JPMorgan Chase & Co. Sells 281,332 Shares of FactSet Research Systems Inc. $FDS

JPMorgan Chase & Co. lowered its stake in FactSet Research Systems Inc. (NYSE:FDS) by 67.2% in the third quarter, HoldingsChannel.com reports. The firm owned 137,408 shares of the business services provider’s stock after selling 281,332 shares during the quarter. JPMorgan Chase & Co.’s holdings in FactSet Research Systems were worth $39,366,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. State of New Jersey Common Pension Fund D increased its stake in shares of FactSet Research Systems by 1.8% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 12,158 shares of the business services provider’s stock valued at $3,483,000 after buying an additional 219 shares during the period. Aberdeen Group plc lifted its stake in shares of FactSet Research Systems by 0.9% during the third quarter. Aberdeen Group plc now owns 34,911 shares of the business services provider’s stock valued at $9,966,000 after acquiring an additional 316 shares during the period. Lafayette Investments Inc. boosted its holdings in FactSet Research Systems by 255.7% in the third quarter. Lafayette Investments Inc. now owns 3,240 shares of the business services provider’s stock valued at $928,000 after acquiring an additional 2,329 shares during the last quarter. Metis Global Partners LLC increased its position in FactSet Research Systems by 5.0% in the third quarter. Metis Global Partners LLC now owns 3,193 shares of the business services provider’s stock worth $915,000 after purchasing an additional 153 shares during the period. Finally, Public Sector Pension Investment Board increased its position in FactSet Research Systems by 4.6% in the third quarter. Public Sector Pension Investment Board now owns 8,153 shares of the business services provider’s stock worth $2,336,000 after purchasing an additional 361 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

Analyst Ratings Changes

FDS has been the topic of several recent research reports. Raymond James Financial reaffirmed a “market perform” rating on shares of FactSet Research Systems in a research note on Thursday, December 18th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of FactSet Research Systems in a research note on Monday, December 29th. 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. The Goldman Sachs Group cut their price target on FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating on the stock in a research note on Friday, December 19th. Finally, Evercore raised their price target on FactSet Research Systems from $320.00 to $321.00 and gave the stock an “in-line” rating in a research report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have assigned a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $291.62.

FactSet Research Systems Trading Up 3.6%

Shares of NYSE FDS opened at $214.16 on Friday. FactSet Research Systems Inc. has a twelve month low of $185.00 and a twelve month high of $474.79. The stock has a market cap of $7.95 billion, a price-to-earnings ratio of 13.62, a P/E/G ratio of 2.13 and a beta of 0.73. 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 company’s fifty day moving average is $255.88 and its 200-day moving average is $289.53.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Thursday, December 18th. The business services provider reported $4.51 EPS for the quarter, topping the consensus estimate 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 business had revenue of $607.62 million for the quarter, compared to the consensus estimate of $599.69 million. During the same quarter last year, the business posted $4.37 EPS. 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. Equities research analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, February 27th will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, February 27th. FactSet Research Systems’s dividend payout ratio is 27.99%.

FactSet Research Systems announced that its Board of Directors has initiated a share buyback plan on Thursday, December 18th that permits the company to repurchase $600.00 million in outstanding shares. This repurchase authorization permits the business services provider to buy up to 5.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling at FactSet Research Systems

In related news, Director Laurie Siegel sold 2,572 shares of the firm’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 sale, the director directly owned 1,037 shares in the company, valued at $307,211.25. This trade represents a 71.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Malcolm Frank sold 2,572 shares of the company’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $295.70, for a total transaction of $760,540.40. Following the completion of the transaction, the director directly owned 879 shares of the company’s stock, valued at approximately $259,920.30. The trade was a 74.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.20% of the stock is owned by corporate insiders.

FactSet Research Systems Company 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.