PDT Partners LLC Takes Position in FactSet Research Systems Inc. $FDS

PDT Partners LLC bought a new stake in FactSet Research Systems Inc. (NYSE:FDS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,000 shares of the business services provider’s stock, valued at approximately $690,000.

Several other hedge funds have also recently added to or reduced their stakes in FDS. Geneos Wealth Management Inc. lifted its stake 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 purchasing an additional 64 shares during the period. BOKF NA grew its stake in shares of FactSet Research Systems by 5,100.0% in the 3rd quarter. BOKF NA now owns 104 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 102 shares during the period. Navalign LLC bought a new position in shares of FactSet Research Systems during the 4th quarter worth approximately $32,000. Litman Gregory Wealth Management LLC bought a new position in shares of FactSet Research Systems during the 4th quarter worth approximately $32,000. Finally, MUFG Securities EMEA plc acquired a new stake in FactSet Research Systems in the 2nd quarter valued at $50,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Up 3.2%

Shares of FDS opened at $304.81 on Friday. The firm has a market capitalization of $10.84 billion, a price-to-earnings ratio of 20.08, a PEG ratio of 1.98 and a beta of 0.70. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.68. The business’s fifty day moving average price is $262.53 and its two-hundred day moving average price is $235.69. FactSet Research Systems Inc. has a 52 week low of $185.00 and a 52 week high of $381.68.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, topping the consensus estimate of $4.44 by $0.09. The firm had revenue of $622.92 million during the quarter, compared to analysts’ expectations of $617.91 million. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business posted $4.27 EPS. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, analysts predict that FactSet Research Systems Inc. will post 17.76 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Monday, August 31st will be given a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 31st. FactSet Research Systems’s dividend payout ratio (DPR) is currently 30.57%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Bank of America upped their price target on FactSet Research Systems from $205.00 to $210.00 and gave the company an “underperform” rating in a research report on Thursday, July 2nd. The Goldman Sachs Group cut FactSet Research Systems from a “sell” rating to an “underweight” rating in a report on Thursday, June 18th. Morgan Stanley boosted their target price on shares of FactSet Research Systems from $228.00 to $230.00 and gave the company an “equal weight” rating in a research note on Thursday, July 2nd. Wolfe Research upped their target price on shares of FactSet Research Systems from $225.00 to $240.00 and gave the stock an “underperform” rating in a report on Wednesday, July 1st. Finally, BMO Capital Markets increased 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 research report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $257.57.

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.