Private Trust Co. NA Decreases Holdings in FactSet Research Systems Inc. $FDS

Private Trust Co. NA decreased its stake in FactSet Research Systems Inc. (NYSE:FDS) by 32.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 195 shares of the business services provider’s stock after selling 95 shares during the period. Private Trust Co. NA’s holdings in FactSet Research Systems were worth $87,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of FactSet Research Systems by 3.0% in the 1st quarter. Vanguard Group Inc. now owns 4,795,354 shares of the business services provider’s stock worth $2,180,160,000 after purchasing an additional 137,874 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in FactSet Research Systems by 4.4% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 528,045 shares of the business services provider’s stock worth $240,070,000 after buying an additional 22,458 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of FactSet Research Systems by 0.9% in the first quarter. JPMorgan Chase & Co. now owns 505,761 shares of the business services provider’s stock valued at $229,940,000 after buying an additional 4,693 shares during the period. Invesco Ltd. lifted its position in shares of FactSet Research Systems by 7.6% during the 1st quarter. Invesco Ltd. now owns 490,698 shares of the business services provider’s stock valued at $223,091,000 after buying an additional 34,549 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of FactSet Research Systems by 1.9% during the 1st quarter. Northern Trust Corp now owns 405,616 shares of the business services provider’s stock worth $184,409,000 after acquiring an additional 7,436 shares during the period. 91.24% of the stock is owned by institutional investors.

Insider Activity at FactSet Research Systems

In related news, insider Christopher Mcloughlin acquired 338 shares of the company’s 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 acquisition, the insider 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Helen L. Shan bought 370 shares of the business’s stock in a transaction that occurred on Monday, October 6th. The stock was bought at an average price of $275.48 per share, with a total value of $101,927.60. Following the completion of the transaction, the executive vice president directly owned 9,284 shares of the company’s stock, valued at $2,557,556.32. This represents a 4.15% increase in their position. The disclosure for this purchase can be found here. Insiders own 1.10% of the company’s stock.

FactSet Research Systems Trading Down 1.6%

FactSet Research Systems stock opened at $289.54 on Thursday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.47 and a current ratio of 1.40. FactSet Research Systems Inc. has a fifty-two week low of $272.50 and a fifty-two week high of $499.87. The stock has a market cap of $10.86 billion, a P/E ratio of 18.62, a PEG ratio of 3.01 and a beta of 0.79. The firm’s fifty day moving average price is $328.09 and its 200-day moving average price is $395.60.

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

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Investors 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 of this dividend was Friday, August 29th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 28.30%.

Analyst Upgrades and Downgrades

FDS has been the topic of several recent research reports. 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. 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. Rothschild & Co Redburn raised shares of FactSet Research Systems from a “sell” rating to a “neutral” rating and cut their price objective for the stock from $415.00 to $370.00 in a report on Friday, September 12th. Morgan Stanley reduced their price objective on shares of FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating for the company in a research note on Friday, September 19th. Finally, Barclays dropped their target price on FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating on the stock in a research report on Friday, September 19th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $356.78.

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.