Financial Strategies Group Inc. Takes Position in FactSet Research Systems Inc. $FDS

Financial Strategies Group Inc. bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 29,934 shares of the business services provider’s stock, valued at approximately $7,920,000. FactSet Research Systems accounts for 1.5% of Financial Strategies Group Inc.’s holdings, making the stock its 23rd biggest holding.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of FactSet Research Systems by 0.6% in the 2nd quarter. Vanguard Group Inc. now owns 4,825,198 shares of the business services provider’s stock worth $2,158,215,000 after purchasing an additional 29,844 shares during the period. State Street Corp boosted its holdings in FactSet Research Systems by 0.8% in the 2nd quarter. State Street Corp now owns 1,937,571 shares of the business services provider’s stock worth $866,637,000 after acquiring an additional 15,556 shares during the period. Loomis Sayles & Co. L P grew its position in FactSet Research Systems by 1.6% in the second quarter. Loomis Sayles & Co. L P now owns 1,508,052 shares of the business services provider’s stock valued at $674,522,000 after acquiring an additional 23,900 shares in the last quarter. Ninety One UK Ltd raised its stake in shares of FactSet Research Systems by 1.2% during the third quarter. Ninety One UK Ltd now owns 1,206,890 shares of the business services provider’s stock valued at $345,762,000 after purchasing an additional 14,256 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of FactSet Research Systems by 2.4% during the second quarter. Geode Capital Management LLC now owns 1,162,256 shares of the business services provider’s stock worth $518,683,000 after purchasing an additional 27,035 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Insider Transactions at FactSet Research Systems

In related news, EVP Goran Skoko acquired 500 shares of the company’s stock in a transaction dated Thursday, November 6th. The shares were bought at an average price of $252.93 per share, for a total transaction of $126,465.00. Following the acquisition, the executive vice president owned 9,192 shares in the company, valued at $2,324,932.56. This trade represents a 5.75% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laurie Siegel sold 2,572 shares of the business’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $296.25, for a total value of $761,955.00. Following the transaction, the director owned 1,037 shares in the company, valued at $307,211.25. This represents a 71.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.20% of the stock is currently owned by corporate insiders.

FactSet Research Systems Stock Up 0.4%

NYSE:FDS opened at $253.89 on Friday. The business’s fifty day moving average price is $285.19 and its 200 day moving average price is $315.74. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $9.42 billion, a price-to-earnings ratio of 16.15, a PEG ratio of 2.31 and a beta of 0.75. FactSet Research Systems Inc. has a 1-year low of $249.68 and a 1-year high of $477.92.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Thursday, December 18th. The business services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $599.69 million. During the same quarter last year, the firm earned $4.37 earnings per share. The business’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. On average, sell-side analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

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

FactSet Research Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Friday, November 28th were given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, November 28th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 27.99%.

Analyst Ratings Changes

A number of analysts have recently issued reports on FDS shares. Morgan Stanley set a $307.00 target price on FactSet Research Systems and gave the stock an “equal weight” rating in a research report on Wednesday, December 17th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of FactSet Research Systems in a report on Monday, December 29th. Wells Fargo & Company upped their target price on FactSet Research Systems from $260.00 to $265.00 and gave the company an “underweight” rating in a report on Wednesday, January 14th. The Goldman Sachs Group lowered their price target on shares of FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating for the company in a research report on Friday, December 19th. Finally, Stifel Nicolaus decreased their price objective on FactSet Research Systems from $372.00 to $295.00 and set a “hold” rating for the company in a report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $313.00.

FactSet Research Systems 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.