FactSet Research Systems Inc. $FDS Stock Position Increased by Vident Advisory LLC

Key Points

• Vident Advisory LLC significantly increased its stake in FactSet Research Systems by 86.2%, acquiring a total of 2,376 shares worth approximately $1,080,000 as of the latest reporting period.
• Insider transactions show that EVP Christopher R. Ellis and CAO Gregory T. Moskoff sold a combined total of 10,106 shares recently, indicating a decrease of 24.10% and 98.27% in their respective positions.
• FactSet Research Systems is currently rated with a consensus of "Reduce" by analysts, with a target stock price around $444.25, after recent earnings reports showed a slight miss on EPS expectations.

Vident Advisory LLC raised its position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 86.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,376 shares of the business services provider's stock after purchasing an additional 1,100 shares during the period. Vident Advisory LLC's holdings in FactSet Research Systems were worth $1,080,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in FDS. Tudor Investment Corp ET AL boosted its stake in FactSet Research Systems by 4.6% during the fourth quarter. Tudor Investment Corp ET AL now owns 1,255 shares of the business services provider's stock worth $603,000 after buying an additional 55 shares during the period. Aptus Capital Advisors LLC purchased a new position in shares of FactSet Research Systems in the 4th quarter valued at $234,000. BNP Paribas Financial Markets grew its stake in shares of FactSet Research Systems by 94.8% during the 4th quarter. BNP Paribas Financial Markets now owns 81,364 shares of the business services provider's stock worth $39,078,000 after purchasing an additional 39,593 shares during the period. Benjamin Edwards Inc. grew its holdings in FactSet Research Systems by 28.3% in the 4th quarter. Benjamin Edwards Inc. now owns 1,962 shares of the business services provider's stock valued at $943,000 after buying an additional 433 shares during the period. Finally, Cary Street Partners Financial LLC purchased a new stake in shares of FactSet Research Systems during the 4th quarter valued at about $29,000. 91.24% of the stock is owned by institutional investors.

FactSet Research Systems Stock Performance

Shares of FDS stock traded up $3.87 during trading hours on Monday, hitting $374.88. The stock had a trading volume of 245,496 shares, compared to its average volume of 337,561. The stock's 50 day moving average is $404.74 and its 200 day moving average is $427.29. FactSet Research Systems Inc. has a twelve month low of $362.41 and a twelve month high of $499.87. The firm has a market capitalization of $14.17 billion, a PE ratio of 27.14, a PEG ratio of 2.32 and a beta of 0.84. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.47 and a quick ratio of 1.47.

FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its earnings results on Monday, June 23rd. The business services provider reported $4.27 earnings per share for the quarter, missing analysts' consensus estimates of $4.30 by ($0.03). FactSet Research Systems had a net margin of 23.30% and a return on equity of 31.59%. The firm had revenue of $585.52 million during the quarter, compared to analyst estimates of $580.70 million. During the same quarter in the previous year, the business posted $4.37 EPS. FactSet Research Systems's revenue was up 5.9% compared to the same quarter last year. FactSet Research Systems has set its FY 2025 guidance at 16.800-17.400 EPS. As a group, research analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Investors 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 1.2%. FactSet Research Systems's dividend payout ratio (DPR) is presently 31.79%.

Wall Street Analyst Weigh In

A number of research analysts have commented on FDS shares. BMO Capital Markets boosted their target price on FactSet Research Systems from $448.00 to $452.00 and gave the company a "market perform" rating in a research note on Friday, June 20th. Morgan Stanley increased their target price on FactSet Research Systems from $390.00 to $393.00 and gave the stock an "underweight" rating in a research note on Friday, June 20th. Wells Fargo & Company dropped their price objective on shares of FactSet Research Systems from $405.00 to $355.00 and set an "underweight" rating on the stock in a report on Friday. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $503.00 price target on shares of FactSet Research Systems in a report on Friday, June 20th. Finally, UBS Group reissued a "neutral" rating on shares of FactSet Research Systems in a research note on Friday, June 20th. Six research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, FactSet Research Systems presently has an average rating of "Reduce" and a consensus target price of $438.00.

Insider Buying and Selling

In related news, CAO Gregory T. Moskoff sold 2,500 shares of the business's stock in a transaction dated Wednesday, July 9th. The stock was 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 in the company, valued at approximately $19,474.40. The trade was a 98.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director James J. Mcgonigle sold 2,925 shares of the stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $451.39, for a total value of $1,320,315.75. Following the completion of the transaction, 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 disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,031 shares of company stock worth $5,825,481. Corporate insiders own 1.10% of the company's stock.

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.