Teacher Retirement System of Texas Increases Stock Position in FactSet Research Systems Inc. $FDS

Teacher Retirement System of Texas grew its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 3.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,763 shares of the business services provider’s stock after acquiring an additional 203 shares during the quarter. Teacher Retirement System of Texas’ holdings in FactSet Research Systems were worth $2,578,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SouthState Corp boosted its holdings in shares of FactSet Research Systems by 1,400.0% in the first quarter. SouthState Corp now owns 60 shares of the business services provider’s stock worth $27,000 after buying an additional 56 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of FactSet Research Systems by 4,200.0% in the first quarter. Caitong International Asset Management Co. Ltd now owns 86 shares of the business services provider’s stock worth $39,000 after buying an additional 84 shares during the last quarter. Cullen Frost Bankers Inc. boosted its holdings in shares of FactSet Research Systems by 4,300.0% in the second 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. WPG Advisers LLC purchased a new position in shares of FactSet Research Systems in the first quarter worth approximately $41,000. Finally, Bank of Jackson Hole Trust boosted its holdings in shares of FactSet Research Systems by 187.9% in the first quarter. Bank of Jackson Hole Trust now owns 95 shares of the business services provider’s stock worth $44,000 after buying an additional 62 shares during the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Insider Activity at FactSet Research Systems

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

Wall Street Analyst Weigh In

FDS has been the topic of a number of research reports. Stifel Nicolaus dropped their price objective on shares of FactSet Research Systems from $464.00 to $372.00 and set a “hold” rating on the stock in a report on Friday, September 19th. Evercore ISI dropped their price objective on shares of FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating on the stock in a report on Friday, September 19th. Morgan Stanley dropped their price objective on shares of FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating on the stock in a report on Friday, September 19th. Huber Research upgraded shares of FactSet Research Systems to a “strong sell” rating in a research note on Friday, September 19th. Finally, Barclays decreased their target price on shares of FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating on the stock in a research note on Friday, September 19th. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $356.78.

FactSet Research Systems Price Performance

NYSE FDS opened at $267.02 on Monday. FactSet Research Systems Inc. has a 12 month low of $265.11 and a 12 month high of $499.87. The stock has a market cap of $9.99 billion, a price-to-earnings ratio of 17.17, a PEG ratio of 2.73 and a beta of 0.79. The company’s 50 day moving average is $314.47 and its two-hundred day moving average is $388.15. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.63.

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

FactSet Research Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Friday, August 29th were given a dividend of $1.10 per share. The ex-dividend date was Friday, August 29th. This represents a $4.40 annualized dividend and a dividend yield of 1.6%. FactSet Research Systems’s dividend payout ratio (DPR) 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.