FactSet Research Systems Inc. $FDS Stock Holdings Lifted by Vest Financial LLC

Key Points

• Vest Financial LLC increased its stake in FactSet Research Systems Inc. by 8.8%, owning 125,526 shares valued at approximately $56 million by the end of the second quarter.
• Analysts have adjusted their target prices on FactSet shares, with Barclays reducing its price target from $390 to $300, while BMO Capital Markets lowered its target from $452 to $324.
• FactSet recently reported quarterly earnings of $4.05 per share, missing estimates by $0.08, although revenue increased by 6.2% compared to the same quarter last year.

Vest Financial LLC boosted its stake in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 8.8% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 125,526 shares of the business services provider's stock after purchasing an additional 10,172 shares during the period. Vest Financial LLC owned about 0.33% of FactSet Research Systems worth $56,145,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Truist Financial Corp grew its position in FactSet Research Systems by 0.5% during the second quarter. Truist Financial Corp now owns 22,313 shares of the business services provider's stock valued at $9,980,000 after purchasing an additional 114 shares in the last quarter. Crossmark Global Holdings Inc. grew its position in FactSet Research Systems by 4.9% in the first quarter. Crossmark Global Holdings Inc. now owns 809 shares of the business services provider's stock worth $368,000 after acquiring an additional 38 shares in the last quarter. QRG Capital Management Inc. grew its position in FactSet Research Systems by 4.7% in the first quarter. QRG Capital Management Inc. now owns 1,339 shares of the business services provider's stock worth $609,000 after acquiring an additional 60 shares in the last quarter. PineStone Asset Management Inc. grew its position in FactSet Research Systems by 8.8% in the second quarter. PineStone Asset Management Inc. now owns 380,459 shares of the business services provider's stock worth $170,172,000 after acquiring an additional 30,881 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its position in FactSet Research Systems by 14.1% in 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 acquiring an additional 1,810 shares in the last quarter. 91.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on FDS. Barclays decreased their target price on shares of FactSet Research Systems from $390.00 to $300.00 and set an "underweight" rating for the company in a research report on Friday, September 19th. BMO Capital Markets decreased their target price on shares of FactSet Research Systems from $452.00 to $324.00 and set a "market perform" rating for the company in a research report on Friday, September 19th. Huber Research raised shares of FactSet Research Systems to a "strong sell" rating in a research report on Friday, September 19th. Royal Bank Of Canada restated a "sector perform" rating and issued a $503.00 price objective on shares of FactSet Research Systems in a research note on Friday, June 20th. Finally, Evercore ISI reduced their price objective on shares of FactSet Research Systems from $394.00 to $328.00 and set an "in-line" rating for the company in a research note on Friday, September 19th. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and five have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Reduce" and a consensus target price of $356.78.

FactSet Research Systems Trading Down 0.0%

Shares of FDS stock opened at $282.99 on Monday. FactSet Research Systems Inc. has a 52-week low of $272.50 and a 52-week high of $499.87. The stock has a market cap of $10.70 billion, a price-to-earnings ratio of 18.20, a P/E/G ratio of 2.09 and a beta of 0.79. 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 firm has a fifty day moving average of $343.56 and a 200-day moving average of $403.72.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its quarterly earnings data 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). 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 analyst estimates of $593.32 million. During the same quarter in the prior year, the company posted $3.74 EPS. The company's quarterly revenue 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, equities research analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

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

Insider Transactions at FactSet Research Systems

In other news, insider Christopher Mcloughlin bought 338 shares of the company's stock in a transaction that occurred 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 $1,020,670.74. This trade represents a 10.88% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Helen L. Shan bought 370 shares of the company's stock in a transaction that occurred on Monday, October 6th. The shares were purchased at an average price of $275.48 per share, with a total value of $101,927.60. Following the transaction, the executive vice president directly owned 9,284 shares in the company, valued at $2,557,556.32. This represents a 4.15% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 1.10% of the company's stock.

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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