Delta Global Management LP Grows Stake in FactSet Research Systems Inc. $FDS

Delta Global Management LP lifted its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 60.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,646 shares of the business services provider’s stock after acquiring an additional 3,244 shares during the period. Delta Global Management LP’s holdings in FactSet Research Systems were worth $2,477,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in FDS. First Horizon Corp acquired a new position in FactSet Research Systems in the third quarter valued at approximately $25,000. Winnow Wealth LLC acquired a new stake in FactSet Research Systems during the third quarter worth approximately $28,000. BOKF NA raised its holdings in FactSet Research Systems by 5,100.0% during the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after purchasing an additional 102 shares in the last quarter. Covestor Ltd lifted its position in shares of FactSet Research Systems by 53.4% during the 3rd quarter. Covestor Ltd now owns 112 shares of the business services provider’s stock worth $33,000 after buying an additional 39 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of FactSet Research Systems by 178.0% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 139 shares of the business services provider’s stock valued at $40,000 after buying an additional 89 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, Director Malcolm Frank sold 2,572 shares of FactSet Research Systems 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 directly owned 879 shares in the company, valued at approximately $259,920.30. This trade represents a 74.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Laurie Siegel sold 2,572 shares of the business’s 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 completion of the transaction, the director directly owned 1,037 shares in the company, valued at approximately $307,211.25. The trade was a 71.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on FDS. 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. Barclays decreased their price objective on shares of FactSet Research Systems from $300.00 to $210.00 and set an “underweight” rating for the company in a research note on Monday, February 23rd. The Goldman Sachs Group dropped their price objective on FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating on the stock in a report on Friday, December 19th. Wells Fargo & Company cut their target price on FactSet Research Systems from $215.00 to $195.00 and set an “underweight” rating on the stock in a research report on Tuesday, February 17th. Finally, Raymond James Financial reissued a “market perform” rating on shares of FactSet Research Systems in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have issued a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $291.62.

FactSet Research Systems Trading Up 1.0%

NYSE FDS opened at $205.69 on Monday. The firm’s fifty day moving average is $239.75 and its two-hundred day moving average is $275.88. FactSet Research Systems Inc. has a one year low of $185.00 and a one year high of $474.79. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.54 and a current ratio of 1.54. The firm has a market cap of $7.63 billion, a PE ratio of 13.08, a P/E/G ratio of 2.12 and a beta of 0.75.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Thursday, December 18th. The business services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate of $4.36 by $0.15. FactSet Research Systems had a net margin of 25.40% and a return on equity of 30.49%. The business had revenue of $607.62 million during the quarter, compared to the consensus estimate of $599.69 million. During the same quarter in the prior year, the firm earned $4.37 earnings per share. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. 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 approved a stock buyback program on Thursday, December 18th that permits the company to repurchase $600.00 million in 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 often a sign that the company’s board believes its shares are undervalued.

FactSet Research Systems Dividend Announcement

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

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.