FactSet Research Systems (NYSE:FDS) Director Sells $761,955.00 in Stock

FactSet Research Systems Inc. (NYSE:FDS) Director Laurie Siegel sold 2,572 shares of FactSet Research Systems stock in a transaction dated 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 of the company’s stock, valued at $307,211.25. The trade was a 71.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

FactSet Research Systems Price Performance

Shares of FDS stock traded up $2.61 during trading hours on Monday, reaching $297.06. The stock had a trading volume of 395,652 shares, compared to its average volume of 503,336. The stock’s fifty day simple moving average is $281.36 and its 200 day simple moving average is $332.14. The firm has a market capitalization of $11.02 billion, a PE ratio of 18.90, a PEG ratio of 2.69 and a beta of 0.75. FactSet Research Systems Inc. has a 12 month low of $250.50 and a 12 month high of $477.92. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.63.

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

FactSet Research Systems Dividend Announcement

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

FactSet Research Systems announced that its Board of Directors has initiated a share buyback plan on Thursday, December 18th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the business services provider to reacquire up to 5.4% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

FDS has been the subject of several research analyst reports. Jefferies Financial Group reiterated a “hold” rating and set a $305.00 target price on shares of FactSet Research Systems in a research report on Friday, December 19th. UBS Group reaffirmed a “buy” rating on shares of FactSet Research Systems in a report on Friday, December 19th. Huber Research raised FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, December 19th. Morgan Stanley set a $307.00 price target on FactSet Research Systems and gave the company an “equal weight” rating in a research report on Wednesday, December 17th. Finally, The Goldman Sachs Group cut their price objective on FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating for the company in a report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $312.58.

Institutional Investors Weigh In On FactSet Research Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Truist Financial Corp grew its stake in shares of FactSet Research Systems by 0.5% in the second quarter. Truist Financial Corp now owns 22,313 shares of the business services provider’s stock worth $9,980,000 after acquiring an additional 114 shares during the period. Vest Financial LLC lifted its position in FactSet Research Systems by 8.8% during the second quarter. Vest Financial LLC now owns 125,526 shares of the business services provider’s stock valued at $56,145,000 after purchasing an additional 10,172 shares during the period. PineStone Asset Management Inc. boosted its holdings in FactSet Research Systems by 8.8% in the second quarter. PineStone Asset Management Inc. now owns 380,459 shares of the business services provider’s stock worth $170,172,000 after purchasing an additional 30,881 shares during the last quarter. State of Alaska Department of Revenue grew its position in FactSet Research Systems by 14.1% in the 2nd quarter. State of Alaska Department of Revenue now owns 14,690 shares of the business services provider’s stock worth $6,569,000 after purchasing an additional 1,810 shares during the period. Finally, J. W. Coons Advisors LLC raised its stake in FactSet Research Systems by 139.8% during the 2nd quarter. J. W. Coons Advisors LLC now owns 3,465 shares of the business services provider’s stock valued at $1,550,000 after buying an additional 2,020 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.

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.