FactSet Research Systems Inc. (FDS) continues to garner interest from various quarters. Among its key shareholders, the Public Employees Retirement System of Ohio maintains a $6.99 Million stake, while M&T Bank Corp, Kovitz Investment Group, and Benjamin Edwards Inc. have increased their holdings. National Bank of Canada FI and Royal London Asset Management hold notable positions as well. However, several companies, like Coldstream Capital Management, HighTower Advisors, and Dynamic Technology Lab, have downsized their position. Remarkably, FactSet reported a steady QLE5 dividend, ensuring consistent returns for shareholders. FactSet further fortified its financial news and AI capabilities in conjunction with MT Newswires. Despite concerns over slowing growth, the company's stocks have experienced an upward trajectory. Moreover, its positive earnings call and raised guidance contribute to the optimistic market sentiment. FactSet has also illuminated its growth trajectory until 2028, targeting a $40B+ market with a 38% operating margin. Furthermore, the company's significant AI integration promises new tools by 2025, which could boost its business. FactSet's collaboration with J.P. Morgan for portfolio analytics signifies a strategic partnership. Finally, the appointment of a former S&P Global executive as its Chief Legal Officer augments its leadership team.
Factset Research Systems FDS News Analytics from Thu, 21 Mar 2024 07:00:00 GMT to Sat, 14 Dec 2024 15:02:24 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor 5
