22,825 FactSet Research Systems Inc. $FDS Shares Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC lowered its stake in FactSet Research Systems Inc. (NYSE:FDS) by 91.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,197 shares of the business services provider’s stock after selling 22,825 shares during the quarter. Curated Wealth Partners LLC’s holdings in FactSet Research Systems were worth $593,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Bamco Inc. NY acquired a new stake in shares of FactSet Research Systems during the second quarter valued at about $966,533,000. Benjamin Edwards Inc. increased its holdings in FactSet Research Systems by 142.8% during the 2nd quarter. Benjamin Edwards Inc. now owns 3,324 shares of the business services provider’s stock worth $765,000 after purchasing an additional 1,955 shares during the last quarter. Regents of The University of California raised its position in shares of FactSet Research Systems by 118.2% in the 1st 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 purchasing an additional 122,611 shares in the last quarter. Deane Retirement Strategies Inc. purchased a new position in shares of FactSet Research Systems during the 2nd quarter valued at approximately $3,760,000. Finally, Janney Montgomery Scott LLC boosted its stake in shares of FactSet Research Systems by 82.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 38,193 shares of the business services provider’s stock valued at $8,288,000 after buying an additional 17,296 shares during the last quarter. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

FactSet Research Systems Stock Down 0.2%

Shares of FactSet Research Systems stock opened at $301.19 on Friday. The company has a market capitalization of $10.71 billion, a P/E ratio of 20.69, a PEG ratio of 1.69 and a beta of 0.77. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.60 and a quick ratio of 0.68. FactSet Research Systems Inc. has a 1-year low of $185.00 and a 1-year high of $320.48. The business’s fifty day moving average price is $286.11 and its two-hundred day moving average price is $255.02.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Wednesday, September 30th. The business services provider reported $4.52 earnings per share for the quarter, topping analysts’ consensus estimates of $4.35 by $0.17. FactSet Research Systems had a return on equity of 31.66% and a net margin of 21.54%. The firm had revenue of $634.70 million during the quarter, compared to the consensus estimate of $629.83 million. During the same period in the prior year, the firm posted $4.05 earnings per share. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. As a group, research analysts forecast that FactSet Research Systems Inc. will post 19.63 EPS for the current year.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Monday, August 31st were paid a $1.16 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $4.64 dividend on an annualized basis and a yield of 1.5%. FactSet Research Systems’s dividend payout ratio (DPR) is currently 31.87%.

Analysts Set New Price Targets

Several analysts recently issued reports on FDS shares. BMO Capital Markets upped their price target on shares of FactSet Research Systems from $300.00 to $314.00 and gave the company a “market perform” rating in a report on Tuesday. Wells Fargo & Company raised their price objective on shares of FactSet Research Systems from $210.00 to $250.00 and gave the stock an “underweight” rating in a report on Thursday, October 1st. Morgan Stanley boosted their target price on shares of FactSet Research Systems from $230.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 10th. UBS Group restated a “buy” rating on shares of FactSet Research Systems in a research note on Wednesday, July 22nd. Finally, Wolfe Research increased their price target 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. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have assigned a Hold rating and six have issued a Sell rating to the company. According to MarketBeat, FactSet Research Systems currently has a consensus rating of “Reduce” and a consensus target price of $271.79.

FactSet Research Systems Profile

FactSet Research Systems Inc provides financial data, analytics, and investment management technology to professionals across the global financial services industry. Its platform integrates market, company, portfolio, economic, and alternative data with analytical tools designed to support investment research, decision-making, reporting, and risk management.

The company serves asset managers, investment banks, wealth managers, hedge funds, private equity firms, corporations, and other financial institutions.