Pacific Point Advisors LLC lifted its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 6.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 3,237 shares of the business services provider’s stock after buying an additional 195 shares during the period. Pacific Point Advisors LLC’s holdings in FactSet Research Systems were worth $1,448,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Fifth Third Bancorp boosted its holdings in FactSet Research Systems by 1.6% in the 1st quarter. Fifth Third Bancorp now owns 1,470 shares of the business services provider’s stock valued at $668,000 after purchasing an additional 23 shares during the last quarter. Birch Capital Management LLC raised its position in shares of FactSet Research Systems by 0.3% during the 1st quarter. Birch Capital Management LLC now owns 8,611 shares of the business services provider’s stock valued at $3,915,000 after buying an additional 25 shares during the period. Alps Advisors Inc. raised its position in shares of FactSet Research Systems by 3.1% during the 1st quarter. Alps Advisors Inc. now owns 822 shares of the business services provider’s stock valued at $374,000 after buying an additional 25 shares during the period. Integrated Investment Consultants LLC lifted its holdings in FactSet Research Systems by 0.8% in the first quarter. Integrated Investment Consultants LLC now owns 3,056 shares of the business services provider’s stock valued at $1,389,000 after acquiring an additional 25 shares during the last quarter. Finally, Horizon Investments LLC grew its position in FactSet Research Systems by 4.8% in the first quarter. Horizon Investments LLC now owns 544 shares of the business services provider’s stock worth $247,000 after acquiring an additional 25 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.
Insider Buying and Selling
In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 2,500 shares of the 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 sale, the chief accounting officer owned 44 shares of the company’s stock, valued at $19,474.40. This trade represents a 98.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Christopher Mcloughlin acquired 338 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The stock was bought at an average price of $296.19 per share, with a total value of $100,112.22. Following the purchase, the insider directly owned 3,446 shares in the company, valued at approximately $1,020,670.74. This trade represents a 10.88% increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 13,031 shares of company stock worth $5,825,481 over the last ninety days. Insiders own 1.10% of the company’s stock.
FactSet Research Systems Stock Down 1.6%
FactSet Research Systems (NYSE:FDS – Get Free Report) last posted its quarterly earnings data 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). FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The business had revenue of $596.90 million during the quarter, compared to analysts’ expectations of $593.32 million. During the same period in the previous year, the business posted $3.74 EPS. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Analysts predict that FactSet Research Systems Inc. will post 17.21 EPS 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 paid a $1.10 dividend. The ex-dividend date was Friday, August 29th. This represents a $4.40 annualized dividend and a dividend yield of 1.5%. FactSet Research Systems’s payout ratio is 28.30%.
Analyst Ratings Changes
A number of equities research analysts have commented on FDS shares. Evercore ISI reduced their target price on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating on the stock in a research report on Friday, September 19th. Barclays reduced their price objective on shares of FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating on the stock in a report on Friday, September 19th. Rothschild & Co Redburn raised shares of FactSet Research Systems from a “sell” rating to a “neutral” rating and lowered their target price for the stock from $415.00 to $370.00 in a research note on Friday, September 12th. Stifel Nicolaus dropped their price target on shares of FactSet Research Systems from $464.00 to $372.00 and set a “hold” rating for the company in a research report on Friday, September 19th. Finally, UBS Group raised shares of FactSet Research Systems from a “neutral” rating to a “buy” rating and reduced their price target for the company from $480.00 to $425.00 in a research note on Monday, September 22nd. One investment analyst has rated the stock with a Buy rating, seven have issued a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $359.10.
Read Our Latest Report on FactSet Research Systems
FactSet Research Systems Company Profile
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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