FactSet Research Systems (NYSE:FDS) EVP Buys $126,465.00 in Stock

FactSet Research Systems Inc. (NYSE:FDS) EVP Goran Skoko bought 500 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were purchased at an average cost of $252.93 per share, for a total transaction of $126,465.00. Following the completion of the purchase, the executive vice president owned 9,192 shares in the company, valued at approximately $2,324,932.56. This trade represents a 5.75% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

FactSet Research Systems Stock Performance

Shares of FactSet Research Systems stock opened at $271.39 on Thursday. FactSet Research Systems Inc. has a 12 month low of $250.50 and a 12 month high of $499.87. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.63. The stock has a market cap of $10.16 billion, a PE ratio of 17.45, a price-to-earnings-growth ratio of 2.73 and a beta of 0.77. The business has a fifty day simple moving average of $296.66 and a 200-day simple moving average of $379.45.

FactSet Research Systems (NYSE:FDS) last announced 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). FactSet Research Systems had a return on equity of 31.06% and a net margin of 25.72%.The business 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 company posted $3.74 earnings per share. The firm’s revenue 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, sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Friday, November 28th will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, November 28th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 28.30%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. First Horizon Corp acquired a new stake in shares of FactSet Research Systems in the third quarter valued at about $25,000. SouthState Corp grew its holdings in FactSet Research Systems by 1,400.0% in the 1st quarter. SouthState Corp now owns 60 shares of the business services provider’s stock valued at $27,000 after buying an additional 56 shares during the last quarter. Winnow Wealth LLC acquired a new stake in FactSet Research Systems in the 3rd quarter valued at approximately $28,000. Covestor Ltd increased its position in FactSet Research Systems by 53.4% in the 3rd quarter. Covestor Ltd now owns 112 shares of the business services provider’s stock worth $33,000 after buying an additional 39 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in shares of FactSet Research Systems by 4,200.0% during 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. Institutional investors own 91.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on FDS. UBS Group upgraded shares of FactSet Research Systems from a “neutral” rating to a “buy” rating and dropped their price objective for the company from $480.00 to $425.00 in a research note on Monday, September 22nd. Evercore ISI dropped their price target on shares of FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating on the stock in a research note on Friday, September 19th. Wells Fargo & Company cut their price objective on FactSet Research Systems from $355.00 to $296.00 and set an “underweight” rating for the company in a report on Friday, September 19th. Morgan Stanley lowered their target price on FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating on the stock in a research note on Friday, September 19th. Finally, Barclays dropped their target price on FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating on the stock in a research report on Friday, September 19th. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and six have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $356.78.

About FactSet Research Systems

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.