HB Wealth Management LLC Trims Stock Position in FactSet Research Systems Inc. $FDS

HB Wealth Management LLC decreased its position in FactSet Research Systems Inc. (NYSE:FDS) by 28.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,027 shares of the business services provider’s stock after selling 400 shares during the period. HB Wealth Management LLC’s holdings in FactSet Research Systems were worth $459,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Fifth Third Bancorp increased its stake in FactSet Research Systems by 1.6% during the first quarter. Fifth Third Bancorp now owns 1,470 shares of the business services provider’s stock worth $668,000 after acquiring an additional 23 shares during the last quarter. Birch Capital Management LLC grew its holdings in shares of FactSet Research Systems by 0.3% during the 1st quarter. Birch Capital Management LLC now owns 8,611 shares of the business services provider’s stock worth $3,915,000 after purchasing an additional 25 shares during the period. Alps Advisors Inc. grew its holdings in shares of FactSet Research Systems by 3.1% during the 1st quarter. Alps Advisors Inc. now owns 822 shares of the business services provider’s stock worth $374,000 after purchasing an additional 25 shares during the period. Integrated Investment Consultants LLC increased its position in shares of FactSet Research Systems by 0.8% during the 1st quarter. Integrated Investment Consultants LLC now owns 3,056 shares of the business services provider’s stock worth $1,389,000 after purchasing an additional 25 shares during the last quarter. Finally, Horizon Investments LLC raised its holdings in FactSet Research Systems by 4.8% in the 1st quarter. Horizon Investments LLC now owns 544 shares of the business services provider’s stock valued at $247,000 after buying an additional 25 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Trading Up 0.2%

FDS opened at $282.44 on Monday. 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 one year low of $280.03 and a one year high of $499.87. The company has a market cap of $10.68 billion, a P/E ratio of 18.16, a PEG ratio of 2.08 and a beta of 0.79. The business’s 50-day simple moving average is $356.24 and its 200-day simple moving average is $409.29.

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 analysts’ consensus estimates of $4.13 by ($0.08). The business had revenue of $596.90 million during the quarter, compared to analyst estimates of $593.32 million. FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the company earned $3.74 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, equities research analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm 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 1.6%. The ex-dividend date of this dividend was Friday, August 29th. FactSet Research Systems’s payout ratio is presently 28.30%.

Analyst Upgrades and Downgrades

FDS has been the subject of several research analyst reports. Stifel Nicolaus lowered their target price on shares of 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. Rothschild & Co Redburn raised shares of FactSet Research Systems from a “sell” rating to a “neutral” rating and lowered their price objective for the stock from $415.00 to $370.00 in a research report on Friday, September 12th. UBS Group raised FactSet Research Systems from a “neutral” rating to a “buy” rating and cut their target price for the company from $480.00 to $425.00 in a research report on Monday, September 22nd. Raymond James Financial upgraded FactSet Research Systems from an “underperform” rating to a “market perform” rating in a research note on Thursday, June 26th. Finally, Evercore ISI dropped their price objective on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” 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 issued a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, FactSet Research Systems has an average rating of “Reduce” and a consensus 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 the stock in a transaction 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 completion of the sale, the chief accounting officer owned 44 shares in the company, valued at $19,474.40. This represents a 98.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Christopher R. Ellis sold 7,606 shares of the firm’s stock in a transaction on Tuesday, July 8th. The stock was sold at an average price of $446.84, for a total transaction of $3,398,665.04. Following the transaction, the executive vice president directly owned 23,952 shares in the company, valued at $10,702,711.68. The trade was a 24.10% 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 worth $5,825,481 in the last 90 days. Company insiders own 1.10% of the company’s stock.

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.