Pallas Capital Advisors LLC Acquires New Holdings in FactSet Research Systems Inc. $FDS

Pallas Capital Advisors LLC bought a new stake in FactSet Research Systems Inc. (NYSE:FDS) in the second quarter, Holdings Channel reports. The fund bought 3,779 shares of the business services provider’s stock, valued at approximately $869,000.

Several other large investors have also recently bought and sold shares of FDS. WPG Advisers LLC lifted its stake in shares of FactSet Research Systems by 76.9% in the 4th quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock worth $27,000 after acquiring an additional 40 shares during the period. Field & Main Bank bought a new position in shares of FactSet Research Systems in the fourth quarter valued at approximately $29,000. BOKF NA increased its stake in shares of FactSet Research Systems by 5,100.0% during the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 102 shares during the period. Navalign LLC acquired a new position in shares of FactSet Research Systems during the fourth quarter valued at approximately $32,000. Finally, Litman Gregory Wealth Management LLC bought a new stake in FactSet Research Systems during the fourth quarter worth approximately $32,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on FDS shares. Royal Bank Of Canada restated a “sector perform” rating and issued a $240.00 target price on shares of FactSet Research Systems in a research report on Thursday, July 2nd. Morgan Stanley lifted their price target on FactSet Research Systems from $228.00 to $230.00 and gave the company an “equal weight” rating in a research report on Thursday, July 2nd. Wells Fargo & Company upped their price objective on FactSet Research Systems from $200.00 to $210.00 and gave the company an “underweight” rating in a report on Thursday, July 2nd. UBS Group reaffirmed a “buy” rating on shares of FactSet Research Systems in a research note on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft lifted their target price 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 research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $253.00.

FactSet Research Systems Stock Up 3.1%

FDS stock opened at $285.34 on Wednesday. The firm has a market cap of $10.15 billion, a PE ratio of 18.80, a P/E/G ratio of 1.90 and a beta of 0.70. FactSet Research Systems Inc. has a 12 month low of $185.00 and a 12 month high of $387.75. 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 firm has a 50 day simple moving average of $253.61 and a 200 day simple moving average of $232.34.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 23.21% and a return on equity of 30.68%. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.27 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Equities research analysts forecast that FactSet Research Systems Inc. will post 17.76 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Monday, August 31st will be paid a dividend of $1.16 per share. The ex-dividend date of this dividend 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 (DPR) 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.