11,829 Shares in FactSet Research Systems Inc. $FDS Purchased by Meiji Yasuda Asset Management Co Ltd.

Meiji Yasuda Asset Management Co Ltd. acquired a new stake in FactSet Research Systems Inc. (NYSE:FDS) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 11,829 shares of the business services provider’s stock, valued at approximately $2,722,000.

Several other institutional investors have also added to or reduced their stakes in FDS. Jones Financial Companies Lllp boosted its position in FactSet Research Systems by 5.6% during the first quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock worth $785,000 after purchasing an additional 91 shares during the period. Empowered Funds LLC raised its position in shares of FactSet Research Systems by 27.6% in the first quarter. Empowered Funds LLC now owns 972 shares of the business services provider’s stock valued at $442,000 after purchasing an additional 210 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of FactSet Research Systems by 188.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after buying an additional 64 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of FactSet Research Systems by 58.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the business services provider’s stock valued at $62,000 after buying an additional 51 shares in the last quarter. Finally, Cerity Partners LLC boosted its holdings in FactSet Research Systems by 15.6% in the 2nd quarter. Cerity Partners LLC now owns 5,247 shares of the business services provider’s stock worth $2,347,000 after buying an additional 707 shares during the period. 91.24% of the stock is owned by hedge funds and other institutional investors.

FactSet Research Systems Stock Up 1.7%

Shares of NYSE:FDS opened at $305.07 on Tuesday. The firm has a fifty day moving average price of $258.40 and a two-hundred day moving average price of $233.91. The company has a market cap of $10.85 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 2.01 and a beta of 0.70. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68. FactSet Research Systems Inc. has a one year low of $185.00 and a one year high of $386.52.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $622.92 million for the quarter, compared to analysts’ expectations of $617.91 million. During the same quarter in the prior year, the firm posted $4.27 earnings per share. The business’s quarterly 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. Analysts anticipate that FactSet Research Systems Inc. will post 17.76 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

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 issued a $1.16 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.64 annualized dividend and a dividend yield of 1.5%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 30.57%.

Analyst Upgrades and Downgrades

FDS has been the subject of a number of recent research reports. Jefferies Financial Group lifted their price objective on shares of FactSet Research Systems from $225.00 to $253.00 and gave the company a “hold” rating in a research note on Thursday, July 2nd. BMO Capital Markets raised their price target on FactSet Research Systems from $257.00 to $275.00 and gave the stock a “market perform” rating in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft lifted their price target 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. Bank of America raised their target price on FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research note on Thursday, July 2nd. Finally, UBS Group reaffirmed a “buy” rating on shares of FactSet Research Systems in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have issued a Hold rating and six have given a Sell rating to the company. According to MarketBeat.com, FactSet Research Systems presently has an average rating of “Reduce” and a consensus target price of $253.00.

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.