FactSet Research Systems Inc. $FDS Shares Purchased by Fiera Capital Corp

Fiera Capital Corp boosted its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 5.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 280,187 shares of the business services provider’s stock after acquiring an additional 14,133 shares during the quarter. Fiera Capital Corp owned about 0.75% of FactSet Research Systems worth $80,271,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Huntington National Bank increased its position in shares of FactSet Research Systems by 10.0% during the 2nd quarter. Huntington National Bank now owns 320 shares of the business services provider’s stock worth $143,000 after purchasing an additional 29 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake 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 buying an additional 30 shares during the period. Claret Asset Management Corp increased its position in shares of 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 valued at $238,000 after acquiring an additional 35 shares during the last quarter. MAI Capital Management raised its stake in shares of FactSet Research Systems by 4.4% in the 2nd quarter. MAI Capital Management now owns 873 shares of the business services provider’s stock valued at $390,000 after acquiring an additional 37 shares during the period. Finally, Miracle Mile Advisors LLC raised its stake in shares of FactSet Research Systems by 3.3% in the 3rd quarter. Miracle Mile Advisors LLC now owns 1,145 shares of the business services provider’s stock valued at $328,000 after acquiring an additional 37 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Trading Up 0.4%

NYSE FDS opened at $198.72 on Friday. FactSet Research Systems Inc. has a 52 week low of $185.00 and a 52 week high of $474.79. The firm has a 50 day moving average of $264.66 and a two-hundred day moving average of $296.04. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $7.37 billion, a PE ratio of 12.64, a price-to-earnings-growth ratio of 2.04 and a beta of 0.73.

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 for the quarter, beating 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 net margin of 25.40% and a return on equity of 30.49%. The company’s revenue was up 6.8% on a year-over-year basis. During the same period last year, the business earned $4.37 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, research analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems announced that its board has approved a share buyback program 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 reacquire up to 5.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are 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 given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, February 27th. FactSet Research Systems’s dividend payout ratio (DPR) is 27.99%.

Insider Buying and Selling

In other FactSet Research Systems news, Director Laurie Siegel sold 2,572 shares of the stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $296.25, for a total value of $761,955.00. Following the transaction, the director directly owned 1,037 shares in the company, valued at $307,211.25. This represents a 71.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Malcolm Frank sold 2,572 shares of the business’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $295.70, for a total transaction of $760,540.40. Following the sale, the director owned 879 shares of the company’s stock, valued at $259,920.30. This represents a 74.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.20% of the company’s stock.

Analysts Set New Price Targets

FDS has been the subject of several research reports. BMO Capital Markets dropped 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 report on Monday, December 22nd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of FactSet Research Systems in a research note on Monday, December 29th. Zacks Research upgraded FactSet Research Systems from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Jefferies Financial Group reissued a “hold” rating and set a $305.00 target price on shares of FactSet Research Systems in a research note on Friday, December 19th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a $320.00 price target on shares of FactSet Research Systems in a research note on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have assigned a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat.com, FactSet Research Systems has an average rating of “Reduce” and a consensus target price of $298.54.

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.