Baron Funds released its third-quarter 2025 investor letter for the Baron Focused Growth Fund, which appreciated 4.83% but underperformed the Benchmark’s 10.73% gain. Concerns over economic growth and competitive pressures affected performance, leading to a slower growth rate for Consumer Discretionary stocks. Check the fund’s top five holdings for insights into its 2025 picks.

FactSet Research Systems Inc. (NYSE:FDS) was highlighted in the Baron Focused Growth Fund’s investor letter, with a one-month return of -6.00% and a 44.70% loss over 52 weeks. On November 4, 2025, FactSet Research Systems Inc. (NYSE:FDS) closed at $264.58 per share, with a market capitalization of $9.901 billion.

In the same investor letter, Baron Focused Growth Fund expressed confidence in FactSet Research Systems Inc. (NYSE:FDS) despite industry-wide concerns about AI and a CEO transition. The company reported strong fiscal fourth-quarter 2025 earnings and highlighted the benefits of AI, solidifying its long-term potential in the market.

FactSet Research Systems Inc. (NYSE:FDS) is not among the 30 Most Popular Stocks Among Hedge Funds, but 36 hedge fund portfolios held shares at the end of the second quarter. In the fourth quarter of fiscal 2025, FactSet Research Systems Inc. (NYSE:FDS) saw a 6.2% year-over-year revenue increase to $597 million. While the company has investment potential, other AI stocks may offer greater upside with less downside risk.

Read more at Yahoo Finance: Here’s Why FactSet Research Systems (FDS) Declined in Q3