FactSet Research Systems Inc. $FDS Shares Sold by Tandem Investment Advisors Inc.

Tandem Investment Advisors Inc. cut its stake in FactSet Research Systems Inc. (NYSE:FDSFree Report) by 27.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 146,128 shares of the business services provider’s stock after selling 54,965 shares during the period. Tandem Investment Advisors Inc.’s holdings in FactSet Research Systems were worth $41,864,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of FDS. First Horizon Corp purchased a new position in shares of FactSet Research Systems during the third quarter worth about $25,000. Covestor Ltd boosted its position in shares of FactSet Research Systems by 53.4% in the 3rd quarter. Covestor Ltd now owns 112 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 39 shares during the period. Cullen Frost Bankers Inc. grew its stake 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 buying an additional 86 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its stake in FactSet Research Systems by 178.0% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 139 shares of the business services provider’s stock worth $40,000 after buying an additional 89 shares during the last quarter. Finally, Generali Investments Management Co LLC acquired a new position in FactSet Research Systems during the second quarter worth approximately $42,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Down 6.5%

FDS stock opened at $252.19 on Friday. The stock has a market capitalization of $9.36 billion, a PE ratio of 16.04, a price-to-earnings-growth ratio of 2.46 and a beta of 0.75. The company has a fifty day moving average of $285.65 and a 200-day moving average of $317.86. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.54 and a current ratio of 1.54. FactSet Research Systems Inc. has a one year low of $249.68 and a one year high of $477.92.

FactSet Research Systems (NYSE:FDSGet Free Report) last announced its quarterly earnings data on Thursday, December 18th. The business services provider reported $4.51 EPS for the quarter, beating analysts’ consensus estimates of $4.36 by $0.15. FactSet Research Systems had a net margin of 25.40% and a return on equity of 30.49%. The firm had revenue of $607.62 million during the quarter, compared to the consensus estimate of $599.69 million. During the same quarter last year, the firm earned $4.37 earnings per share. The firm’s revenue was up 6.8% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems declared that its Board of Directors has authorized a stock repurchase program on Thursday, December 18th that authorizes the company to buyback $600.00 million in outstanding shares. This buyback authorization authorizes the business services provider to repurchase up to 5.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

FactSet Research Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Friday, November 28th were paid a $1.10 dividend. The ex-dividend date was Friday, November 28th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.7%. FactSet Research Systems’s payout ratio is 27.99%.

Insider Buying and Selling

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 transaction of $760,540.40. Following the sale, the director directly owned 879 shares in the company, valued at approximately $259,920.30. The trade was a 74.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Goran Skoko purchased 500 shares of the stock in a transaction dated Thursday, November 6th. The shares were bought at an average cost of $252.93 per share, for a total transaction of $126,465.00. Following the completion of the purchase, the executive vice president owned 9,192 shares in the company, valued at approximately $2,324,932.56. This trade represents a 5.75% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on FDS. Wolfe Research reissued an “underperform” rating and issued a $290.00 price objective on shares of FactSet Research Systems in a report on Friday, November 14th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $320.00 price target on shares of FactSet Research Systems in a research note on Friday, December 19th. The Goldman Sachs Group reduced their target price on shares of FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating for the company in a report on Friday, December 19th. Huber Research upgraded shares of FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, December 19th. Finally, Zacks Research upgraded FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have issued a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $313.00.

Read Our Latest Stock Analysis on FDS

FactSet Research Systems Profile

(Free Report)

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.

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

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