J. Safra Sarasin Holding AG Has $2.39 Million Stake in FactSet Research Systems Inc. $FDS

J. Safra Sarasin Holding AG grew its position in FactSet Research Systems Inc. (NYSE:FDS) by 155.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,341 shares of the business services provider’s stock after purchasing an additional 3,251 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in FactSet Research Systems were worth $2,389,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. ASR Vermogensbeheer N.V. raised its position in shares of FactSet Research Systems by 26.3% in the second quarter. ASR Vermogensbeheer N.V. now owns 1,422 shares of the business services provider’s stock valued at $636,000 after buying an additional 296 shares in the last quarter. Naples Global Advisors LLC raised its position in shares of FactSet Research Systems by 6.1% in the second quarter. Naples Global Advisors LLC now owns 4,527 shares of the business services provider’s stock valued at $2,025,000 after buying an additional 259 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of FactSet Research Systems by 12.9% in the second quarter. Robeco Institutional Asset Management B.V. now owns 3,539 shares of the business services provider’s stock valued at $1,583,000 after buying an additional 404 shares in the last quarter. Ninety One North America Inc. raised its position in shares of FactSet Research Systems by 42.7% in the second quarter. Ninety One North America Inc. now owns 84,686 shares of the business services provider’s stock valued at $37,878,000 after buying an additional 25,344 shares in the last quarter. Finally, Pacific Point Advisors LLC raised its position in shares of FactSet Research Systems by 6.4% in the second quarter. Pacific Point Advisors LLC now owns 3,237 shares of the business services provider’s stock valued at $1,448,000 after buying an additional 195 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Price Performance

FDS stock opened at $282.44 on Friday. The company has a 50 day simple moving average of $356.24 and a 200 day simple moving average of $409.65. The stock has a market cap of $10.68 billion, a price-to-earnings ratio of 18.16, a P/E/G ratio of 2.08 and a beta of 0.79. FactSet Research Systems Inc. has a 1 year low of $280.03 and a 1 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.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Thursday, September 18th. The business services provider reported $4.05 earnings per share (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 analyst estimates 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 for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.74 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Research analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Friday, August 29th were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, August 29th. FactSet Research Systems’s dividend payout ratio is currently 28.30%.

Insider Activity at FactSet Research Systems

In related news, CAO Gregory T. Moskoff sold 2,500 shares of FactSet Research Systems stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $442.60, for a total transaction of $1,106,500.00. Following the sale, the chief accounting officer directly owned 44 shares in the company, valued at $19,474.40. This trade represents a 98.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Christopher Mcloughlin bought 338 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were acquired at an average price of $296.19 per share, for a total transaction of $100,112.22. Following the completion of the transaction, the insider owned 3,446 shares in the company, valued at $1,020,670.74. This trade represents a 10.88% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 13,031 shares of company stock valued at $5,825,481 in the last quarter. 1.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on FDS shares. Wells Fargo & Company dropped their price target on shares of FactSet Research Systems from $355.00 to $296.00 and set an “underweight” rating for the company in a research report on Friday, September 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of FactSet Research Systems in a research report on Saturday, September 27th. Zacks Research lowered shares of FactSet Research Systems from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 23rd. Royal Bank Of Canada reiterated a “sector perform” rating and set a $503.00 price target on shares of FactSet Research Systems in a research report on Friday, June 20th. Finally, UBS Group upgraded shares of FactSet Research Systems from a “neutral” rating to a “buy” rating and reduced their price target for the stock from $480.00 to $425.00 in a research report on Monday, September 22nd. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $359.10.

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.