DekaBank Deutsche Girozentrale Raises Holdings in FactSet Research Systems Inc. $FDS

DekaBank Deutsche Girozentrale increased its position in FactSet Research Systems Inc. (NYSE:FDS) by 0.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,755 shares of the business services provider’s stock after buying an additional 51 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in FactSet Research Systems were worth $4,327,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Koshinski Asset Management Inc. raised its position in shares of FactSet Research Systems by 16.5% in the 2nd quarter. Koshinski Asset Management Inc. now owns 1,372 shares of the business services provider’s stock worth $614,000 after buying an additional 194 shares during the period. Nicholson Wealth Management Group LLC raised its position in shares of FactSet Research Systems by 2.2% in the 2nd quarter. Nicholson Wealth Management Group LLC now owns 3,444 shares of the business services provider’s stock worth $1,540,000 after buying an additional 73 shares during the period. Chevy Chase Trust Holdings LLC raised its position in shares of FactSet Research Systems by 0.5% in the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 20,418 shares of the business services provider’s stock worth $9,133,000 after buying an additional 98 shares during the period. Sage Private Wealth Group LLC raised its position in shares of FactSet Research Systems by 16.6% in the 2nd quarter. Sage Private Wealth Group LLC now owns 1,355 shares of the business services provider’s stock worth $606,000 after buying an additional 193 shares during the period. Finally, Empirical Asset Management LLC raised its position in shares of FactSet Research Systems by 28.9% in the 2nd quarter. Empirical Asset Management LLC now owns 1,387 shares of the business services provider’s stock worth $620,000 after buying an additional 311 shares during the period. 91.24% of the stock is owned by hedge funds and other institutional investors.

FactSet Research Systems Stock Down 0.6%

Shares of FactSet Research Systems stock opened at $285.26 on Friday. The business has a 50-day moving average of $324.63 and a 200-day moving average of $394.00. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.40 and a quick ratio of 1.47. The company has a market capitalization of $10.69 billion, a PE ratio of 18.34, a P/E/G ratio of 2.93 and a beta of 0.79. FactSet Research Systems Inc. has a 1-year low of $272.50 and a 1-year high of $499.87.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Thursday, September 18th. The business services provider reported $4.05 earnings per share for the quarter, missing the consensus estimate of $4.13 by ($0.08). The business had revenue of $596.90 million for the quarter, compared to analyst estimates of $593.32 million. FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The firm’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.74 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, equities analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Friday, August 29th were paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Friday, August 29th. FactSet Research Systems’s dividend payout ratio (DPR) is 28.30%.

Insider Transactions at FactSet Research Systems

In other FactSet Research Systems news, insider Christopher Mcloughlin bought 338 shares of the business’s stock in a transaction on Tuesday, September 23rd. The shares were purchased at an average price of $296.19 per share, with a total value of $100,112.22. Following the completion of the acquisition, the insider directly owned 3,446 shares of the company’s stock, valued at approximately $1,020,670.74. The trade was a 10.88% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Helen L. Shan bought 370 shares of the business’s stock in a transaction on Monday, October 6th. The stock was acquired at an average cost of $275.48 per share, for a total transaction of $101,927.60. Following the acquisition, the executive vice president directly owned 9,284 shares of the company’s stock, valued at $2,557,556.32. The trade was a 4.15% increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on FDS shares. Evercore ISI cut their target price on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating on the stock in a research report on Friday, September 19th. Stifel Nicolaus lowered their price target on FactSet Research Systems from $464.00 to $372.00 and set a “hold” rating for the company in a report on Friday, September 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of FactSet Research Systems in a report on Wednesday, October 8th. Rothschild & Co Redburn upgraded FactSet Research Systems from a “sell” rating to a “neutral” rating and lowered their price target for the company from $415.00 to $370.00 in a report on Friday, September 12th. Finally, Rothschild Redb upgraded FactSet Research Systems from a “strong sell” rating to a “hold” rating in a report on Friday, September 12th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, FactSet Research Systems has a consensus rating of “Reduce” and a consensus price target of $356.78.

FactSet Research Systems Company Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.