Stephens Inc. AR Cuts Holdings in FactSet Research Systems Inc. $FDS

Key Points

• Stephens Inc. AR reduced its holdings in FactSet Research Systems by 10.3%, now owning 7,697 shares valued at approximately $3.44 million.
• FactSet recently reported earnings of $4.05 per share, missing estimates by $0.08, but revenue increased by 6.2% year-over-year.
• The company declared a quarterly dividend of $1.10 per share, resulting in an annualized yield of 1.5%.

Stephens Inc. AR trimmed its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 10.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,697 shares of the business services provider's stock after selling 881 shares during the quarter. Stephens Inc. AR's holdings in FactSet Research Systems were worth $3,443,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of FDS. Wealth Enhancement Advisory Services LLC increased its holdings in FactSet Research Systems by 35.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,927 shares of the business services provider's stock valued at $2,695,000 after buying an additional 1,557 shares during the period. Blue Trust Inc. grew its holdings in FactSet Research Systems by 168.4% in the first quarter. Blue Trust Inc. now owns 204 shares of the business services provider's stock worth $93,000 after purchasing an additional 128 shares during the last quarter. GHP Investment Advisors Inc. grew its holdings in FactSet Research Systems by 38,850.0% in the first quarter. GHP Investment Advisors Inc. now owns 10,906 shares of the business services provider's stock worth $4,958,000 after purchasing an additional 10,878 shares during the last quarter. Asset Management One Co. Ltd. grew its holdings in FactSet Research Systems by 10.6% in the first quarter. Asset Management One Co. Ltd. now owns 15,749 shares of the business services provider's stock worth $7,160,000 after purchasing an additional 1,508 shares during the last quarter. Finally, Mattern Wealth Management LLC grew its holdings in FactSet Research Systems by 4.2% in the first quarter. Mattern Wealth Management LLC now owns 1,226 shares of the business services provider's stock worth $557,000 after purchasing an additional 49 shares during the last quarter. 91.24% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

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

FactSet Research Systems Price Performance

Shares of FDS opened at $289.54 on Thursday. The business's 50-day moving average is $328.09 and its two-hundred day moving average is $395.60. The company has a market capitalization of $10.86 billion, a P/E ratio of 18.62, a P/E/G ratio of 3.01 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. FactSet Research Systems Inc. has a fifty-two week low of $272.50 and a fifty-two week high of $499.87.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its quarterly earnings results on Thursday, September 18th. The business services provider reported $4.05 earnings per share for the quarter, missing the consensus estimate of $4.13 by ($0.08). The company had revenue of $596.90 million for the quarter, compared to analyst estimates of $593.32 million. FactSet Research Systems had a return on equity of 31.06% and a net margin of 25.72%.FactSet Research Systems's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $3.74 earnings per share. 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 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. BMO Capital Markets cut their price target 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. UBS Group raised shares of FactSet Research Systems from a "neutral" rating to a "buy" rating and cut their price target for the stock from $480.00 to $425.00 in a report on Monday, September 22nd. Zacks Research downgraded 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. Finally, Wells Fargo & Company dropped their price objective on shares of FactSet Research Systems from $355.00 to $296.00 and set an "underweight" rating on the stock in a report on Friday, September 19th. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, FactSet Research Systems has an average rating of "Reduce" and an average price target of $356.78.

About FactSet Research Systems

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.

Want to see what other hedge funds are holding FDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FactSet Research Systems Inc. (NYSE:FDS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.