Aberdeen Group plc increased its position in FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 13.1% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 34,595 shares of the business services provider’s stock after purchasing an additional 4,020 shares during the period. Aberdeen Group plc owned 0.09% of FactSet Research Systems worth $15,337,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. SouthState Corp boosted its position in shares of FactSet Research Systems by 1,400.0% in the 1st quarter. SouthState Corp now owns 60 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 56 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in shares of FactSet Research Systems by 4,200.0% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 86 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 84 shares during the period. WPG Advisers LLC acquired a new stake in shares of FactSet Research Systems in the 1st quarter valued at about $41,000. Bank of Jackson Hole Trust boosted its position in shares of FactSet Research Systems by 187.9% in the 1st quarter. Bank of Jackson Hole Trust now owns 95 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 62 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in shares of FactSet Research Systems by 188.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 64 shares during the period. 91.24% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the company. UBS Group raised FactSet Research Systems from a “neutral” rating to a “buy” rating and decreased their target price for the company from $480.00 to $425.00 in a research report on Monday, September 22nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of FactSet Research Systems in a research note on Wednesday, October 8th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $503.00 price objective on shares of FactSet Research Systems in a research note on Friday, June 20th. Barclays reduced their price objective on 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. Finally, Stifel Nicolaus reduced their price objective on FactSet Research Systems from $464.00 to $372.00 and set a “hold” rating for the company in a research note on Friday, September 19th. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat.com, FactSet Research Systems currently has an average rating of “Reduce” and a consensus target price of $356.78.
FactSet Research Systems Stock Performance
Shares of FDS stock opened at $285.63 on Wednesday. The company has a market cap of $10.80 billion, a price-to-earnings ratio of 18.37, a price-to-earnings-growth ratio of 2.11 and a beta of 0.79. The stock has a 50 day simple moving average of $339.31 and a 200-day simple moving average of $401.76. FactSet Research Systems Inc. has a 12-month low of $272.50 and a 12-month high of $499.87. The company has a current ratio of 1.40, a quick ratio of 1.47 and a debt-to-equity ratio of 0.63.
FactSet Research Systems (NYSE:FDS – Get Free Report) 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). The business had revenue of $596.90 million for the quarter, compared to analysts’ expectations of $593.32 million. FactSet Research Systems had a return on equity of 31.06% and a net margin of 25.72%.The business’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the company posted $3.74 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, equities analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.
FactSet Research Systems Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Friday, August 29th were paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, August 29th. FactSet Research Systems’s dividend payout ratio is 28.30%.
Insider Buying and Selling
In other FactSet Research Systems news, insider Christopher Mcloughlin bought 338 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The stock was acquired at an average cost of $296.19 per share, with a total value of $100,112.22. Following the purchase, the insider 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 document filed with the SEC, which is accessible through the SEC website. Also, EVP Helen L. Shan purchased 370 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was purchased at an average price of $275.48 per share, for a total transaction of $101,927.60. Following the acquisition, the executive vice president 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. The disclosure for this purchase can be found here. Corporate insiders own 1.10% of the company’s stock.
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.
Read More
- Five stocks we like better than FactSet Research Systems
- Bank Stocks – Best Bank Stocks to Invest In
- After Gold Blast Soars Past $4,000, BofA Eyes $5,000 in 2026
- Technology Stocks Explained: Here’s What to Know About Tech
- Buyback Boom: 3 Companies Betting Big on Themselves
- What Are Growth Stocks and Investing in Them
- Analysts Flock to Upgrade DELL After Big AI-Server Guidance Boost
Want to see what other hedge funds are holding FDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FactSet Research Systems Inc. (NYSE:FDS – Free Report).
Receive News & Ratings for FactSet Research Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FactSet Research Systems and related companies with MarketBeat.com's FREE daily email newsletter.