Whittier Trust Co. of Nevada Inc. Sells 10,131 Shares of FactSet Research Systems Inc. $FDS

Whittier Trust Co. of Nevada Inc. reduced its position in FactSet Research Systems Inc. (NYSE:FDS) by 90.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,062 shares of the business services provider’s stock after selling 10,131 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in FactSet Research Systems were worth $300,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in FDS. ORG Partners LLC boosted its stake in shares of FactSet Research Systems by 13.9% during the second quarter. ORG Partners LLC now owns 205 shares of the business services provider’s stock valued at $93,000 after purchasing an additional 25 shares in the last quarter. Valmark Advisers Inc. grew its stake in FactSet Research Systems by 1.3% during the 2nd quarter. Valmark Advisers Inc. now owns 1,970 shares of the business services provider’s stock valued at $881,000 after purchasing an additional 26 shares during the last quarter. Huntington National Bank raised its stake in shares of FactSet Research Systems by 10.0% in the second quarter. Huntington National Bank now owns 320 shares of the business services provider’s stock worth $143,000 after purchasing an additional 29 shares during the last quarter. Daiwa Securities Group Inc. raised its holdings in shares of FactSet Research Systems by 0.4% during the second quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider’s stock worth $3,071,000 after purchasing an additional 30 shares during the last quarter. Finally, Claret Asset Management Corp boosted its holdings in FactSet Research Systems by 7.0% in the second quarter. Claret Asset Management Corp now owns 532 shares of the business services provider’s stock valued at $238,000 after purchasing an additional 35 shares during the last quarter. 91.24% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Zacks Research upgraded shares of FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Raymond James Financial reiterated a “market perform” rating on shares of FactSet Research Systems in a research report on Thursday, December 18th. Huber Research raised shares of FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, December 19th. Stifel Nicolaus reduced their price target on shares of FactSet Research Systems from $372.00 to $295.00 and set a “hold” rating on the stock in a research note on Friday, December 19th. Finally, Wells Fargo & Company upped their price target on FactSet Research Systems from $260.00 to $265.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have issued a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $313.00.

Insider Activity at FactSet Research Systems

In other news, Director Malcolm Frank sold 2,572 shares of the stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $295.70, for a total value of $760,540.40. Following the completion of the sale, the director owned 879 shares in the company, valued at approximately $259,920.30. This trade represents a 74.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Laurie Siegel sold 2,572 shares of the stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $296.25, for a total value of $761,955.00. Following the transaction, the director owned 1,037 shares of the company’s stock, valued at approximately $307,211.25. This trade represents a 71.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.20% of the stock is owned by insiders.

FactSet Research Systems Trading Down 1.1%

NYSE FDS opened at $283.67 on Tuesday. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.63. The firm has a 50-day moving average price of $286.09 and a 200 day moving average price of $319.91. FactSet Research Systems Inc. has a 52-week low of $250.50 and a 52-week high of $477.92. The stock has a market capitalization of $10.52 billion, a P/E ratio of 18.12, a P/E/G ratio of 2.62 and a beta of 0.75.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Thursday, December 18th. The business services provider reported $4.51 EPS for the quarter, beating analysts’ consensus estimates of $4.36 by $0.15. The company had revenue of $607.62 million during the quarter, compared to the consensus estimate of $599.69 million. FactSet Research Systems had a return on equity of 30.49% and a net margin of 25.40%.FactSet Research Systems’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the company earned $4.37 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Equities research analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Friday, November 28th were given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, November 28th. FactSet Research Systems’s dividend payout ratio (DPR) is 27.99%.

FactSet Research Systems declared that its board has approved a share repurchase program on Thursday, December 18th that permits the company to repurchase $600.00 million in outstanding shares. This repurchase authorization permits the business services provider to buy up to 5.4% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

About FactSet Research Systems

FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.

The company’s core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.