IFM Investors Pty Ltd Boosts Holdings in FactSet Research Systems Inc. $FDS

IFM Investors Pty Ltd raised its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 4.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,276 shares of the business services provider’s stock after purchasing an additional 311 shares during the quarter. IFM Investors Pty Ltd’s holdings in FactSet Research Systems were worth $3,254,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. SouthState Corp raised its position in shares of FactSet Research Systems by 1,400.0% in the first quarter. SouthState Corp now owns 60 shares of the business services provider’s stock worth $27,000 after acquiring an additional 56 shares during the period. Caitong International Asset Management Co. Ltd raised its position in shares of FactSet Research Systems by 4,200.0% in the first quarter. Caitong International Asset Management Co. Ltd now owns 86 shares of the business services provider’s stock worth $39,000 after acquiring an additional 84 shares during the period. WPG Advisers LLC acquired a new position in shares of FactSet Research Systems in the first quarter worth about $41,000. American National Bank & Trust acquired a new position in shares of FactSet Research Systems in the first quarter worth about $44,000. Finally, Bank of Jackson Hole Trust raised its position in shares of FactSet Research Systems by 187.9% in the first quarter. Bank of Jackson Hole Trust now owns 95 shares of the business services provider’s stock worth $44,000 after acquiring an additional 62 shares during the period. 91.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

FDS has been the subject of a number of analyst reports. Stifel Nicolaus decreased their price objective on shares of FactSet Research Systems from $464.00 to $372.00 and set a “hold” rating for the company in a research report on Friday. Rothschild Redb upgraded shares of FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research report on Friday, September 12th. BMO Capital Markets decreased their price target on shares of FactSet Research Systems from $452.00 to $324.00 and set a “market perform” rating on the stock in a research note on Friday. Morgan Stanley decreased 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 note on Friday. Finally, Evercore ISI decreased their price target on shares of FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating on the stock in a research note on Friday. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $359.10.

Insider Transactions at FactSet Research Systems

In other news, EVP Christopher R. Ellis sold 7,606 shares of FactSet Research Systems stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of $446.84, for a total transaction of $3,398,665.04. Following the completion of the sale, the executive vice president directly owned 23,952 shares of the company’s stock, valued at approximately $10,702,711.68. The trade was a 24.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James J. Mcgonigle sold 2,925 shares of FactSet Research Systems stock in a transaction on Monday, July 14th. The stock was sold at an average price of $451.39, for a total transaction of $1,320,315.75. Following the sale, the director directly owned 4,461 shares of the company’s stock, valued at approximately $2,013,650.79. This trade represents a 39.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 13,031 shares of company stock valued at $5,825,481. Insiders own 1.10% of the company’s stock.

FactSet Research Systems Stock Performance

Shares of FDS stock opened at $295.52 on Tuesday. The company has a quick ratio of 1.47, a current ratio of 1.40 and a debt-to-equity ratio of 0.63. 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 capitalization of $11.17 billion, a PE ratio of 19.00, a P/E/G ratio of 1.94 and a beta of 0.84. The firm has a 50 day moving average of $381.47 and a two-hundred day moving average of $418.67.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Thursday, September 18th. The business services provider reported $4.05 EPS for the quarter, missing the consensus estimate 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 analysts’ expectations of $593.32 million. During the same period in the prior year, the business earned $3.74 EPS. The business’s quarterly revenue was up 6.2% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, research analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

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

FactSet Research Systems 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.