FactSet reported strong earnings and a higher dividend, attracting major investor interest.

FactSet Research Systems Inc. saw significant interest from institutional investors this quarter, with Icon Wealth Advisors increasing its stake by 1,068.3% and Palisade Asset Management by 20.8%. The company surpassed earnings estimates, reporting $3.74 EPS compared to the expected $3.62. FactSet also announced a quarterly dividend of $1.04, payable on December 19th to shareholders of record on November 29th. Analysts have set target prices ranging from $380.00 to $503.00, reflecting varied opinions on the stock's value.

November 23, 2024
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