First Trust Advisors LP Has $10.52 Million Stock Holdings in FactSet Research Systems Inc. $FDS

First Trust Advisors LP lowered its stake in FactSet Research Systems Inc. (NYSE:FDS) by 78.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 48,457 shares of the business services provider’s stock after selling 172,554 shares during the quarter. First Trust Advisors LP’s holdings in FactSet Research Systems were worth $10,515,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of FDS. Northwestern Mutual Wealth Management Co. increased its position in shares of FactSet Research Systems by 444,058.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 13,857,733 shares of the business services provider’s stock worth $4,021,376,000 after purchasing an additional 13,854,613 shares during the last quarter. Bamco Inc. NY grew its stake in shares of FactSet Research Systems by 58.8% in the fourth quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider’s stock valued at $838,314,000 after buying an additional 1,069,786 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of FactSet Research Systems by 4,547.4% in the fourth quarter. AQR Capital Management LLC now owns 705,062 shares of the business services provider’s stock valued at $204,602,000 after buying an additional 689,891 shares in the last quarter. Bank of Montreal Can increased its holdings in FactSet Research Systems by 1,843.9% during the fourth quarter. Bank of Montreal Can now owns 597,723 shares of the business services provider’s stock worth $173,453,000 after buying an additional 566,975 shares during the last quarter. Finally, Norges Bank acquired a new position in FactSet Research Systems during the fourth quarter worth $151,492,000. Institutional investors own 91.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on FDS. BMO Capital Markets increased their price target on shares of FactSet Research Systems from $257.00 to $275.00 and gave the company a “market perform” rating in a research note on Thursday, July 2nd. Bank of America boosted their price objective on shares of FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research note on Thursday, July 2nd. Wells Fargo & Company upped their target price on shares of FactSet Research Systems from $200.00 to $210.00 and gave the company an “underweight” rating in a report on Thursday, July 2nd. Wolfe Research raised their target price on shares of FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a research note on Wednesday, July 1st. Finally, Deutsche Bank Aktiengesellschaft lifted 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. One equities research 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, FactSet Research Systems has an average rating of “Reduce” and a consensus price target of $253.00.

FactSet Research Systems Trading Up 0.2%

Shares of FactSet Research Systems stock opened at $263.66 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68. The business has a fifty day simple moving average of $245.74 and a two-hundred day simple moving average of $233.17. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $409.16. The company has a market capitalization of $9.38 billion, a price-to-earnings ratio of 17.37, a P/E/G ratio of 1.77 and a beta of 0.72.

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

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.