Atlas Legacy Advisors LLC Has $309,000 Holdings in FactSet Research Systems Inc. $FDS

Atlas Legacy Advisors LLC trimmed its stake in FactSet Research Systems Inc. (NYSE:FDS) by 24.9% in the second quarter, HoldingsChannel reports. The firm owned 691 shares of the business services provider’s stock after selling 229 shares during the period. Atlas Legacy Advisors LLC’s holdings in FactSet Research Systems were worth $309,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in FDS. Savant Capital LLC increased its position in FactSet Research Systems by 17.4% in the 2nd quarter. Savant Capital LLC now owns 674 shares of the business services provider’s stock valued at $302,000 after buying an additional 100 shares in the last quarter. Malaga Cove Capital LLC acquired a new stake in FactSet Research Systems in the second quarter valued at approximately $207,000. Sound Financial Strategies Group LLC bought a new stake in shares of FactSet Research Systems during the second quarter valued at approximately $696,000. Resona Asset Management Co. Ltd. raised its position in shares of FactSet Research Systems by 8.7% during the second quarter. Resona Asset Management Co. Ltd. now owns 17,438 shares of the business services provider’s stock worth $7,762,000 after purchasing an additional 1,397 shares during the period. Finally, Atlantic Union Bankshares Corp bought a new position in shares of FactSet Research Systems in the 2nd quarter worth $72,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Trading Up 3.5%

Shares of FDS opened at $262.60 on Friday. FactSet Research Systems Inc. has a fifty-two week low of $250.50 and a fifty-two week high of $499.87. The business has a 50-day moving average of $302.74 and a 200 day moving average of $383.03. The firm has a market cap of $9.83 billion, a P/E ratio of 16.89, a price-to-earnings-growth ratio of 2.73 and a beta of 0.77. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.40 and a current ratio of 1.40.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Thursday, September 18th. The business services provider reported $4.05 earnings per share (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 business had revenue of $596.90 million for the quarter, compared to the consensus estimate of $593.32 million. During the same period in the previous year, the firm earned $3.74 EPS. The company’s revenue was up 6.2% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, research analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Friday, November 28th will be given a $1.10 dividend. The ex-dividend date is Friday, November 28th. This represents a $4.40 annualized dividend and a yield of 1.7%. FactSet Research Systems’s payout ratio is 28.30%.

Insider Buying and Selling at FactSet Research Systems

In other FactSet Research Systems news, insider Christopher Mcloughlin purchased 338 shares of the business’s stock in a transaction on Tuesday, September 23rd. The stock was acquired at an average cost of $296.19 per share, for a total transaction of $100,112.22. Following the completion of the transaction, the insider directly owned 3,446 shares in the company, valued at approximately $1,020,670.74. This represents a 10.88% increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Helen L. Shan purchased 370 shares of the firm’s stock in a transaction on Monday, October 6th. The stock was bought at an average cost 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 trade represents a 4.15% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on FDS shares. BMO Capital Markets reduced their price objective on shares of FactSet Research Systems from $452.00 to $324.00 and set a “market perform” rating for the company in a report on Friday, September 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of FactSet Research Systems in a research note on Wednesday, October 8th. UBS Group raised FactSet Research Systems from a “neutral” rating to a “buy” rating and decreased their price objective for the stock from $480.00 to $425.00 in a report on Monday, September 22nd. Wells Fargo & Company dropped their target price on FactSet Research Systems from $355.00 to $296.00 and set an “underweight” rating on the stock in a report on Friday, September 19th. Finally, Evercore ISI decreased their price target on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating for the company in a report on Friday, September 19th. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Reduce” and a consensus price target of $356.78.

About FactSet Research Systems

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.