SG Americas Securities LLC Trims Stock Holdings in FactSet Research Systems Inc. $FDS

SG Americas Securities LLC decreased its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 30.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,795 shares of the business services provider’s stock after selling 2,145 shares during the quarter. SG Americas Securities LLC’s holdings in FactSet Research Systems were worth $1,374,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. West Bancorporation Inc. bought a new stake in shares of FactSet Research Systems during the 3rd quarter valued at $267,000. Absher Wealth Management LLC bought a new stake in shares of FactSet Research Systems during the third quarter valued at about $291,000. Milestone Asset Management Group LLC purchased a new stake in shares of FactSet Research Systems in the third quarter worth about $550,000. Robeco Institutional Asset Management B.V. boosted its position in shares of FactSet Research Systems by 54.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 5,454 shares of the business services provider’s stock valued at $1,563,000 after acquiring an additional 1,915 shares during the period. Finally, D.A. Davidson & CO. grew its stake in FactSet Research Systems by 4.8% during the third quarter. D.A. Davidson & CO. now owns 1,173 shares of the business services provider’s stock valued at $336,000 after acquiring an additional 54 shares in the last quarter. 91.24% of the stock is owned by institutional investors.

FactSet Research Systems Trading Down 0.2%

NYSE FDS opened at $289.12 on Friday. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.63. The stock’s 50-day simple moving average is $284.51 and its two-hundred day simple moving average is $328.47. FactSet Research Systems Inc. has a twelve month low of $250.50 and a twelve month high of $477.92. The company has a market capitalization of $10.73 billion, a price-to-earnings ratio of 18.39, a PEG ratio of 2.64 and a beta of 0.75.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data 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. The firm 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%.The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the business earned $4.37 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Research analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems announced that its Board of Directors has authorized a stock repurchase plan on Thursday, December 18th that authorizes the company to buyback $600.00 million in shares. This buyback authorization authorizes the business services provider to purchase up to 5.4% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

FactSet Research Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Friday, November 28th were paid a dividend of $1.10 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a $4.40 annualized dividend and a dividend yield of 1.5%. FactSet Research Systems’s dividend payout ratio (DPR) is 27.99%.

Insider Transactions at FactSet Research Systems

In other FactSet Research Systems news, Director Malcolm Frank sold 2,572 shares of the business’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 completion of the sale, the director directly owned 879 shares of the company’s stock, valued at $259,920.30. The trade was a 74.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Laurie Siegel sold 2,572 shares of the company’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 sale, the director owned 1,037 shares of the company’s stock, valued at approximately $307,211.25. The trade was a 71.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Huber Research raised shares of FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a report on Friday, December 19th. UBS Group reissued a “buy” rating on shares of FactSet Research Systems in a research note on Friday, December 19th. Wolfe Research restated an “underperform” rating and set a $290.00 target price on shares of FactSet Research Systems in a research report on Friday, November 14th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $320.00 price target on shares of FactSet Research Systems in a report on Friday, December 19th. Finally, Raymond James Financial reissued a “market perform” rating on shares of FactSet Research Systems in a report on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $313.00.

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.