Tredje AP fonden Has $817,000 Stock Position in FactSet Research Systems Inc. $FDS

Tredje AP fonden lessened its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 67.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,853 shares of the business services provider’s stock after selling 5,876 shares during the quarter. Tredje AP fonden’s holdings in FactSet Research Systems were worth $817,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FDS. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of FactSet Research Systems by 57.0% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 829,174 shares of the business services provider’s stock valued at $370,873,000 after buying an additional 301,129 shares during the period. Invesco Ltd. lifted its holdings in shares of FactSet Research Systems by 39.2% during the 2nd quarter. Invesco Ltd. now owns 683,146 shares of the business services provider’s stock valued at $305,558,000 after buying an additional 192,448 shares during the last quarter. PFG Advisors grew its stake in shares of FactSet Research Systems by 4,209.8% in the 2nd quarter. PFG Advisors now owns 192,000 shares of the business services provider’s stock valued at $85,878,000 after buying an additional 187,545 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of FactSet Research Systems by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 4,932,382 shares of the business services provider’s stock valued at $1,413,078,000 after buying an additional 107,184 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its position in FactSet Research Systems by 7,507.9% during the third quarter. Assenagon Asset Management S.A. now owns 107,119 shares of the business services provider’s stock valued at $30,689,000 after acquiring an additional 105,711 shares in the last quarter. 91.24% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at FactSet Research Systems

In other news, Director Laurie Siegel sold 2,572 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 1,037 shares in the company, valued at approximately $307,211.25. The trade was a 71.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Malcolm Frank sold 2,572 shares of FactSet Research Systems stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $295.70, for a total transaction of $760,540.40. Following the completion of the transaction, the director directly owned 879 shares in the company, valued at $259,920.30. This trade represents a 74.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.20% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on FDS shares. Huber Research raised shares of FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, December 19th. Royal Bank Of Canada restated a “sector perform” rating and issued a $320.00 price objective on shares of FactSet Research Systems in a research note on Friday, December 19th. Wells Fargo & Company lowered their price target on FactSet Research Systems from $215.00 to $195.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 17th. BMO Capital Markets reduced their price objective on FactSet Research Systems from $311.00 to $305.00 and set a “market perform” rating for the company in a research report on Monday, December 22nd. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of FactSet Research Systems in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have given a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Reduce” and a consensus target price of $298.54.

FactSet Research Systems Stock Performance

FDS opened at $195.06 on Monday. 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 Inc. has a 12-month low of $185.00 and a 12-month high of $474.79. The business has a 50 day moving average of $262.72 and a 200-day moving average of $293.30. The stock has a market cap of $7.24 billion, a price-to-earnings ratio of 12.41, a PEG ratio of 2.01 and a beta of 0.73.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Thursday, December 18th. The business services provider reported $4.51 earnings per share for the quarter, beating 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 revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $4.37 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, equities research analysts expect that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems declared that its board has initiated a stock repurchase plan on Thursday, December 18th that permits the company to repurchase $600.00 million in outstanding shares. This repurchase authorization permits the business services provider to buy up to 5.4% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 27th will be given a $1.10 dividend. The ex-dividend date is Friday, February 27th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.3%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 27.99%.

FactSet Research Systems 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.