Core Alternative Capital Has $2.27 Million Stock Position in FactSet Research Systems Inc. $FDS

Core Alternative Capital reduced its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 21.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,926 shares of the business services provider’s stock after selling 2,165 shares during the quarter. Core Alternative Capital’s holdings in FactSet Research Systems were worth $2,271,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Truist Financial Corp grew its stake in FactSet Research Systems by 0.5% in the second quarter. Truist Financial Corp now owns 22,313 shares of the business services provider’s stock valued at $9,980,000 after purchasing an additional 114 shares in the last quarter. Vest Financial LLC grew its stake in shares of FactSet Research Systems by 8.8% in the second quarter. Vest Financial LLC now owns 125,526 shares of the business services provider’s stock valued at $56,145,000 after buying an additional 10,172 shares in the last quarter. J. W. Coons Advisors LLC grew its stake in shares of FactSet Research Systems by 139.8% in the second quarter. J. W. Coons Advisors LLC now owns 3,465 shares of the business services provider’s stock valued at $1,550,000 after buying an additional 2,020 shares in the last quarter. Investment House LLC acquired a new position in FactSet Research Systems during the third quarter worth $2,951,000. Finally, Nordea Investment Management AB raised its position in FactSet Research Systems by 2.1% during the third quarter. Nordea Investment Management AB now owns 354,387 shares of the business services provider’s stock worth $100,883,000 after acquiring an additional 7,167 shares in the last quarter. Institutional investors own 91.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on FDS shares. Morgan Stanley set a $307.00 price objective on shares of FactSet Research Systems and gave the company an “equal weight” rating in a research report on Wednesday, December 17th. Zacks Research upgraded FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Raymond James Financial reaffirmed a “market perform” rating on shares of FactSet Research Systems in a research report on Thursday, December 18th. Stifel Nicolaus decreased their target price on FactSet Research Systems from $372.00 to $295.00 and set a “hold” rating on the stock in a report on Friday, December 19th. Finally, UBS Group restated a “buy” rating on shares of FactSet Research Systems in a research note on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have assigned a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Reduce” and a consensus price target of $313.00.

Insider Transactions at FactSet Research Systems

In related news, Director Malcolm Frank sold 2,572 shares of the firm’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $295.70, for a total value of $760,540.40. Following the transaction, the director owned 879 shares in the company, valued at approximately $259,920.30. This trade represents a 74.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Laurie Siegel sold 2,572 shares of the company’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $296.25, for a total transaction of $761,955.00. Following the sale, the director directly owned 1,037 shares of the company’s stock, valued at $307,211.25. This represents a 71.27% decrease in their position. The SEC filing for this sale provides additional information. 1.20% of the stock is currently owned by insiders.

FactSet Research Systems Stock Down 6.1%

FDS stock opened at $268.83 on Wednesday. FactSet Research Systems Inc. has a fifty-two week low of $250.50 and a fifty-two week high of $477.92. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.54 and a quick ratio of 1.54. The stock has a market capitalization of $9.97 billion, a price-to-earnings ratio of 17.10, a PEG ratio of 2.61 and a beta of 0.75. The business’s fifty day moving average price is $286.02 and its two-hundred day moving average price is $318.66.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Thursday, December 18th. The business services provider reported $4.51 EPS for the quarter, beating the consensus estimate of $4.36 by $0.15. FactSet Research Systems had a net margin of 25.40% and a return on equity of 30.49%. The business 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 company posted $4.37 earnings per share. FactSet Research Systems’s revenue was up 6.8% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, equities analysts anticipate that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Friday, November 28th were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Friday, November 28th. FactSet Research Systems’s dividend payout ratio is presently 27.99%.

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

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.