Naples Global Advisors LLC Increases Stock Position in FactSet Research Systems Inc. $FDS

Naples Global Advisors LLC boosted its position in FactSet Research Systems Inc. (NYSE:FDS) by 48.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,708 shares of the business services provider’s stock after acquiring an additional 2,181 shares during the period. Naples Global Advisors LLC’s holdings in FactSet Research Systems were worth $1,922,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Atlas Legacy Advisors LLC boosted its holdings in shares of FactSet Research Systems by 23.7% during the third quarter. Atlas Legacy Advisors LLC now owns 855 shares of the business services provider’s stock worth $245,000 after purchasing an additional 164 shares during the period. Covestor Ltd raised its position in FactSet Research Systems by 53.4% during the 3rd quarter. Covestor Ltd now owns 112 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 39 shares during the last quarter. Andina Capital Management LLC raised its position in FactSet Research Systems by 22.9% during the 3rd quarter. Andina Capital Management LLC now owns 1,186 shares of the business services provider’s stock valued at $340,000 after purchasing an additional 221 shares during the last quarter. Rakuten Investment Management Inc. purchased a new stake in FactSet Research Systems in the 3rd quarter worth approximately $4,033,000. Finally, Vest Financial LLC grew its position in shares of FactSet Research Systems by 3.6% in the 3rd quarter. Vest Financial LLC now owns 130,100 shares of the business services provider’s stock worth $37,272,000 after buying an additional 4,574 shares during the last quarter. 91.24% of the stock is owned by institutional investors.

Insider Transactions at FactSet Research Systems

In related news, EVP Goran Skoko acquired 500 shares of the stock in a transaction on Thursday, November 6th. The stock was acquired at an average price of $252.93 per share, for a total transaction of $126,465.00. Following the completion of the purchase, the executive vice president owned 9,192 shares of the company’s stock, valued at $2,324,932.56. This represents a 5.75% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Laurie Siegel sold 2,572 shares of the business’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $296.25, for a total value of $761,955.00. Following the completion of the sale, the director directly owned 1,037 shares in the company, valued at $307,211.25. This trade represents a 71.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.20% of the company’s stock.

Analyst Ratings Changes

FDS has been the subject of a number of recent analyst reports. Royal Bank Of Canada restated a “sector perform” rating and set a $320.00 target price on shares of FactSet Research Systems in a report on Friday, December 19th. Wolfe Research reiterated an “underperform” rating and issued a $290.00 price target on shares of FactSet Research Systems in a report on Friday, November 14th. Morgan Stanley set a $307.00 price objective on shares of FactSet Research Systems and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of FactSet Research Systems in a research report on Monday, December 29th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of FactSet Research Systems in a research note on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $313.00.

FactSet Research Systems Price Performance

FDS opened at $286.36 on Friday. 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 company has a market cap of $10.62 billion, a price-to-earnings ratio of 18.22, a price-to-earnings-growth ratio of 2.63 and a beta of 0.75. The stock has a fifty day simple moving average of $285.83 and a two-hundred day simple moving average of $322.81. FactSet Research Systems Inc. has a 12-month low of $250.50 and a 12-month high of $477.92.

FactSet Research Systems (NYSE:FDS) last released 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. The firm had revenue of $607.62 million for the quarter, compared to the consensus estimate of $599.69 million. FactSet Research Systems had a net margin of 25.40% and a return on equity of 30.49%. The company’s revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.37 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Research analysts predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

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

FactSet Research Systems declared that its Board of Directors has initiated a share buyback program 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 buy up to 5.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its stock is undervalued.

About FactSet Research Systems

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.