PensionDanmark Pensionsforsikringsaktieselskab grew its stake in FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 196.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,146 shares of the business services provider’s stock after purchasing an additional 2,746 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in FactSet Research Systems were worth $954,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its holdings in FactSet Research Systems by 444,058.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 13,857,733 shares of the business services provider’s stock valued at $4,021,376,000 after purchasing an additional 13,854,613 shares during the last quarter. Bamco Inc. NY grew its position in shares of FactSet Research Systems by 58.8% during the 4th quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider’s stock worth $838,314,000 after buying an additional 1,069,786 shares during the period. AQR Capital Management LLC increased its stake in shares of FactSet Research Systems by 4,547.4% in the 4th quarter. AQR Capital Management LLC now owns 705,062 shares of the business services provider’s stock valued at $204,602,000 after acquiring an additional 689,891 shares during the last quarter. Bank of Montreal Can raised its position in shares of FactSet Research Systems by 1,843.9% in the 4th quarter. Bank of Montreal Can now owns 597,723 shares of the business services provider’s stock valued at $173,453,000 after acquiring an additional 566,975 shares during the period. Finally, Norges Bank bought a new position in FactSet Research Systems during the 4th quarter worth approximately $151,492,000. 91.24% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several equities research analysts have issued reports on FDS shares. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $240.00 price target on shares of FactSet Research Systems in a research note on Thursday, July 2nd. Barclays increased their price objective on shares of FactSet Research Systems from $210.00 to $216.00 and gave the stock an “underweight” rating in a research note on Monday, July 6th. Deutsche Bank Aktiengesellschaft lifted their target price on FactSet Research Systems from $275.00 to $280.00 and gave the company a “hold” rating in a research report on Thursday, July 2nd. Jefferies Financial Group upped their target price on FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a report on Thursday, July 2nd. Finally, BMO Capital Markets increased their price objective on FactSet Research Systems from $257.00 to $275.00 and gave the company a “market perform” rating in a report on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have given a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $253.00.
FactSet Research Systems Trading Down 0.4%
Shares of FDS stock opened at $284.42 on Tuesday. The stock has a market cap of $10.12 billion, a P/E ratio of 18.74, a price-to-earnings-growth ratio of 1.92 and a beta of 0.70. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $387.75. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. The stock has a 50 day simple moving average of $249.97 and a 200 day simple moving average of $232.26.
FactSet Research Systems (NYSE:FDS – Get Free Report) last posted its quarterly earnings data on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, topping analysts’ consensus estimates of $4.44 by $0.09. The firm had revenue of $622.92 million for the quarter, compared to analyst estimates 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 revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the company earned $4.27 EPS. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, research analysts predict that FactSet Research Systems Inc. will post 17.76 earnings per share for the current fiscal year.
About FactSet Research Systems
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.
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