FactSet Research Systems Inc. $FDS Shares Bought by PineStone Asset Management Inc.

PineStone Asset Management Inc. boosted its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 8.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 380,459 shares of the business services provider’s stock after buying an additional 30,881 shares during the quarter. FactSet Research Systems accounts for about 1.1% of PineStone Asset Management Inc.’s investment portfolio, making the stock its 25th largest position. PineStone Asset Management Inc. owned approximately 1.01% of FactSet Research Systems worth $170,172,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of FDS. GAMMA Investing LLC grew its holdings in shares of FactSet Research Systems by 40,436.2% in the 1st quarter. GAMMA Investing LLC now owns 430,089 shares of the business services provider’s stock worth $195,536,000 after acquiring an additional 429,028 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of FactSet Research Systems by 3.0% during the first quarter. Vanguard Group Inc. now owns 4,795,354 shares of the business services provider’s stock valued at $2,180,160,000 after buying an additional 137,874 shares in the last quarter. Nuveen LLC acquired a new position in shares of FactSet Research Systems in the 1st quarter valued at about $54,148,000. Vest Financial LLC purchased a new stake in FactSet Research Systems in the 1st quarter worth approximately $52,445,000. Finally, Millennium Management LLC boosted its stake in shares of FactSet Research Systems by 58.6% during the 1st quarter. Millennium Management LLC now owns 110,409 shares of the business services provider’s stock valued at $50,196,000 after buying an additional 40,800 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

Wall Street Analysts Forecast Growth

FDS has been the subject of a number of recent research reports. Rothschild Redb raised FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research note on Friday, September 12th. Rothschild & Co Redburn raised shares of FactSet Research Systems from a “sell” rating to a “neutral” rating and reduced their price objective for the company from $415.00 to $370.00 in a research note on Friday, September 12th. Stifel Nicolaus cut their target price on FactSet Research Systems from $464.00 to $372.00 and set a “hold” rating on the stock in a report on Friday, September 19th. Raymond James Financial raised shares of FactSet Research Systems from an “underperform” rating to a “market perform” rating in a report on Thursday, June 26th. Finally, Evercore ISI dropped their price target on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating on the stock in a research report on Friday, September 19th. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and six have given a Sell rating to the company. According to MarketBeat, FactSet Research Systems has an average rating of “Reduce” and a consensus price target of $359.10.

Insider Buying and Selling

In related news, insider Christopher Mcloughlin purchased 338 shares of the stock in a transaction dated Tuesday, September 23rd. The stock was bought at an average cost of $296.19 per share, with a total value of $100,112.22. Following the purchase, the insider directly owned 3,446 shares in the company, valued at $1,020,670.74. The trade was a 10.88% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Gregory T. Moskoff sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $442.60, for a total transaction of $1,106,500.00. Following the transaction, the chief accounting officer owned 44 shares of the company’s stock, valued at approximately $19,474.40. This represents a 98.27% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 13,031 shares of company stock worth $5,825,481. Company insiders own 1.10% of the company’s stock.

FactSet Research Systems Stock Performance

Shares of NYSE:FDS opened at $283.77 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.47 and a current ratio of 1.40. The firm has a market cap of $10.73 billion, a PE ratio of 18.25, a price-to-earnings-growth ratio of 2.11 and a beta of 0.84. The business has a fifty day moving average of $372.48 and a 200-day moving average of $415.76. FactSet Research Systems Inc. has a twelve month low of $282.01 and a twelve month high of $499.87.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, September 18th. The business services provider reported $4.05 EPS for the quarter, missing analysts’ consensus estimates of $4.13 by ($0.08). FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The firm had revenue of $596.90 million during the quarter, compared to the consensus estimate of $593.32 million. During the same quarter in the previous year, the business posted $3.74 earnings per share. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, equities research analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Friday, August 29th were paid a $1.10 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $4.40 dividend on an annualized basis and a yield of 1.6%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 28.30%.

FactSet Research Systems Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.