FactSet Research Systems Inc. $FDS Shares Bought by Naples Global Advisors LLC

Naples Global Advisors LLC raised its holdings in FactSet Research Systems Inc. (NYSE:FDSFree Report) by 6.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,527 shares of the business services provider’s stock after acquiring an additional 259 shares during the quarter. Naples Global Advisors LLC’s holdings in FactSet Research Systems were worth $2,025,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of FactSet Research Systems by 3.0% during the 1st quarter. Vanguard Group Inc. now owns 4,795,354 shares of the business services provider’s stock worth $2,180,160,000 after buying an additional 137,874 shares during the last quarter. Nuveen LLC acquired a new position in shares of FactSet Research Systems during the 1st quarter worth $54,148,000. Vest Financial LLC acquired a new position in shares of FactSet Research Systems during the 1st quarter worth $52,445,000. Millennium Management LLC raised its stake in shares of FactSet Research Systems by 58.6% during the 1st quarter. Millennium Management LLC now owns 110,409 shares of the business services provider’s stock worth $50,196,000 after buying an additional 40,800 shares during the last quarter. Finally, Woodline Partners LP raised its stake in shares of FactSet Research Systems by 1,560.4% during the 1st quarter. Woodline Partners LP now owns 37,891 shares of the business services provider’s stock worth $17,227,000 after buying an additional 35,609 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Down 1.7%

FDS opened at $281.98 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.40 and a quick ratio of 1.47. The stock has a market capitalization of $10.66 billion, a price-to-earnings ratio of 18.13, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. The business has a 50-day moving average of $358.98 and a two-hundred day moving average of $410.73. FactSet Research Systems Inc. has a 12 month low of $280.20 and a 12 month high of $499.87.

FactSet Research Systems (NYSE:FDSGet Free Report) last posted its quarterly earnings results on Thursday, September 18th. The business services provider reported $4.05 EPS for the quarter, missing the consensus estimate of $4.13 by ($0.08). The business had revenue of $596.90 million during the quarter, compared to analysts’ expectations of $593.32 million. FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm earned $3.74 EPS. 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 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Friday, August 29th were issued a $1.10 dividend. The ex-dividend date was Friday, August 29th. This represents a $4.40 annualized dividend and a yield of 1.6%. FactSet Research Systems’s payout ratio is 28.30%.

Insiders Place Their Bets

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 2,500 shares of FactSet Research Systems stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $442.60, for a total value of $1,106,500.00. Following the completion of the sale, the chief accounting officer owned 44 shares in the company, valued at $19,474.40. The trade was a 98.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director James J. Mcgonigle sold 2,925 shares of the business’s stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $451.39, for a total value of $1,320,315.75. Following the sale, the director owned 4,461 shares of the company’s stock, valued at $2,013,650.79. The trade was a 39.60% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,031 shares of company stock worth $5,825,481 over the last 90 days. Corporate insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on FDS. Rothschild & Co Redburn raised FactSet Research Systems from a “sell” rating to a “neutral” rating and cut their price target for the stock from $415.00 to $370.00 in a research note on Friday, September 12th. Raymond James Financial raised FactSet Research Systems from an “underperform” rating to a “market perform” rating in a research note on Thursday, June 26th. Stifel Nicolaus cut their target price on shares of FactSet Research Systems from $464.00 to $372.00 and set a “hold” rating for the company in a research note on Friday, September 19th. Wells Fargo & Company cut their target price on shares of FactSet Research Systems from $355.00 to $296.00 and set an “underweight” rating for the company in a research note on Friday, September 19th. Finally, BMO Capital Markets cut their target price on shares of FactSet Research Systems from $452.00 to $324.00 and set a “market perform” rating for the company in a research note on Friday, September 19th. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, FactSet Research Systems presently has an average rating of “Reduce” and an average price target of $359.10.

Read Our Latest Research Report on FactSet Research Systems

FactSet Research Systems Profile

(Free Report)

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.

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Institutional Ownership by Quarter for FactSet Research Systems (NYSE:FDS)

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