R Squared Ltd Takes Position in FactSet Research Systems Inc. $FDS

R Squared Ltd purchased a new position in FactSet Research Systems Inc. (NYSE:FDS) during the first quarter, HoldingsChannel reports. The firm purchased 2,090 shares of the business services provider’s stock, valued at approximately $454,000.

Several other institutional investors also recently added to or reduced their stakes in FDS. Jones Financial Companies Lllp grew its stake in FactSet Research Systems by 5.6% in the 1st quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock worth $785,000 after acquiring an additional 91 shares in the last quarter. Empowered Funds LLC raised its stake in shares of FactSet Research Systems by 27.6% during the first quarter. Empowered Funds LLC now owns 972 shares of the business services provider’s stock valued at $442,000 after acquiring an additional 210 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of FactSet Research Systems by 188.2% in the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 64 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of FactSet Research Systems by 58.6% in the second quarter. EverSource Wealth Advisors LLC now owns 138 shares of the business services provider’s stock valued at $62,000 after purchasing an additional 51 shares during the period. Finally, Cerity Partners LLC grew its stake in FactSet Research Systems by 15.6% in the second quarter. Cerity Partners LLC now owns 5,247 shares of the business services provider’s stock worth $2,347,000 after purchasing an additional 707 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Up 1.8%

Shares of NYSE:FDS traded up $4.42 on Tuesday, reaching $256.62. The company had a trading volume of 117,927 shares, compared to its average volume of 975,020. The firm has a market capitalization of $9.13 billion, a PE ratio of 16.88, a PEG ratio of 2.08 and a beta of 0.72. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. FactSet Research Systems Inc. has a 52-week low of $185.00 and a 52-week high of $453.41. The firm’s 50 day simple moving average is $231.81 and its 200-day simple moving average is $237.15.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $622.92 million during the quarter, compared to analysts’ expectations of $617.91 million. During the same period in the prior year, the business posted $4.27 EPS. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. As a group, analysts expect that FactSet Research Systems Inc. will post 17.72 earnings per share for the current fiscal year.

FactSet Research Systems Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, May 29th were given a dividend of $1.16 per share. The ex-dividend date of this dividend was Friday, May 29th. This is a positive change from FactSet Research Systems’s previous quarterly dividend of $1.10. This represents a $4.64 annualized dividend and a dividend yield of 1.8%. FactSet Research Systems’s payout ratio is currently 30.57%.

Analyst Ratings Changes

FDS has been the topic of several research reports. Morgan Stanley raised their price objective on FactSet Research Systems from $228.00 to $230.00 and gave the stock an “equal weight” rating in a report on Thursday, July 2nd. The Goldman Sachs Group downgraded FactSet Research Systems from a “sell” rating to an “underweight” rating in a research report on Thursday, June 18th. Rothschild & Co Redburn lowered FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price target on the stock. in a research note on Thursday, June 18th. Deutsche Bank Aktiengesellschaft lifted their price objective on FactSet Research Systems from $275.00 to $280.00 and gave the company a “hold” rating in a report on Thursday, July 2nd. Finally, UBS Group lowered their price objective on shares of FactSet Research Systems from $380.00 to $340.00 and set a “buy” rating for the company in a research note on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have assigned a Hold rating and seven have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $253.00.

FactSet Research Systems Profile

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.