Milestone Asset Management Group LLC Makes New $550,000 Investment in FactSet Research Systems Inc. $FDS

Milestone Asset Management Group LLC bought a new position in FactSet Research Systems Inc. (NYSE:FDS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,921 shares of the business services provider’s stock, valued at approximately $550,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in FactSet Research Systems by 0.6% in the second quarter. Vanguard Group Inc. now owns 4,825,198 shares of the business services provider’s stock valued at $2,158,215,000 after purchasing an additional 29,844 shares during the period. State Street Corp raised its stake in shares of FactSet Research Systems by 0.8% during the 2nd quarter. State Street Corp now owns 1,937,571 shares of the business services provider’s stock worth $866,637,000 after buying an additional 15,556 shares in the last quarter. Loomis Sayles & Co. L P lifted its holdings in shares of FactSet Research Systems by 1.6% in the 2nd quarter. Loomis Sayles & Co. L P now owns 1,508,052 shares of the business services provider’s stock valued at $674,522,000 after buying an additional 23,900 shares during the period. Ninety One UK Ltd boosted its stake in shares of FactSet Research Systems by 1.2% in the third quarter. Ninety One UK Ltd now owns 1,206,890 shares of the business services provider’s stock valued at $345,762,000 after buying an additional 14,256 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in FactSet Research Systems by 2.4% during the second quarter. Geode Capital Management LLC now owns 1,162,256 shares of the business services provider’s stock worth $518,683,000 after acquiring an additional 27,035 shares during the period. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Stock Up 0.5%

Shares of FDS opened at $286.42 on Tuesday. FactSet Research Systems Inc. has a fifty-two week low of $250.50 and a fifty-two week high of $477.92. The company’s fifty day moving average is $279.71 and its two-hundred day moving average is $336.10. The firm has a market cap of $10.72 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 2.60 and a beta of 0.75. The company has a quick ratio of 1.40, a current ratio of 1.54 and a debt-to-equity ratio of 0.63.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Thursday, December 18th. The business services provider reported $4.51 EPS for the quarter, topping analysts’ consensus estimates of $4.36 by $0.15. The business had revenue of $607.62 million during the quarter, compared to the consensus estimate of $599.69 million. FactSet Research Systems had a return on equity of 30.49% and a net margin of 25.40%.The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm posted $4.37 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems declared that its Board of Directors has authorized a share repurchase plan on Thursday, December 18th that allows the company to buyback $600.00 million in outstanding shares. This buyback authorization allows the business services provider to purchase up to 5.4% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Friday, November 28th were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, November 28th. FactSet Research Systems’s dividend payout ratio (DPR) is 27.99%.

Insider Buying and Selling at FactSet Research Systems

In other news, EVP Goran Skoko bought 500 shares of the firm’s stock in a transaction dated Thursday, November 6th. The stock was acquired at an average price of $252.93 per share, for a total transaction of $126,465.00. Following the acquisition, the executive vice president owned 9,192 shares of the company’s stock, valued at $2,324,932.56. This trade represents a 5.75% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on FDS shares. UBS Group reiterated a “buy” rating on shares of FactSet Research Systems in a report on Friday, December 19th. Rothschild & Co Redburn raised 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 research note on Friday, September 12th. Wolfe Research reaffirmed an “underperform” rating and issued a $290.00 price objective on shares of FactSet Research Systems in a research note on Friday, November 14th. The Goldman Sachs Group reduced their price objective on FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating for the company in a report on Friday, December 19th. Finally, Stifel Nicolaus dropped their price target on FactSet Research Systems from $372.00 to $295.00 and set a “hold” rating for the company in a research report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $313.17.

About FactSet Research Systems

FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.

The company’s core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.