JFS Wealth Advisors LLC Cuts Stock Holdings in FactSet Research Systems Inc. $FDS

JFS Wealth Advisors LLC lowered its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 50.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 183 shares of the business services provider’s stock after selling 189 shares during the quarter. JFS Wealth Advisors LLC’s holdings in FactSet Research Systems were worth $82,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. SouthState Corp increased its position in shares of FactSet Research Systems by 1,400.0% during the first quarter. SouthState Corp now owns 60 shares of the business services provider’s stock worth $27,000 after acquiring an additional 56 shares during the period. Caitong International Asset Management Co. Ltd increased its position in shares of FactSet Research Systems by 4,200.0% during the first quarter. Caitong International Asset Management Co. Ltd now owns 86 shares of the business services provider’s stock worth $39,000 after acquiring an additional 84 shares during the period. WPG Advisers LLC purchased a new position in FactSet Research Systems in the first quarter valued at $41,000. Bank of Jackson Hole Trust increased its holdings in FactSet Research Systems by 187.9% in the first quarter. Bank of Jackson Hole Trust now owns 95 shares of the business services provider’s stock valued at $44,000 after buying an additional 62 shares during the last quarter. Finally, Golden State Wealth Management LLC increased its holdings in FactSet Research Systems by 800.0% in the first quarter. Golden State Wealth Management LLC now owns 99 shares of the business services provider’s stock valued at $45,000 after buying an additional 88 shares during the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Insider Transactions at FactSet Research Systems

In other news, Director James J. Mcgonigle sold 2,925 shares of the stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $451.39, for a total transaction of $1,320,315.75. Following the completion of the sale, the director owned 4,461 shares in the company, valued at approximately $2,013,650.79. This represents a 39.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Helen L. Shan bought 370 shares of the firm’s stock in a transaction dated Monday, October 6th. The shares were acquired at an average price of $275.48 per share, with a total value of $101,927.60. Following the purchase, the executive vice president directly owned 9,284 shares of the company’s stock, valued at approximately $2,557,556.32. This trade represents a 4.15% increase in their position. The disclosure for this purchase can be found here. Insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on FDS. Rothschild Redb raised FactSet Research Systems from a “strong sell” rating to a “hold” rating in a report on Friday, September 12th. BMO Capital Markets dropped 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. Royal Bank Of Canada reissued a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a report on Friday, June 20th. Evercore ISI dropped their target price on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating on the stock in a report on Friday, September 19th. Finally, UBS Group raised FactSet Research Systems from a “neutral” rating to a “buy” rating and dropped their target price for the company from $480.00 to $425.00 in a report on Monday, September 22nd. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, FactSet Research Systems presently has a consensus rating of “Reduce” and a consensus price target of $356.78.

FactSet Research Systems Stock Performance

NYSE FDS opened at $282.99 on Friday. 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 Inc. has a 1 year low of $272.50 and a 1 year high of $499.87. The company has a market capitalization of $10.70 billion, a PE ratio of 18.20, a P/E/G ratio of 2.09 and a beta of 0.79. The company has a fifty day moving average of $343.56 and a two-hundred day moving average of $404.04.

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 the consensus estimate of $4.13 by ($0.08). FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The company had revenue of $596.90 million during the quarter, compared to analyst estimates of $593.32 million. During the same quarter in the prior year, the company earned $3.74 EPS. The business’s revenue was up 6.2% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, analysts expect that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Announces Dividend

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

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.