Whittier Trust Co. Increases Holdings in FactSet Research Systems Inc. $FDS

Whittier Trust Co. grew its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 2.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,774 shares of the business services provider’s stock after buying an additional 491 shares during the quarter. Whittier Trust Co. owned 0.05% of FactSet Research Systems worth $9,291,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Alps Advisors Inc. raised its position in shares of FactSet Research Systems by 3.1% during the 1st quarter. Alps Advisors Inc. now owns 822 shares of the business services provider’s stock valued at $374,000 after buying an additional 25 shares in the last quarter. Integrated Investment Consultants LLC raised its position in shares of FactSet Research Systems by 0.8% during the 1st quarter. Integrated Investment Consultants LLC now owns 3,056 shares of the business services provider’s stock valued at $1,389,000 after buying an additional 25 shares in the last quarter. Horizon Investments LLC raised its position in shares of FactSet Research Systems by 4.8% during the 1st quarter. Horizon Investments LLC now owns 544 shares of the business services provider’s stock valued at $247,000 after buying an additional 25 shares in the last quarter. ORG Partners LLC raised its position in shares of FactSet Research Systems by 13.9% during the 2nd quarter. ORG Partners LLC now owns 205 shares of the business services provider’s stock valued at $93,000 after buying an additional 25 shares in the last quarter. Finally, Valmark Advisers Inc. raised its position in shares of FactSet Research Systems by 1.3% during the 2nd quarter. Valmark Advisers Inc. now owns 1,970 shares of the business services provider’s stock valued at $881,000 after buying an additional 26 shares in the last quarter. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

FactSet Research Systems Price Performance

Shares of FDS stock opened at $294.36 on Wednesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.40 and a quick ratio of 1.47. The company has a market capitalization of $11.04 billion, a P/E ratio of 18.93, a P/E/G ratio of 2.15 and a beta of 0.79. The company’s 50-day simple moving average is $329.82 and its two-hundred day simple moving average is $396.34. FactSet Research Systems Inc. has a one year low of $272.50 and a one year high of $499.87.

FactSet Research Systems (NYSE:FDS) last issued its earnings results 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). The company had revenue of $596.90 million during the quarter, compared to the consensus estimate of $593.32 million. FactSet Research Systems had a return on equity of 31.06% and a net margin of 25.72%.FactSet Research Systems’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.74 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, equities analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Friday, August 29th were paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Friday, August 29th. FactSet Research Systems’s dividend payout ratio is currently 28.30%.

Insider Transactions at FactSet Research Systems

In related news, insider Christopher Mcloughlin bought 338 shares of the company’s stock in a transaction on Tuesday, September 23rd. The shares were acquired at an average cost of $296.19 per share, for a total transaction of $100,112.22. Following the purchase, the insider directly owned 3,446 shares of the company’s stock, valued at approximately $1,020,670.74. The trade was a 10.88% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Helen L. Shan bought 370 shares of the company’s stock in a transaction on Monday, October 6th. The stock was bought at an average price of $275.48 per share, for a total transaction of $101,927.60. Following the completion of the purchase, the executive vice president directly owned 9,284 shares in the company, valued at approximately $2,557,556.32. This represents a 4.15% increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on FDS shares. Evercore ISI reduced their price objective on shares of 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. Morgan Stanley reduced their price objective on shares of FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating on the stock in a research report on Friday, September 19th. Weiss Ratings reissued a “hold (c-)” rating on shares of FactSet Research Systems in a research report on Wednesday, October 8th. Raymond James Financial raised shares of FactSet Research Systems from an “underperform” rating to a “market perform” rating in a research report on Thursday, June 26th. Finally, Zacks Research lowered shares of FactSet Research Systems from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 23rd. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $356.78.

FactSet Research Systems Company 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.