Financial Strategies Group Inc. Takes $7.92 Million Position in FactSet Research Systems Inc. $FDS

Financial Strategies Group Inc. bought a new position in FactSet Research Systems Inc. (NYSE:FDS) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 29,934 shares of the business services provider’s stock, valued at approximately $7,920,000. FactSet Research Systems accounts for about 1.5% of Financial Strategies Group Inc.’s investment portfolio, making the stock its 23rd largest position. Financial Strategies Group Inc. owned approximately 0.08% of FactSet Research Systems at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in FDS. Cullen Frost Bankers Inc. lifted its position in shares of FactSet Research Systems by 4,300.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 88 shares of the business services provider’s stock valued at $39,000 after buying an additional 86 shares in the last quarter. First Horizon Corp purchased a new position in shares of FactSet Research Systems in the third quarter worth $25,000. Generali Investments Management Co LLC bought a new position in shares of FactSet Research Systems during the 2nd quarter valued at about $42,000. Geneos Wealth Management Inc. boosted its stake in FactSet Research Systems by 188.2% during the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after buying an additional 64 shares during the last quarter. Finally, Winnow Wealth LLC purchased a new position in shares of FactSet Research Systems in the third quarter valued at $28,000. 91.24% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on FDS shares. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $320.00 target price on shares of FactSet Research Systems in a report on Friday, December 19th. Huber Research raised shares of FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, December 19th. UBS Group reaffirmed a “buy” rating on shares of FactSet Research Systems in a research note on Friday, December 19th. Zacks Research raised FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Finally, The Goldman Sachs Group lowered their price target on shares of FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating on the stock in a report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $313.00.

Insider Activity

In other news, Director Malcolm Frank sold 2,572 shares of the company’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $295.70, for a total transaction of $760,540.40. Following the completion of the transaction, the director directly owned 879 shares of the company’s stock, valued at approximately $259,920.30. This represents a 74.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Goran Skoko bought 500 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The stock was purchased at an average cost of $252.93 per share, with a total value of $126,465.00. Following the completion of the transaction, the executive vice president owned 9,192 shares in the company, valued at approximately $2,324,932.56. This trade represents a 5.75% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 1.20% of the company’s stock.

FactSet Research Systems Trading Up 0.4%

FDS stock opened at $253.89 on Friday. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.63. The business’s 50-day moving average is $285.19 and its 200 day moving average is $315.74. The stock has a market cap of $9.42 billion, a price-to-earnings ratio of 16.15, a PEG ratio of 2.31 and a beta of 0.75. FactSet Research Systems Inc. has a 12-month low of $249.68 and a 12-month high of $477.92.

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

FactSet Research Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Friday, November 28th were issued a $1.10 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a $4.40 annualized dividend and a yield of 1.7%. FactSet Research Systems’s dividend payout ratio (DPR) is 27.99%.

FactSet Research Systems announced that its Board of Directors has approved a share buyback plan 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 shares through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its shares are undervalued.

About FactSet Research Systems

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.