FactSet Research Systems (NYSE:FDS) Director Malcolm Frank Sells 2,572 Shares

FactSet Research Systems Inc. (NYSE:FDSGet Free Report) Director Malcolm Frank sold 2,572 shares of the firm’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 transaction of $760,540.40. Following the completion of the transaction, the director directly owned 879 shares in the company, valued at approximately $259,920.30. The trade was a 74.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

FactSet Research Systems Trading Up 1.4%

Shares of FactSet Research Systems stock traded up $4.00 during trading on Wednesday, hitting $295.77. The stock had a trading volume of 449,537 shares, compared to its average volume of 509,604. The firm’s fifty day simple moving average is $282.56 and its 200-day simple moving average is $330.09. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.54 and a quick ratio of 1.54. FactSet Research Systems Inc. has a 12 month low of $250.50 and a 12 month high of $477.92. The stock has a market cap of $10.97 billion, a PE ratio of 18.81, a PEG ratio of 2.71 and a beta of 0.75.

FactSet Research Systems (NYSE:FDSGet Free Report) last released its quarterly 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 analysts’ expectations of $599.69 million. During the same period last year, the business posted $4.37 earnings per share. The firm’s revenue was up 6.8% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, sell-side analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors 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 yield of 1.5%. FactSet Research Systems’s payout ratio is currently 27.99%.

FactSet Research Systems declared that its Board of Directors has approved a stock buyback plan 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 repurchase up to 5.4% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its stock is undervalued.

Institutional Trading of FactSet Research Systems

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. ORG Partners LLC lifted its stake in FactSet Research Systems by 13.9% during the 2nd quarter. ORG Partners LLC now owns 205 shares of the business services provider’s stock valued at $93,000 after acquiring an additional 25 shares in the last quarter. Valmark Advisers Inc. raised its stake in FactSet Research Systems by 1.3% during the second quarter. Valmark Advisers Inc. now owns 1,970 shares of the business services provider’s stock valued at $881,000 after buying an additional 26 shares during the last quarter. Huntington National Bank grew its position in FactSet Research Systems by 10.0% in the 2nd quarter. Huntington National Bank now owns 320 shares of the business services provider’s stock worth $143,000 after purchasing an additional 29 shares during the period. Daiwa Securities Group Inc. grew its position in shares of FactSet Research Systems by 0.4% during the second quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider’s stock worth $3,071,000 after purchasing an additional 30 shares in the last quarter. Finally, Claret Asset Management Corp lifted its holdings in shares of FactSet Research Systems by 7.0% in the 2nd quarter. Claret Asset Management Corp now owns 532 shares of the business services provider’s stock worth $238,000 after acquiring an additional 35 shares during the last quarter. Institutional investors own 91.24% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on FDS shares. Zacks Research raised FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Evercore ISI upped their price target on shares of FactSet Research Systems from $320.00 to $321.00 and gave the stock an “in-line” rating in a research report on Thursday, January 8th. Raymond James Financial reiterated a “market perform” rating on shares of FactSet Research Systems in a research report on Thursday, December 18th. The Goldman Sachs Group lowered their target price on FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating on the stock in a research note on Friday, December 19th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of FactSet Research Systems in a research report on Monday, December 29th. 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 given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $313.00.

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About FactSet Research Systems

(Get Free Report)

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.

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