Naples Global Advisors LLC Purchases 2,181 Shares of FactSet Research Systems Inc. $FDS

Naples Global Advisors LLC grew its position in FactSet Research Systems Inc. (NYSE:FDS) by 48.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 6,708 shares of the business services provider’s stock after buying an additional 2,181 shares during the period. Naples Global Advisors LLC’s holdings in FactSet Research Systems were worth $1,922,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Atlas Legacy Advisors LLC grew its holdings in shares of FactSet Research Systems by 23.7% during the third quarter. Atlas Legacy Advisors LLC now owns 855 shares of the business services provider’s stock valued at $245,000 after buying an additional 164 shares during the last quarter. Covestor Ltd raised its holdings 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 acquiring an additional 39 shares during the last quarter. Andina Capital Management LLC boosted its stake in FactSet Research Systems by 22.9% during the 3rd quarter. Andina Capital Management LLC now owns 1,186 shares of the business services provider’s stock valued at $340,000 after purchasing an additional 221 shares during the last quarter. Rakuten Investment Management Inc. purchased a new stake in FactSet Research Systems during the 3rd quarter valued at $4,033,000. Finally, Vest Financial LLC increased its holdings in shares of FactSet Research Systems by 3.6% in the 3rd quarter. Vest Financial LLC now owns 130,100 shares of the business services provider’s stock worth $37,272,000 after purchasing an additional 4,574 shares in the last quarter. Institutional investors own 91.24% of the company’s stock.

Analyst Ratings Changes

FDS has been the topic of a number of research analyst reports. Raymond James Financial reaffirmed a “market perform” rating on shares of FactSet Research Systems in a report on Thursday, December 18th. Stifel Nicolaus decreased their target price 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. Morgan Stanley set a $307.00 price target on shares of FactSet Research Systems and gave the company an “equal weight” rating in a report on Wednesday, December 17th. Huber Research raised shares of FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a report on Friday, December 19th. Finally, Wells Fargo & Company increased their price objective on shares of FactSet Research Systems from $260.00 to $265.00 and gave the company an “underweight” rating in a research report on Wednesday, January 14th. One research 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 assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $313.00.

Insider Transactions at FactSet Research Systems

In other news, Director Laurie Siegel sold 2,572 shares of the company’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $296.25, for a total value of $761,955.00. Following the completion of the sale, the director directly owned 1,037 shares in the company, valued at $307,211.25. This represents a 71.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Malcolm Frank sold 2,572 shares of FactSet Research Systems stock in a transaction on Monday, January 12th. The shares were sold at an average price of $295.70, for a total value of $760,540.40. Following the transaction, the director owned 879 shares in the company, valued at $259,920.30. This trade represents a 74.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.20% of the stock is currently owned by company insiders.

FactSet Research Systems Trading Down 0.8%

FactSet Research Systems stock opened at $286.36 on Friday. FactSet Research Systems Inc. has a 52-week low of $250.50 and a 52-week high of $477.92. The company has a market cap of $10.62 billion, a P/E ratio of 18.22, a P/E/G ratio of 2.63 and a beta of 0.75. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.63. The business has a 50-day simple moving average of $285.83 and a two-hundred day simple moving average of $322.81.

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

FactSet Research Systems Announces Dividend

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

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

FactSet Research Systems Company Profile

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.