FactSet Research Systems Inc. (NYSE:FDS) Short Interest Update

FactSet Research Systems Inc. (NYSE:FDS) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totaling 1,785,631 shares, a decline of 34.9% from the November 30th total of 2,743,525 shares. Based on an average daily trading volume, of 743,906 shares, the short-interest ratio is currently 2.4 days. Approximately 4.8% of the shares of the company are sold short. Approximately 4.8% of the shares of the company are sold short. Based on an average daily trading volume, of 743,906 shares, the short-interest ratio is currently 2.4 days.

FactSet Research Systems Price Performance

NYSE:FDS opened at $292.09 on Friday. The business’s 50-day moving average is $279.73 and its 200 day moving average is $342.33. FactSet Research Systems has a 12 month low of $250.50 and a 12 month high of $493.00. The company has a market capitalization of $10.93 billion, a P/E ratio of 18.58, a P/E/G ratio of 2.67 and a beta of 0.75. The company has a current ratio of 1.54, a quick ratio of 1.40 and a debt-to-equity ratio of 0.63.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Thursday, December 18th. The business services provider reported $4.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.36 by $0.15. The business had revenue of $607.62 million for the quarter, compared to the consensus estimate of $599.69 million. FactSet Research Systems had a return on equity of 30.49% and a net margin of 25.40%.The company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.37 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, equities research analysts forecast that FactSet Research Systems will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems announced that its board has authorized a share repurchase program on Thursday, December 18th that allows the company to repurchase $600.00 million in outstanding shares. This repurchase authorization allows the business services provider to repurchase up to 5.4% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Friday, November 28th were paid 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 of this dividend was Friday, November 28th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 27.99%.

Insider Buying and Selling

In other news, EVP Goran Skoko purchased 500 shares of the company’s stock in a transaction on Thursday, November 6th. The stock was acquired at an average cost of $252.93 per share, for a total transaction of $126,465.00. Following the completion of the transaction, the executive vice president directly owned 9,192 shares in the company, valued at $2,324,932.56. This trade represents a 5.75% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Helen L. Shan acquired 370 shares of the firm’s stock in a transaction dated Monday, October 6th. The shares were purchased at an average price of $275.48 per share, for a total transaction of $101,927.60. Following the completion of the transaction, the executive vice president directly 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 SEC filing for this purchase provides additional information. Insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. IFP Advisors Inc raised its position in FactSet Research Systems by 61.9% during the third quarter. IFP Advisors Inc now owns 680 shares of the business services provider’s stock valued at $195,000 after purchasing an additional 260 shares during the period. Swiss Life Asset Management Ltd increased its position in shares of FactSet Research Systems by 16.8% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 10,687 shares of the business services provider’s stock valued at $3,062,000 after purchasing an additional 1,536 shares during the last quarter. Prana Capital Management LP purchased a new stake in FactSet Research Systems during the 3rd quarter valued at $822,000. CIBC Bancorp USA Inc. bought a new stake in FactSet Research Systems in the third quarter worth $1,494,000. Finally, Captrust Financial Advisors lifted its position in FactSet Research Systems by 24.1% in the third quarter. Captrust Financial Advisors now owns 6,214 shares of the business services provider’s stock worth $1,780,000 after buying an additional 1,208 shares during the last quarter. Institutional investors own 91.24% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $320.00 price target on shares of FactSet Research Systems in a research note on Friday, December 19th. Rothschild Redb raised FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research note on Friday, September 12th. The Goldman Sachs Group cut their target price on FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating for the company in a research report on Friday, December 19th. UBS Group reissued a “buy” rating on shares of FactSet Research Systems in a research note on Friday, December 19th. Finally, Morgan Stanley set a $307.00 price target on FactSet Research Systems and gave the stock an “equal weight” rating in a research note on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat, FactSet Research Systems has an average rating of “Reduce” and an average price target of $313.17.

FactSet Research Systems Company Profile

FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.

The company’s core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.