Strong Tower Advisory Services Purchases 2,106 Shares of FactSet Research Systems Inc. $FDS

Strong Tower Advisory Services lifted its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 31.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,711 shares of the business services provider’s stock after acquiring an additional 2,106 shares during the quarter. Strong Tower Advisory Services’ holdings in FactSet Research Systems were worth $2,496,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. ORG Partners LLC boosted its stake in FactSet Research Systems by 13.9% in the second quarter. ORG Partners LLC now owns 205 shares of the business services provider’s stock worth $93,000 after purchasing an additional 25 shares in the last quarter. Valmark Advisers Inc. raised its stake in shares of FactSet Research Systems by 1.3% in the second quarter. Valmark Advisers Inc. now owns 1,970 shares of the business services provider’s stock worth $881,000 after acquiring an additional 26 shares during the last quarter. Huntington National Bank lifted its position in shares of FactSet Research Systems by 10.0% during the second quarter. Huntington National Bank now owns 320 shares of the business services provider’s stock worth $143,000 after purchasing an additional 29 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of FactSet Research Systems by 0.4% in the second quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider’s stock valued at $3,071,000 after purchasing an additional 30 shares in the last quarter. Finally, ICW Investment Advisors LLC raised its position in FactSet Research Systems by 0.7% in the 1st quarter. ICW Investment Advisors LLC now owns 4,666 shares of the business services provider’s stock worth $2,122,000 after purchasing an additional 32 shares during the last quarter. 91.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have commented on the company. Jefferies Financial Group reiterated a “hold” rating and issued a $305.00 price objective on shares of FactSet Research Systems in a research report on Friday. Barclays dropped their price objective on FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating for the company in a report on Friday, September 19th. Rothschild & Co Redburn upgraded shares of FactSet Research Systems from a “sell” rating to a “neutral” rating and lowered their price target for the stock from $415.00 to $370.00 in a research report on Friday, September 12th. Raymond James Financial restated a “market perform” rating on shares of FactSet Research Systems in a report on Thursday, December 18th. Finally, 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 research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Reduce” and a consensus price target of $313.17.

FactSet Research Systems Stock Performance

FDS stock opened at $290.67 on Wednesday. FactSet Research Systems Inc. has a 1-year low of $250.50 and a 1-year high of $493.00. The company has a current ratio of 1.54, a quick ratio of 1.40 and a debt-to-equity ratio of 0.63. The firm has a market cap of $10.88 billion, a PE ratio of 18.49, a P/E/G ratio of 2.66 and a beta of 0.75. The business’s 50-day moving average price is $279.27 and its two-hundred day moving average price is $344.60.

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

FactSet Research Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Friday, November 28th were paid a $1.10 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a $4.40 annualized dividend and a dividend yield of 1.5%. FactSet Research Systems’s dividend payout ratio (DPR) is currently 27.99%.

FactSet Research Systems announced that its Board of Directors has initiated 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 reacquire up to 5.4% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

Insider Transactions at FactSet Research Systems

In other FactSet Research Systems news, EVP Helen L. Shan bought 370 shares of the firm’s stock in a transaction that occurred on 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 transaction, the executive vice president owned 9,284 shares in the company, valued at approximately $2,557,556.32. This trade represents a 4.15% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Goran Skoko bought 500 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was bought at an average cost of $252.93 per share, for a total transaction 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. The trade was a 5.75% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.20% of the company’s stock.

FactSet Research Systems Profile

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.