Distillate Capital Partners LLC Invests $14.26 Million in FactSet Research Systems Inc. $FDS

Distillate Capital Partners LLC bought a new position in FactSet Research Systems Inc. (NYSE:FDS) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 49,789 shares of the business services provider’s stock, valued at approximately $14,264,000.

A number of other institutional investors have also added to or reduced their stakes in the company. First Horizon Corp purchased a new stake in FactSet Research Systems during the third quarter valued at about $25,000. Generali Investments Management Co LLC purchased a new position in shares of FactSet Research Systems in the 2nd quarter worth about $42,000. Winnow Wealth LLC bought a new position in shares of FactSet Research Systems during the 3rd quarter valued at about $28,000. Geneos Wealth Management Inc. increased its position in shares of FactSet Research Systems by 188.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 64 shares during the last quarter. Finally, CYBER HORNET ETFs LLC bought a new position in shares of FactSet Research Systems during the 2nd quarter valued at about $45,000. Institutional investors own 91.24% of the company’s stock.

Insiders Place Their Bets

In other FactSet Research Systems news, Director Malcolm Frank sold 2,572 shares of the firm’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $295.70, for a total value of $760,540.40. Following the sale, the director owned 879 shares of the company’s stock, valued at $259,920.30. This trade represents a 74.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Laurie Siegel sold 2,572 shares of the business’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $296.25, for a total transaction 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 position. The SEC filing for this sale provides additional information. 1.20% of the stock is owned by company insiders.

FactSet Research Systems Price Performance

FDS opened at $205.69 on Monday. 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 stock’s 50 day simple moving average is $239.75 and its 200 day simple moving average is $275.88. The firm has a market cap of $7.63 billion, a price-to-earnings ratio of 13.08, a PEG ratio of 2.12 and a beta of 0.75. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $474.79.

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

FactSet Research Systems declared that its board has approved a share repurchase 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 shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

FactSet Research Systems Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.40 annualized dividend and a yield of 2.1%. FactSet Research Systems’s dividend payout ratio is presently 27.99%.

Analyst Ratings Changes

FDS has been the subject of a number of recent research reports. Barclays dropped their target price on FactSet Research Systems from $300.00 to $210.00 and set an “underweight” rating for the company in a research report on Monday, February 23rd. Stifel Nicolaus decreased their price target on shares of FactSet Research Systems from $372.00 to $295.00 and set a “hold” rating on the stock in a research note on Friday, December 19th. Bank of America initiated coverage on shares of FactSet Research Systems in a research note on Tuesday, February 17th. They issued an “underperform” rating and a $195.00 price objective for the company. Morgan Stanley set a $307.00 price objective on shares of FactSet Research Systems and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $320.00 target price on shares of FactSet Research Systems in a report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned 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 currently has a consensus rating of “Reduce” and an average target price of $291.62.

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.