Keeler Thomas Management LLC Makes New Investment in FactSet Research Systems Inc. $FDS

Keeler Thomas Management LLC purchased a new position in FactSet Research Systems Inc. (NYSE:FDS) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,748 shares of the business services provider’s stock, valued at approximately $1,229,000.

Other hedge funds have also recently made changes to their positions in the company. Truist Financial Corp raised its position in shares of FactSet Research Systems by 0.5% during the 2nd quarter. Truist Financial Corp now owns 22,313 shares of the business services provider’s stock valued at $9,980,000 after buying an additional 114 shares in the last quarter. Vest Financial LLC grew its holdings in FactSet Research Systems by 8.8% during the 2nd quarter. Vest Financial LLC now owns 125,526 shares of the business services provider’s stock valued at $56,145,000 after purchasing an additional 10,172 shares during the last quarter. Crossmark Global Holdings Inc. grew its holdings in FactSet Research Systems by 4.9% during the 1st quarter. Crossmark Global Holdings Inc. now owns 809 shares of the business services provider’s stock valued at $368,000 after purchasing an additional 38 shares during the last quarter. PineStone Asset Management Inc. grew its holdings in FactSet Research Systems by 8.8% during the 2nd quarter. PineStone Asset Management Inc. now owns 380,459 shares of the business services provider’s stock valued at $170,172,000 after purchasing an additional 30,881 shares during the last quarter. Finally, State of Alaska Department of Revenue grew its holdings in FactSet Research Systems by 14.1% during the 2nd 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 purchasing an additional 1,810 shares during the last quarter. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Christopher Mcloughlin bought 338 shares of the company’s stock in a transaction dated 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 directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Helen L. Shan bought 370 shares of the company’s stock in a transaction dated Monday, October 6th. The stock was bought at an average price of $275.48 per share, for a total transaction of $101,927.60. Following the transaction, the executive vice president 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 ownership of the stock. The disclosure for this purchase can be found here. 1.10% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have commented on FDS. Wells Fargo & Company dropped their target price on shares of FactSet Research Systems from $355.00 to $296.00 and set an “underweight” rating on the stock in a research note on Friday, September 19th. Morgan Stanley dropped their target price on shares of FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating on the stock in a research note on Friday, September 19th. BMO Capital Markets dropped their target price on shares of FactSet Research Systems from $452.00 to $324.00 and set a “market perform” rating on the stock in a research note on Friday, September 19th. Rothschild Redb raised shares of FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research report on Friday, September 12th. Finally, Evercore ISI decreased their target price on shares of FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating for the company in a research report on Friday, September 19th. One 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. According to MarketBeat, FactSet Research Systems presently has a consensus rating of “Reduce” and an average price target of $356.78.

FactSet Research Systems Stock Down 0.6%

FDS stock opened at $285.26 on Friday. The firm has a market cap of $10.69 billion, a PE ratio of 18.34, a P/E/G ratio of 2.93 and a beta of 0.79. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.47 and a current ratio of 1.40. The firm’s fifty day moving average is $324.63 and its 200 day moving average is $394.00. FactSet Research Systems Inc. has a one year low of $272.50 and a one year high of $499.87.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Thursday, September 18th. The business services provider reported $4.05 EPS for the quarter, missing the consensus estimate of $4.13 by ($0.08). The firm had revenue of $596.90 million for the quarter, compared to analyst estimates of $593.32 million. FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.74 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, research analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Friday, August 29th were given a $1.10 dividend. The ex-dividend date was Friday, August 29th. This represents a $4.40 annualized dividend and a dividend yield of 1.5%. FactSet Research Systems’s dividend payout ratio (DPR) is 28.30%.

FactSet Research Systems Company 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.