Legal & General Group Plc Invests $14.97 Million in FactSet Research Systems Inc. $FDS

Legal & General Group Plc purchased a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 65,071 shares of the business services provider’s stock, valued at approximately $14,972,000. Legal & General Group Plc owned about 0.18% of FactSet Research Systems as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of FDS. Northwestern Mutual Wealth Management Co. increased its stake 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 worth $4,021,376,000 after purchasing an additional 13,854,613 shares during the period. BlackRock Inc. purchased a new stake in shares of FactSet Research Systems during the second quarter valued at $657,658,000. Bamco Inc. NY grew its holdings in shares of FactSet Research Systems by 58.8% in the fourth quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider’s stock worth $838,314,000 after purchasing an additional 1,069,786 shares during the last quarter. AQR Capital Management LLC increased its stake in 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 worth $204,602,000 after buying an additional 689,891 shares during the period. Finally, Bank of Montreal Can increased its stake in 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 worth $173,453,000 after buying an additional 566,975 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on FDS. Weiss Ratings raised shares of FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 13th. Wolfe Research raised their target price on shares of FactSet Research Systems from $225.00 to $240.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft lifted their price target on shares of FactSet Research Systems from $275.00 to $280.00 and gave the company a “hold” rating in a research note on Thursday, July 2nd. UBS Group reiterated a “buy” rating on shares of FactSet Research Systems in a report on Wednesday, July 22nd. Finally, BMO Capital Markets raised their price objective 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. 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 given a Sell rating to the company. Based on data from MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Reduce” and an average target price of $257.57.

FactSet Research Systems Stock Up 0.2%

Shares of FactSet Research Systems stock opened at $309.63 on Monday. 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 market cap of $11.01 billion, a price-to-earnings ratio of 20.40, a PEG ratio of 2.07 and a beta of 0.70. The firm’s 50-day moving average is $264.27 and its two-hundred day moving average is $236.44. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $377.07.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, beating 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 business had revenue of $622.92 million during the quarter, compared to analyst estimates of $617.91 million. During the same quarter in the previous year, the business posted $4.27 EPS. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. As a group, research analysts expect that FactSet Research Systems Inc. will post 17.76 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently announced 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 1.5%. The ex-dividend date of this dividend is Monday, August 31st. FactSet Research Systems’s dividend payout ratio (DPR) is 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.