2,153 FactSet Research Systems Inc. $FDS Shares Bought by Running Oak Capital LLC

Running Oak Capital LLC raised its stake in FactSet Research Systems Inc. (NYSE:FDS) by 4.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 46,082 shares of the business services provider’s stock after buying an additional 2,153 shares during the period. FactSet Research Systems makes up about 1.9% of Running Oak Capital LLC’s investment portfolio, making the stock its 8th largest holding. Running Oak Capital LLC’s holdings in FactSet Research Systems were worth $12,440,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. USA Financial Formulas purchased a new stake in shares of FactSet Research Systems during the 3rd quarter worth about $38,000. Parkside Financial Bank & Trust grew its stake in shares of FactSet Research Systems by 31.2% in the second quarter. Parkside Financial Bank & Trust now owns 181 shares of the business services provider’s stock worth $42,000 after acquiring an additional 43 shares during the last quarter. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of FactSet Research Systems in the third quarter worth $48,000. State of Wyoming bought a new position in FactSet Research Systems during the first quarter worth $51,000. Finally, Provenance Wealth Advisors LLC bought a new position in FactSet Research Systems during the third quarter worth $54,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on FDS. Royal Bank Of Canada increased their target price on shares of FactSet Research Systems from $240.00 to $304.00 and gave the company a “sector perform” rating in a research note on Thursday, August 27th. UBS Group reaffirmed a “buy” rating on shares of FactSet Research Systems in a report on Wednesday, July 22nd. BMO Capital Markets raised their price objective on FactSet Research Systems from $300.00 to $314.00 and gave the stock a “market perform” rating in a research report on Tuesday, October 13th. Barclays lifted their price objective on FactSet Research Systems from $250.00 to $305.00 and gave the stock an “underweight” rating in a report on Friday. Finally, Wells Fargo & Company boosted their price objective on FactSet Research Systems from $250.00 to $290.00 and gave the company an “underweight” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have given a Hold rating and six have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $278.57.

FactSet Research Systems Stock Performance

NYSE:FDS opened at $325.69 on Tuesday. The firm has a market capitalization of $11.48 billion, a PE ratio of 22.37, a price-to-earnings-growth ratio of 1.92 and a beta of 0.69. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.43. FactSet Research Systems Inc. has a 12-month low of $185.00 and a 12-month high of $348.00. The firm has a 50-day moving average price of $296.56 and a 200 day moving average price of $252.44.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Wednesday, September 30th. The business services provider reported $4.52 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $634.70 million for the quarter, compared to analyst estimates of $629.83 million. During the same period in the prior year, the company posted $4.05 EPS. The company’s revenue 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. Research analysts anticipate that FactSet Research Systems Inc. will post 19.63 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Monday, November 30th will be paid a dividend of $1.16 per share. This represents a $4.64 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, November 30th. FactSet Research Systems’s dividend payout ratio is currently 31.87%.

About FactSet Research Systems

FactSet Research Systems provides financial data, analytics, and workflow technology to investment professionals and businesses. Its platform brings together market and company data, research, and analytical tools to help clients evaluate investments, manage portfolios, and support financial decision-making.

The company offers subscription-based products and services, including its workstation, data feeds, application programming interfaces, and portfolio analytics. Its clients include investment managers, investment banks, wealth managers, private equity firms, and corporations.

Founded in 1978, FactSet serves clients across the Americas, Europe, the Middle East and Africa, and Asia-Pacific.