FactSet Research Systems Inc.

New York Stock Exchange
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Slightly Bullish +15

FactSet Research Systems Inc. $FDS Shares Acquired by GHP Investment ...

AI-generated analysis

📈 GHP Investment Advisors increased its stake in FactSet by 10.9% to own 27,210 shares valued at $5.9 million.

📈 Louisiana State Employees Retirement System acquired a new position valued at $412,000 in the first quarter.

📈 Hendley & Co. Inc. grew its stake by 166.0% to own 19,820 shares valued at $4.3 million.

📈 SG Americas Securities LLC increased holdings by 240.5% to own 70,920 shares valued at $15.4 million.

📈 Rockefeller Capital Management L.P. boosted its stake by 683.8% in the fourth quarter to own 33,094 shares.

📉 Rothschild & Co Redburn downgraded FactSet from 'neutral' to 'sell' with a $215 price target.

📉 Goldman Sachs Group downgraded the stock from 'sell' to 'underweight' in a June 18th report.

📈 UBS Group decreased its price target to $380 but maintained a 'buy' rating for the company.

💰 The company raised its quarterly dividend to $1.16 per share, increasing the annualized yield to 2.0%.

📊 FactSet Research Systems has a market cap of $8.45 billion and a P/E ratio of 14.92.

📉 The stock trades between a 52-week low of $185 and a high of $453.41.

📊 Hedge funds and other institutional investors collectively own 91.24% of the company's outstanding stock.

Bullish Signals
  • Multiple major institutional investors, including GHP Investment Advisors, Hendley & Co., and SG Americas Securities, significantly increased their stakes in FactSet during the first quarter.
  • Rockefeller Capital Management L.P. acquired a massive additional position of 28,872 shares, representing a 683.8% increase in its holding over the fourth quarter.
  • The company recently announced an increase in its quarterly dividend from $1.10 to $1.16 per share, signaling confidence in cash flow generation.
  • FactSet maintains a strong balance sheet with a current ratio and quick ratio of 1.43 and a manageable debt-to-equity ratio of 0.64.
  • Institutional ownership remains robust at 91.24%, indicating sustained interest from professional money managers despite mixed analyst ratings.
Risk Factors
  • Rothschild & Co Redburn downgraded FactSet from a 'neutral' rating to a 'sell' rating with a price target of $215.
  • Goldman Sachs Group downgraded the stock from a 'sell' rating to an 'underweight' rating in a report dated June 18th.
  • Wells Fargo & Company issued an 'underweight' rating and increased its price objective only slightly to $200.
  • The consensus analyst rating is 'Reduce' with a target price of $267.69, which is below the current trading price of approximately $232 if adjusted for recent volatility or implies a lower fair value depending on interpretation.
  • UBS Group decreased its price target from $425 to $380, suggesting a potential overvaluation relative to previous estimates.
Full Analysis
FactSet Research Systems Inc. (NYSE:FDS) saw significant institutional activity in the first quarter, led by GHP Investment Advisors increasing its stake by 10.9% to own 27,210 shares valued at $5.9 million. Other notable investors including Louisiana State Employees Retirement System, KFG Wealth Management, Hendley & Co., SG Americas Securities, and Rockefeller Capital Management all increased their holdings, with some seeing massive percentage gains like Rockefeller's 683.8% boost in the fourth quarter. Institutional ownership remains high at 91.24%. The stock currently trades around $232, having a market capitalization of $8.45 billion and a P/E ratio of 14.92. Financial metrics show a current ratio of 1.43 and a debt-to-equity ratio of 0.64. The company recently increased its quarterly dividend to $1.16 per share, representing an annualized yield of 2.0% with a payout ratio of 29.84%. Analyst consensus targets the stock at $267.69, though ratings are mixed with several downgrades from major firms like Rothschild & Co and Goldman Sachs. FactSet operates as a global provider of integrated financial data and analytics, founded in 1978 and headquartered in Norwalk, Connecticut. Its core offerings include the FactSet Workstation for customizable screening and portfolio analysis, APIs for system integration, and cloud-based solutions for thematic research. The platform aggregates real-time market data, company fundamentals, estimates, and proprietary analytics to serve portfolio managers, analysts, and risk officers.