Allianz Asset Management GmbH Sells 493 Shares of FactSet Research Systems Inc. $FDS

Allianz Asset Management GmbH cut its stake in FactSet Research Systems Inc. (NYSE:FDS) by 26.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,364 shares of the business services provider’s stock after selling 493 shares during the period. Allianz Asset Management GmbH’s holdings in FactSet Research Systems were worth $610,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in FDS. Vanguard Group Inc. grew its holdings in FactSet Research Systems by 3.0% during the 1st 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 in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of FactSet Research Systems by 4.4% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 528,045 shares of the business services provider’s stock valued at $240,070,000 after purchasing an additional 22,458 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of FactSet Research Systems by 0.9% in the 1st quarter. JPMorgan Chase & Co. now owns 505,761 shares of the business services provider’s stock valued at $229,940,000 after purchasing an additional 4,693 shares during the last quarter. Invesco Ltd. raised its position in shares of FactSet Research Systems by 7.6% in the 1st quarter. Invesco Ltd. now owns 490,698 shares of the business services provider’s stock valued at $223,091,000 after purchasing an additional 34,549 shares during the last quarter. Finally, Northern Trust Corp raised its position in FactSet Research Systems by 1.9% during the 1st quarter. Northern Trust Corp now owns 405,616 shares of the business services provider’s stock worth $184,409,000 after buying an additional 7,436 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Stock Performance

Shares of FDS opened at $290.30 on Tuesday. The company has a market capitalization of $10.87 billion, a price-to-earnings ratio of 18.67, a price-to-earnings-growth ratio of 2.92 and a beta of 0.79. FactSet Research Systems Inc. has a 52-week low of $272.50 and a 52-week high of $499.87. The stock has a 50 day moving average price of $323.02 and a 200 day moving average price of $392.78. 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 (NYSE:FDS) last posted its quarterly earnings data on Thursday, September 18th. The business services provider reported $4.05 earnings per share for the quarter, missing the consensus estimate of $4.13 by ($0.08). The firm had revenue of $596.90 million during the quarter, compared to analyst estimates of $593.32 million. FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. FactSet Research Systems’s revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the company posted $3.74 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Research analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Friday, August 29th were paid 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 was Friday, August 29th. FactSet Research Systems’s dividend payout ratio is 28.30%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of FactSet Research Systems in a research note on Wednesday, October 8th. Huber Research upgraded FactSet Research Systems to a “strong sell” rating in a report on Friday, September 19th. UBS Group upgraded FactSet Research Systems from a “neutral” rating to a “buy” rating and decreased their price objective for the company from $480.00 to $425.00 in a report on Monday, September 22nd. Zacks Research lowered FactSet Research Systems from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 23rd. Finally, Rothschild Redb upgraded shares of FactSet Research Systems from a “strong sell” rating to a “hold” rating in a report on Friday, September 12th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $356.78.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, EVP Helen L. Shan acquired 370 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The shares were purchased at an average price of $275.48 per share, with a total value of $101,927.60. Following the completion of the acquisition, the executive vice president directly owned 9,284 shares of the company’s stock, valued at approximately $2,557,556.32. The trade was a 4.15% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Christopher Mcloughlin acquired 338 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were acquired at an average cost of $296.19 per share, for a total transaction of $100,112.22. Following the acquisition, the insider directly owned 3,446 shares of the company’s stock, valued at $1,020,670.74. This trade represents a 10.88% increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.10% of the stock is owned by corporate insiders.

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.