Malaga Cove Capital LLC Makes New Investment in FactSet Research Systems Inc. $FDS

Malaga Cove Capital LLC bought a new stake in FactSet Research Systems Inc. (NYSE:FDS) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 463 shares of the business services provider’s stock, valued at approximately $207,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in FDS. World Investment Advisors raised its position in FactSet Research Systems by 41.4% during the first quarter. World Investment Advisors now owns 761 shares of the business services provider’s stock valued at $346,000 after purchasing an additional 223 shares in the last quarter. Crossmark Global Holdings Inc. boosted its holdings in shares of FactSet Research Systems by 4.9% in the 1st quarter. Crossmark Global Holdings Inc. now owns 809 shares of the business services provider’s stock valued at $368,000 after purchasing an additional 38 shares in the last quarter. LBP AM SA increased its stake in shares of FactSet Research Systems by 3.2% in the 1st quarter. LBP AM SA now owns 8,442 shares of the business services provider’s stock valued at $3,838,000 after purchasing an additional 265 shares during the last quarter. Alps Advisors Inc. increased its stake in shares of FactSet Research Systems by 3.1% in the 1st quarter. Alps Advisors Inc. now owns 822 shares of the business services provider’s stock valued at $374,000 after purchasing an additional 25 shares during the last quarter. Finally, Xponance Inc. raised its holdings in shares of FactSet Research Systems by 2.3% during the 1st quarter. Xponance Inc. now owns 6,558 shares of the business services provider’s stock worth $2,982,000 after buying an additional 147 shares in the last quarter. Institutional investors own 91.24% of the company’s stock.

Insider Buying and Selling at FactSet Research Systems

In related news, insider Christopher Mcloughlin bought 338 shares of FactSet Research Systems stock in a transaction that occurred 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 completion of the acquisition, 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 position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Helen L. Shan acquired 370 shares of the stock in a transaction dated Monday, October 6th. The stock was acquired at an average cost of $275.48 per share, with a total value of $101,927.60. Following the completion of the transaction, the executive vice president owned 9,284 shares in the company, valued at approximately $2,557,556.32. This represents a 4.15% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 1.20% of the company’s stock.

FactSet Research Systems Stock Performance

NYSE:FDS opened at $262.60 on Friday. The stock 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 current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.63. The stock’s 50-day moving average is $302.74 and its 200-day moving average is $383.03. FactSet Research Systems Inc. has a 1-year low of $250.50 and a 1-year high of $499.87.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $593.32 million. During the same quarter last year, the business earned $3.74 EPS. The firm’s quarterly 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. Equities research analysts anticipate that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Friday, November 28th will be issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Friday, November 28th. FactSet Research Systems’s payout ratio is 28.30%.

Analysts Set New Price Targets

Several research firms recently weighed in on FDS. Evercore ISI reduced their price objective on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating on the stock in a research note on Friday, September 19th. Zacks Research cut shares of FactSet Research Systems from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 23rd. Morgan Stanley decreased their price target on shares of FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating on the stock in a report on Friday, September 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of FactSet Research Systems in a research report on Wednesday, October 8th. Finally, Barclays dropped their price objective on shares of FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating for the company in a research note on Friday, September 19th. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently 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.