FactSet Research Systems Inc. $FDS Shares Bought by Whittier Trust Co.

Whittier Trust Co. raised its position in FactSet Research Systems Inc. (NYSE:FDS) by 2.4% in the 2nd quarter, Holdings Channel.com reports. The fund owned 20,774 shares of the business services provider’s stock after acquiring an additional 491 shares during the quarter. Whittier Trust Co.’s holdings in FactSet Research Systems were worth $9,291,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Truist Financial Corp boosted its stake in FactSet Research Systems by 0.5% in the second quarter. Truist Financial Corp now owns 22,313 shares of the business services provider’s stock valued at $9,980,000 after acquiring an additional 114 shares in the last quarter. Vest Financial LLC boosted its stake in FactSet Research Systems by 8.8% in the second quarter. Vest Financial LLC now owns 125,526 shares of the business services provider’s stock valued at $56,145,000 after acquiring an additional 10,172 shares in the last quarter. Crossmark Global Holdings Inc. boosted its stake in FactSet Research Systems by 4.9% in the first 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. PineStone Asset Management Inc. boosted its stake in FactSet Research Systems by 8.8% in the second quarter. PineStone Asset Management Inc. now owns 380,459 shares of the business services provider’s stock valued at $170,172,000 after acquiring an additional 30,881 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in FactSet Research Systems by 14.1% in the second quarter. State of Alaska Department of Revenue now owns 14,690 shares of the business services provider’s stock valued at $6,569,000 after acquiring an additional 1,810 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on FDS. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of FactSet Research Systems in a report on Wednesday, October 8th. UBS Group raised shares of FactSet Research Systems from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $480.00 to $425.00 in a report on Monday, September 22nd. Barclays decreased their price target on shares of FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating for the company in a report on Friday, September 19th. Rothschild Redb raised shares of FactSet Research Systems from a “strong sell” rating to a “hold” rating in a report on Friday, September 12th. Finally, Huber Research raised shares of FactSet Research Systems to a “strong sell” rating in a report on Friday, September 19th. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $356.78.

FactSet Research Systems Trading Up 1.4%

Shares of FactSet Research Systems stock opened at $294.36 on Wednesday. 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 fifty day moving average price of $329.82 and a 200 day moving average price of $396.34. FactSet Research Systems Inc. has a 1 year low of $272.50 and a 1 year high of $499.87. The stock has a market cap of $11.04 billion, a PE ratio of 18.93, a price-to-earnings-growth ratio of 2.15 and a beta of 0.79.

FactSet Research Systems (NYSE:FDS) last issued its earnings results 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 return on equity of 31.06% and a net margin of 25.72%.The business had revenue of $596.90 million for the quarter, compared to analysts’ expectations of $593.32 million. During the same period last year, the business earned $3.74 EPS. The company’s revenue for the quarter 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. Equities research analysts predict 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. Investors of record on Friday, August 29th were issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend 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 28.30%.

Insider Buying and Selling at FactSet Research Systems

In other news, EVP Helen L. Shan purchased 370 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The shares were bought at an average price of $275.48 per share, for a total transaction of $101,927.60. Following the completion of the transaction, the executive vice president owned 9,284 shares in the company, valued at $2,557,556.32. This represents a 4.15% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Christopher Mcloughlin purchased 338 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were purchased at an average price of $296.19 per share, for a total transaction of $100,112.22. Following the transaction, the insider owned 3,446 shares of the company’s stock, valued at $1,020,670.74. This trade represents a 10.88% increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.10% of the company’s stock.

FactSet Research Systems Profile

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.