FactSet Research Systems (NYSE:FDS) Director Sells 2,572 Shares

FactSet Research Systems Inc. (NYSE:FDS) Director Laurie Siegel sold 2,572 shares of the company’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $296.25, for a total value of $761,955.00. Following the sale, the director owned 1,037 shares of the company’s stock, valued at approximately $307,211.25. This trade represents a 71.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

FactSet Research Systems Stock Performance

NYSE:FDS traded up $2.61 on Monday, hitting $297.06. The stock had a trading volume of 395,652 shares, compared to its average volume of 503,336. The business’s 50-day simple moving average is $281.36 and its two-hundred day simple moving average is $332.14. The stock has a market cap of $11.02 billion, a price-to-earnings ratio of 18.90, a price-to-earnings-growth ratio of 2.69 and a beta of 0.75. FactSet Research Systems Inc. has a 52-week low of $250.50 and a 52-week high of $477.92. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.63.

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

FactSet Research Systems Dividend Announcement

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

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

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on FDS shares. Wolfe Research reiterated an “underperform” rating and set a $290.00 target price on shares of FactSet Research Systems in a research report on Friday, November 14th. Weiss Ratings reissued a “sell (d+)” rating on shares of FactSet Research Systems in a report on Monday, December 29th. BMO Capital Markets reduced their price target on shares of FactSet Research Systems from $311.00 to $305.00 and set a “market perform” rating on the stock in a research report on Monday, December 22nd. Jefferies Financial Group restated a “hold” rating and issued a $305.00 target price on shares of FactSet Research Systems in a report on Friday, December 19th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of FactSet Research Systems in a report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $312.58.

Institutional Investors Weigh In On FactSet Research Systems

Several hedge funds and other institutional investors have recently made changes to their positions in FDS. Jones Financial Companies Lllp boosted its stake in shares of FactSet Research Systems by 5.6% during the 1st quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock worth $785,000 after purchasing an additional 91 shares during the period. Empowered Funds LLC raised its position in FactSet Research Systems by 27.6% in the 1st quarter. Empowered Funds LLC now owns 972 shares of the business services provider’s stock worth $442,000 after purchasing an additional 210 shares during the period. Intech Investment Management LLC lifted its stake in FactSet Research Systems by 7.9% in the first quarter. Intech Investment Management LLC now owns 8,404 shares of the business services provider’s stock worth $3,821,000 after purchasing an additional 617 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of FactSet Research Systems by 188.2% during the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after buying an additional 64 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of FactSet Research Systems by 13.1% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,879 shares of the business services provider’s stock valued at $2,629,000 after buying an additional 681 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

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.