Alberta Investment Management Corp Makes New $3.87 Million Investment in FactSet Research Systems Inc. $FDS

Alberta Investment Management Corp bought a new stake in FactSet Research Systems Inc. (NYSE:FDS) in the third quarter, Holdings Channel reports. The fund bought 13,500 shares of the business services provider’s stock, valued at approximately $3,868,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cullen Frost Bankers Inc. increased its position in shares of FactSet Research Systems by 4,300.0% in the second quarter. Cullen Frost Bankers Inc. now owns 88 shares of the business services provider’s stock worth $39,000 after acquiring an additional 86 shares in the last quarter. First Horizon Corp acquired a new position in FactSet Research Systems in the 3rd quarter worth about $25,000. Generali Investments Management Co LLC acquired a new stake in shares of FactSet Research Systems during the 2nd quarter valued at about $42,000. Winnow Wealth LLC bought a new stake in shares of FactSet Research Systems in the 3rd quarter valued at approximately $28,000. Finally, Geneos Wealth Management Inc. increased its holdings in FactSet Research Systems by 188.2% in the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock worth $45,000 after buying an additional 64 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on FDS. Bank of America initiated coverage on shares of FactSet Research Systems in a research note on Tuesday. They issued an “underperform” rating and a $195.00 price objective for the company. Wells Fargo & Company decreased their target price on FactSet Research Systems from $215.00 to $195.00 and set an “underweight” rating for the company in a research note on Tuesday. The Goldman Sachs Group dropped their price target on FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating on the stock in a research report on Friday, December 19th. Stifel Nicolaus decreased their price objective 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 report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have issued a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $298.54.

FactSet Research Systems Stock Up 0.4%

NYSE FDS opened at $198.72 on Friday. 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 firm has a market cap of $7.37 billion, a PE ratio of 12.64, a price-to-earnings-growth ratio of 2.04 and a beta of 0.73. FactSet Research Systems Inc. has a one year low of $185.00 and a one year high of $474.79. The stock’s 50 day simple moving average is $264.66 and its 200 day simple moving average is $296.04.

FactSet Research Systems (NYSE:FDS) last announced 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 net margin of 25.40% and a return on equity of 30.49%. The firm had revenue of $607.62 million for the quarter, compared to analysts’ expectations of $599.69 million. During the same period 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. As a group, sell-side analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

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

FactSet Research Systems declared that its board has initiated a share buyback plan on Thursday, December 18th that authorizes the company to buyback $600.00 million in outstanding shares. This buyback authorization authorizes the business services provider to buy up to 5.4% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Insider Activity

In other news, Director Malcolm Frank sold 2,572 shares of the stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $295.70, for a total value of $760,540.40. Following 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Laurie Siegel sold 2,572 shares of the firm’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 transaction, the director directly owned 1,037 shares in the company, valued at approximately $307,211.25. This represents a 71.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.20% of the stock is owned by insiders.

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.