Farther Finance Advisors LLC Acquires 96 Shares of FactSet Research Systems Inc. $FDS

Farther Finance Advisors LLC increased its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 21.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 549 shares of the business services provider’s stock after buying an additional 96 shares during the quarter. Farther Finance Advisors LLC’s holdings in FactSet Research Systems were worth $246,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of FDS. SouthState Corp increased its holdings in FactSet Research Systems by 1,400.0% in the 1st quarter. SouthState Corp now owns 60 shares of the business services provider’s stock worth $27,000 after purchasing an additional 56 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in 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 worth $39,000 after purchasing an additional 84 shares in the last quarter. WPG Advisers LLC acquired a new position in FactSet Research Systems in the 1st quarter worth about $41,000. American National Bank & Trust acquired a new position in FactSet Research Systems in the 1st quarter worth about $44,000. Finally, Bank of Jackson Hole Trust increased its holdings in 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 worth $44,000 after purchasing an additional 62 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on FDS shares. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a report on Friday, June 20th. UBS Group raised FactSet Research Systems from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $480.00 to $425.00 in a report on Monday, September 22nd. BMO Capital Markets decreased their price target on FactSet Research Systems from $452.00 to $324.00 and set a “market perform” rating for the company in a research note on Friday, September 19th. Zacks Research cut FactSet Research Systems from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 23rd. Finally, Barclays decreased their price target 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. One investment analyst has rated the stock with a Buy rating, seven have issued a Hold rating and six have given a Sell rating to the company’s 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

In other news, Director James J. Mcgonigle sold 2,925 shares of the firm’s stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $451.39, for a total value of $1,320,315.75. Following the transaction, the director owned 4,461 shares in the company, valued at $2,013,650.79. This trade represents a 39.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Christopher R. Ellis sold 7,606 shares of the firm’s stock in a transaction that occurred on Tuesday, July 8th. The shares were sold at an average price of $446.84, for a total value of $3,398,665.04. Following the completion of the transaction, the executive vice president owned 23,952 shares in the company, valued at $10,702,711.68. This represents a 24.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,031 shares of company stock worth $5,825,481 over the last three months. Company insiders own 1.10% of the company’s stock.

FactSet Research Systems Stock Down 1.6%

Shares of NYSE:FDS opened at $286.14 on Wednesday. The business’s 50 day simple moving average is $364.34 and its two-hundred day simple moving average is $412.69. The firm has a market cap of $10.82 billion, a P/E ratio of 18.40, a PEG ratio of 2.14 and a beta of 0.84. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.47 and a current ratio of 1.40. FactSet Research Systems Inc. has a 52-week low of $282.01 and a 52-week high of $499.87.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results on Thursday, September 18th. The business services provider reported $4.05 earnings per share (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 firm had revenue of $596.90 million during the quarter, compared to the consensus estimate of $593.32 million. During the same quarter in the previous year, the company posted $3.74 EPS. The firm’s 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. As a group, research analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS 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. Stockholders of record on Friday, August 29th were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, August 29th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 28.30%.

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.