J. Safra Sarasin Holding AG Sells 2,992 Shares of FactSet Research Systems Inc. $FDS

J. Safra Sarasin Holding AG decreased its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 56.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,349 shares of the business services provider’s stock after selling 2,992 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in FactSet Research Systems were worth $673,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of FDS. Jones Financial Companies Lllp boosted its holdings in shares of FactSet Research Systems by 5.6% during the 1st quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock valued at $785,000 after purchasing an additional 91 shares during the last quarter. Empowered Funds LLC boosted its stake in FactSet Research Systems by 27.6% during the first quarter. Empowered Funds LLC now owns 972 shares of the business services provider’s stock valued at $442,000 after buying an additional 210 shares during the last quarter. Geneos Wealth Management Inc. grew 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 valued at $45,000 after buying an additional 64 shares in the last quarter. Truist Financial Corp increased its stake in FactSet Research Systems by 0.5% in the 2nd quarter. Truist Financial Corp now owns 22,313 shares of the business services provider’s stock worth $9,980,000 after acquiring an additional 114 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its holdings in shares of FactSet Research Systems by 12.9% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 3,539 shares of the business services provider’s stock worth $1,583,000 after acquiring an additional 404 shares in the last quarter. 91.24% of the stock is owned by hedge funds and other institutional investors.

FactSet Research Systems Price Performance

Shares of FDS stock opened at $252.19 on Friday. The stock has a 50 day moving average price of $285.65 and a 200 day moving average price of $317.86. FactSet Research Systems Inc. has a 52-week low of $249.68 and a 52-week high of $477.92. 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 $9.36 billion, a P/E ratio of 16.04, a P/E/G ratio of 2.46 and a beta of 0.75.

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

FactSet Research Systems announced that its Board of Directors has authorized a stock repurchase program on Thursday, December 18th that allows the company to repurchase $600.00 million in shares. This repurchase authorization allows the business services provider to buy up to 5.4% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

FactSet Research Systems Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Friday, November 28th were issued a $1.10 dividend. The ex-dividend date was Friday, November 28th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.7%. FactSet Research Systems’s payout ratio is presently 27.99%.

Insider Buying and Selling

In other news, EVP Goran Skoko purchased 500 shares of the company’s stock in a transaction dated Thursday, November 6th. The shares were acquired at an average price of $252.93 per share, with a total value of $126,465.00. Following the transaction, the executive vice president owned 9,192 shares of the company’s stock, valued at $2,324,932.56. This represents a 5.75% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Malcolm Frank sold 2,572 shares of the firm’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $295.70, for a total value of $760,540.40. Following the transaction, the director owned 879 shares in the company, valued at approximately $259,920.30. This represents a 74.53% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on FDS shares. Evercore ISI raised their target price on shares of FactSet Research Systems from $320.00 to $321.00 and gave the company an “in-line” rating in a report on Thursday, January 8th. UBS Group reissued a “buy” rating on shares of FactSet Research Systems in a research note on Friday, December 19th. Morgan Stanley set a $307.00 target price on shares of FactSet Research Systems and gave the company an “equal weight” rating in a research report on Wednesday, December 17th. The Goldman Sachs Group dropped their price target on FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating for the company in a research report on Friday, December 19th. Finally, Huber Research upgraded FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, FactSet Research Systems presently has a consensus rating of “Reduce” and an average target price of $313.00.

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.