Wealthfront Advisers LLC Has $1.89 Million Stake in FactSet Research Systems Inc. $FDS

Wealthfront Advisers LLC boosted its position in FactSet Research Systems Inc. (NYSE:FDS) by 122.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,596 shares of the business services provider’s stock after purchasing an additional 3,634 shares during the period. Wealthfront Advisers LLC’s holdings in FactSet Research Systems were worth $1,890,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of FDS. Jones Financial Companies Lllp increased its stake in shares of FactSet Research Systems by 5.6% in the first quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock valued at $785,000 after buying an additional 91 shares during the period. Empowered Funds LLC lifted its holdings in shares of FactSet Research Systems by 27.6% during the first quarter. Empowered Funds LLC now owns 972 shares of the business services provider’s stock worth $442,000 after purchasing an additional 210 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of FactSet Research Systems by 188.2% in the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock worth $45,000 after purchasing an additional 64 shares during the last quarter. IFP Advisors Inc increased its holdings in FactSet Research Systems by 165.8% in the second quarter. IFP Advisors Inc now owns 420 shares of the business services provider’s stock valued at $189,000 after purchasing an additional 262 shares during the period. Finally, Sequoia Financial Advisors LLC raised its position in FactSet Research Systems by 50.7% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,623 shares of the business services provider’s stock worth $726,000 after purchasing an additional 546 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Stock Performance

NYSE FDS opened at $205.69 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.54 and a current ratio of 1.54. The business’s 50 day moving average price is $271.90 and its 200-day moving average price is $300.99. 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. FactSet Research Systems Inc. has a fifty-two week low of $190.58 and a fifty-two week high of $474.79.

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

FactSet Research Systems announced that its board has authorized a share buyback program on Thursday, December 18th that allows the company to repurchase $600.00 million in shares. This repurchase authorization allows the business services provider to repurchase up to 5.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

FactSet Research Systems Announces Dividend

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 paid a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, February 27th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 27.99%.

Insider Activity

In other news, Director Laurie Siegel sold 2,572 shares of FactSet Research Systems stock in a transaction that occurred 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 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Malcolm Frank sold 2,572 shares of the business’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 value of $760,540.40. Following the completion of the sale, the director owned 879 shares of the company’s stock, 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.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on FDS shares. BMO Capital Markets lowered their price objective on FactSet Research Systems from $311.00 to $305.00 and set a “market perform” rating for the company in a research report on Monday, December 22nd. Wolfe Research reiterated an “underperform” rating and set a $290.00 price objective on shares of FactSet Research Systems in a research report on Friday, November 14th. Wells Fargo & Company cut their price target on shares of FactSet Research Systems from $265.00 to $215.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 4th. Raymond James Financial reissued a “market perform” rating on shares of FactSet Research Systems in a research report on Thursday, December 18th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $305.00 target price on shares of FactSet Research Systems in a research note on Friday, December 19th. One research 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 assigned a Sell rating to the company. According to data from MarketBeat.com, FactSet Research Systems presently has a consensus rating of “Reduce” and an average target price of $308.83.

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.