Atria Investments Inc Sells 2,610 Shares of FactSet Research Systems Inc. $FDS

Atria Investments Inc reduced its stake in FactSet Research Systems Inc. (NYSE:FDS) by 16.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,141 shares of the business services provider’s stock after selling 2,610 shares during the period. Atria Investments Inc’s holdings in FactSet Research Systems were worth $3,765,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Cullen Frost Bankers Inc. grew its holdings in 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 stake in shares of FactSet Research Systems in the third quarter worth about $25,000. Generali Investments Management Co LLC bought a new position in shares of FactSet Research Systems in the second quarter valued at approximately $42,000. Winnow Wealth LLC purchased a new position in FactSet Research Systems during the third quarter valued at approximately $28,000. Finally, Geneos Wealth Management Inc. increased its holdings in FactSet Research Systems by 188.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock worth $45,000 after acquiring an additional 64 shares during the period. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

FactSet Research Systems Trading Up 1.9%

FDS stock opened at $205.69 on Monday. The company has a market capitalization of $7.63 billion, a PE ratio of 13.08, a price-to-earnings-growth ratio of 1.88 and a beta of 0.73. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.54 and a current ratio of 1.54. FactSet Research Systems Inc. has a one year low of $190.58 and a one year high of $474.79. The company’s 50 day moving average price is $271.90 and its two-hundred day moving average price is $300.22.

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

FactSet Research Systems Announces Dividend

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 27.99%.

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

Analyst Ratings Changes

Several research analysts have commented on FDS shares. Huber Research raised shares of FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a report on Friday, December 19th. Morgan Stanley set a $307.00 target price on FactSet Research Systems and gave the stock an “equal weight” rating in a research report on Wednesday, December 17th. BMO Capital Markets decreased their target price on FactSet Research Systems from $311.00 to $305.00 and set a “market perform” rating on the stock in a research note on Monday, December 22nd. Evercore lifted their price target on FactSet Research Systems from $320.00 to $321.00 and gave the company an “in-line” rating in a research report on Thursday, January 8th. Finally, Wells Fargo & Company decreased their price objective on shares of FactSet Research Systems from $265.00 to $215.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 4th. One 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. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $308.83.

Insiders Place Their Bets

In other FactSet Research Systems news, Director Laurie Siegel sold 2,572 shares of the firm’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $296.25, for a total value of $761,955.00. Following the completion of the sale, the director directly owned 1,037 shares in the company, valued at $307,211.25. This trade represents a 71.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, 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 sale, the director directly owned 879 shares in the company, valued at $259,920.30. This represents a 74.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.20% of the company’s stock.

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.