Strong Tower Advisory Services Has $2.50 Million Holdings in FactSet Research Systems Inc. $FDS

Strong Tower Advisory Services raised its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 31.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,711 shares of the business services provider’s stock after buying 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 quarter.

Several other institutional investors have also made changes to their positions in the company. Jump Financial LLC grew its holdings in shares of FactSet Research Systems by 1,089.8% during the first quarter. Jump Financial LLC now owns 6,056 shares of the business services provider’s stock valued at $2,753,000 after buying an additional 5,547 shares in the last quarter. Walleye Trading LLC grew its holdings in shares of FactSet Research Systems by 609.0% during the 1st quarter. Walleye Trading LLC now owns 709 shares of the business services provider’s stock valued at $322,000 after acquiring an additional 609 shares in the last quarter. Comerica Bank grew its stake in FactSet Research Systems by 12.7% in the first quarter. Comerica Bank now owns 12,419 shares of the business services provider’s stock valued at $5,646,000 after purchasing an additional 1,403 shares in the last quarter. FORA Capital LLC purchased a new position in FactSet Research Systems in the first quarter valued at about $2,612,000. Finally, Gabelli Funds LLC raised its stake in shares of FactSet Research Systems by 238.4% during the 1st quarter. Gabelli Funds LLC now owns 15,230 shares of the business services provider’s stock worth $6,924,000 after purchasing an additional 10,730 shares in the last quarter. 91.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on FDS shares. Huber Research raised FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, December 19th. Zacks Research upgraded shares of FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. UBS Group reiterated a “buy” rating on shares of FactSet Research Systems in a report on Friday. Wells Fargo & Company lowered their price objective on FactSet Research Systems from $296.00 to $260.00 and set an “underweight” rating on the stock in a report on Friday, December 5th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of FactSet Research Systems in a report on Monday. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have assigned a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $313.17.

Insider Transactions at FactSet Research Systems

In related news, EVP Helen L. Shan acquired 370 shares of the firm’s stock in a transaction on Monday, October 6th. The shares were bought at an average cost of $275.48 per share, with a total value of $101,927.60. Following the completion of the acquisition, the executive vice president owned 9,284 shares of the company’s stock, valued at $2,557,556.32. This trade represents a 4.15% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Goran Skoko bought 500 shares of the company’s stock in a transaction dated Thursday, November 6th. The stock was bought at an average cost of $252.93 per share, with a total value of $126,465.00. Following the completion of the acquisition, the executive vice president owned 9,192 shares in the company, valued at $2,324,932.56. This represents a 5.75% increase in their position. The SEC filing for this purchase provides additional information. 1.20% of the stock is currently owned by company insiders.

FactSet Research Systems Stock Down 0.1%

Shares of FDS opened at $290.67 on Wednesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.40 and a current ratio of 1.54. The company has a 50-day simple moving average of $279.27 and a 200-day simple moving average of $344.60. FactSet Research Systems Inc. has a 52 week low of $250.50 and a 52 week high of $493.00. The firm has a market capitalization of $10.88 billion, a P/E ratio of 18.49, a P/E/G ratio of 2.66 and a beta of 0.75.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Thursday, December 18th. The business services provider reported $4.51 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $607.62 million during the quarter, compared to analysts’ expectations of $599.69 million. During the same quarter in the prior year, the firm posted $4.37 EPS. The company’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. On average, equities research analysts expect that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Friday, November 28th were paid 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 1.5%. FactSet Research Systems’s dividend payout ratio is currently 27.99%.

FactSet Research Systems announced that its Board of Directors has approved a stock buyback plan on Thursday, December 18th that permits the company to repurchase $600.00 million in outstanding shares. This repurchase authorization permits the business services provider to buy up to 5.4% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are 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.