Wedbush Securities Inc. Purchases 2,752 Shares of FactSet Research Systems Inc. $FDS

Wedbush Securities Inc. raised its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 384.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,468 shares of the business services provider’s stock after acquiring an additional 2,752 shares during the quarter. Wedbush Securities Inc.’s holdings in FactSet Research Systems were worth $993,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cullen Frost Bankers Inc. boosted its holdings in FactSet Research Systems by 4,300.0% during the second quarter. Cullen Frost Bankers Inc. now owns 88 shares of the business services provider’s stock worth $39,000 after purchasing an additional 86 shares during the last quarter. First Horizon Corp acquired a new stake in FactSet Research Systems in the 3rd quarter valued at $25,000. Generali Investments Management Co LLC bought a new stake in FactSet Research Systems during the 2nd quarter worth about $42,000. Winnow Wealth LLC bought a new stake in FactSet Research Systems during the 3rd quarter worth about $28,000. Finally, Geneos Wealth Management Inc. boosted its stake in shares of FactSet Research Systems by 188.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock worth $45,000 after buying an additional 64 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at FactSet Research Systems

In other news, Director Laurie Siegel sold 2,572 shares of the business’s stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $296.25, for a total transaction of $761,955.00. Following the completion of the sale, the director 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Malcolm Frank sold 2,572 shares of the stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $295.70, for a total value of $760,540.40. Following the transaction, the director owned 879 shares in the company, valued at approximately $259,920.30. This trade represents a 74.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.20% of the stock is currently owned by corporate insiders.

FactSet Research Systems Stock Performance

FDS opened at $205.69 on Friday. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.63. FactSet Research Systems Inc. has a 12-month low of $190.58 and a 12-month high of $474.79. The business has a 50 day moving average of $271.90 and a 200-day moving average of $300.99. The stock has a market cap of $7.63 billion, a price-to-earnings ratio of 13.08, a PEG ratio of 1.88 and a beta of 0.73.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Thursday, December 18th. The business services provider reported $4.51 earnings per share 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 business had revenue of $607.62 million for the quarter, compared to analysts’ expectations of $599.69 million. During the same quarter in the prior year, the business earned $4.37 EPS. The firm’s revenue for the quarter 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. On average, equities research analysts expect that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems announced that its board has authorized a share buyback program on Thursday, December 18th that permits the company to buyback $600.00 million in shares. This buyback authorization permits the business services provider to reacquire up to 5.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board believes its shares are undervalued.

FactSet Research Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 27th will be issued a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.40 annualized dividend and a dividend yield of 2.1%. FactSet Research Systems’s payout ratio is presently 27.99%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $320.00 target price on shares of FactSet Research Systems in a research report on Friday, December 19th. Zacks Research upgraded FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Wolfe Research reiterated an “underperform” rating and set a $290.00 price objective on shares of FactSet Research Systems in a research note on Friday, November 14th. Wells Fargo & Company cut their price objective on FactSet Research Systems from $265.00 to $215.00 and set an “underweight” rating for the company in a report on Wednesday, February 4th. Finally, Stifel Nicolaus decreased their target price on shares of FactSet Research Systems from $372.00 to $295.00 and set a “hold” rating for the company in a research note on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $308.83.

FactSet Research Systems 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.