FactSet Research Systems Inc.

New York Stock Exchange
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Slightly Bullish +15

Aurora Investment Counsel Buys 2,139 Shares of FactSet Research Systems ...

AI-generated analysis

📈 Aurora Investment Counsel increased its FDS holdings by 31.1% in Q1, adding 2,139 shares to a total position of 9,006 shares.

📊 Northwestern Mutual Wealth Management Co. dramatically boosted its stake by 444,058.1% in Q4, acquiring over 13.8 million shares.

💰 Bamco Inc. NY raised its FDS position by 58.8%, now owning 2.89 million shares valued at $838 million.

🏦 AQR Capital Management LLC increased its holdings by 4,547.4% in Q4, adding nearly 690,000 shares to its portfolio.

🌍 Norges Bank initiated a new stake in FactSet Research Systems valued at approximately $151 million during the fourth quarter.

💵 The company raised its quarterly dividend to $1.16 per share, resulting in an annualized yield of 1.8%.

📉 Analyst consensus remains cautious with an average rating of 'Reduce' and a consensus price target of $253.00.

📈 Bank of America upgraded its price objective to $210.00 while maintaining an 'underperform' rating.

📊 Morgan Stanley raised its price target to $230.00 and assigned an 'equal weight' rating to the stock.

🏢 Barclays increased its price target to $216.00 but retained an 'underweight' stance on the shares.

📉 Wells Fargo & Company lifted its price objective to $210.00 while keeping an 'underweight' rating.

🔍 Jefferies Financial Group raised its price target significantly to $253.00 and issued a 'hold' rating.

📈 The stock currently trades above its 50-day moving average of $237.13 and 200-day moving average of $235.30.

💼 FactSet operates as a global provider of integrated financial data and analytics to the investment community.

🛠️ Core products include the FactSet Workstation, APIs for system integration, and cloud-based solutions for research.

Bullish Signals
  • Significant institutional accumulation with major funds like Northwestern Mutual increasing stakes by over 400,000% in Q4.
  • Dividend increase from $1.10 to $1.16 per share, boosting the annualized yield to 1.8%.
  • Stock price trading above both 50-day and 200-day moving averages indicating short-to-medium term strength.
  • Bank of America raised its price objective to $210.00 despite maintaining an underperform rating.
  • Morgan Stanley increased its price target to $230.00 with an equal weight rating.
  • Barclays raised its price target to $216.00 reflecting positive outlook on fundamentals.
  • Wells Fargo & Company lifted its price objective to $210.00.
  • Jefferies Financial Group significantly raised its price target to $253.00, the highest among recent analysts.
  • Strong institutional ownership at 91.24% suggests confidence in long-term business model.
Risk Factors
  • Analyst consensus rating is 'Reduce' with a majority of analysts holding 'Hold' or 'Sell' ratings.
  • Bank of America, Barclays, and Wells Fargo maintain 'underperform' or 'underweight' ratings despite price target increases.
  • Current ratio and quick ratio are both 0.68, indicating liquidity constraints relative to short-term obligations.
  • Stock has a beta of 0.72, suggesting lower volatility than the broader market which may limit upside potential in bull markets.
Full Analysis
Aurora Investment Counsel increased its stake in FactSet Research Systems Inc. (NYSE:FDS) by 31.1% during the first quarter, purchasing an additional 2,139 shares to hold a total of 9,006 shares valued at $1.954 million. This move was part of a broader trend where several major institutional investors significantly boosted their positions in the business services provider during the fourth quarter. Northwestern Mutual Wealth Management Co. led the institutional buying spree by acquiring an additional 13.85 million shares, representing a massive 444,058.1% increase in holdings and bringing its total stake to over 13.8 million shares valued at $4.02 billion. Other notable increases included Bamco Inc. NY, AQR Capital Management LLC, Bank of Montreal Can, and Norges Bank, all adding substantial new stakes to their portfolios. FactSet Research Systems reported a quarterly dividend of $1.16 per share paid on June 18th, raising the annualized yield to 1.8% from the previous quarter's rate. The stock trades at a market capitalization of $9.19 billion with a P/E ratio of 17.02 and a beta of 0.72. Analyst consensus remains mixed, with an average rating of 'Reduce' and a consensus price target of $253.00, though recent upgrades from major banks like Bank of America and Morgan Stanley suggest potential upside.