FactSet Research Systems Inc. $FDS Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 2.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 4,932,382 shares of the business services provider’s stock after buying an additional 107,184 shares during the quarter. Vanguard Group Inc. owned approximately 0.13% of FactSet Research Systems worth $1,413,078,000 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 business. Fifth Third Bancorp raised its holdings in FactSet Research Systems by 26.7% in the 3rd quarter. Fifth Third Bancorp now owns 1,843 shares of the business services provider’s stock valued at $528,000 after acquiring an additional 388 shares during the last quarter. Amica Mutual Insurance Co. purchased a new stake in shares of FactSet Research Systems in the third quarter valued at approximately $182,000. State of New Jersey Common Pension Fund D increased its holdings in shares of FactSet Research Systems by 1.8% in the third quarter. State of New Jersey Common Pension Fund D now owns 12,158 shares of the business services provider’s stock valued at $3,483,000 after purchasing an additional 219 shares during the last quarter. Aberdeen Group plc lifted its position in FactSet Research Systems by 0.9% during the third quarter. Aberdeen Group plc now owns 34,911 shares of the business services provider’s stock worth $9,966,000 after buying an additional 316 shares in the last quarter. Finally, Lafayette Investments Inc. boosted its stake in FactSet Research Systems by 255.7% during the third quarter. Lafayette Investments Inc. now owns 3,240 shares of the business services provider’s stock worth $928,000 after buying an additional 2,329 shares during the last quarter. 91.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on FDS. BMO Capital Markets cut their target price on FactSet Research Systems from $311.00 to $305.00 and set a “market perform” rating for the company in a research note on Monday, December 22nd. Stifel Nicolaus cut their price objective on shares of FactSet Research Systems from $372.00 to $295.00 and set a “hold” rating for the company in a research report on Friday, December 19th. Wells Fargo & Company reduced their target price on shares of FactSet Research Systems from $215.00 to $195.00 and set an “underweight” rating on the stock in a research note on Tuesday. Raymond James Financial reissued a “market perform” rating on shares of FactSet Research Systems in a research note on Thursday, December 18th. Finally, Evercore lifted their price target on shares of FactSet Research Systems from $320.00 to $321.00 and gave the company an “in-line” rating in a research report on Thursday, January 8th. One 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’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $298.54.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, Director Laurie Siegel sold 2,572 shares of the business’s stock in a transaction 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 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 transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Malcolm Frank sold 2,572 shares of the stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $295.70, for a total value of $760,540.40. Following the completion of the sale, the director directly owned 879 shares in the company, valued at $259,920.30. This represents a 74.53% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.20% of the stock is owned by corporate insiders.

FactSet Research Systems Trading Down 1.9%

Shares of NYSE FDS opened at $195.06 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 stock has a market capitalization of $7.24 billion, a PE ratio of 12.41, a PEG ratio of 2.05 and a beta of 0.73. FactSet Research Systems Inc. has a twelve month low of $185.00 and a twelve month high of $474.79. The stock has a fifty day simple moving average of $262.72 and a 200-day simple moving average of $294.64.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Thursday, December 18th. The business services provider reported $4.51 EPS for the quarter, beating analysts’ consensus estimates of $4.36 by $0.15. The company had revenue of $607.62 million during the quarter, compared to analysts’ expectations of $599.69 million. FactSet Research Systems had a return on equity of 30.49% and a net margin of 25.40%.FactSet Research Systems’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period last year, the business posted $4.37 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, equities analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 27th will be issued a $1.10 dividend. The ex-dividend date is Friday, February 27th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.3%. FactSet Research Systems’s payout ratio is 27.99%.

FactSet Research Systems declared that its Board of Directors has initiated a stock repurchase program on Thursday, December 18th that permits the company to buyback $600.00 million in outstanding 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 an indication that the company’s board believes its stock is undervalued.

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.