Allspring Global Investments Holdings LLC Purchases 10,682 Shares of ...
π Allspring Global Investments Holdings LLC increased its FDS stake by 209.0% in Q1, adding 10,682 shares.
π¦ Investment House LLC raised its position by 311.5% in Q4, now holding 42,393 shares worth $12.3 million.
π° FactSet Research Systems reported Q2 earnings of $4.53 EPS, beating the consensus estimate of $4.44.
π Revenue reached $622.92 million, marking a 6.4% increase compared to the same quarter last year.
π΅ The company raised its quarterly dividend to $1.16 per share, increasing the annualized yield to 1.8%.
π Full-year 2026 EPS guidance is set between $17.25 and $17.75.
π Hedge funds and institutional investors now own 91.24% of the company's outstanding stock.
π The stock trades at a P/E ratio of 16.77 with a market capitalization of $9.06 billion.
- FactSet Research Systems beat quarterly earnings estimates, reporting $4.53 EPS compared to the consensus of $4.44.
- The company achieved revenue growth of 6.4% year-over-year, reaching $622.92 million for the quarter.
- Management raised the quarterly dividend from $1.10 to $1.16 per share, signaling confidence in cash flow.
- Multiple institutional investors, including Allspring and Investment House LLC, significantly increased their holdings.
- The company maintains a strong return on equity of 30.68% and a net margin of 23.21%.