FactSet Research Systems Inc. $FDS Shares Acquired by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in FactSet Research Systems Inc. (NYSE:FDS) by 2.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,939 shares of the business services provider’s stock after purchasing an additional 131 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in FactSet Research Systems were worth $2,209,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Baron Wealth Management LLC lifted its position in FactSet Research Systems by 23.7% in the 2nd quarter. Baron Wealth Management LLC now owns 643 shares of the business services provider’s stock valued at $288,000 after purchasing an additional 123 shares during the last quarter. Harbor Capital Advisors Inc. lifted its position in FactSet Research Systems by 2.0% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 4,444 shares of the business services provider’s stock valued at $1,988,000 after purchasing an additional 89 shares during the last quarter. Czech National Bank raised its position in shares of FactSet Research Systems by 6.2% during the 2nd quarter. Czech National Bank now owns 9,275 shares of the business services provider’s stock worth $4,149,000 after buying an additional 541 shares in the last quarter. Everpar Advisors LLC raised its position in shares of FactSet Research Systems by 14.1% during the 2nd quarter. Everpar Advisors LLC now owns 567 shares of the business services provider’s stock worth $254,000 after buying an additional 70 shares in the last quarter. Finally, Parallel Advisors LLC raised its position in shares of FactSet Research Systems by 24.5% during the 2nd quarter. Parallel Advisors LLC now owns 315 shares of the business services provider’s stock worth $141,000 after buying an additional 62 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have commented on FDS. Morgan Stanley dropped their price target on shares of FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating on the stock in a research report on Friday. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a report on Friday, June 20th. Wells Fargo & Company dropped their target price on shares of FactSet Research Systems from $355.00 to $296.00 and set an “underweight” rating on the stock in a report on Friday. Rothschild Redb upgraded shares of FactSet Research Systems from a “strong sell” rating to a “hold” rating in a report on Friday, September 12th. Finally, UBS Group reaffirmed a “neutral” rating on shares of FactSet Research Systems in a research report on Friday, June 20th. Eight equities research analysts have rated the stock with a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $364.60.

FactSet Research Systems Trading Down 4.0%

Shares of FDS stock opened at $289.26 on Monday. FactSet Research Systems Inc. has a 52-week low of $288.84 and a 52-week high of $499.87. The stock has a market cap of $10.94 billion, a price-to-earnings ratio of 18.60, a P/E/G ratio of 1.94 and a beta of 0.84. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.47 and a current ratio of 1.40. The firm has a fifty day moving average of $384.37 and a 200-day moving average of $419.69.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, September 18th. The business services provider reported $4.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.13 by ($0.08). FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The business had revenue of $596.90 million during the quarter, compared to analyst estimates of $593.32 million. During the same quarter in the prior year, the company posted $3.74 EPS. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, equities research analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Friday, August 29th were given a dividend of $1.10 per share. The ex-dividend date was Friday, August 29th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.5%. FactSet Research Systems’s dividend payout ratio (DPR) is 28.30%.

Insider Buying and Selling

In related news, CAO Gregory T. Moskoff sold 2,500 shares of the stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $442.60, for a total transaction of $1,106,500.00. Following the completion of the sale, the chief accounting officer owned 44 shares in the company, valued at $19,474.40. This trade represents a 98.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Christopher R. Ellis sold 7,606 shares of the stock in a transaction dated Tuesday, July 8th. The stock was sold at an average price of $446.84, for a total transaction of $3,398,665.04. Following the sale, the executive vice president owned 23,952 shares of the company’s stock, valued at $10,702,711.68. This trade represents a 24.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,031 shares of company stock worth $5,825,481 in the last quarter. 1.10% of the stock is owned by corporate insiders.

FactSet Research Systems Company Profile

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.