（文章来源：第一财经） Anthropic法律服务工具引发的软件股大跌尚未平息，该公司周四又发布了其最强人工智能(AI)模型的新 版本，主要用于执行金融研究。该公司称，这款名为Claude Opus 4.6的版本能够检视企业数据、监管备 案文件和市场信息，并生成详细的金融分析报告，通常这类工作通常需要人工耗时数天才能完成。此 外，Opus 4.6还将提升一系列其他办公功能，包括制作电子表格和演示文稿，以及软件开发。该消息发 布后，金融服务公司股价应声下跌，FactSet Research Systems Inc.跌幅一度高达10%，标普全球、穆迪 和纳斯达克股价也均大幅走低。 ...

Core Insights - FactSet has launched AI Doc Ingest for Cobalt, an AI-powered solution aimed at improving portfolio company data collection for private capital managers, eliminating the need for client-side model training [1][2] Group 1: Product Features and Benefits - The AI Doc Ingest solution automates data extraction and ingestion, allowing clients to upload raw source files and extract structured data efficiently, regardless of file format [2][4] - Early beta users, including multinational private equity firms and venture capital managers, have reported significant improvements in efficiency, reducing multi-day document processes to just minutes [5][6] - The solution enhances data accuracy and transparency by minimizing human error and providing audit trails for all extracted data, ensuring seamless validation [6] Group 2: Market Position and Future Plans - FactSet's AI Doc Ingest distinguishes itself from competitors by not requiring model training and adapting to evolving document formats, thus reducing onboarding time and hidden costs [2][4] - The beta version is currently available to select clients in North America, with a general release planned for March 2026 and a rollout in Europe expected in late spring 2026 [7]

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here's the latest list of major oversold players in ...

Market Performance - The broad U.S. market started the year positively, with the SPDR® S&P 500® ETF (SPY) posting a gain despite some elevated volatility in the final week of January [1]

On January 30, McDonald Capital Investors disclosed a buy of 86,891 shares of FactSet Research Systems (NYSE:FDS), an estimated $24.39 million trade based on quarterly average pricing. What happened According to a filing with the Securities and Exchange Commission dated January 30, McDonald Capital Investors increased its stake in FactSet Research Systems (NYSE:FDS) by 86,891 shares during the fourth quarter. The estimated transaction value, based on the quarter’s average closing price, was approximately ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores. What are t ...

Core Insights - Barclays has entered a multiyear partnership with FactSet to enhance its market data strategy, leveraging FactSet's advanced analytics and technology to provide improved data-driven solutions for its clients [1][2] Group 1: Partnership Details - The collaboration aims to transform market data consumption, shifting clients from mere consumers to co-creators of capabilities for competitive insights [2] - FactSet will supply Barclays with a comprehensive suite of products, data, and solutions, ensuring optimal delivery for customers [2] - Barclays has been invited to join FactSet's Client Advisory Board, facilitating close collaboration on future data and technology solutions [3] Group 2: Company Backgrounds - Barclays aims to be a UK-centered leader in global finance, operating across various sectors including consumer, corporate, and investment banking [4] - FactSet provides enterprise data and information solutions, integrating proprietary financial data and third-party sources to enhance decision-making for over 9,000 global clients [5]

Group 1 - The article emphasizes the growing interest in small-cap value stocks as the market broadens beyond mega-cap tech stocks, which have dominated investment flows in recent years [2][21] - In Q4, the Russell 2000® Value Index returned 3.26%, outperforming the S&P 500's 2.66% gains, indicating a significant relative performance improvement for small stocks [3] - Small companies are projected to experience profit growth that will surpass large caps for the first time in 13 quarters, supported by favorable economic conditions such as lower interest rates and improved regulatory environments [4] Group 2 - Valuations of small stocks are becoming more attractive, with recent private acquisitions indicating increased investor interest; four holdings were taken private in the last quarter, raising the total to 14 for the year [5] - Despite the concentration of market capitalization, where just 10% of companies account for over 75% of the market, there is a belief that the small-cap rebound is still in its early stages [6] - The Heartland Value Fund gained 2.61% in Q4, slightly underperforming the Russell 2000® Value Index, but has outpaced it over longer time frames [9] Group 3 - Integer Holdings Corporation faced a significant stock decline of over 30% after lowering its growth outlook, but management remains optimistic about future growth and margin expansion [11] - Columbus McKinnon Corporation's stock dropped more than 40% following a $2.7 billion acquisition announcement, despite management's plans to improve growth and margin profiles post-acquisition [13][14] - Alexander & Baldwin's stock was down over 14% due to concerns about tourism, but the company was taken private at a 40% premium, indicating renewed investor interest in undervalued companies [20]

Core Viewpoint - The investment outlook for FactSet Research Systems (FDS) is positive, with a previous buy rating due to attractive valuation and visible growth pipeline supported by multi-year renewals [1] Group 1: Investment Strategy - The investment approach focuses on long-term investments while also incorporating short-term shorts to identify alpha opportunities [1] - The analysis is based on bottom-up evaluation, assessing the fundamental strengths and weaknesses of individual companies [1] - The investment duration is medium to long-term, targeting companies with solid fundamentals, sustainable competitive advantages, and growth potential [1]

Financial Performance - Revenues for the first quarter of fiscal 2026 were $607.6 million, a 6.9% increase from the prior year period, driven by a 6.0% increase in organic revenues [158]. - Net income for the first quarter was $152.6 million, a 1.7% increase from the prior year, with diluted earnings per share (EPS) at $4.06, up 4.4% [163]. - Operating margin decreased to 31.6% from 33.6% in the prior year, primarily due to higher amortization of intangible assets and employee compensation costs [160]. - Consolidated revenues for the three months ended November 30, 2025, were $607.6 million, a 6.9% increase from $568.7 million in the same period of 2024 [179]. - Operating income for the three months ended November 30, 2025, was $192.1 million, a slight increase of 0.4% compared to $191.3 million in the prior year [192]. - Net income for the three months ended November 30, 2025, was $152.6 million, a 1.7% increase from $150.0 million in the same period of 2024 [204]. - Adjusted operating income rose to $220.1 million, reflecting a 3.0% increase from $213.8 million in the previous year [209]. - EBITDA for the quarter was $247.6 million, representing a 7.7% increase from $229.9 million in 2024 [209]. Client and User Growth - The client count increased to 9,003, a 9.1% rise from the previous year, while user count grew to 239,863, a 9.9% increase [173]. - Annual ASV retention was over 95% as of November 30, 2025, with client retention at 91% [174]. Revenue Segmentation - ASV from the Americas represented 65% of total ASV at $1,575.8 million, a 7.6% increase from the previous year [168]. - ASV from EMEA was $591.0 million, a 3.7% increase, while Asia Pacific ASV reached $244.3 million, an 8.4% increase [169][170]. - Americas segment revenues increased by 7.9% to $396.2 million, driven by a 6.5% increase in organic revenues and a 1.4% increase from acquisitions [180]. - EMEA segment revenues grew by 4.0% to $149.5 million, with organic revenues contributing 4.0% and a 0.6% increase from foreign currency fluctuations [181]. - Asia Pacific segment revenues rose by 7.3% to $61.9 million, primarily due to an 8.3% increase in organic revenues [182]. Expenses and Operating Costs - Total operating expenses increased by 10.1% to $415.6 million, with cost of services rising by 11.3% to $287.9 million and SG&A increasing by 7.7% to $127.6 million [187]. - The operating margin decreased to 31.6% from 33.6% year-over-year, primarily due to higher employee compensation costs and technology-related expenses [193]. Cash Flow and Shareholder Returns - Cash and cash equivalents decreased to $275.4 million from $337.7 million as of August 31, 2025 [210]. - The company returned $181.3 million to shareholders through share repurchases and dividends during the three months ended November 30, 2025 [233]. - The company repurchased 478,100 shares for $139.9 million during the same period, compared to 104,475 shares for $48.8 million in 2024 [234]. - Dividends paid during the three months ended November 30, 2025, totaled $41.4 million, compared to $39.2 million for the same period in 2024 [237]. - Free cash flow for the three months ended November 30, 2025, was $90.4 million, an increase of $29.9 million from $60.5 million in 2024 [255]. Acquisitions - The acquisition of LiquidityBook was completed for a purchase price of $243.2 million, net of cash acquired [240]. - The acquisition of Irwin was completed for a purchase price of $120.2 million, net of cash acquired [242]. Financing and Debt - The 2025 Term Facility has an outstanding balance of $375.0 million, with no repayments made during the three months ended November 30, 2025 [216]. - The company entered into a $500.0 million senior unsecured term loan credit facility under the 2025 Credit Agreement, maturing on April 8, 2028 [213]. - The company has a total leverage ratio requirement of no greater than 3.75 to 1.00 under the 2025 Credit Agreement, and it was in compliance as of November 30, 2025 [222]. Cash Flow Activities - Net cash provided by operating activities was $121.3 million for the three months ended November 30, 2025, up from $86.4 million in 2024 [246]. - Net cash used in financing activities for the three months ended November 30, 2025, was $190.5 million, compared to $70.1 million in the same period of 2024, reflecting increased share repurchases [252]. - The cash provided by investing activities for the three months ended November 30, 2025, was $4.3 million, a significant recovery from $(145.1) million in the same period of 2024 [250]. Tax and Compliance - The effective tax rate increased to 19.7% for the three months ended November 30, 2025, up from 16.5% in the prior year, primarily due to a stock-based compensation tax shortfall [202]. Capital Expenditures - Capital expenditures increased by 19.2% to $30.8 million for the three months ended November 30, 2025, compared to $25.9 million a year ago [238].