Sei Investments Co. reduced its stake in FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 3.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,999 shares of the business services provider’s stock after selling 2,400 shares during the period. Sei Investments Co. owned 0.20% of FactSet Research Systems worth $16,056,000 as of its most recent SEC filing.
Several other institutional investors also recently made changes to their positions in the stock. Daiwa Securities Group Inc. increased its position in FactSet Research Systems by 0.4% in the second quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider’s stock worth $3,071,000 after buying an additional 30 shares during the period. WPG Advisers LLC boosted its holdings in shares of FactSet Research Systems by 76.9% during the fourth quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 40 shares during the period. SkyView Investment Advisors LLC boosted its holdings in shares of FactSet Research Systems by 2.7% during the second quarter. SkyView Investment Advisors LLC now owns 1,809 shares of the business services provider’s stock valued at $798,000 after acquiring an additional 48 shares during the period. Lafayette Investments Inc. grew its position in shares of FactSet Research Systems by 1.1% during the first quarter. Lafayette Investments Inc. now owns 4,524 shares of the business services provider’s stock worth $982,000 after acquiring an additional 49 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of FactSet Research Systems by 58.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the business services provider’s stock worth $62,000 after acquiring an additional 51 shares during the period. 91.24% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts recently weighed in on the stock. Wolfe Research lifted their price objective on shares of FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft raised 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. Barclays lifted their price target on FactSet Research Systems from $210.00 to $216.00 and gave the company an “underweight” rating in a report on Monday, July 6th. The Goldman Sachs Group downgraded FactSet Research Systems from a “sell” rating to an “underweight” rating in a research report on Thursday, June 18th. Finally, Bank of America raised their target price on FactSet Research Systems from $205.00 to $210.00 and gave the company an “underperform” rating in a research report on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have assigned a Hold rating and six have given a Sell rating to the company. According to MarketBeat, FactSet Research Systems currently has an average rating of “Reduce” and a consensus target price of $253.00.
FactSet Research Systems Stock Down 6.5%
FDS opened at $263.58 on Friday. 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 company has a market capitalization of $9.38 billion, a PE ratio of 17.36, a P/E/G ratio of 1.89 and a beta of 0.72. The stock’s fifty day moving average is $245.10 and its 200-day moving average is $232.96. FactSet Research Systems Inc. has a one year low of $185.00 and a one year high of $409.16.
FactSet Research Systems (NYSE:FDS – Get Free Report) last announced its earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, beating the consensus estimate of $4.44 by $0.09. The business had revenue of $622.92 million during the quarter, compared to analysts’ expectations of $617.91 million. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the business posted $4.27 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, equities analysts predict that FactSet Research Systems Inc. will post 17.76 EPS for the current fiscal year.
FactSet Research Systems 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.
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