FactSet Research Systems Inc. (FDS) has been quite active on the market, attracting the attention of investors and asset management groups. There's been significant share activity with companies such as
V Square Quantitative Management LLC, CIBC Private Wealth Group LLC, and Stifel Financial Corp acquiring shares of FDS. However, others like
Schroder Investment Management Group, Goldman Sachs Group Inc., and Northern Trust Corp are reducing their stakes. The firm has also seen insider sales, with the CEO and the EVP making significant sales of their shares. Despite missing their revenue target for
Q2 2024, the firm beat Earnings per share estimates. On a negative note, they have been downgraded to
Underperform at BofA and have seen their price target lowered by analysts. Nevertheless, the company announced a larger dividend than last year and investors have seen respectable returns over the past five years. However, the outlook for FY24 and likely FY25 is judged to be poor.
Factset Research Systems FDS News Analytics from Thu, 21 Sep 2023 07:00:00 GMT to Sun, 16 Jun 2024 16:22:06 GMT -
Rating 4
- Innovation 2
- Information 6
- Rumor -3
