Nuance Investments LLC Acquires Shares of 9,540 FactSet Research Systems Inc. $FDS

Nuance Investments LLC bought a new position in FactSet Research Systems Inc. (NYSE:FDS) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 9,540 shares of the business services provider’s stock, valued at approximately $2,733,000.

A number of other institutional investors have also recently made changes to their positions in the company. Huntington National Bank increased its holdings in FactSet Research Systems by 10.0% in the 2nd quarter. Huntington National Bank now owns 320 shares of the business services provider’s stock worth $143,000 after acquiring an additional 29 shares during the last quarter. Daiwa Securities Group Inc. boosted its position in FactSet Research Systems by 0.4% during the second quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider’s stock worth $3,071,000 after purchasing an additional 30 shares during the period. Claret Asset Management Corp boosted its position in FactSet Research Systems by 7.0% during the second quarter. Claret Asset Management Corp now owns 532 shares of the business services provider’s stock worth $238,000 after purchasing an additional 35 shares during the period. MAI Capital Management increased its stake in shares of FactSet Research Systems by 4.4% in the second quarter. MAI Capital Management now owns 873 shares of the business services provider’s stock worth $390,000 after purchasing an additional 37 shares in the last quarter. Finally, Miracle Mile Advisors LLC raised its position in shares of FactSet Research Systems by 3.3% in the third quarter. Miracle Mile Advisors LLC now owns 1,145 shares of the business services provider’s stock valued at $328,000 after purchasing an additional 37 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on FDS shares. Wolfe Research reaffirmed an “underperform” rating and issued a $290.00 price objective on shares of FactSet Research Systems in a report on Friday, November 14th. Huber Research raised FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a report on Friday, December 19th. The Goldman Sachs Group decreased their price objective on FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating on the stock in a research note on Friday, December 19th. Royal Bank Of Canada restated a “sector perform” rating and issued a $320.00 target price on shares of FactSet Research Systems in a research note on Friday, December 19th. Finally, UBS Group reiterated a “buy” rating on shares of FactSet Research Systems in a research report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have issued a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $308.83.

Insiders Place Their Bets

In related news, Director Laurie Siegel sold 2,572 shares of the 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 transaction, the director owned 1,037 shares of the company’s stock, valued at $307,211.25. This represents a 71.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Malcolm Frank sold 2,572 shares of the firm’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $295.70, for a total value of $760,540.40. Following the sale, the director owned 879 shares in the company, valued at $259,920.30. The trade was a 74.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.20% of the stock is owned by corporate insiders.

FactSet Research Systems Price Performance

NYSE:FDS opened at $207.53 on Monday. FactSet Research Systems Inc. has a 52-week low of $201.80 and a 52-week high of $474.79. The stock has a fifty day moving average of $279.80 and a 200 day moving average of $307.76. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.54 and a current ratio of 1.54. The firm has a market capitalization of $7.70 billion, a price-to-earnings ratio of 13.20, a P/E/G ratio of 1.90 and a beta of 0.73.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Thursday, December 18th. The business services provider reported $4.51 earnings per share 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 analyst estimates 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 quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company earned $4.37 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, research analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

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

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