Cullen Frost Bankers Inc. Boosts Stock Holdings in FactSet Research Systems Inc. $FDS

Cullen Frost Bankers Inc. raised its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 4,300.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 88 shares of the business services provider’s stock after purchasing an additional 86 shares during the period. Cullen Frost Bankers Inc.’s holdings in FactSet Research Systems were worth $39,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Alps Advisors Inc. increased its stake in shares of FactSet Research Systems by 3.1% in the first quarter. Alps Advisors Inc. now owns 822 shares of the business services provider’s stock worth $374,000 after purchasing an additional 25 shares in the last quarter. Integrated Investment Consultants LLC grew its stake in FactSet Research Systems by 0.8% during the first quarter. Integrated Investment Consultants LLC now owns 3,056 shares of the business services provider’s stock valued at $1,389,000 after acquiring an additional 25 shares in the last quarter. Horizon Investments LLC grew its stake in FactSet Research Systems by 4.8% during the first quarter. Horizon Investments LLC now owns 544 shares of the business services provider’s stock valued at $247,000 after acquiring an additional 25 shares in the last quarter. ORG Partners LLC grew its stake in FactSet Research Systems by 13.9% during the second quarter. ORG Partners LLC now owns 205 shares of the business services provider’s stock valued at $93,000 after acquiring an additional 25 shares in the last quarter. Finally, Valmark Advisers Inc. grew its stake in FactSet Research Systems by 1.3% during the second quarter. Valmark Advisers Inc. now owns 1,970 shares of the business services provider’s stock valued at $881,000 after acquiring an additional 26 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Wells Fargo & Company reduced their price objective on shares of FactSet Research Systems from $355.00 to $296.00 and set an “underweight” rating for the company in a research note on Friday, September 19th. Rothschild Redb raised shares of FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research note on Friday, September 12th. Morgan Stanley reduced their price objective on shares of FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating for the company in a research note on Friday, September 19th. Barclays reduced their price objective on shares of 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. Finally, Huber Research raised shares of FactSet Research Systems to a “strong sell” rating in a research note on Friday, September 19th. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $356.78.

FactSet Research Systems Trading Down 0.6%

Shares of FactSet Research Systems stock opened at $285.26 on Monday. FactSet Research Systems Inc. has a 1 year low of $272.50 and a 1 year high of $499.87. The firm has a market cap of $10.69 billion, a PE ratio of 18.34, a PEG ratio of 2.92 and a beta of 0.79. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.40 and a quick ratio of 1.40. The company has a 50 day simple moving average of $324.63 and a two-hundred day simple moving average of $393.74.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Thursday, September 18th. The business services provider reported $4.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.13 by ($0.08). FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The company had revenue of $596.90 million for the quarter, compared to the consensus estimate of $593.32 million. During the same quarter in the previous year, the firm earned $3.74 earnings per share. The company’s revenue for the quarter 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. Analysts expect that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Friday, August 29th were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, August 29th. FactSet Research Systems’s payout ratio is presently 28.30%.

Insider Buying and Selling

In other FactSet Research Systems news, insider Christopher Mcloughlin acquired 338 shares of the stock in a transaction dated Tuesday, September 23rd. The stock was purchased at an average cost of $296.19 per share, for a total transaction of $100,112.22. Following the acquisition, the insider owned 3,446 shares in the company, valued at $1,020,670.74. The trade was a 10.88% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Helen L. Shan acquired 370 shares of the stock in a transaction dated Monday, October 6th. The stock was acquired at an average price of $275.48 per share, with a total value of $101,927.60. Following the completion of the acquisition, the executive vice president owned 9,284 shares in the company, valued at approximately $2,557,556.32. The trade was a 4.15% increase in their position. The disclosure for this purchase can be found here. Insiders own 1.10% of the company’s stock.

About FactSet Research Systems

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.