FactSet Research Systems Inc. (NYSE:FDS) Short Interest Update

FactSet Research Systems Inc. (NYSE:FDS) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 2,299,198 shares, a growth of 27.6% from the January 15th total of 1,801,249 shares. Based on an average daily volume of 683,299 shares, the days-to-cover ratio is presently 3.4 days. Approximately 6.3% of the company’s stock are sold short. Approximately 6.3% of the company’s stock are sold short. Based on an average daily volume of 683,299 shares, the days-to-cover ratio is presently 3.4 days.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, Director Malcolm Frank sold 2,572 shares of the stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $295.70, for a total transaction of $760,540.40. Following the completion of the transaction, the director owned 879 shares in the company, valued at approximately $259,920.30. This represents a 74.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Laurie Siegel sold 2,572 shares of FactSet Research Systems stock in a transaction dated 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 sale, the director directly owned 1,037 shares in the company, valued at $307,211.25. This represents a 71.27% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Cullen Frost Bankers Inc. grew its position in FactSet Research Systems by 4,300.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 88 shares of the business services provider’s stock worth $39,000 after acquiring an additional 86 shares during the last quarter. First Horizon Corp acquired a new position in shares of FactSet Research Systems in the third quarter valued at approximately $25,000. Cromwell Holdings LLC bought a new position in FactSet Research Systems in the 4th quarter valued at approximately $26,000. WPG Advisers LLC boosted its position in FactSet Research Systems by 76.9% during the 4th quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock worth $27,000 after buying an additional 40 shares during the period. Finally, Generali Investments Management Co LLC acquired a new position in FactSet Research Systems in the 2nd quarter valued at approximately $42,000. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FDS has been the subject of a number of recent research reports. Jefferies Financial Group reaffirmed a “hold” rating and set a $305.00 price target on shares of FactSet Research Systems in a research report on Friday, December 19th. Wolfe Research reaffirmed an “underperform” rating and issued a $290.00 price objective on shares of FactSet Research Systems in a research report on Friday, November 14th. BMO Capital Markets reduced their target price on shares of 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 restated a “market perform” rating on shares of FactSet Research Systems in a research note on Thursday, December 18th. Finally, Morgan Stanley set a $307.00 price target on shares of FactSet Research Systems and gave the stock an “equal weight” rating in a research report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $308.83.

FactSet Research Systems Price Performance

FDS traded up $3.74 during trading on Monday, hitting $205.69. 920,710 shares of the stock traded hands, compared to its average volume of 1,105,607. The business has a 50 day moving average price of $271.90 and a 200 day moving average price of $300.22. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.54 and a quick ratio of 1.54. FactSet Research Systems has a twelve month low of $190.58 and a twelve month high of $474.79. The company has a market cap of $7.63 billion, a price-to-earnings ratio of 13.08, a PEG ratio of 1.88 and a beta of 0.73.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Thursday, December 18th. The business services provider reported $4.51 EPS for the quarter, topping 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 was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.37 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Equities research analysts forecast that FactSet Research Systems will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems declared that its Board of Directors has approved a stock buyback plan on Thursday, December 18th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the business services provider to buy up to 5.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its shares are undervalued.

FactSet Research Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 27th will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, February 27th. FactSet Research Systems’s dividend payout ratio is currently 27.99%.

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.