Fiera Capital Corp Has $119 Million Stock Position in FactSet Research Systems Inc. $FDS

Fiera Capital Corp boosted its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 2.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 266,054 shares of the business services provider’s stock after purchasing an additional 5,140 shares during the quarter. Fiera Capital Corp owned 0.70% of FactSet Research Systems worth $119,001,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of FDS. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of FactSet Research Systems by 57.0% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 829,174 shares of the business services provider’s stock valued at $370,873,000 after purchasing an additional 301,129 shares during the last quarter. PFG Advisors raised its stake in FactSet Research Systems by 4,209.8% during the second quarter. PFG Advisors now owns 192,000 shares of the business services provider’s stock worth $85,878,000 after acquiring an additional 187,545 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of FactSet Research Systems by 3.0% in the first quarter. Vanguard Group Inc. now owns 4,795,354 shares of the business services provider’s stock worth $2,180,160,000 after acquiring an additional 137,874 shares during the last quarter. Nuveen LLC acquired a new stake in shares of FactSet Research Systems in the 1st quarter valued at approximately $54,148,000. Finally, Millennium Management LLC grew its holdings in shares of FactSet Research Systems by 58.6% during the 1st quarter. Millennium Management LLC now owns 110,409 shares of the business services provider’s stock valued at $50,196,000 after purchasing an additional 40,800 shares during the last quarter. Institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Performance

NYSE FDS opened at $271.39 on Thursday. The company has a market capitalization of $10.16 billion, a price-to-earnings ratio of 17.45, a PEG ratio of 2.73 and a beta of 0.77. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.63. FactSet Research Systems Inc. has a twelve month low of $250.50 and a twelve month high of $499.87. The stock has a fifty day simple moving average of $296.66 and a 200 day simple moving average of $379.45.

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

FactSet Research Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Friday, November 28th will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, November 28th. FactSet Research Systems’s dividend payout ratio is currently 28.30%.

Insiders Place Their Bets

In other news, EVP Helen L. Shan purchased 370 shares of the company’s stock in a transaction dated Monday, October 6th. The shares were purchased at an average price of $275.48 per share, for a total transaction of $101,927.60. Following the transaction, the executive vice president owned 9,284 shares of the company’s stock, valued at approximately $2,557,556.32. This trade represents a 4.15% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Goran Skoko acquired 500 shares of FactSet Research Systems stock in a transaction dated Thursday, November 6th. The stock was purchased at an average cost of $252.93 per share, for a total transaction of $126,465.00. Following the completion of the purchase, the executive vice president owned 9,192 shares in the company, valued at approximately $2,324,932.56. The trade was a 5.75% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders bought 1,208 shares of company stock worth $328,505. 1.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on FDS shares. Barclays dropped their price objective on shares of FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating for the company in a research note on Friday, September 19th. UBS Group upgraded FactSet Research Systems from a “neutral” rating to a “buy” rating and dropped their price target for the company from $480.00 to $425.00 in a research note on Monday, September 22nd. Evercore ISI reduced their price objective 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. Morgan Stanley lowered their target price on FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating for the company in a report on Friday, September 19th. Finally, Stifel Nicolaus cut their price target on FactSet Research Systems from $464.00 to $372.00 and set a “hold” rating on the stock in a research note on Friday, September 19th. One investment analyst has rated the stock with a Buy rating, seven have issued a Hold rating and six have issued a Sell rating to the company. According to MarketBeat, FactSet Research Systems has a consensus rating of “Reduce” and an average price target of $356.78.

About FactSet Research Systems

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.