Mattern Capital Management LLC Has $10.13 Million Position in FactSet Research Systems Inc. $FDS

Mattern Capital Management LLC boosted its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 53.7% during the first quarter, HoldingsChannel.com reports. The firm owned 46,708 shares of the business services provider’s stock after acquiring an additional 16,317 shares during the period. FactSet Research Systems makes up about 1.2% of Mattern Capital Management LLC’s portfolio, making the stock its 26th largest holding. Mattern Capital Management LLC’s holdings in FactSet Research Systems were worth $10,135,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. lifted its position in FactSet Research Systems by 444,058.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 13,857,733 shares of the business services provider’s stock worth $4,021,376,000 after buying an additional 13,854,613 shares in the last quarter. Bamco Inc. NY grew its holdings in shares of FactSet Research Systems by 58.8% during the 4th quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider’s stock valued at $838,314,000 after acquiring an additional 1,069,786 shares in the last quarter. State Street Corp increased its stake in shares of FactSet Research Systems by 1.2% in the third quarter. State Street Corp now owns 1,961,231 shares of the business services provider’s stock worth $561,873,000 after acquiring an additional 23,660 shares during the last quarter. Invesco Ltd. increased its stake in shares of FactSet Research Systems by 16.2% in the third quarter. Invesco Ltd. now owns 793,832 shares of the business services provider’s stock worth $227,425,000 after acquiring an additional 110,686 shares during the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of FactSet Research Systems by 4,547.4% during the fourth quarter. AQR Capital Management LLC now owns 705,062 shares of the business services provider’s stock worth $204,602,000 after acquiring an additional 689,891 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Up 6.5%

FDS stock opened at $263.20 on Tuesday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $453.41. The company has a fifty day simple moving average of $234.22 and a 200 day simple moving average of $235.88. The firm has a market cap of $9.36 billion, a PE ratio of 17.34, a PEG ratio of 1.66 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.44 by $0.09. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The company had revenue of $622.92 million during the quarter, compared to the consensus estimate of $617.91 million. During the same quarter in the prior year, the company posted $4.27 EPS. The firm’s revenue was up 6.4% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.75 EPS for the current fiscal year.

FactSet Research Systems Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, May 29th were paid a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Friday, May 29th. This is a boost from FactSet Research Systems’s previous quarterly dividend of $1.10. FactSet Research Systems’s dividend payout ratio (DPR) is 30.57%.

Wall Street Analysts Forecast Growth

FDS has been the subject of a number of research reports. UBS Group reduced their price objective on FactSet Research Systems from $380.00 to $340.00 and set a “buy” rating for the company in a research report on Thursday, July 2nd. Barclays upped their target price on FactSet Research Systems from $210.00 to $216.00 and gave the stock an “underweight” rating in a research report on Monday, July 6th. Wells Fargo & Company lifted their price target on FactSet Research Systems from $200.00 to $210.00 and gave the company an “underweight” rating in a report on Thursday, July 2nd. Jefferies Financial Group lifted their price target on FactSet Research Systems from $225.00 to $253.00 and gave the company a “hold” rating in a report on Thursday, July 2nd. Finally, Rothschild & Co Redburn cut FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price target for the company. in a research note on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have issued a Hold rating and seven have given a Sell rating to the stock. According to data from MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Reduce” and an average price target of $253.00.

About FactSet Research Systems

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.