Tandem Investment Advisors Inc. Lowers Holdings in FactSet Research Systems Inc. $FDS

Tandem Investment Advisors Inc. decreased its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 27.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 146,128 shares of the business services provider’s stock after selling 54,965 shares during the quarter. Tandem Investment Advisors Inc. owned about 0.39% of FactSet Research Systems worth $41,864,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of FactSet Research Systems by 57.0% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 829,174 shares of the business services provider’s stock worth $370,873,000 after purchasing an additional 301,129 shares during the period. Invesco Ltd. lifted its position in FactSet Research Systems by 39.2% in the second quarter. Invesco Ltd. now owns 683,146 shares of the business services provider’s stock valued at $305,558,000 after buying an additional 192,448 shares during the last quarter. PFG Advisors lifted its position in FactSet Research Systems by 4,209.8% in the second quarter. PFG Advisors now owns 192,000 shares of the business services provider’s stock valued at $85,878,000 after buying an additional 187,545 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in FactSet Research Systems by 7,507.9% during the third quarter. Assenagon Asset Management S.A. now owns 107,119 shares of the business services provider’s stock worth $30,689,000 after buying an additional 105,711 shares during the period. Finally, Y Intercept Hong Kong Ltd increased its position in shares of FactSet Research Systems by 1,605.8% during the third quarter. Y Intercept Hong Kong Ltd now owns 81,075 shares of the business services provider’s stock valued at $23,227,000 after acquiring an additional 76,322 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. The Goldman Sachs Group decreased their price objective on shares of FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating on the stock in a report on Friday, December 19th. Morgan Stanley set a $307.00 price target on FactSet Research Systems and gave the stock an “equal weight” rating in a research note on Wednesday, December 17th. Raymond James Financial restated a “market perform” rating on shares of FactSet Research Systems in a research report on Thursday, December 18th. Evercore ISI boosted their price objective on FactSet Research Systems from $320.00 to $321.00 and gave the company an “in-line” rating in a report on Thursday, January 8th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have issued a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $313.00.

FactSet Research Systems Stock Performance

Shares of FactSet Research Systems stock opened at $252.19 on Friday. The business has a 50-day simple moving average of $285.65 and a 200-day simple moving average of $317.86. 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 $249.68 and a one year high of $477.92. The company has a market cap of $9.36 billion, a PE ratio of 16.04, a P/E/G ratio of 2.46 and a beta of 0.75.

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

FactSet Research Systems Announces Dividend

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

FactSet Research Systems announced that its board has authorized a share repurchase program on Thursday, December 18th that authorizes the company to buyback $600.00 million in outstanding shares. This buyback authorization authorizes the business services provider to buy up to 5.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling at FactSet Research Systems

In other news, Director Laurie Siegel sold 2,572 shares of the stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $296.25, for a total value of $761,955.00. Following the transaction, the director owned 1,037 shares in the company, valued at approximately $307,211.25. This represents a 71.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 value of $760,540.40. Following the sale, the director owned 879 shares of the company’s stock, valued at approximately $259,920.30. The trade was a 74.53% decrease in their position. The SEC filing for this sale provides additional information. 1.20% of the stock is owned by insiders.

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.