FactSet Research Systems Inc. has gone through significant amendments of interest. A considerable increase of stake was observed by Atria Investments Inc and Bleakley Financial Group LLC, however, Bessemer Group Inc. and Blair William & Co. IL decided to decrease their stakes. CEO Frederick Philip Snow sold 3,000 shares which intensified the mixed stakeholder opinions. Recent earnings report exhibited a surpass in Q3 estimates, leading to a rise in the stock price. On the other hand, underperformance consideration was also raised by BofA due to a poor outlook for FY24 and possibly FY25. Further, a raise in dividend payment compared to the last year was communicated. Various forecasts and SWOT insights were executed to evaluate FactSet's position. Despite notable competitive pressures and AI challenges, FactSet remains a top momentum and growth stock for long-term investment. It also exhibited a well-perceived financial report, demonstrating solid growth in Q2 2024 earnings. However, FactSet experienced a downgrade to Underperform at BofA. As the share price fluctuated, it presented an opportunity for new investors like Axxcess Wealth Management LLC to join the portfolio.
Factset Research Systems FDS News Analytics from Thu, 21 Sep 2023 07:00:00 GMT to Sat, 03 Aug 2024 14:57:24 GMT -
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- Innovation 3
- Information 8
- Rumor 4
