FactSet Research Systems Inc. $FDS Shares Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd raised its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 1,605.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 81,075 shares of the business services provider’s stock after purchasing an additional 76,322 shares during the period. FactSet Research Systems comprises approximately 0.6% of Y Intercept Hong Kong Ltd’s holdings, making the stock its 10th largest holding. Y Intercept Hong Kong Ltd’s holdings in FactSet Research Systems were worth $23,227,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in FDS. ORG Partners LLC increased its stake in shares of FactSet Research Systems by 13.9% in the second quarter. ORG Partners LLC now owns 205 shares of the business services provider’s stock worth $93,000 after buying an additional 25 shares during the last quarter. Valmark Advisers Inc. increased its position in shares of FactSet Research Systems by 1.3% in the 2nd quarter. Valmark Advisers Inc. now owns 1,970 shares of the business services provider’s stock worth $881,000 after purchasing an additional 26 shares during the last quarter. Huntington National Bank increased its position in shares of FactSet Research Systems by 10.0% in the 2nd quarter. Huntington National Bank now owns 320 shares of the business services provider’s stock worth $143,000 after purchasing an additional 29 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in shares of FactSet Research Systems by 0.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider’s stock valued at $3,071,000 after purchasing an additional 30 shares in the last quarter. Finally, Claret Asset Management Corp lifted its position in shares of FactSet Research Systems by 7.0% during the second quarter. Claret Asset Management Corp now owns 532 shares of the business services provider’s stock worth $238,000 after purchasing an additional 35 shares during the last quarter. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at FactSet Research Systems

In related news, Director Malcolm Frank sold 2,572 shares of the firm’s 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 sale, the director directly owned 879 shares in the company, valued at $259,920.30. This trade represents a 74.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Goran Skoko bought 500 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were 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 directly owned 9,192 shares in the company, valued at $2,324,932.56. This represents a 5.75% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.20% of the stock is owned by company insiders.

FactSet Research Systems Price Performance

Shares of NYSE FDS opened at $286.36 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.54 and a quick ratio of 1.54. The firm has a market capitalization of $10.62 billion, a PE ratio of 18.22, a P/E/G ratio of 2.63 and a beta of 0.75. FactSet Research Systems Inc. has a 1-year low of $250.50 and a 1-year high of $477.92. The business’s fifty day moving average price is $285.83 and its two-hundred day moving average price is $322.81.

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 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 company had revenue of $607.62 million during the quarter, compared to the consensus estimate of $599.69 million. During the same quarter in the previous year, the company posted $4.37 earnings per share. The company’s revenue for the quarter 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. On average, research analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems declared that its Board of Directors has approved a share repurchase plan on Thursday, December 18th that allows the company to buyback $600.00 million in outstanding shares. This buyback authorization allows the business services provider to purchase up to 5.4% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

FactSet Research Systems Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on FDS. BMO Capital Markets lowered their price objective on FactSet Research Systems from $311.00 to $305.00 and set a “market perform” rating for the company in a report on Monday, December 22nd. Raymond James Financial reissued a “market perform” rating on shares of FactSet Research Systems in a research report on Thursday, December 18th. Royal Bank Of Canada restated a “sector perform” rating and set a $320.00 price objective on shares of FactSet Research Systems in a research note on Friday, December 19th. The Goldman Sachs Group lowered their target price on shares of FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating for the company in a research note on Friday, December 19th. Finally, UBS Group restated a “buy” rating on shares of FactSet Research Systems 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 issued a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, FactSet Research Systems presently has an average rating of “Reduce” and a consensus price target 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.