The American International Group and Axxcess Wealth Management LLC has substantial stock holdings in FactSet Research Systems (FDS), while Blair William & Co. IL and Mitsubishi UFJ Trust & Banking Corp have reduced their shares. FactSet has undergone an executive team reshuffle alongside an upgrade in rating as it's expected that demand environment will improve. While UniSuper Management Pty Ltd and Empowered Funds LLC increased their stake in the company, its stock price target is set at $432.00. FactSet's dividend payout is projected to be larger than that of the previous year. The company has also updated its FY24 Earnings Guidance and announced solid growth in q2 2024 earnings. Further, it has witnessed a short interest rise by 6.2%. The CEO, Frederick Snow sold 3,000 shares while Goran Skoko sold 1,500 shares. According to Zacks Research, FY2024 earnings forecast is issued for FactSet. The company made an addition to the team by appointing Helen Shan as CFO, but they have also faced layoffs affecting licensing revenue. Lastly, the Q3 profit beat expectations and raised guidance.
Factset Research Systems FDS News Analytics from Thu, 21 Sep 2023 07:00:00 GMT to Sun, 28 Jul 2024 14:49:20 GMT - Rating 6 - Innovation 2 - Information 5 - Rumor -3
