Callan Family Office LLC Acquires 7,965 Shares of FactSet Research Systems Inc. $FDS

Key Points

• Callan Family Office LLC significantly increased its stake in FactSet Research Systems Inc. by purchasing 7,965 shares, bringing its total holdings to 8,710 shares valued at $3,896,000.
• FactSet reported a quarterly EPS of $4.05, which was below analysts' expectations of $4.13, but generated revenue of $596.9 million, exceeding forecasts.
• The company declared a quarterly dividend of $1.10 per share, equating to an annual yield of 1.6%, with a payout ratio of 28.3%.

Callan Family Office LLC lifted its position in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 1,069.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,710 shares of the business services provider's stock after buying an additional 7,965 shares during the quarter. Callan Family Office LLC's holdings in FactSet Research Systems were worth $3,896,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Fifth Third Bancorp lifted its holdings in shares of FactSet Research Systems by 1.6% in the first quarter. Fifth Third Bancorp now owns 1,470 shares of the business services provider's stock worth $668,000 after buying an additional 23 shares in the last quarter. Birch Capital Management LLC lifted its holdings in shares of FactSet Research Systems by 0.3% in the first quarter. Birch Capital Management LLC now owns 8,611 shares of the business services provider's stock worth $3,915,000 after buying an additional 25 shares in the last quarter. Alps Advisors Inc. lifted its holdings in shares of FactSet Research Systems by 3.1% in the first quarter. Alps Advisors Inc. now owns 822 shares of the business services provider's stock worth $374,000 after buying an additional 25 shares in the last quarter. Integrated Investment Consultants LLC lifted its holdings in shares of FactSet Research Systems by 0.8% in the first quarter. Integrated Investment Consultants LLC now owns 3,056 shares of the business services provider's stock worth $1,389,000 after buying an additional 25 shares in the last quarter. Finally, Horizon Investments LLC lifted its holdings in shares of FactSet Research Systems by 4.8% in the first quarter. Horizon Investments LLC now owns 544 shares of the business services provider's stock worth $247,000 after buying an additional 25 shares in the last quarter. 91.24% of the stock is owned by hedge funds and other institutional investors.

FactSet Research Systems Trading Down 0.0%

FDS stock opened at $282.99 on Friday. The company has a market capitalization of $10.70 billion, a PE ratio of 18.20, a price-to-earnings-growth ratio of 2.09 and a beta of 0.79. FactSet Research Systems Inc. has a one year low of $272.50 and a one year high of $499.87. The company's 50 day moving average price is $343.56 and its two-hundred day moving average price is $404.29. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.47 and a current ratio of 1.40.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its quarterly earnings results on Thursday, September 18th. The business services provider reported $4.05 EPS for the quarter, missing the consensus estimate of $4.13 by ($0.08). The business had revenue of $596.90 million for the quarter, compared to analysts' expectations of $593.32 million. FactSet Research Systems had a return on equity of 31.06% and a net margin of 25.72%.The company's revenue was up 6.2% compared to the same quarter last year. During the same period last year, the business posted $3.74 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, analysts predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Friday, August 29th were paid a dividend of $1.10 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $4.40 annualized dividend and a dividend yield of 1.6%. FactSet Research Systems's dividend payout ratio (DPR) is 28.30%.

Insiders Place Their Bets

In other news, insider Christopher Mcloughlin bought 338 shares of the business's stock in a transaction dated Tuesday, September 23rd. The shares were purchased at an average price of $296.19 per share, for a total transaction of $100,112.22. Following the completion of the acquisition, the insider owned 3,446 shares of the company's stock, valued at approximately $1,020,670.74. This trade represents a 10.88% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director James J. Mcgonigle sold 2,925 shares of the firm's stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $451.39, for a total transaction of $1,320,315.75. Following the completion of the transaction, the director owned 4,461 shares in the company, valued at $2,013,650.79. This represents a 39.60% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.10% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Barclays lowered their price target on shares of FactSet Research Systems from $390.00 to $300.00 and set an "underweight" rating on the stock in a report on Friday, September 19th. BMO Capital Markets lowered their target price on shares of FactSet Research Systems from $452.00 to $324.00 and set a "market perform" rating on the stock in a research note on Friday, September 19th. Zacks Research downgraded shares of FactSet Research Systems from a "hold" rating to a "strong sell" rating in a research note on Tuesday, September 23rd. Raymond James Financial raised shares of FactSet Research Systems from an "underperform" rating to a "market perform" rating in a research note on Thursday, June 26th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of FactSet Research Systems in a research note on Wednesday. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Reduce" and an average target price of $356.78.

FactSet Research Systems Company Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.

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