Andra AP fonden raised its position in shares of FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 637.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,611 shares of the business services provider’s stock after buying an additional 9,172 shares during the quarter. Andra AP fonden’s holdings in FactSet Research Systems were worth $3,040,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Jones Financial Companies Lllp boosted its stake in FactSet Research Systems by 5.6% during the first quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock worth $785,000 after acquiring an additional 91 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of FactSet Research Systems by 27.6% during the first quarter. Empowered Funds LLC now owns 972 shares of the business services provider’s stock valued at $442,000 after purchasing an additional 210 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of FactSet Research Systems by 188.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock worth $45,000 after purchasing an additional 64 shares in the last quarter. Bessemer Group Inc. boosted its position in shares of FactSet Research Systems by 22.6% in the 2nd quarter. Bessemer Group Inc. now owns 1,442 shares of the business services provider’s stock worth $645,000 after purchasing an additional 266 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd boosted its position in shares of FactSet Research Systems by 221.4% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 4,753 shares of the business services provider’s stock worth $2,126,000 after purchasing an additional 3,274 shares in the last quarter. 91.24% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other FactSet Research Systems news, Director Malcolm Frank sold 2,572 shares of the stock in a transaction that occurred on 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 in the company, valued at approximately $259,920.30. This trade represents a 74.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Laurie Siegel sold 2,572 shares of the business’s stock in a transaction on Thursday, January 8th. The shares were 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 approximately $307,211.25. The trade was a 71.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.20% of the company’s stock.
FactSet Research Systems Price Performance
FactSet Research Systems (NYSE:FDS – Get Free Report) last posted its quarterly earnings data on Thursday, December 18th. The business services provider reported $4.51 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 company had revenue of $607.62 million during the quarter, compared to analysts’ expectations of $599.69 million. During the same quarter in the prior year, the business earned $4.37 earnings per share. FactSet Research Systems’s revenue for the quarter 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 predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.
FactSet Research Systems announced that its board has initiated a stock buyback plan on Thursday, December 18th that authorizes the company to buyback $600.00 million in shares. This buyback authorization authorizes the business services provider to buy up to 5.4% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.
FactSet Research Systems Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, February 27th will be paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, February 27th. FactSet Research Systems’s dividend payout ratio is 27.99%.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the company. Wolfe Research reaffirmed an “underperform” rating and set a $290.00 price objective on shares of FactSet Research Systems in a research report on Friday, November 14th. Morgan Stanley set a $307.00 price target on FactSet Research Systems and gave the company an “equal weight” rating in a report on Wednesday, December 17th. Barclays lowered their price target on FactSet Research Systems from $300.00 to $210.00 and set an “underweight” rating for the company in a research report on Monday, February 23rd. Jefferies Financial Group reissued a “hold” rating and set a $305.00 price objective on shares of FactSet Research Systems in a research 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 investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have given a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $291.62.
Check Out Our Latest Research Report on FDS
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.
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