FactSet Research Systems Inc. $FDS Shares Sold by Lbp Am Sa

Key Points

• Lbp Am Sa reduced its holdings in FactSet Research Systems by 25.3%, owning 6,303 shares after selling 2,139 shares, valued at $2.8 million.
• Insider trading activity includes Director James J. Mcgonigle selling 2,925 shares for over $1.3 million, reflecting a 39.6% decrease in his position.
• FactSet's most recent earnings report revealed EPS of $4.05, which missed analyst estimates, despite revenue exceeding expectations and a year-over-year revenue increase of 6.2%.

Lbp Am Sa trimmed its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 25.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,303 shares of the business services provider's stock after selling 2,139 shares during the period. Lbp Am Sa's holdings in FactSet Research Systems were worth $2,819,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Crossmark Global Holdings Inc. raised its holdings in shares of FactSet Research Systems by 4.9% during the first quarter. Crossmark Global Holdings Inc. now owns 809 shares of the business services provider's stock worth $368,000 after purchasing an additional 38 shares during the period. QRG Capital Management Inc. raised its holdings in shares of FactSet Research Systems by 4.7% during the first quarter. QRG Capital Management Inc. now owns 1,339 shares of the business services provider's stock worth $609,000 after purchasing an additional 60 shares during the period. PineStone Asset Management Inc. raised its holdings in shares of FactSet Research Systems by 8.8% during the second quarter. PineStone Asset Management Inc. now owns 380,459 shares of the business services provider's stock worth $170,172,000 after purchasing an additional 30,881 shares during the period. State of Alaska Department of Revenue raised its holdings in shares of FactSet Research Systems by 14.1% during the second quarter. State of Alaska Department of Revenue now owns 14,690 shares of the business services provider's stock worth $6,569,000 after purchasing an additional 1,810 shares during the period. Finally, Bessemer Group Inc. raised its holdings in shares of FactSet Research Systems by 284.3% during the first quarter. Bessemer Group Inc. now owns 1,176 shares of the business services provider's stock worth $535,000 after purchasing an additional 870 shares during the period. 91.24% of the stock is owned by institutional investors and hedge funds.

Insider Activity at FactSet Research Systems

In related news, Director James J. Mcgonigle sold 2,925 shares of the stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $451.39, for a total value 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 sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Gregory T. Moskoff sold 2,500 shares of the company's stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $442.60, for a total transaction of $1,106,500.00. Following the completion of the sale, the chief accounting officer directly owned 44 shares of the company's stock, valued at $19,474.40. The trade was a 98.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,031 shares of company stock worth $5,825,481. 1.10% of the stock is currently owned by corporate insiders.

FactSet Research Systems Stock Performance

Shares of FDS opened at $281.98 on Friday. The firm has a 50-day moving average price of $358.98 and a 200 day moving average price of $410.73. The firm has a market capitalization of $10.66 billion, a PE ratio of 18.13, a P/E/G ratio of 2.12 and a beta of 0.79. The company has a quick ratio of 1.47, a current ratio of 1.40 and a debt-to-equity ratio of 0.63. FactSet Research Systems Inc. has a 52-week low of $280.20 and a 52-week high of $499.87.

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

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Friday, August 29th were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, August 29th. FactSet Research Systems's dividend payout ratio is currently 28.30%.

Analyst Ratings Changes

A number of brokerages have weighed in on FDS. BMO Capital Markets dropped 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 report on Friday, September 19th. Zacks Research lowered shares of FactSet Research Systems from a "hold" rating to a "strong sell" rating in a research report on Tuesday, September 23rd. Evercore ISI lowered their price target on shares of FactSet Research Systems from $394.00 to $328.00 and set an "in-line" rating for the company in a research report on Friday, September 19th. UBS Group upgraded shares of FactSet Research Systems from a "neutral" rating to a "buy" rating and lowered their price target for the stock from $480.00 to $425.00 in a research report on Monday, September 22nd. Finally, Huber Research upgraded shares of FactSet Research Systems to a "strong sell" rating in a research report on Friday, September 19th. One investment analyst has rated the stock with a Buy rating, seven have given a Hold rating and six have issued a Sell rating to the company's stock. According to data from MarketBeat.com, FactSet Research Systems currently has a consensus rating of "Reduce" and a consensus price target of $359.10.

FactSet Research Systems 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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