Park Avenue Securities LLC Sells 95 Shares of FactSet Research Systems Inc. $FDS

Park Avenue Securities LLC trimmed its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 7.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,174 shares of the business services provider’s stock after selling 95 shares during the quarter. Park Avenue Securities LLC’s holdings in FactSet Research Systems were worth $525,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. SouthState Corp grew its stake in FactSet Research Systems by 1,400.0% during the first quarter. SouthState Corp now owns 60 shares of the business services provider’s stock worth $27,000 after buying an additional 56 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in FactSet Research Systems by 4,200.0% during the first quarter. Caitong International Asset Management Co. Ltd now owns 86 shares of the business services provider’s stock worth $39,000 after buying an additional 84 shares in the last quarter. WPG Advisers LLC acquired a new stake in FactSet Research Systems during the first quarter worth about $41,000. American National Bank & Trust acquired a new stake in FactSet Research Systems during the first quarter worth about $44,000. Finally, Bank of Jackson Hole Trust grew its stake in FactSet Research Systems by 187.9% during the first quarter. Bank of Jackson Hole Trust now owns 95 shares of the business services provider’s stock worth $44,000 after buying an additional 62 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Trading Up 2.1%

FDS opened at $289.71 on Monday. The company’s 50 day moving average is $369.62 and its 200-day moving average is $414.60. FactSet Research Systems Inc. has a 1-year low of $282.01 and a 1-year 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. The company has a market cap of $10.95 billion, a P/E ratio of 18.63, a PEG ratio of 2.14 and a beta of 0.84.

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

FactSet Research Systems Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages have issued reports on FDS. Huber Research upgraded shares of FactSet Research Systems to a “strong sell” rating in a research note on Friday, September 19th. Stifel Nicolaus reduced their price objective on shares of FactSet Research Systems from $464.00 to $372.00 and set a “hold” rating on the stock in a research note on Friday, September 19th. UBS Group upgraded shares of FactSet Research Systems from a “neutral” rating to a “buy” rating and reduced their price objective for the stock from $480.00 to $425.00 in a research note on Monday, September 22nd. Raymond James Financial upgraded shares of FactSet Research Systems from an “underperform” rating to a “market perform” rating in a research note on Thursday, June 26th. Finally, Zacks Research downgraded shares of FactSet Research Systems from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 23rd. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $359.10.

Insider Buying and Selling at FactSet Research Systems

In related news, CAO Gregory T. Moskoff sold 2,500 shares of FactSet Research Systems stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $442.60, for a total transaction of $1,106,500.00. Following the sale, the chief accounting officer directly owned 44 shares in the company, valued at $19,474.40. This trade represents a 98.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James J. Mcgonigle sold 2,925 shares of FactSet Research Systems stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $451.39, for a total transaction of $1,320,315.75. Following the sale, the director owned 4,461 shares in the company, valued at approximately $2,013,650.79. This represents a 39.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,031 shares of company stock valued at $5,825,481 in the last quarter. 1.10% of the stock is currently owned by corporate insiders.

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.