FactSet Research Systems (NYSE:FDS) EVP Goran Skoko Buys 500 Shares

FactSet Research Systems Inc. (NYSE:FDS) EVP Goran Skoko purchased 500 shares of the company’s stock in a transaction on Thursday, November 6th. The stock was acquired at an average price of $252.93 per share, for a total transaction of $126,465.00. Following the completion of the transaction, the executive vice president owned 9,192 shares of the company’s stock, valued at $2,324,932.56. This represents a 5.75% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

FactSet Research Systems Price Performance

NYSE:FDS traded up $2.57 during trading hours on Monday, reaching $265.17. 688,490 shares of the company’s stock were exchanged, compared to its average volume of 449,547. The company has a market capitalization of $9.92 billion, a P/E ratio of 17.05, a price-to-earnings-growth ratio of 2.73 and a beta of 0.77. FactSet Research Systems Inc. has a 12 month low of $250.50 and a 12 month high of $499.87. The business’s 50-day simple moving average is $302.74 and its two-hundred day simple moving average is $382.44. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.63.

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

FactSet Research Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Friday, November 28th will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a $4.40 dividend on an annualized basis and a yield of 1.7%. FactSet Research Systems’s dividend payout ratio is currently 28.30%.

Institutional Trading of FactSet Research Systems

A number of institutional investors have recently bought and sold shares of the company. First Horizon Corp acquired a new stake in shares of FactSet Research Systems in the third quarter valued at about $25,000. SouthState Corp boosted its stake in FactSet Research Systems by 1,400.0% during the 1st quarter. SouthState Corp now owns 60 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 56 shares during the period. Winnow Wealth LLC acquired a new stake in FactSet Research Systems in the 3rd quarter valued at approximately $28,000. Covestor Ltd grew its holdings in FactSet Research Systems by 53.4% in the 3rd quarter. Covestor Ltd now owns 112 shares of the business services provider’s stock valued at $33,000 after buying an additional 39 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in FactSet Research Systems by 4,200.0% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 86 shares of the business services provider’s stock worth $39,000 after buying an additional 84 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. 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 report on Friday, September 19th. Weiss Ratings lowered shares of FactSet Research Systems from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday. Huber Research raised shares of FactSet Research Systems to a “strong sell” rating in a research note on Friday, September 19th. Rothschild Redb raised FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research report on Friday, September 12th. Finally, Wells Fargo & Company lowered their price target on FactSet Research Systems from $355.00 to $296.00 and set an “underweight” rating on the stock in a report on Friday, September 19th. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and six have issued a Sell rating to the company’s stock. According to MarketBeat, FactSet Research Systems presently has an average rating of “Reduce” and a consensus price target of $356.78.

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.