2,153 FactSet Research Systems Inc. $FDS Shares Acquired by Running Oak Capital LLC

Running Oak Capital LLC boosted its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 4.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,082 shares of the business services provider’s stock after acquiring an additional 2,153 shares during the quarter. FactSet Research Systems comprises about 1.9% of Running Oak Capital LLC’s investment portfolio, making the stock its 8th biggest position. Running Oak Capital LLC owned 0.13% of FactSet Research Systems worth $12,440,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in FDS. Fulcrum Asset Management LLP grew its stake in FactSet Research Systems by 289.4% in the third quarter. Fulcrum Asset Management LLP now owns 2,465 shares of the business services provider’s stock worth $641,000 after purchasing an additional 1,832 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in FactSet Research Systems by 239.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 21,991 shares of the business services provider’s stock valued at $6,105,000 after acquiring an additional 15,512 shares in the last quarter. University of Texas Texas AM Investment Management Co. purchased a new position in FactSet Research Systems during the 3rd quarter worth $48,000. Brighton Jones LLC increased its stake in FactSet Research Systems by 3.0% during the 3rd quarter. Brighton Jones LLC now owns 8,612 shares of the business services provider’s stock valued at $2,325,000 after purchasing an additional 251 shares in the last quarter. Finally, Palisade Asset Management LLC lifted its stake in FactSet Research Systems by 4.9% during the 3rd quarter. Palisade Asset Management LLC now owns 5,490 shares of the business services provider’s stock valued at $1,482,000 after acquiring an additional 255 shares during the period. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Stock Down 0.7%

Shares of NYSE:FDS opened at $325.69 on Tuesday. FactSet Research Systems Inc. has a 52-week low of $185.00 and a 52-week high of $348.00. The stock’s fifty day simple moving average is $296.56 and its 200-day simple moving average is $252.44. The company has a market capitalization of $11.48 billion, a P/E ratio of 22.37, a P/E/G ratio of 1.92 and a beta of 0.69. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.43.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Wednesday, September 30th. The business services provider reported $4.52 earnings per share for the quarter, beating the consensus estimate of $4.35 by $0.17. The company had revenue of $634.70 million during the quarter, compared to the consensus estimate of $629.83 million. FactSet Research Systems had a return on equity of 31.66% and a net margin of 21.54%. FactSet Research Systems’s revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the firm posted $4.05 EPS. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. As a group, equities research analysts forecast that FactSet Research Systems Inc. will post 19.63 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Monday, November 30th will be given a dividend of $1.16 per share. The ex-dividend date of this dividend is Monday, November 30th. This represents a $4.64 annualized dividend and a dividend yield of 1.4%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 31.87%.

Wall Street Analyst Weigh In

FDS has been the topic of a number of recent analyst reports. BMO Capital Markets increased their price target on FactSet Research Systems from $300.00 to $314.00 and gave the stock a “market perform” rating in a research report on Tuesday, October 13th. Morgan Stanley upped their price target on FactSet Research Systems from $230.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 10th. Deutsche Bank Aktiengesellschaft increased their price target on FactSet Research Systems from $280.00 to $299.00 and gave the company a “hold” rating in a research report on Friday, September 11th. Wells Fargo & Company raised their price target on FactSet Research Systems from $250.00 to $290.00 and gave the company an “underweight” rating in a research note on Thursday. Finally, William Blair raised shares of FactSet Research Systems from a “market perform” rating to an “outperform” rating in a research report on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have given a Hold rating and six have given a Sell rating to the stock. According to MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Reduce” and an average price target of $278.57.

FactSet Research Systems Company Profile

FactSet Research Systems provides financial data, analytics, and workflow technology to investment professionals and businesses. Its platform brings together market and company data, research, and analytical tools to help clients evaluate investments, manage portfolios, and support financial decision-making.

The company offers subscription-based products and services, including its workstation, data feeds, application programming interfaces, and portfolio analytics. Its clients include investment managers, investment banks, wealth managers, private equity firms, and corporations.

Founded in 1978, FactSet serves clients across the Americas, Europe, the Middle East and Africa, and Asia-Pacific.