Vest Financial LLC Boosts Position in FactSet Research Systems Inc. $FDS

Vest Financial LLC grew its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 3.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,100 shares of the business services provider’s stock after purchasing an additional 4,574 shares during the period. Vest Financial LLC’s holdings in FactSet Research Systems were worth $37,272,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in FDS. ORG Partners LLC lifted its position 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 purchasing an additional 25 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in shares of FactSet Research Systems by 1.3% during the 2nd 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 holdings in shares of FactSet Research Systems by 10.0% during the 2nd quarter. Huntington National Bank now owns 320 shares of the business services provider’s stock worth $143,000 after acquiring an additional 29 shares during the last quarter. Daiwa Securities Group Inc. grew its position in 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 worth $3,071,000 after acquiring an additional 30 shares in the last quarter. Finally, Claret Asset Management Corp increased its stake in FactSet Research Systems by 7.0% in the second quarter. Claret Asset Management Corp now owns 532 shares of the business services provider’s stock valued at $238,000 after acquiring an additional 35 shares during the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Wall Street Analysts Forecast Growth

FDS has been the subject of several research analyst reports. Huber Research raised FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, December 19th. Wolfe Research restated an “underperform” rating and issued a $290.00 target price on shares of FactSet Research Systems in a research report on Friday, November 14th. Evercore ISI upped their target price on FactSet Research Systems from $320.00 to $321.00 and gave the stock an “in-line” rating in a research note on Thursday, January 8th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $320.00 price target on shares of FactSet Research Systems in a research report on Friday, December 19th. Finally, Raymond James Financial restated a “market perform” rating on shares of FactSet Research Systems in a report on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $313.00.

Insider Transactions at FactSet Research Systems

In other FactSet Research Systems news, EVP Goran Skoko purchased 500 shares of the firm’s 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 purchase, the executive vice president directly owned 9,192 shares in the company, valued at $2,324,932.56. The trade was a 5.75% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Laurie Siegel sold 2,572 shares of the business’s stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $296.25, for a total value of $761,955.00. Following the completion of the sale, the director directly owned 1,037 shares in the company, valued at approximately $307,211.25. This represents a 71.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.20% of the company’s stock.

FactSet Research Systems Stock Down 2.5%

Shares of FactSet Research Systems stock opened at $281.46 on Wednesday. The company’s 50 day moving average price is $285.10 and its 200-day moving average price is $324.45. FactSet Research Systems Inc. has a 52-week low of $250.50 and a 52-week high of $477.92. The stock has a market capitalization of $10.44 billion, a price-to-earnings ratio of 17.75, a P/E/G ratio of 2.63 and a beta of 0.75. 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 (NYSE:FDS) last announced its earnings results on Thursday, December 18th. The business services provider reported $4.51 EPS for the quarter, beating analysts’ consensus estimates of $4.36 by $0.15. FactSet Research Systems had a return on equity of 30.49% and a net margin of 25.40%.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 prior year, the company earned $4.37 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

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 given a dividend of $1.10 per share. The ex-dividend date was Friday, November 28th. This represents a $4.40 annualized dividend and a dividend yield of 1.6%. FactSet Research Systems’s payout ratio is currently 27.99%.

FactSet Research Systems announced that its Board of Directors has initiated a stock buyback program on Thursday, December 18th that authorizes the company to repurchase $600.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to buy up to 5.4% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

FactSet Research Systems Company 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.