3,546 Shares in FactSet Research Systems Inc. $FDS Purchased by Commerce Bank

Commerce Bank purchased a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,546 shares of the business services provider’s stock, valued at approximately $816,000.

Other institutional investors also recently bought and sold shares of the company. BOKF NA grew its stake in FactSet Research Systems by 5,100.0% in the 3rd 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 purchased a new stake in FactSet Research Systems in the 4th quarter worth $32,000. Litman Gregory Wealth Management LLC acquired a new position in FactSet Research Systems during the fourth quarter worth $32,000. Elyxium Wealth LLC acquired a new position in FactSet Research Systems during the fourth quarter worth $35,000. Finally, Geneos Wealth Management Inc. lifted its holdings in FactSet Research Systems by 188.2% during the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 64 shares in the last quarter. 91.24% of the stock is owned by institutional investors and hedge funds.

FactSet Research Systems Stock Performance

Shares of FactSet Research Systems stock opened at $295.02 on Thursday. FactSet Research Systems Inc. has a one year low of $185.00 and a one year high of $384.33. The company has a market cap of $10.49 billion, a price-to-earnings ratio of 19.43, a PEG ratio of 1.99 and a beta of 0.70. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.68. The business’s 50 day moving average price is $260.88 and its 200 day moving average price is $235.01.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.44 by $0.09. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The company had revenue of $622.92 million during the quarter, compared to analysts’ expectations of $617.91 million. During the same period in the prior year, the business earned $4.27 EPS. The firm’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. On average, research analysts predict that FactSet Research Systems Inc. will post 17.76 EPS for the current year.

FactSet Research Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors 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 dividend on an annualized basis and a dividend yield of 1.6%. FactSet Research Systems’s dividend payout ratio is currently 30.57%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on FDS. Barclays lifted their target price on shares of FactSet Research Systems from $210.00 to $216.00 and gave the company an “underweight” rating in a research report on Monday, July 6th. Deutsche Bank Aktiengesellschaft upped their price target on shares of FactSet Research Systems from $275.00 to $280.00 and gave the stock a “hold” rating in a research report on Thursday, July 2nd. BMO Capital Markets raised 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. The Goldman Sachs Group cut FactSet Research Systems from a “sell” rating to an “underweight” rating in a report on Thursday, June 18th. Finally, Morgan Stanley boosted their price objective on FactSet Research Systems from $228.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 2nd. One research 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, FactSet Research Systems currently has an average rating of “Reduce” and a consensus price target of $253.00.

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.