FactSet Research Systems Inc. $FDS Shares Purchased by Ninety One North America Inc.

Key Points

• Ninety One North America Inc. has increased its stake in FactSet Research Systems by 42.7%, now owning approximately 0.22% of the company, valued at $37.88 million.
• FactSet recently reported a miss on EPS estimates for the quarter, posting $4.05 compared to the consensus estimate of $4.13, although revenue grew 6.2% year-over-year to $596.90 million.
• The company announced a quarterly dividend of $1.10 per share, representing an annualized yield of 1.5% and a payout ratio of 28.30%.

Ninety One North America Inc. increased its stake in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 42.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 84,686 shares of the business services provider's stock after acquiring an additional 25,344 shares during the period. FactSet Research Systems comprises 1.9% of Ninety One North America Inc.'s holdings, making the stock its 19th largest position. Ninety One North America Inc. owned approximately 0.22% of FactSet Research Systems worth $37,878,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC boosted its position in FactSet Research Systems by 6.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,370 shares of the business services provider's stock worth $2,099,000 after purchasing an additional 251 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in FactSet Research Systems by 31.1% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 118 shares of the business services provider's stock worth $54,000 after purchasing an additional 28 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its position in FactSet Research Systems by 57.6% during the first quarter. Fifth Third Wealth Advisors LLC now owns 698 shares of the business services provider's stock worth $317,000 after purchasing an additional 255 shares in the last quarter. Rhumbline Advisers boosted its position in FactSet Research Systems by 5.5% during the first quarter. Rhumbline Advisers now owns 83,310 shares of the business services provider's stock worth $37,876,000 after purchasing an additional 4,364 shares in the last quarter. Finally, Czech National Bank boosted its position in FactSet Research Systems by 6.0% during the first quarter. Czech National Bank now owns 8,734 shares of the business services provider's stock worth $3,971,000 after purchasing an additional 497 shares in the last quarter. 91.24% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other FactSet Research Systems news, Director James J. Mcgonigle sold 2,925 shares of FactSet Research Systems stock in a transaction on Monday, July 14th. The stock was sold at an average price of $451.39, for a total value of $1,320,315.75. Following the sale, the director owned 4,461 shares in the company, valued at $2,013,650.79. The trade was a 39.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Christopher Mcloughlin bought 338 shares of FactSet Research Systems stock in a transaction on Tuesday, September 23rd. The stock was acquired at an average price of $296.19 per share, for a total transaction of $100,112.22. Following the transaction, the insider directly 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 disclosure for this purchase can be found here. Insiders have sold 13,031 shares of company stock worth $5,825,481 over the last ninety days. Company insiders own 1.10% of the company's stock.

FactSet Research Systems Stock Performance

Shares of FactSet Research Systems stock opened at $286.14 on Wednesday. FactSet Research Systems Inc. has a one year low of $282.01 and a one year high of $499.87. The company has a market cap of $10.82 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 2.14 and a beta of 0.84. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.47 and a current ratio of 1.40. The business's 50 day moving average price is $364.34 and its 200 day moving average price is $412.69.

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

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Friday, August 29th were given a $1.10 dividend. The ex-dividend date was Friday, August 29th. This represents a $4.40 dividend on an annualized basis and a yield of 1.5%. FactSet Research Systems's payout ratio is currently 28.30%.

Analyst Ratings Changes

A number of equities analysts have issued reports on FDS shares. Barclays lowered their price target on FactSet Research Systems from $390.00 to $300.00 and set an "underweight" rating on the stock in a research report on Friday, September 19th. Rothschild & Co Redburn upgraded FactSet Research Systems from a "sell" rating to a "neutral" rating and decreased their target price for the company from $415.00 to $370.00 in a research report on Friday, September 12th. UBS Group upgraded FactSet Research Systems from a "neutral" rating to a "buy" rating and decreased their target price for the company from $480.00 to $425.00 in a research report on Monday, September 22nd. BMO Capital Markets decreased their target price on FactSet Research Systems from $452.00 to $324.00 and set a "market perform" rating on the stock in a research report on Friday, September 19th. Finally, Royal Bank Of Canada restated a "sector perform" rating and issued a $503.00 target price on shares of FactSet Research Systems in a research report on Friday, June 20th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and six have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Reduce" and an average target price of $359.10.

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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