Greenland Capital Management LP Invests $4.85 Million in FactSet Research Systems Inc. $FDS

Greenland Capital Management LP bought a new stake in FactSet Research Systems Inc. (NYSE:FDS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 16,912 shares of the business services provider’s stock, valued at approximately $4,845,000.

Several other hedge funds have also added to or reduced their stakes in the company. Palumbo Wealth Management LLC grew its holdings in FactSet Research Systems by 2.9% in the 3rd quarter. Palumbo Wealth Management LLC now owns 4,603 shares of the business services provider’s stock valued at $1,302,000 after buying an additional 130 shares in the last quarter. Mufg Securities Americas Inc. boosted its position in shares of FactSet Research Systems by 21.3% in the third quarter. Mufg Securities Americas Inc. now owns 1,020 shares of the business services provider’s stock valued at $292,000 after acquiring an additional 179 shares during the period. Mcdonald Capital Investors Inc. CA acquired a new position in shares of FactSet Research Systems in the third quarter valued at about $28,320,000. Ameritas Investment Partners Inc. increased its position in FactSet Research Systems by 27.8% during the third quarter. Ameritas Investment Partners Inc. now owns 5,536 shares of the business services provider’s stock worth $1,586,000 after acquiring an additional 1,205 shares during the period. Finally, Koshinski Asset Management Inc. raised its stake in FactSet Research Systems by 9.8% in the 3rd quarter. Koshinski Asset Management Inc. now owns 1,507 shares of the business services provider’s stock worth $432,000 after purchasing an additional 135 shares in the last quarter. 91.24% of the stock is owned by institutional investors and hedge funds.

FactSet Research Systems Stock Down 2.5%

Shares of FDS opened at $190.17 on Tuesday. The firm has a 50 day simple moving average of $260.68 and a two-hundred day simple moving average of $291.92. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.54 and a quick ratio of 1.54. FactSet Research Systems Inc. has a one year low of $185.00 and a one year high of $474.79. The company has a market cap of $7.06 billion, a P/E ratio of 12.10, a P/E/G ratio of 2.01 and a beta of 0.73.

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

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, February 27th will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.40 annualized dividend and a yield of 2.3%. FactSet Research Systems’s payout ratio is presently 27.99%.

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

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on FDS shares. Wells Fargo & Company decreased their target price on shares of FactSet Research Systems from $215.00 to $195.00 and set an “underweight” rating on the stock in a research report on Tuesday, February 17th. Raymond James Financial reiterated a “market perform” rating on shares of FactSet Research Systems in a research note on Thursday, December 18th. BMO Capital Markets lowered their price objective on FactSet Research Systems from $311.00 to $305.00 and set a “market perform” rating on the stock in a research note on Monday, December 22nd. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $320.00 price objective on shares of FactSet Research Systems in a report on Friday, December 19th. Finally, Bank of America initiated coverage on FactSet Research Systems in a research report on Tuesday, February 17th. They set an “underperform” rating and a $195.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have issued a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat, FactSet Research Systems presently has an average rating of “Reduce” and an average price target of $291.62.

Insider Activity at FactSet Research Systems

In related news, Director Laurie Siegel sold 2,572 shares of the company’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 transaction of $761,955.00. Following the completion of the transaction, 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 Securities & Exchange Commission, which is available through this hyperlink. Also, Director Malcolm Frank sold 2,572 shares of the firm’s 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 sale, the director owned 879 shares in the company, valued at $259,920.30. This represents a 74.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.20% 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.