FactSet Research Systems Inc. $FDS Holdings Increased by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc increased its stake in FactSet Research Systems Inc. (NYSE:FDS) by 1.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,418 shares of the business services provider’s stock after acquiring an additional 568 shares during the period. FactSet Research Systems makes up approximately 1.4% of Marks Group Wealth Management Inc’s investment portfolio, making the stock its 9th biggest position. Marks Group Wealth Management Inc owned 0.09% of FactSet Research Systems worth $14,947,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in FDS. Merit Financial Group LLC bought a new position in shares of FactSet Research Systems during the 1st quarter valued at approximately $502,000. Clean Yield Group increased its position in FactSet Research Systems by 18.0% during the first quarter. Clean Yield Group now owns 177 shares of the business services provider’s stock valued at $80,000 after acquiring an additional 27 shares during the last quarter. Yousif Capital Management LLC raised its stake in shares of FactSet Research Systems by 267.9% in the first quarter. Yousif Capital Management LLC now owns 17,017 shares of the business services provider’s stock valued at $7,737,000 after acquiring an additional 12,391 shares during the period. Harbor Capital Advisors Inc. raised its stake in shares of FactSet Research Systems by 2.5% in the first quarter. Harbor Capital Advisors Inc. now owns 4,355 shares of the business services provider’s stock valued at $1,980,000 after acquiring an additional 105 shares during the period. Finally, Accurate Wealth Management LLC purchased a new position in shares of FactSet Research Systems during the 1st quarter worth about $2,561,000. 91.24% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently commented on FDS. Royal Bank Of Canada reiterated a “sector perform” rating and set a $503.00 price target on shares of FactSet Research Systems in a report on Friday, June 20th. Huber Research raised FactSet Research Systems to a “strong sell” rating in a research note on Friday, September 19th. Barclays decreased their price target on FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating for the company in a research note on Friday, September 19th. Morgan Stanley dropped their price objective on FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating for the company in a report on Friday, September 19th. Finally, Wells Fargo & Company reduced their target price on FactSet Research Systems from $355.00 to $296.00 and set an “underweight” rating on the stock in a research note on Friday, September 19th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $359.10.

FactSet Research Systems Stock Up 0.2%

Shares of NYSE:FDS opened at $282.44 on Monday. The business’s 50 day moving average is $356.24 and its 200 day moving average is $409.29. The stock has a market cap of $10.68 billion, a P/E ratio of 18.16, a price-to-earnings-growth ratio of 2.08 and a beta of 0.79. FactSet Research Systems Inc. has a 52-week low of $280.03 and a 52-week high of $499.87. The company has a quick ratio of 1.47, a current ratio of 1.40 and a debt-to-equity ratio of 0.63.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Thursday, September 18th. The business services provider reported $4.05 earnings per share for the quarter, missing the consensus estimate of $4.13 by ($0.08). FactSet Research Systems had a return on equity of 31.06% and a net margin of 25.72%.The firm had revenue of $596.90 million during the quarter, compared to analysts’ expectations of $593.32 million. During the same quarter in the prior year, the company posted $3.74 earnings per share. FactSet Research Systems’s quarterly revenue was up 6.2% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Sell-side analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Friday, August 29th were given a dividend of $1.10 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $4.40 dividend on an annualized basis and a yield of 1.6%. FactSet Research Systems’s dividend payout ratio (DPR) is 28.30%.

Insider Buying and Selling at FactSet Research Systems

In other news, EVP Christopher R. Ellis sold 7,606 shares of the company’s stock in a transaction that occurred on Tuesday, July 8th. The shares were sold at an average price of $446.84, for a total value of $3,398,665.04. Following the completion of the sale, the executive vice president owned 23,952 shares of the company’s stock, valued at approximately $10,702,711.68. This represents a 24.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Christopher Mcloughlin acquired 338 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were acquired at an average cost of $296.19 per share, for a total transaction of $100,112.22. Following the completion of the acquisition, the insider owned 3,446 shares of the company’s stock, valued at $1,020,670.74. This trade represents a 10.88% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 13,031 shares of company stock worth $5,825,481. 1.10% of the stock is owned by company insiders.

FactSet Research Systems Company Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.