FactSet Research Systems Inc. $FDS Stock Sold by Mcdonald Capital Investors Inc. CA

Mcdonald Capital Investors Inc. CA decreased its stake in FactSet Research Systems Inc. (NYSE:FDS) by 13.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 151,480 shares of the business services provider’s stock after selling 24,061 shares during the quarter. FactSet Research Systems makes up 3.4% of Mcdonald Capital Investors Inc. CA’s holdings, making the stock its 15th largest position. Mcdonald Capital Investors Inc. CA owned about 0.43% of FactSet Research Systems worth $40,892,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FDS. USA Financial Formulas purchased a new stake in FactSet Research Systems in the 3rd quarter worth approximately $38,000. Parkside Financial Bank & Trust grew its position in FactSet Research Systems by 31.2% during the second quarter. Parkside Financial Bank & Trust now owns 181 shares of the business services provider’s stock valued at $42,000 after buying an additional 43 shares during the period. State of Wyoming purchased a new position in FactSet Research Systems in the first quarter valued at $51,000. CX Institutional increased its holdings in FactSet Research Systems by 75.7% in the second quarter. CX Institutional now owns 239 shares of the business services provider’s stock valued at $55,000 after buying an additional 103 shares in the last quarter. Finally, Danske Bank A S purchased a new position in FactSet Research Systems in the second quarter valued at $64,000. 91.24% of the stock is owned by institutional investors and hedge funds.

FactSet Research Systems Stock Down 4.3%

FDS opened at $309.50 on Wednesday. The company has a market cap of $10.91 billion, a PE ratio of 21.26 and a beta of 0.77. FactSet Research Systems Inc. has a twelve month low of $185.00 and a twelve month high of $339.83. The company has a 50-day moving average price of $290.94 and a 200 day moving average price of $250.64.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Wednesday, September 30th. The business services provider reported $4.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.35 by $0.17. The firm had revenue of $634.70 million during the quarter, compared to analyst estimates of $629.83 million. The company’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.05 earnings per share. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. As a group, sell-side analysts expect that FactSet Research Systems Inc. will post 19.63 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Monday, August 31st were issued a $1.16 dividend. The ex-dividend date 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 presently 31.87%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on FDS shares. Wells Fargo & Company raised their target price on FactSet Research Systems from $210.00 to $250.00 and gave the company an “underweight” rating in a research report on Thursday, October 1st. Royal Bank Of Canada lifted their price target on 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. Wolfe Research upped their price target on FactSet Research Systems from $225.00 to $240.00 and gave the stock an “underperform” rating in a report on Wednesday, July 1st. UBS Group reiterated a “buy” rating on shares of FactSet Research Systems in a research report on Wednesday, July 22nd. Finally, Jefferies Financial Group raised their price objective on FactSet Research Systems from $225.00 to $253.00 and gave the company a “hold” rating in a report on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $271.79.

FactSet Research Systems Company Profile

FactSet Research Systems Inc provides financial data, analytics and workflow technology to investment professionals and financial institutions. Its platform brings together market, company, economic and alternative data with tools for research, portfolio analysis, risk management, trading, performance measurement and reporting.

The company serves asset managers, wealth managers, investment banks, private-equity firms, corporations and other financial professionals. Its products support activities including equity and fixed-income research, portfolio construction, screening, client reporting, investment-banking analysis and environmental, social and governance research.