Azzad Asset Management Inc. ADV Has $1.12 Million Holdings in FactSet Research Systems Inc. $FDS

Azzad Asset Management Inc. ADV decreased its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 55.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,907 shares of the business services provider’s stock after selling 4,799 shares during the period. Azzad Asset Management Inc. ADV’s holdings in FactSet Research Systems were worth $1,119,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Running Oak Capital LLC lifted its position in shares of FactSet Research Systems by 14.0% in the third quarter. Running Oak Capital LLC now owns 41,335 shares of the business services provider’s stock worth $11,842,000 after buying an additional 5,072 shares during the last quarter. Vest Financial LLC lifted its holdings in FactSet Research Systems by 8.8% in the 2nd quarter. Vest Financial LLC now owns 125,526 shares of the business services provider’s stock worth $56,145,000 after purchasing an additional 10,172 shares during the last quarter. Financial Strategies Group Inc. acquired a new stake in FactSet Research Systems in the 3rd quarter worth approximately $7,920,000. Investment House LLC bought a new stake in FactSet Research Systems during the third quarter worth approximately $2,951,000. Finally, J. W. Coons Advisors LLC grew its holdings in FactSet Research Systems by 139.8% during the second quarter. J. W. Coons Advisors LLC now owns 3,465 shares of the business services provider’s stock valued at $1,550,000 after purchasing an additional 2,020 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Trading Down 0.8%

Shares of FDS opened at $207.53 on Monday. 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 stock has a market cap of $7.70 billion, a PE ratio of 13.20, a PEG ratio of 1.90 and a beta of 0.73. FactSet Research Systems Inc. has a 1 year low of $201.80 and a 1 year high of $474.79. The stock has a 50 day simple moving average of $279.80 and a 200-day simple moving average of $307.76.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results on Thursday, December 18th. The business services provider reported $4.51 earnings per share for the quarter, beating analysts’ consensus estimates of $4.36 by $0.15. FactSet Research Systems had a return on equity of 30.49% and a net margin of 25.40%.The firm had revenue of $607.62 million for the quarter, compared to analysts’ expectations of $599.69 million. During the same period in the prior year, the business posted $4.37 earnings per share. The business’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 predict that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems announced that its Board of Directors has authorized a stock buyback program on Thursday, December 18th that permits the company to buyback $600.00 million in shares. This buyback authorization permits the business services provider to repurchase up to 5.4% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, February 27th will be paid a $1.10 dividend. The ex-dividend date is Friday, February 27th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.1%. FactSet Research Systems’s dividend payout ratio (DPR) is 27.99%.

Insider Transactions at FactSet Research Systems

In other news, Director Malcolm Frank sold 2,572 shares of FactSet Research Systems stock in a transaction on Monday, January 12th. The stock was sold at an average price of $295.70, for a total value of $760,540.40. Following the completion of the sale, the director directly owned 879 shares of the company’s stock, valued at approximately $259,920.30. This trade represents a 74.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Laurie Siegel sold 2,572 shares of the business’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $296.25, for a total value of $761,955.00. Following the sale, the director owned 1,037 shares of the company’s stock, valued at approximately $307,211.25. The trade was a 71.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Raymond James Financial reaffirmed a “market perform” rating on shares of FactSet Research Systems in a report on Thursday, December 18th. BMO Capital Markets cut their target price on shares of FactSet Research Systems from $311.00 to $305.00 and set a “market perform” rating for the company in a research report on Monday, December 22nd. Jefferies Financial Group restated a “hold” rating and set a $305.00 price target on shares of FactSet Research Systems in a report on Friday, December 19th. Zacks Research upgraded FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Finally, UBS Group reissued a “buy” rating on shares of FactSet Research Systems in a research report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, nine have assigned a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, FactSet Research Systems has a consensus rating of “Reduce” and a consensus price target of $308.83.

FactSet Research Systems 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.