FactSet Research Systems Inc. $FDS Shares Bought by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC boosted its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 0.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,418 shares of the business services provider’s stock after acquiring an additional 98 shares during the quarter. Chevy Chase Trust Holdings LLC owned about 0.05% of FactSet Research Systems worth $9,133,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Alps Advisors Inc. increased its stake in FactSet Research Systems by 3.1% during the first quarter. Alps Advisors Inc. now owns 822 shares of the business services provider’s stock worth $374,000 after acquiring an additional 25 shares during the last quarter. Integrated Investment Consultants LLC increased its stake in FactSet Research Systems by 0.8% during the first quarter. Integrated Investment Consultants LLC now owns 3,056 shares of the business services provider’s stock worth $1,389,000 after acquiring an additional 25 shares during the last quarter. Horizon Investments LLC increased its stake in FactSet Research Systems by 4.8% during the first quarter. Horizon Investments LLC now owns 544 shares of the business services provider’s stock worth $247,000 after acquiring an additional 25 shares during the last quarter. ORG Partners LLC increased its stake in FactSet Research Systems by 13.9% during the second quarter. ORG Partners LLC now owns 205 shares of the business services provider’s stock worth $93,000 after acquiring an additional 25 shares during the last quarter. Finally, Valmark Advisers Inc. increased its stake in FactSet Research Systems by 1.3% during the second quarter. Valmark Advisers Inc. now owns 1,970 shares of the business services provider’s stock worth $881,000 after acquiring an additional 26 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Insiders Place Their Bets

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 shares were bought at an average cost of $296.19 per share, for a total transaction of $100,112.22. Following the completion of the purchase, 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 ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Helen L. Shan purchased 370 shares of the business’s stock in a transaction on Monday, October 6th. The stock was acquired 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 owned 9,284 shares of the company’s stock, valued at $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. Company insiders own 1.10% of the company’s stock.

FactSet Research Systems Trading Up 3.2%

NYSE:FDS opened at $286.81 on Monday. The firm has a market cap of $10.84 billion, a PE ratio of 18.44, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. The stock has a fifty day moving average price of $333.08 and a 200 day moving average price of $397.92. 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) last released 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 company had revenue of $596.90 million during the quarter, compared to analysts’ expectations of $593.32 million. FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the business posted $3.74 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

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

Analyst Ratings Changes

Several research analysts have recently commented on the company. Zacks Research lowered FactSet Research Systems from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 23rd. Rothschild & Co Redburn upgraded FactSet Research Systems from a “sell” rating to a “neutral” rating and lowered their price target for the stock from $415.00 to $370.00 in a research report on Friday, September 12th. Raymond James Financial upgraded FactSet Research Systems from an “underperform” rating to a “market perform” rating in a research report on Thursday, June 26th. Rothschild Redb upgraded FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research report on Friday, September 12th. Finally, Evercore ISI lowered their price target on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating for the company in a research report on Friday, September 19th. One equities research 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. Based on data from MarketBeat, FactSet Research Systems has a consensus 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.