Heron Bay Capital Management Purchases 19,072 Shares of FactSet Research Systems Inc. $FDS

Key Points

• Heron Bay Capital Management increased its stake in FactSet by 52.6%, buying 19,072 shares to own 55,359 shares (about $15.86M), which represents ~3.0% of Heron Bay’s portfolio and 0.15% of FactSet.
• Several large institutions also boosted positions—including Mitsubishi UFJ, Invesco, PFG Advisors, Barclays and Vanguard—leaving institutional investors with roughly 91.24% ownership of FDS.
• FactSet beat quarterly EPS and revenue estimates (EPS $4.51; revenue $607.6M, +6.8% y/y), provided FY2026 EPS guidance of 16.90–17.60, authorized a $600M share repurchase (up to 5.4% of shares) and declared a quarterly dividend of $1.10 (2.0% yield).

Heron Bay Capital Management grew its position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 52.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 55,359 shares of the business services provider's stock after buying an additional 19,072 shares during the quarter. FactSet Research Systems accounts for approximately 3.0% of Heron Bay Capital Management's investment portfolio, making the stock its 11th biggest holding. Heron Bay Capital Management owned 0.15% of FactSet Research Systems worth $15,860,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in FactSet Research Systems by 57.0% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 829,174 shares of the business services provider's stock worth $370,873,000 after acquiring an additional 301,129 shares during the period. Invesco Ltd. increased its holdings in FactSet Research Systems by 39.2% during the second quarter. Invesco Ltd. now owns 683,146 shares of the business services provider's stock worth $305,558,000 after buying an additional 192,448 shares during the last quarter. PFG Advisors boosted its stake in FactSet Research Systems by 4,209.8% in the second quarter. PFG Advisors now owns 192,000 shares of the business services provider's stock valued at $85,878,000 after acquiring an additional 187,545 shares during the last quarter. Barclays PLC increased its stake in shares of FactSet Research Systems by 159.3% during the 3rd quarter. Barclays PLC now owns 272,535 shares of the business services provider's stock worth $78,079,000 after purchasing an additional 167,424 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in FactSet Research Systems by 2.2% in the third quarter. Vanguard Group Inc. now owns 4,932,382 shares of the business services provider's stock valued at $1,413,078,000 after purchasing an additional 107,184 shares during the last quarter. 91.24% of the stock is owned by institutional investors.

Insider Activity

In other FactSet Research Systems news, Director Malcolm Frank sold 2,572 shares of FactSet Research Systems stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $295.70, for a total value of $760,540.40. Following the transaction, the director directly owned 879 shares of the company's stock, valued at $259,920.30. The trade was a 74.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Laurie Siegel sold 2,572 shares of the business's stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $296.25, for a total value of $761,955.00. Following the completion of the sale, the director owned 1,037 shares of the company's stock, valued at $307,211.25. The trade was a 71.27% decrease in their position. The SEC filing for this sale provides additional information. 1.20% of the stock is currently owned by insiders.

FactSet Research Systems Stock Down 0.2%

Shares of FDS opened at $224.84 on Friday. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $474.79. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.54 and a quick ratio of 1.54. The stock has a 50 day simple moving average of $249.09 and a two-hundred day simple moving average of $284.26. The firm has a market cap of $8.34 billion, a P/E ratio of 14.30, a P/E/G ratio of 2.33 and a beta of 0.75.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its quarterly earnings results on Thursday, December 18th. The business services provider reported $4.51 EPS for the quarter, topping the consensus estimate of $4.36 by $0.15. FactSet Research Systems had a net margin of 25.40% and a return on equity of 30.49%. The firm had revenue of $607.62 million for the quarter, compared to the consensus estimate of $599.69 million. During the same period last year, the firm posted $4.37 earnings per share. The business's revenue was up 6.8% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems declared that its Board of Directors has approved a stock repurchase program on Thursday, December 18th that permits the company to repurchase $600.00 million in outstanding shares. This repurchase authorization permits the business services provider to repurchase up to 5.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, February 27th will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, February 27th. FactSet Research Systems's dividend payout ratio (DPR) is 27.99%.

Wall Street Analysts Forecast Growth

FDS has been the subject of several recent research reports. Royal Bank Of Canada reissued a "sector perform" rating and issued a $320.00 price objective on shares of FactSet Research Systems in a report on Friday, December 19th. Weiss Ratings reissued a "sell (d+)" rating on shares of FactSet Research Systems in a report on Monday, December 29th. The Goldman Sachs Group lowered their price target on shares of FactSet Research Systems from $282.00 to $253.00 and set a "sell" rating on the stock in a report on Friday, December 19th. Wells Fargo & Company lowered their target price on shares of FactSet Research Systems from $215.00 to $195.00 and set an "underweight" rating on the stock in a research note on Tuesday, February 17th. Finally, Evercore upped their price target on shares of FactSet Research Systems from $320.00 to $321.00 and gave the stock an "in-line" rating in a report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, nine have issued a Hold rating and six have issued a Sell rating to the company's stock. Based on data from MarketBeat, FactSet Research Systems has a consensus rating of "Reduce" and a consensus target price of $291.62.

About FactSet Research Systems

FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.

The company's core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.

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