Insider Buying: FactSet Research Systems (NYSE:FDS) Insider Buys $100,112.22 in Stock

FactSet Research Systems Inc. (NYSE:FDS) insider Christopher Mcloughlin acquired 338 shares of the stock in a transaction on Tuesday, September 23rd. The shares were bought at an average price of $296.19 per share, for a total transaction of $100,112.22. Following the purchase, the insider owned 3,446 shares in the company, valued at approximately $1,020,670.74. This trade represents a 10.88% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

FactSet Research Systems Price Performance

FactSet Research Systems stock opened at $289.71 on Friday. The stock’s fifty day moving average price is $369.62 and its two-hundred day moving average price is $414.68. FactSet Research Systems Inc. has a one year low of $282.01 and a one year high of $499.87. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.40 and a quick ratio of 1.47. The firm has a market cap of $10.95 billion, a PE ratio of 18.63, a price-to-earnings-growth ratio of 2.14 and a beta of 0.84.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Thursday, September 18th. The business services provider reported $4.05 EPS for the quarter, missing analysts’ consensus estimates of $4.13 by ($0.08). The company had revenue of $596.90 million for the quarter, compared to the consensus estimate of $593.32 million. FactSet Research Systems had a return on equity of 31.06% and a net margin of 25.72%.FactSet Research Systems’s revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the business earned $3.74 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, research analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders 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 of this dividend was Friday, August 29th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 28.30%.

Analysts Set New Price Targets

FDS has been the topic of a number of research analyst reports. UBS Group raised FactSet Research Systems from a “neutral” rating to a “buy” rating and reduced their target price for the company from $480.00 to $425.00 in a report on Monday, September 22nd. BMO Capital Markets reduced their target price on FactSet Research Systems from $452.00 to $324.00 and set a “market perform” rating on the stock in a report on Friday, September 19th. Rothschild & Co Redburn raised FactSet Research Systems from a “sell” rating to a “neutral” rating and reduced their target price for the company from $415.00 to $370.00 in a report on Friday, September 12th. Stifel Nicolaus reduced their target price on FactSet Research Systems from $464.00 to $372.00 and set a “hold” rating on the stock in a report on Friday, September 19th. Finally, Raymond James Financial raised FactSet Research Systems from an “underperform” rating to a “market perform” rating in a report on Thursday, June 26th. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $359.10.

Institutional Investors Weigh In On FactSet Research Systems

Hedge funds have recently modified their holdings of the company. Crossmark Global Holdings Inc. boosted its holdings in shares of FactSet Research Systems by 4.9% during the 1st quarter. Crossmark Global Holdings Inc. now owns 809 shares of the business services provider’s stock valued at $368,000 after acquiring an additional 38 shares in the last quarter. QRG Capital Management Inc. lifted its holdings in FactSet Research Systems by 4.7% during the 1st quarter. QRG Capital Management Inc. now owns 1,339 shares of the business services provider’s stock worth $609,000 after buying an additional 60 shares during the period. PineStone Asset Management Inc. lifted its holdings in FactSet Research Systems by 8.8% during the 2nd quarter. PineStone Asset Management Inc. now owns 380,459 shares of the business services provider’s stock worth $170,172,000 after buying an additional 30,881 shares during the period. Bessemer Group Inc. lifted its holdings in FactSet Research Systems by 284.3% during the 1st quarter. Bessemer Group Inc. now owns 1,176 shares of the business services provider’s stock worth $535,000 after buying an additional 870 shares during the period. Finally, Teacher Retirement System of Texas acquired a new position in FactSet Research Systems during the 1st quarter worth about $2,528,000. Institutional investors and hedge funds own 91.24% 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.