FactSet Research Systems Inc. $FDS Shares Bought by Copeland Capital Management LLC

Copeland Capital Management LLC grew its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 24.6% in the third quarter, Holdings Channel reports. The institutional investor owned 72,369 shares of the business services provider’s stock after acquiring an additional 14,268 shares during the quarter. Copeland Capital Management LLC’s holdings in FactSet Research Systems were worth $20,733,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. ORG Partners LLC grew its stake in FactSet Research Systems by 13.9% in the 2nd quarter. ORG Partners LLC now owns 205 shares of the business services provider’s stock valued at $93,000 after acquiring an additional 25 shares during the period. Valmark Advisers Inc. lifted its holdings in FactSet Research Systems by 1.3% during the second quarter. Valmark Advisers Inc. now owns 1,970 shares of the business services provider’s stock valued at $881,000 after purchasing an additional 26 shares in the last quarter. Huntington National Bank grew its position in shares of FactSet Research Systems by 10.0% in the second quarter. Huntington National Bank now owns 320 shares of the business services provider’s stock valued at $143,000 after purchasing an additional 29 shares during the period. Daiwa Securities Group Inc. increased its stake in shares of FactSet Research Systems by 0.4% during the second quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider’s stock worth $3,071,000 after purchasing an additional 30 shares in the last quarter. Finally, Claret Asset Management Corp increased its stake in shares of FactSet Research Systems by 7.0% during the second quarter. Claret Asset Management Corp now owns 532 shares of the business services provider’s stock worth $238,000 after purchasing an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Raymond James Financial reiterated a “market perform” rating on shares of FactSet Research Systems in a report on Thursday, December 18th. Evercore ISI decreased their target price on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating on the stock in a research report on Friday, September 19th. UBS Group reiterated a “buy” rating on shares of FactSet Research Systems in a research report on Friday, December 19th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $320.00 price objective on shares of FactSet Research Systems in a research note on Friday, December 19th. Finally, Barclays lowered their target price on shares of FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating on the stock in a research note on Friday, September 19th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $313.17.

FactSet Research Systems Price Performance

NYSE:FDS opened at $293.20 on Tuesday. FactSet Research Systems Inc. has a one year low of $250.50 and a one year high of $487.40. The stock has a market cap of $10.97 billion, a PE ratio of 18.65, a P/E/G ratio of 2.67 and a beta of 0.75. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.40 and a current ratio of 1.54. The stock has a 50 day moving average price of $279.78 and a 200 day moving average price of $340.83.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Thursday, December 18th. The business services provider reported $4.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.36 by $0.15. FactSet Research Systems had a return on equity of 30.49% and a net margin of 25.40%.The company had revenue of $607.62 million during the quarter, compared to analysts’ expectations of $599.69 million. During the same period in the prior year, the business earned $4.37 EPS. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Equities research analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Friday, November 28th were paid a dividend of $1.10 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a $4.40 dividend on an annualized basis and a yield of 1.5%. FactSet Research Systems’s payout ratio is 27.99%.

FactSet Research Systems declared that its Board of Directors has approved a stock buyback plan on Thursday, December 18th that allows the company to repurchase $600.00 million in outstanding shares. This repurchase authorization allows the business services provider to buy up to 5.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its stock is undervalued.

Insider Activity

In other news, EVP Goran Skoko purchased 500 shares of FactSet Research Systems stock in a transaction dated Thursday, November 6th. The shares were purchased at an average price of $252.93 per share, with a total value of $126,465.00. Following the transaction, the executive vice president owned 9,192 shares in the company, valued at $2,324,932.56. This represents a 5.75% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Helen L. Shan acquired 370 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The stock was acquired at an average price of $275.48 per share, for a total transaction of $101,927.60. Following the completion of the acquisition, the executive vice president directly owned 9,284 shares of the company’s stock, valued at $2,557,556.32. The trade was a 4.15% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 1.20% of the company’s stock.

FactSet Research Systems Company Profile

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.