Saybrook Capital NC Has $15.61 Million Stake in FactSet Research Systems Inc. $FDS

Saybrook Capital NC grew its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 19.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,481 shares of the business services provider’s stock after purchasing an additional 9,011 shares during the period. FactSet Research Systems makes up 4.1% of Saybrook Capital NC’s investment portfolio, making the stock its 8th largest holding. Saybrook Capital NC’s holdings in FactSet Research Systems were worth $15,608,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of FDS. Cullen Frost Bankers Inc. lifted its holdings in FactSet Research Systems by 4,300.0% in the second quarter. Cullen Frost Bankers Inc. now owns 88 shares of the business services provider’s stock worth $39,000 after buying an additional 86 shares during the period. WPG Advisers LLC bought a new position in shares of FactSet Research Systems in the 1st quarter worth approximately $41,000. Generali Investments Management Co LLC purchased a new position in shares of FactSet Research Systems in the 2nd quarter valued at approximately $42,000. Geneos Wealth Management Inc. lifted its stake in shares of FactSet Research Systems by 188.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 64 shares during the period. Finally, CYBER HORNET ETFs LLC bought a new stake in shares of FactSet Research Systems during the second quarter valued at approximately $45,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Wolfe Research reaffirmed an “underperform” rating and issued a $290.00 target price on shares of FactSet Research Systems in a research report on Friday, November 14th. Rothschild & Co Redburn upgraded shares of FactSet Research Systems from a “sell” rating to a “neutral” rating and lowered their target price for the company from $415.00 to $370.00 in a report on Friday, September 12th. Morgan Stanley set a $307.00 price target on FactSet Research Systems and gave the stock an “equal weight” rating in a research note on Wednesday, December 17th. Wells Fargo & Company lowered their price objective on FactSet Research Systems from $296.00 to $260.00 and set an “underweight” rating for the company in a research note on Friday, December 5th. Finally, Evercore ISI cut their target price on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating on the stock in a research note on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, FactSet Research Systems currently has an average rating of “Reduce” and a consensus price target of $313.17.

Insider Buying and Selling

In other FactSet Research Systems news, EVP Helen L. Shan acquired 370 shares of the stock in a transaction dated Monday, October 6th. The shares were acquired at an average cost of $275.48 per share, for a total transaction of $101,927.60. Following the completion of the transaction, the executive vice president directly owned 9,284 shares of the company’s stock, valued at approximately $2,557,556.32. The trade was a 4.15% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Goran Skoko purchased 500 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average cost of $252.93 per share, for a total transaction of $126,465.00. Following the completion of the acquisition, the executive vice president owned 9,192 shares in the company, valued at $2,324,932.56. This represents a 5.75% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.20% of the company’s stock.

FactSet Research Systems Trading Up 0.7%

Shares of NYSE:FDS opened at $292.09 on Friday. FactSet Research Systems Inc. has a 1 year low of $250.50 and a 1 year high of $493.00. The stock’s fifty day moving average price is $279.73 and its 200-day moving average price is $342.91. The company has a market cap of $10.93 billion, a P/E ratio of 18.58, a PEG ratio of 2.65 and a beta of 0.75. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.54 and a quick ratio of 1.40.

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

FactSet Research Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Friday, November 28th were issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, November 28th. FactSet Research Systems’s dividend payout ratio is currently 27.99%.

FactSet Research Systems declared that its Board of Directors has authorized a share buyback program on Thursday, December 18th that authorizes the company to buyback $600.00 million in shares. This buyback authorization authorizes the business services provider to buy up to 5.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

FactSet Research Systems Company Profile

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.