Guardian Wealth Advisors LLC Takes $223,000 Position in FactSet Research Systems Inc. $FDS

Guardian Wealth Advisors LLC acquired a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 499 shares of the business services provider’s stock, valued at approximately $223,000.

Other institutional investors have also added to or reduced their stakes in the company. Truist Financial Corp raised its holdings in FactSet Research Systems by 0.5% during the 2nd quarter. Truist Financial Corp now owns 22,313 shares of the business services provider’s stock worth $9,980,000 after purchasing an additional 114 shares during the last quarter. Vest Financial LLC increased its position in shares of FactSet Research Systems by 8.8% during the second quarter. Vest Financial LLC now owns 125,526 shares of the business services provider’s stock worth $56,145,000 after buying an additional 10,172 shares during the period. Crossmark Global Holdings Inc. increased its position in shares of FactSet Research Systems by 4.9% during the first quarter. Crossmark Global Holdings Inc. now owns 809 shares of the business services provider’s stock worth $368,000 after buying an additional 38 shares during the period. PineStone Asset Management Inc. lifted its holdings in FactSet Research Systems by 8.8% in the second quarter. PineStone Asset Management Inc. now owns 380,459 shares of the business services provider’s stock valued at $170,172,000 after buying an additional 30,881 shares during the period. Finally, State of Alaska Department of Revenue lifted its holdings in FactSet Research Systems by 14.1% in the second quarter. State of Alaska Department of Revenue now owns 14,690 shares of the business services provider’s stock valued at $6,569,000 after buying an additional 1,810 shares during the period. 91.24% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on FDS. Rothschild & Co Redburn upgraded FactSet Research Systems from a “sell” rating to a “neutral” rating and decreased their price target for the stock from $415.00 to $370.00 in a report on Friday, September 12th. Evercore ISI lowered their target price on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating for the company in a report on Friday, September 19th. Stifel Nicolaus dropped their price target on FactSet Research Systems from $464.00 to $372.00 and set a “hold” rating on the stock in a research note on Friday, September 19th. Barclays reduced their price objective on shares of FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating for the company in a research report on Friday, September 19th. Finally, UBS Group upgraded shares of FactSet Research Systems from a “neutral” rating to a “buy” rating and dropped their target price for the company from $480.00 to $425.00 in a research report on Monday, September 22nd. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $356.78.

Insider Activity

In other news, EVP Helen L. Shan bought 370 shares of the company’s stock in a transaction on Monday, October 6th. The shares were purchased at an average price of $275.48 per share, with a total value of $101,927.60. Following the transaction, the executive vice president directly owned 9,284 shares in the company, valued at $2,557,556.32. This represents a 4.15% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Christopher Mcloughlin bought 338 shares of FactSet Research Systems stock in a transaction dated Tuesday, September 23rd. The stock was acquired at an average cost of $296.19 per share, with a total value of $100,112.22. Following the completion of the acquisition, the insider owned 3,446 shares of the company’s stock, valued at $1,020,670.74. This represents a 10.88% increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 1.10% of the company’s stock.

FactSet Research Systems Stock Down 0.6%

Shares of NYSE FDS opened at $285.26 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.40 and a quick ratio of 1.47. The company has a 50-day moving average price of $324.63 and a 200-day moving average price of $393.97. The stock has a market capitalization of $10.69 billion, a P/E ratio of 18.34, a P/E/G ratio of 2.92 and a beta of 0.79. FactSet Research Systems Inc. has a 1 year low of $272.50 and a 1 year high of $499.87.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Thursday, September 18th. The business services provider reported $4.05 earnings per share for the quarter, missing analysts’ consensus estimates of $4.13 by ($0.08). FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The company had revenue of $596.90 million during the quarter, compared to the consensus estimate of $593.32 million. During the same quarter in the prior year, the business earned $3.74 EPS. The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, equities research analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Friday, August 29th were paid a $1.10 dividend. The ex-dividend date was Friday, August 29th. This represents a $4.40 annualized dividend and a dividend yield of 1.5%. FactSet Research Systems’s dividend payout ratio is presently 28.30%.

FactSet Research Systems Company Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.