196,176 Shares in FactSet Research Systems Inc. $FDS Purchased by Heron Bay Capital Management

Heron Bay Capital Management bought a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS) in the second quarter, Holdings Channel reports. The firm bought 196,176 shares of the business services provider’s stock, valued at approximately $45,136,000. FactSet Research Systems comprises 4.1% of Heron Bay Capital Management’s investment portfolio, making the stock its 8th largest position.

Several other institutional investors also recently bought and sold shares of the company. WPG Advisers LLC increased its stake in FactSet Research Systems by 76.9% during the fourth quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock worth $27,000 after purchasing an additional 40 shares during the period. Field & Main Bank purchased a new position in shares of FactSet Research Systems in the fourth quarter valued at approximately $29,000. BOKF NA boosted its stake in shares of FactSet Research Systems by 5,100.0% in the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 102 shares during the period. Navalign LLC acquired a new position in shares of FactSet Research Systems in the fourth quarter valued at approximately $32,000. Finally, Litman Gregory Wealth Management LLC acquired a new position in shares of FactSet Research Systems in the fourth quarter valued at approximately $32,000. 91.24% of the stock is owned by institutional investors and hedge funds.

FactSet Research Systems Stock Down 0.3%

FDS stock opened at $299.26 on Friday. The company’s 50 day moving average price is $257.01 and its 200 day moving average price is $233.44. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.68. FactSet Research Systems Inc. has a fifty-two week low of $185.00 and a fifty-two week high of $386.52. The firm has a market capitalization of $10.64 billion, a price-to-earnings ratio of 19.71, a PEG ratio of 2.01 and a beta of 0.70.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, beating the consensus estimate of $4.44 by $0.09. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The firm had revenue of $622.92 million for the quarter, compared to analysts’ expectations of $617.91 million. During the same quarter last year, the company earned $4.27 earnings per share. The firm’s revenue 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. On average, equities research analysts anticipate that FactSet Research Systems Inc. will post 17.76 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Monday, August 31st will be issued 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 is Monday, August 31st. FactSet Research Systems’s dividend payout ratio (DPR) is presently 30.57%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on FDS shares. Jefferies Financial Group increased their target price on shares of FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a report on Thursday, July 2nd. Barclays boosted their price target on shares of FactSet Research Systems from $210.00 to $216.00 and gave the stock an “underweight” rating in a research note on Monday, July 6th. Wolfe Research upped their price objective on FactSet Research Systems from $225.00 to $240.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft increased their price objective on FactSet Research Systems from $275.00 to $280.00 and gave the company a “hold” rating in a research note on Thursday, July 2nd. Finally, UBS Group reiterated a “buy” rating on shares of FactSet Research Systems in a report on Wednesday, July 22nd. 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 company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus 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.