ProShare Advisors LLC Has $117.19 Million Stake in FactSet Research Systems Inc. $FDS

ProShare Advisors LLC boosted its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 6.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 409,052 shares of the business services provider’s stock after buying an additional 25,509 shares during the period. ProShare Advisors LLC owned approximately 1.09% of FactSet Research Systems worth $117,189,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of FactSet Research Systems by 57.0% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 829,174 shares of the business services provider’s stock worth $370,873,000 after purchasing an additional 301,129 shares during the last quarter. Invesco Ltd. boosted its holdings in FactSet Research Systems by 39.2% during the second quarter. Invesco Ltd. now owns 683,146 shares of the business services provider’s stock worth $305,558,000 after buying an additional 192,448 shares during the last quarter. PFG Advisors boosted its holdings in FactSet Research Systems by 4,209.8% during the second quarter. PFG Advisors now owns 192,000 shares of the business services provider’s stock worth $85,878,000 after buying an additional 187,545 shares during the last quarter. Assenagon Asset Management S.A. grew its position in shares of FactSet Research Systems by 7,507.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 107,119 shares of the business services provider’s stock worth $30,689,000 after buying an additional 105,711 shares during the period. Finally, Y Intercept Hong Kong Ltd increased its stake in shares of FactSet Research Systems by 1,605.8% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 81,075 shares of the business services provider’s stock valued at $23,227,000 after acquiring an additional 76,322 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on FDS shares. The Goldman Sachs Group decreased their price objective on shares of FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating for the company in a report on Friday, December 19th. UBS Group reissued a “buy” rating on shares of FactSet Research Systems in a report on Friday, December 19th. BMO Capital Markets dropped their price objective on FactSet Research Systems from $311.00 to $305.00 and set a “market perform” rating on the stock in a research note on Monday, December 22nd. Evercore lifted their target price on FactSet Research Systems from $320.00 to $321.00 and gave the stock an “in-line” rating in a report on Thursday, January 8th. Finally, Stifel Nicolaus lowered their price target 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 equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have given a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, FactSet Research Systems has an average rating of “Reduce” and an average target price of $308.83.

Insider Activity

In other news, Director Laurie Siegel sold 2,572 shares of the company’s stock in a transaction that occurred on 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 owned 1,037 shares in the company, valued at $307,211.25. This represents a 71.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Malcolm Frank sold 2,572 shares of the firm’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $295.70, for a total transaction of $760,540.40. Following the completion of the transaction, the director directly owned 879 shares of the company’s stock, valued at $259,920.30. This represents a 74.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.20% of the company’s stock.

FactSet Research Systems Price Performance

Shares of FDS opened at $203.07 on Tuesday. The stock has a market capitalization of $7.53 billion, a P/E ratio of 12.92, a P/E/G ratio of 1.90 and a beta of 0.73. FactSet Research Systems Inc. has a twelve month low of $201.50 and a twelve month high of $474.79. The company has a 50 day moving average of $278.32 and a 200-day moving average of $306.23. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.63.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, December 18th. The business services provider reported $4.51 EPS for the quarter, topping analysts’ consensus estimates of $4.36 by $0.15. The business had revenue of $607.62 million for the quarter, compared to analyst estimates of $599.69 million. FactSet Research Systems had a net margin of 25.40% and a return on equity of 30.49%. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.37 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, equities research analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 27th will be given a $1.10 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.2%. FactSet Research Systems’s payout ratio is currently 27.99%.

FactSet Research Systems declared that its Board of Directors has approved a share repurchase plan on Thursday, December 18th that permits the company to repurchase $600.00 million in shares. This repurchase authorization permits 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 board of directors believes its stock is undervalued.

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.