Prospera Financial Services Inc Reduces Stock Position in FactSet Research Systems Inc. $FDS

Prospera Financial Services Inc decreased its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 62.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,495 shares of the business services provider’s stock after selling 4,220 shares during the quarter. Prospera Financial Services Inc’s holdings in FactSet Research Systems were worth $716,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of FDS. Vanguard Group Inc. boosted its position in FactSet Research Systems by 0.6% during the second quarter. Vanguard Group Inc. now owns 4,825,198 shares of the business services provider’s stock worth $2,158,215,000 after purchasing an additional 29,844 shares in the last quarter. State Street Corp boosted its position in shares of FactSet Research Systems by 0.8% in the 2nd quarter. State Street Corp now owns 1,937,571 shares of the business services provider’s stock worth $866,637,000 after buying an additional 15,556 shares in the last quarter. Loomis Sayles & Co. L P grew its stake in FactSet Research Systems by 1.6% in the 2nd quarter. Loomis Sayles & Co. L P now owns 1,508,052 shares of the business services provider’s stock valued at $674,522,000 after acquiring an additional 23,900 shares during the last quarter. Ninety One UK Ltd increased its holdings in FactSet Research Systems by 1.2% during the 3rd quarter. Ninety One UK Ltd now owns 1,206,890 shares of the business services provider’s stock valued at $345,762,000 after acquiring an additional 14,256 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in FactSet Research Systems by 2.4% during the 2nd quarter. Geode Capital Management LLC now owns 1,162,256 shares of the business services provider’s stock valued at $518,683,000 after acquiring an additional 27,035 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Analyst Ratings Changes

FDS has been the topic of several research reports. The Goldman Sachs Group lowered their price target on shares of FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating on the stock in a research report on Friday, December 19th. BMO Capital Markets reduced their target price on FactSet Research Systems from $311.00 to $305.00 and set a “market perform” rating on the stock in a research note on Monday, December 22nd. Stifel Nicolaus dropped their price target on 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 cut their price target on FactSet Research Systems from $265.00 to $215.00 and set an “underweight” rating for the company in a report on Wednesday, February 4th. Finally, UBS Group reaffirmed a “buy” rating on shares of FactSet Research Systems in a research note on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, nine have issued a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $308.83.

Insider Buying and Selling

In other 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 transaction of $761,955.00. Following the completion of the sale, the director directly owned 1,037 shares of the company’s stock, valued at $307,211.25. The trade was a 71.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Malcolm Frank sold 2,572 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The shares were 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 $259,920.30. The trade was a 74.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.20% of the company’s stock.

FactSet Research Systems Price Performance

Shares of NYSE:FDS opened at $205.69 on Monday. The company has a market cap of $7.63 billion, a P/E ratio of 13.08, a P/E/G ratio of 1.88 and a beta of 0.73. The business has a fifty day simple moving average of $271.90 and a 200-day simple moving average of $300.22. FactSet Research Systems Inc. has a 52 week low of $190.58 and a 52 week high of $474.79. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.63.

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

FactSet Research Systems Dividend Announcement

The business also recently declared 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. 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 27.99%.

FactSet Research Systems declared that its board has approved a share buyback program on Thursday, December 18th that permits the company to repurchase $600.00 million in shares. This repurchase authorization permits the business services provider to repurchase up to 5.4% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are 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.