Investment House LLC Purchases New Shares in FactSet Research Systems Inc. $FDS

Investment House LLC purchased a new position in FactSet Research Systems Inc. (NYSE:FDS) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,301 shares of the business services provider’s stock, valued at approximately $2,951,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its position in shares of FactSet Research Systems by 5.6% in the 1st quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock worth $785,000 after buying an additional 91 shares during the period. Empowered Funds LLC boosted its stake in FactSet Research Systems by 27.6% during the first quarter. Empowered Funds LLC now owns 972 shares of the business services provider’s stock worth $442,000 after acquiring an additional 210 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in FactSet Research Systems by 188.2% during the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock worth $45,000 after acquiring an additional 64 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in FactSet Research Systems by 21.2% in the second quarter. Farther Finance Advisors LLC now owns 549 shares of the business services provider’s stock worth $246,000 after purchasing an additional 96 shares during the period. Finally, Ballentine Partners LLC increased its stake in shares of FactSet Research Systems by 6.0% during the second quarter. Ballentine Partners LLC now owns 1,058 shares of the business services provider’s stock valued at $473,000 after purchasing an additional 60 shares in the last quarter. Institutional investors own 91.24% of the company’s stock.

Insider Activity

In related news, EVP Goran Skoko bought 500 shares of the firm’s stock in a transaction 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 purchase, the executive vice president owned 9,192 shares in the company, valued at approximately $2,324,932.56. This represents a 5.75% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Laurie Siegel sold 2,572 shares of the stock in a transaction 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 directly owned 1,037 shares in the company, valued at $307,211.25. The trade was 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 corporate insiders.

FactSet Research Systems Stock Down 0.8%

FactSet Research Systems stock opened at $286.36 on Friday. FactSet Research Systems Inc. has a 12 month low of $250.50 and a 12 month high of $477.92. The stock has a fifty day simple moving average of $285.83 and a two-hundred day simple moving average of $321.95. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.63. The firm has a market cap of $10.62 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 2.62 and a beta of 0.75.

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

FactSet Research Systems declared that its board has authorized a share repurchase plan 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 reacquire up to 5.4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

FactSet Research Systems Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on FDS. Royal Bank Of Canada reissued a “sector perform” rating and issued a $320.00 price target on shares of FactSet Research Systems in a research report on Friday, December 19th. Raymond James Financial reiterated a “market perform” rating on shares of FactSet Research Systems in a research note on Thursday, December 18th. Wells Fargo & Company increased their target price 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. Wolfe Research restated an “underperform” rating and set a $290.00 price target on shares of FactSet Research Systems in a report on Friday, November 14th. Finally, Huber Research raised FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, December 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 company’s stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $313.00.

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.