New York State Teachers Retirement System Purchases 912 Shares of FactSet Research Systems Inc. $FDS

Key Points

• The New York State Teachers Retirement System increased its holdings in FactSet Research Systems Inc. by 2.9%, acquiring an additional 912 shares and bringing its total ownership to 32,617 shares valued at approximately $14.6 million.
• FactSet’s latest earnings report revealed an earnings per share (EPS) of $4.05, missing analysts' expectations of $4.13, while revenue increased by 6.2% year-over-year.
• The company declared a quarterly dividend of $1.10 per share, representing an annualized yield of 1.5%, with a payout ratio of 28.3%.

New York State Teachers Retirement System raised its position in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 32,617 shares of the business services provider's stock after buying an additional 912 shares during the period. New York State Teachers Retirement System owned 0.09% of FactSet Research Systems worth $14,589,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Truist Financial Corp boosted its position in FactSet Research Systems by 0.5% in the second quarter. Truist Financial Corp now owns 22,313 shares of the business services provider's stock worth $9,980,000 after purchasing an additional 114 shares during the last quarter. Vest Financial LLC raised its stake in shares of FactSet Research Systems by 8.8% during the 2nd quarter. Vest Financial LLC now owns 125,526 shares of the business services provider's stock worth $56,145,000 after purchasing an additional 10,172 shares during the period. Crossmark Global Holdings Inc. raised its stake in shares of FactSet Research Systems by 4.9% during the 1st 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. PineStone Asset Management Inc. boosted its holdings in shares of FactSet Research Systems by 8.8% in the 2nd quarter. PineStone Asset Management Inc. now owns 380,459 shares of the business services provider's stock worth $170,172,000 after buying an additional 30,881 shares during the last quarter. Finally, State of Alaska Department of Revenue grew its position in 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 valued at $6,569,000 after buying an additional 1,810 shares during the period. Hedge funds and other institutional investors own 91.24% of the company's stock.

FactSet Research Systems Stock Performance

NYSE:FDS opened at $286.81 on Friday. FactSet Research Systems Inc. has a 52-week low of $272.50 and a 52-week high of $499.87. The business's fifty day moving average is $333.08 and its 200 day moving average is $398.20. 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 market cap of $10.84 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 2.12 and a beta of 0.79.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $596.90 million during the quarter, compared to the consensus estimate of $593.32 million. During the same quarter last year, the business posted $3.74 earnings per share. FactSet Research Systems's 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. Research analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

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

Analyst Ratings Changes

A number of research firms have weighed in on FDS. Zacks Research cut shares of FactSet Research Systems from a "hold" rating to a "strong sell" rating in a research note on Tuesday, September 23rd. Raymond James Financial raised shares of FactSet Research Systems from an "underperform" rating to a "market perform" rating in a report on Thursday, June 26th. UBS Group raised FactSet Research Systems from a "neutral" rating to a "buy" rating and reduced their price objective for the company from $480.00 to $425.00 in a report on Monday, September 22nd. Rothschild Redb raised FactSet Research Systems from a "strong sell" rating to a "hold" rating in a research report on Friday, September 12th. Finally, BMO Capital Markets dropped their price target 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. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Reduce" and a consensus target price of $356.78.

Insider Buying and Selling

In related news, insider Christopher Mcloughlin purchased 338 shares of the firm's stock in a transaction dated Tuesday, September 23rd. The shares were purchased at an average price of $296.19 per share, with a total value of $100,112.22. Following the acquisition, the insider directly owned 3,446 shares of the company's stock, valued at approximately $1,020,670.74. This represents a 10.88% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Helen L. Shan acquired 370 shares of the stock in a transaction dated Monday, October 6th. The shares were bought at an average price of $275.48 per share, for a total transaction of $101,927.60. Following the transaction, the executive vice president owned 9,284 shares in the company, valued at approximately $2,557,556.32. This represents a 4.15% increase in their position. The disclosure for this purchase can be found here. 1.10% of the stock is owned by 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.

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