Sound Financial Strategies Group LLC Invests $696,000 in FactSet Research Systems Inc. $FDS

Sound Financial Strategies Group LLC bought a new stake in FactSet Research Systems Inc. (NYSE:FDS) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,556 shares of the business services provider’s stock, valued at approximately $696,000.

A number of other hedge funds have also recently added to or reduced their stakes in FDS. Alps Advisors Inc. grew its position in FactSet Research Systems by 3.1% in the 1st quarter. Alps Advisors Inc. now owns 822 shares of the business services provider’s stock valued at $374,000 after purchasing an additional 25 shares during the period. Integrated Investment Consultants LLC raised its holdings in shares of FactSet Research Systems by 0.8% in the 1st quarter. Integrated Investment Consultants LLC now owns 3,056 shares of the business services provider’s stock worth $1,389,000 after acquiring an additional 25 shares during the last quarter. Horizon Investments LLC lifted its position in FactSet Research Systems by 4.8% in the 1st quarter. Horizon Investments LLC now owns 544 shares of the business services provider’s stock valued at $247,000 after acquiring an additional 25 shares in the last quarter. ORG Partners LLC increased its holdings in FactSet Research Systems by 13.9% during the 2nd quarter. ORG Partners LLC now owns 205 shares of the business services provider’s stock worth $93,000 after purchasing an additional 25 shares in the last quarter. Finally, Valmark Advisers Inc. raised its stake in shares of FactSet Research Systems by 1.3% in the second quarter. Valmark Advisers Inc. now owns 1,970 shares of the business services provider’s stock worth $881,000 after purchasing an additional 26 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Price Performance

Shares of FDS stock opened at $253.16 on Friday. The firm has a market cap of $9.47 billion, a P/E ratio of 16.28, a P/E/G ratio of 2.73 and a beta of 0.77. The business’s 50 day moving average price is $304.95 and its 200-day moving average price is $384.08. FactSet Research Systems Inc. has a fifty-two week low of $250.50 and a fifty-two week high of $499.87. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.40 and a current ratio of 1.40.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Thursday, September 18th. The business services provider reported $4.05 EPS 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 during the quarter, compared to analysts’ expectations of $593.32 million. During the same period in the prior year, the business posted $3.74 earnings per share. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, equities 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 firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Friday, November 28th will be paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, November 28th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 28.30%.

Insider Activity at FactSet Research Systems

In other news, insider Christopher Mcloughlin purchased 338 shares of the company’s stock in a transaction that occurred on 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 purchase, the insider directly owned 3,446 shares in the company, valued at approximately $1,020,670.74. This trade represents a 10.88% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Helen L. Shan acquired 370 shares of FactSet Research Systems 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 completion of the purchase, the executive vice president owned 9,284 shares in the company, valued at $2,557,556.32. This represents a 4.15% increase in their position. The SEC filing for this purchase provides additional information. 1.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on FDS. Barclays decreased their price target on FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating for the company in a report on Friday, September 19th. Evercore ISI lowered their target price on shares of 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. UBS Group upgraded shares of FactSet Research Systems from a “neutral” rating to a “buy” rating and cut their price target for the stock from $480.00 to $425.00 in a report on Monday, September 22nd. BMO Capital Markets reduced their price objective on shares of FactSet Research Systems from $452.00 to $324.00 and set a “market perform” rating for the company in a research report on Friday, September 19th. Finally, Zacks Research downgraded 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 issued a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $356.78.

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.