FactSet Research Systems Inc. $FDS Shares Sold by PFG Advisors

PFG Advisors lessened its stake in FactSet Research Systems Inc. (NYSE:FDS) by 97.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 5,173 shares of the business services provider’s stock after selling 186,827 shares during the quarter. PFG Advisors’ holdings in FactSet Research Systems were worth $1,482,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Running Oak Capital LLC raised its position in shares of FactSet Research Systems by 14.0% during the 3rd quarter. Running Oak Capital LLC now owns 41,335 shares of the business services provider’s stock worth $11,842,000 after purchasing an additional 5,072 shares during the last quarter. Nuance Investments LLC acquired a new stake in FactSet Research Systems in the 3rd quarter worth about $2,733,000. Financial Strategies Group Inc. acquired a new stake in FactSet Research Systems in the 3rd quarter worth about $7,920,000. Fiera Capital Corp increased its stake in FactSet Research Systems by 5.3% during the 3rd quarter. Fiera Capital Corp now owns 280,187 shares of the business services provider’s stock worth $80,271,000 after buying an additional 14,133 shares in the last quarter. Finally, Mcdonald Capital Investors Inc. CA acquired a new position in shares of FactSet Research Systems during the third quarter valued at approximately $28,320,000. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FDS has been the topic of several research reports. Evercore raised their target price on FactSet Research Systems from $320.00 to $321.00 and gave the company an “in-line” rating in a research report on Thursday, January 8th. Bank of America started coverage on FactSet Research Systems in a research report on Tuesday, February 17th. They set an “underperform” rating and a $195.00 price target for the company. Zacks Research raised FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Weiss Ratings restated a “sell (d+)” rating on shares of FactSet Research Systems in a report on Monday, December 29th. Finally, Wells Fargo & Company lowered their target price on shares of FactSet Research Systems from $215.00 to $195.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have given a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, FactSet Research Systems presently has a consensus rating of “Reduce” and a consensus price target of $291.62.

Insider Buying and Selling

In other FactSet Research Systems news, Director Laurie Siegel sold 2,572 shares of FactSet Research Systems stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $296.25, for a total value of $761,955.00. Following the sale, the director owned 1,037 shares in the company, valued at $307,211.25. The trade was a 71.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Malcolm Frank sold 2,572 shares of the company’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 transaction, the director directly owned 879 shares in the company, valued at approximately $259,920.30. This trade represents a 74.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.20% of the company’s stock.

FactSet Research Systems Price Performance

FactSet Research Systems stock opened at $212.08 on Wednesday. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.63. The company has a 50-day moving average price of $244.75 and a 200 day moving average price of $279.61. FactSet Research Systems Inc. has a 12-month low of $185.00 and a 12-month high of $474.79. The stock has a market cap of $7.87 billion, a P/E ratio of 13.49, a PEG ratio of 2.28 and a beta of 0.75.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Thursday, December 18th. The business services provider reported $4.51 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $607.62 million for the quarter, compared to analyst estimates of $599.69 million. During the same period in the previous year, the business posted $4.37 EPS. FactSet Research Systems’s 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. Sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

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

FactSet Research Systems announced that its Board of Directors has initiated a share repurchase program on Thursday, December 18th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the business services provider to purchase up to 5.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

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.