Mitsubishi UFJ Asset Management Co. Ltd. Makes New Investment in FactSet Research Systems Inc. $FDS

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in FactSet Research Systems Inc. (NYSE:FDS) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 65,443 shares of the business services provider’s stock, valued at approximately $15,059,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.18% of FactSet Research Systems as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of FDS. Daiwa Securities Group Inc. lifted its holdings 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 acquiring an additional 30 shares during the last quarter. WPG Advisers LLC grew 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 purchasing an additional 40 shares during the last quarter. SkyView Investment Advisors LLC grew 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 purchasing an additional 48 shares during the last quarter. Lafayette Investments Inc. raised its position in shares of FactSet Research Systems by 1.1% during the 1st quarter. Lafayette Investments Inc. now owns 4,524 shares of the business services provider’s stock worth $982,000 after purchasing an additional 49 shares during the period. Finally, Tema ETFs LLC raised its position in shares of FactSet Research Systems by 8.1% during the 2nd quarter. Tema ETFs LLC now owns 669 shares of the business services provider’s stock worth $154,000 after purchasing an additional 50 shares during the period. Institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Up 0.1%

Shares of FactSet Research Systems stock opened at $298.45 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68. FactSet Research Systems Inc. has a 1-year low of $185.00 and a 1-year high of $387.20. The business’s fifty day moving average price is $255.86 and its two-hundred day moving average price is $232.97. The company has a market capitalization of $10.62 billion, a P/E ratio of 19.66, a PEG ratio of 2.00 and a beta of 0.70.

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 analysts’ expectations of $617.91 million. During the same quarter in the prior year, the business posted $4.27 earnings per share. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. As a group, research analysts forecast that FactSet Research Systems Inc. will post 17.76 EPS for the current year.

FactSet Research Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Monday, August 31st will be paid a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, August 31st. FactSet Research Systems’s dividend payout ratio is currently 30.57%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Barclays boosted their price objective on FactSet Research Systems from $210.00 to $216.00 and gave the company an “underweight” rating in a research report on Monday, July 6th. Jefferies Financial Group boosted their price target on shares of FactSet Research Systems from $225.00 to $253.00 and gave the company a “hold” rating in a report on Thursday, July 2nd. UBS Group reaffirmed a “buy” rating on shares of FactSet Research Systems in a report on Wednesday, July 22nd. Wells Fargo & Company lifted their price objective on shares of FactSet Research Systems from $200.00 to $210.00 and gave the company an “underweight” rating in a research report on Thursday, July 2nd. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of FactSet Research Systems from $275.00 to $280.00 and gave the company a “hold” rating in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have assigned a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat, FactSet Research Systems currently has an average rating of “Reduce” and an average target price 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.