Te Ahumairangi Investment Management Ltd Acquires New Position in FactSet Research Systems Inc. $FDS

Te Ahumairangi Investment Management Ltd acquired a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,817 shares of the business services provider’s stock, valued at approximately $3,639,000.

Several other large investors have also recently modified their holdings of FDS. Investment House LLC grew its holdings in FactSet Research Systems by 311.5% during the 4th quarter. Investment House LLC now owns 42,393 shares of the business services provider’s stock valued at $12,302,000 after buying an additional 32,092 shares in the last quarter. Hendley & Co. Inc. purchased a new position in FactSet Research Systems during the fourth quarter valued at approximately $2,162,000. Regents of The University of California grew its stake in FactSet Research Systems by 118.2% during the first quarter. Regents of The University of California now owns 226,375 shares of the business services provider’s stock valued at $49,121,000 after acquiring an additional 122,611 shares in the last quarter. Deane Retirement Strategies Inc. bought a new stake in FactSet Research Systems during the 2nd quarter worth approximately $3,760,000. Finally, Kinsale Capital Group Inc. purchased a new stake in FactSet Research Systems in the 4th quarter worth approximately $5,151,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on FDS. Weiss Ratings raised shares of FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, July 13th. Jefferies Financial Group lifted their price objective on FactSet Research Systems from $225.00 to $253.00 and gave the company a “hold” rating in a research note on Thursday, July 2nd. UBS Group restated a “buy” rating on shares of FactSet Research Systems in a research report on Wednesday, July 22nd. Wells Fargo & Company upped their target price on FactSet Research Systems from $200.00 to $210.00 and gave the stock an “underweight” rating in a research note on Thursday, July 2nd. Finally, Bank of America lifted 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. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have assigned a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $253.00.

FactSet Research Systems Stock Down 0.2%

Shares of FDS opened at $299.26 on Monday. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $386.52. 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 stock has a 50 day simple moving average of $257.01 and a two-hundred day simple moving average of $233.33. The firm has a market cap of $10.64 billion, a P/E ratio of 19.71, a P/E/G ratio of 2.01 and a beta of 0.70.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $4.44 by $0.09. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The company had revenue of $622.92 million during the quarter, compared to analysts’ expectations of $617.91 million. During the same quarter in the prior year, the company earned $4.27 EPS. The firm’s revenue was up 6.4% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, analysts forecast that FactSet Research Systems Inc. will post 17.76 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Monday, August 31st will be given a dividend of $1.16 per share. This represents a $4.64 annualized dividend and a yield of 1.6%. The ex-dividend date is Monday, August 31st. FactSet Research Systems’s dividend payout ratio is presently 30.57%.

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.