Blue Barn Wealth LLC Acquires Shares of 457 FactSet Research Systems Inc. $FDS

Blue Barn Wealth LLC acquired a new stake in FactSet Research Systems Inc. (NYSE:FDS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 457 shares of the business services provider’s stock, valued at approximately $204,000.

A number of other institutional investors also recently bought and sold shares of the business. J. W. Coons Advisors LLC increased its stake in FactSet Research Systems by 139.8% in the second quarter. J. W. Coons Advisors LLC now owns 3,465 shares of the business services provider’s stock valued at $1,550,000 after purchasing an additional 2,020 shares during the period. Huntington National Bank increased its stake in shares of FactSet Research Systems by 10.0% during the second quarter. Huntington National Bank now owns 320 shares of the business services provider’s stock worth $143,000 after acquiring an additional 29 shares during the period. Fullcircle Wealth LLC increased its stake in shares of FactSet Research Systems by 10.2% during the second quarter. Fullcircle Wealth LLC now owns 564 shares of the business services provider’s stock worth $252,000 after acquiring an additional 52 shares during the period. Tredje AP fonden increased its stake in shares of FactSet Research Systems by 191.5% during the second quarter. Tredje AP fonden now owns 8,729 shares of the business services provider’s stock worth $3,904,000 after acquiring an additional 5,735 shares during the period. Finally, Versor Investments LP acquired a new position in shares of FactSet Research Systems during the second quarter worth about $1,074,000. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on FDS. BMO Capital Markets dropped their price target on shares of FactSet Research Systems from $452.00 to $324.00 and set a “market perform” rating on the stock in a research note on Friday, September 19th. Rothschild & Co Redburn upgraded shares of FactSet Research Systems from a “sell” rating to a “neutral” rating and dropped their price target for the stock from $415.00 to $370.00 in a research note on Friday, September 12th. Rothschild Redb upgraded shares of FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research note on Friday, September 12th. Wells Fargo & Company dropped their price target on shares of FactSet Research Systems from $355.00 to $296.00 and set an “underweight” rating on the stock in a research note on Friday, September 19th. Finally, Zacks Research lowered shares of FactSet Research Systems from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 23rd. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $356.78.

Insider Activity

In other FactSet Research Systems news, EVP Helen L. Shan purchased 370 shares of the stock in a transaction dated Monday, October 6th. The shares were acquired at an average cost 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 of the company’s stock, valued at $2,557,556.32. This trade represents a 4.15% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Christopher Mcloughlin purchased 338 shares of the stock in a transaction dated Tuesday, September 23rd. The stock was acquired at an average price of $296.19 per share, for a total transaction of $100,112.22. Following the completion of the transaction, the insider directly 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. Corporate insiders own 1.10% of the company’s stock.

FactSet Research Systems Trading Up 0.1%

Shares of FDS opened at $264.90 on Wednesday. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.63. The firm’s 50-day moving average is $309.79 and its two-hundred day moving average is $385.87. FactSet Research Systems Inc. has a twelve month low of $258.15 and a twelve month high of $499.87. The firm has a market capitalization of $9.91 billion, a P/E ratio of 17.04, a PEG ratio of 2.73 and a beta of 0.79.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Thursday, September 18th. The business services provider reported $4.05 earnings per share for the quarter, missing the consensus estimate of $4.13 by ($0.08). FactSet Research Systems had a return on equity of 31.06% and a net margin of 25.72%.The company had revenue of $596.90 million for the quarter, compared to analyst estimates of $593.32 million. During the same quarter in the previous year, the company posted $3.74 earnings per share. The company’s quarterly revenue 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, research analysts predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Friday, August 29th were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.7%. The ex-dividend date was Friday, August 29th. 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.