Inc. $FDS

Empirical Asset Management LLC purchased a new stake in FactSet Research Systems Inc. (NYSE:FDS) in the 2nd quarter, HoldingsChannel reports. The fund purchased 2,399 shares of the business services provider’s stock, valued at approximately $552,000.

Several other institutional investors have also recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its position in shares of FactSet Research Systems by 5.6% during the 1st quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock worth $785,000 after purchasing an additional 91 shares in the last quarter. Empowered Funds LLC raised its stake in FactSet Research Systems by 27.6% during the 1st quarter. Empowered Funds LLC now owns 972 shares of the business services provider’s stock worth $442,000 after buying an additional 210 shares during the period. Geneos Wealth Management Inc. boosted its holdings in FactSet Research Systems by 188.2% in 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 in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in FactSet Research Systems by 58.6% in 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 in the last quarter. Finally, Cerity Partners LLC grew its stake 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 valued at $2,347,000 after acquiring an additional 707 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on FDS. Wolfe Research upped their target price on FactSet Research Systems from $225.00 to $240.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft upped their price objective on shares of FactSet Research Systems from $275.00 to $280.00 and gave the stock a “hold” rating in a report on Thursday, July 2nd. Bank of America raised their price objective on shares of FactSet Research Systems from $205.00 to $210.00 and gave the company an “underperform” rating in a research note on Thursday, July 2nd. The Goldman Sachs Group downgraded shares of FactSet Research Systems from a “sell” rating to an “underweight” rating in a research report on Thursday, June 18th. Finally, BMO Capital Markets upped their target price on shares of FactSet Research Systems from $257.00 to $275.00 and gave the stock a “market perform” rating in a report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have assigned a Hold rating and six have issued 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.

FactSet Research Systems Trading Up 3.1%

Shares of FactSet Research Systems stock opened at $285.34 on Wednesday. The stock has a fifty day simple moving average of $253.61 and a 200 day simple moving average of $232.34. FactSet Research Systems Inc. has a 12-month low of $185.00 and a 12-month high of $387.75. The company has a market capitalization of $10.15 billion, a P/E ratio of 18.80, a price-to-earnings-growth ratio of 1.90 and a beta of 0.70. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44.

FactSet Research Systems (NYSE:FDS) last released 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. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The business had revenue of $622.92 million during the quarter, compared to analyst estimates of $617.91 million. During the same period in the prior year, the firm posted $4.27 EPS. FactSet Research Systems’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. On average, sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.76 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders 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 dividend yield of 1.6%. FactSet Research Systems’s dividend payout ratio is currently 30.57%.

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.