FactsetFDS
About: FactSet provides financial data and portfolio analytics to the global investment community. The company aggregates data from third-party data suppliers, news sources, exchanges, brokerages, and contributors into its workstations. In addition, it provides essential portfolio analytics that companies use to monitor portfolios and address reporting requirements. Buy-side clients (including wealth and corporate clients) account for 82% of FactSet's annual subscription value. In 2015, the company acquired Portware, a provider of trade execution software. In 2017, it acquired BISAM, a risk management and performance measurement provider. In 2022, it completed its purchase of CUSIP Global Services.
Employees: 12,262
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
73% more call options, than puts
Call options by funds: $61.3M | Put options by funds: $35.4M
38% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 69
3% more funds holding
Funds holding: 765 [Q1] → 791 (+26) [Q2]
9% more repeat investments, than reductions
Existing positions increased: 286 | Existing positions reduced: 262
0% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]
1.29% less ownership
Funds ownership: 95.26% [Q1] → 93.97% (-1.29%) [Q2]
11% less capital invested
Capital invested by funds: $16.5B [Q1] → $14.6B (-$1.85B) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Redburn Atlantic Russell Quelch 67% 1-year accuracy 2 / 3 met price target | 20%downside $380 | Sell Downgraded | 9 Oct 2024 |
Evercore ISI Group David Motemeden 67% 1-year accuracy 2 / 3 met price target | 1%downside $470 | In-Line Initiated | 2 Oct 2024 |
BMO Capital Jeffrey Silber 28% 1-year accuracy 5 / 18 met price target | 0%downside $471 | Market Perform Maintained | 20 Sept 2024 |
Wells Fargo Jason Haas 85% 1-year accuracy 17 / 20 met price target | 6%upside $503 | Equal-Weight Maintained | 20 Sept 2024 |
Stifel Shlomo Rosenbaum 93% 1-year accuracy 13 / 14 met price target | 1%downside $469 | Hold Maintained | 20 Sept 2024 |
Financial journalist opinion
Based on 11 articles about FDS published over the past 30 days