Van Lanschot Kempen Investment Management N.V. Purchases 1,623 Shares of FactSet Research Systems Inc. $FDS

Key Points

• Van Lanschot Kempen Investment Management N.V. raised its position in FactSet Research Systems by 13.5%, holding a total of 13,636 shares worth approximately $6.2 million.
• FactSet reported earnings of $4.27 per share for the quarter, missing the expected $4.30, but showing a 5.9% revenue increase year-over-year.
• The company announced a quarterly dividend of $1.10 to be paid on September 18th, with a 1.2% dividend yield and a payout ratio of 31.79%.

Van Lanschot Kempen Investment Management N.V. increased its holdings in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 13.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,636 shares of the business services provider's stock after acquiring an additional 1,623 shares during the period. Van Lanschot Kempen Investment Management N.V.'s holdings in FactSet Research Systems were worth $6,199,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of FDS. SouthState Corp grew its holdings in shares of FactSet Research Systems by 1,400.0% in the first quarter. SouthState Corp now owns 60 shares of the business services provider's stock valued at $27,000 after acquiring an additional 56 shares in the last quarter. Cary Street Partners Financial LLC bought a new position in FactSet Research Systems during the fourth quarter valued at $29,000. Caitong International Asset Management Co. Ltd grew its holdings in FactSet Research Systems by 4,200.0% during the first quarter. Caitong International Asset Management Co. Ltd now owns 86 shares of the business services provider's stock valued at $39,000 after purchasing an additional 84 shares during the period. American National Bank & Trust bought a new position in FactSet Research Systems during the first quarter valued at $44,000. Finally, Bank of Jackson Hole Trust grew its holdings in FactSet Research Systems by 187.9% during the first quarter. Bank of Jackson Hole Trust now owns 95 shares of the business services provider's stock valued at $44,000 after purchasing an additional 62 shares during the period. 91.24% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on FDS. Morgan Stanley increased their price objective on FactSet Research Systems from $390.00 to $393.00 and gave the company an "underweight" rating in a report on Friday, June 20th. Wells Fargo & Company increased their price objective on FactSet Research Systems from $402.00 to $405.00 and gave the company an "underweight" rating in a report on Friday, June 20th. Evercore ISI lowered their price target on shares of FactSet Research Systems from $470.00 to $448.00 and set an "in-line" rating on the stock in a research report on Monday, June 16th. UBS Group reissued a "neutral" rating on shares of FactSet Research Systems in a research report on Friday, June 20th. Finally, Royal Bank Of Canada reissued a "sector perform" rating and issued a $503.00 price target on shares of FactSet Research Systems in a research report on Friday, June 20th. Six equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus price target of $444.25.

FactSet Research Systems Price Performance

FDS stock traded up $2.8090 during mid-day trading on Monday, hitting $384.4290. 145,497 shares of the stock were exchanged, compared to its average volume of 334,555. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.47 and a quick ratio of 1.47. The business has a fifty day moving average price of $416.06 and a 200 day moving average price of $433.27. FactSet Research Systems Inc. has a 12 month low of $365.76 and a 12 month high of $499.87. The stock has a market capitalization of $14.54 billion, a price-to-earnings ratio of 27.80, a PEG ratio of 2.49 and a beta of 0.83.

FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its quarterly earnings results on Monday, June 23rd. The business services provider reported $4.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.30 by ($0.03). FactSet Research Systems had a return on equity of 31.59% and a net margin of 23.30%.The firm had revenue of $585.52 million for the quarter, compared to the consensus estimate of $580.70 million. During the same period last year, the firm earned $4.37 EPS. The company's revenue for the quarter was up 5.9% on a year-over-year basis. FactSet Research Systems has set its FY 2025 guidance at 16.800-17.400 EPS. On average, sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Friday, August 29th will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $4.40 annualized dividend and a yield of 1.1%. FactSet Research Systems's payout ratio is 31.79%.

Insiders Place Their Bets

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 2,500 shares of FactSet Research Systems stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $442.60, for a total transaction of $1,106,500.00. Following the completion of the sale, the chief accounting officer owned 44 shares of the company's stock, valued at $19,474.40. The trade was a 98.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Christopher R. Ellis sold 7,606 shares of FactSet Research Systems stock in a transaction dated Tuesday, July 8th. The stock was sold at an average price of $446.84, for a total value of $3,398,665.04. Following the sale, the executive vice president directly owned 23,952 shares of the company's stock, valued at approximately $10,702,711.68. This trade represents a 24.10% decrease in their position. 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 over the last 90 days. 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.