FactSet Research Systems (NYSE:FDS) Director Sells $760,540.40 in Stock

FactSet Research Systems Inc. (NYSE:FDS) Director Malcolm Frank sold 2,572 shares of FactSet Research Systems stock in a transaction on Monday, January 12th. The stock was sold at an average price of $295.70, for a total transaction of $760,540.40. Following the transaction, the director directly owned 879 shares of the company’s stock, valued at $259,920.30. The trade was a 74.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

FactSet Research Systems Price Performance

FDS stock opened at $289.12 on Friday. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.63. FactSet Research Systems Inc. has a 12 month low of $250.50 and a 12 month high of $477.92. The stock has a market cap of $10.73 billion, a PE ratio of 18.39, a P/E/G ratio of 2.64 and a beta of 0.75. The company has a 50-day moving average price of $284.51 and a 200 day moving average price of $328.47.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Thursday, December 18th. The business services provider reported $4.51 earnings per share for the quarter, topping 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 firm had revenue of $607.62 million for the quarter, compared to the consensus estimate of $599.69 million. During the same period in the prior year, the business posted $4.37 earnings per share. The company’s revenue for the quarter 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 anticipate 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 disclosed a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Friday, November 28th were given a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Friday, November 28th. FactSet Research Systems’s payout ratio is 27.99%.

FactSet Research Systems declared that its Board of Directors has approved a share buyback program on Thursday, December 18th that authorizes the company to repurchase $600.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to repurchase up to 5.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. The Goldman Sachs Group dropped their price objective on FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating on the stock in a research note on Friday, December 19th. Wells Fargo & Company raised their price target on FactSet Research Systems from $260.00 to $265.00 and gave the company an “underweight” rating in a research note on Wednesday. Royal Bank Of Canada reaffirmed 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. UBS Group reissued a “buy” rating on shares of FactSet Research Systems in a research report on Friday, December 19th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $305.00 price objective on shares of FactSet Research Systems in a research note on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $313.00.

Hedge Funds Weigh In On FactSet Research Systems

A number of large investors have recently added to or reduced their stakes in the company. First Horizon Corp bought a new stake in shares of FactSet Research Systems in the 3rd quarter valued at about $25,000. Winnow Wealth LLC acquired a new stake in FactSet Research Systems in the third quarter valued at approximately $28,000. BOKF NA grew its holdings in FactSet Research Systems by 5,100.0% in the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after purchasing an additional 102 shares during the last quarter. Covestor Ltd increased its position in shares of FactSet Research Systems by 53.4% during the third quarter. Covestor Ltd now owns 112 shares of the business services provider’s stock worth $33,000 after purchasing an additional 39 shares in the last quarter. Finally, Board of the Pension Protection Fund purchased a new stake in shares of FactSet Research Systems during the 4th quarter valued at $35,000. 91.24% of the stock is currently owned by institutional investors.

About FactSet Research Systems

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.