Bath Savings Trust Co Cuts Holdings in FactSet Research Systems Inc. $FDS

Key Points

• Bath Savings Trust Co has decreased its position in FactSet Research Systems Inc. by 2.9%, owning approximately 29,991 shares valued at about $13.41 million.
• FactSet's stock is currently down 2.7%, with a market cap of $12.70 billion, and the company reported $4.27 EPS for the last quarter, missing estimates.
• The firm has announced a quarterly dividend of $1.10 per share to be paid, reflecting a yield of 1.3% and a dividend payout ratio of 31.79%.

Bath Savings Trust Co lowered its stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 2.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,991 shares of the business services provider's stock after selling 896 shares during the period. FactSet Research Systems accounts for approximately 1.4% of Bath Savings Trust Co's holdings, making the stock its 23rd biggest holding. Bath Savings Trust Co owned 0.08% of FactSet Research Systems worth $13,414,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FDS. Kolinsky Wealth Management LLC boosted its stake in FactSet Research Systems by 3.2% in the 4th quarter. Kolinsky Wealth Management LLC now owns 739 shares of the business services provider's stock worth $355,000 after purchasing an additional 23 shares during the period. Fifth Third Bancorp raised its holdings in shares of FactSet Research Systems by 1.6% during the 1st quarter. Fifth Third Bancorp now owns 1,470 shares of the business services provider's stock worth $668,000 after acquiring an additional 23 shares in the last quarter. Birch Capital Management LLC raised its holdings in shares of FactSet Research Systems by 0.3% during the 1st quarter. Birch Capital Management LLC now owns 8,611 shares of the business services provider's stock worth $3,915,000 after acquiring an additional 25 shares in the last quarter. Alps Advisors Inc. raised its holdings in shares of FactSet Research Systems by 3.1% during the 1st quarter. Alps Advisors Inc. now owns 822 shares of the business services provider's stock worth $374,000 after acquiring an additional 25 shares in the last quarter. Finally, Integrated Investment Consultants LLC raised its holdings in shares of FactSet Research Systems by 0.8% during the 1st quarter. Integrated Investment Consultants LLC now owns 3,056 shares of the business services provider's stock worth $1,389,000 after acquiring an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company's stock.

FactSet Research Systems Trading Down 4.0%

FDS traded down $11.97 on Friday, hitting $289.26. The company had a trading volume of 1,781,021 shares, compared to its average volume of 561,210. The firm has a market cap of $10.94 billion, a P/E ratio of 18.60, a PEG ratio of 1.94 and a beta of 0.84. FactSet Research Systems Inc. has a 1 year low of $288.84 and a 1 year high of $499.87. The company's fifty day moving average price is $384.37 and its 200 day moving average price is $419.84. The company has a current ratio of 1.40, a quick ratio of 1.47 and a debt-to-equity ratio of 0.63.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its quarterly earnings data on Thursday, September 18th. The business services provider reported $4.05 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm 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 posted $3.74 EPS. FactSet Research Systems'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. As a group, equities analysts expect that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Announces Dividend

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 $1.10 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.5%. FactSet Research Systems's dividend payout ratio is 28.30%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. BMO Capital Markets decreased their price objective on FactSet Research Systems from $452.00 to $324.00 and set a "market perform" rating on the stock in a report on Friday. Royal Bank Of Canada reissued a "sector perform" rating and set a $503.00 price target on shares of FactSet Research Systems in a research report on Friday, June 20th. Barclays dropped their price objective on FactSet Research Systems from $390.00 to $300.00 and set an "underweight" rating on the stock in a research report on Friday. Evercore ISI decreased their price target on FactSet Research Systems from $394.00 to $328.00 and set an "in-line" rating for the company in a research note on Friday. Finally, Stifel Nicolaus decreased their target price on FactSet Research Systems from $464.00 to $372.00 and set a "hold" rating for the company in a report on Friday. Eight investment analysts have rated the stock with a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Reduce" and a consensus target price of $364.60.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, Director James J. Mcgonigle sold 2,925 shares of the company'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 sale, the director directly owned 4,461 shares of the company's stock, valued at $2,013,650.79. This represents a 39.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Gregory T. Moskoff sold 2,500 shares of the company's stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $442.60, for a total value of $1,106,500.00. Following the sale, the chief accounting officer directly owned 44 shares of the company's stock, valued at approximately $19,474.40. This represents a 98.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,031 shares of company stock valued at $5,825,481 in the last three months. 1.10% of the stock is currently owned by company insiders.

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.