Everett Harris & Co. CA Decreases Holdings in FactSet Research Systems Inc. $FDS

Everett Harris & Co. CA decreased its position in FactSet Research Systems Inc. (NYSE:FDS) by 1.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 145,982 shares of the business services provider’s stock after selling 2,379 shares during the quarter. FactSet Research Systems accounts for 0.8% of Everett Harris & Co. CA’s portfolio, making the stock its 25th largest position. Everett Harris & Co. CA’s holdings in FactSet Research Systems were worth $65,295,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Forsta AP Fonden raised its stake in shares of FactSet Research Systems by 3.1% during the second quarter. Forsta AP Fonden now owns 13,300 shares of the business services provider’s stock worth $5,949,000 after acquiring an additional 400 shares in the last quarter. National Pension Service boosted its stake in shares of FactSet Research Systems by 340.1% in the 2nd quarter. National Pension Service now owns 603 shares of the business services provider’s stock valued at $270,000 after purchasing an additional 466 shares in the last quarter. Illinois Municipal Retirement Fund boosted its stake in shares of FactSet Research Systems by 211.4% in the 2nd quarter. Illinois Municipal Retirement Fund now owns 17,304 shares of the business services provider’s stock valued at $7,740,000 after purchasing an additional 11,747 shares in the last quarter. ProShare Advisors LLC grew its holdings in shares of FactSet Research Systems by 3.0% during the 2nd quarter. ProShare Advisors LLC now owns 383,543 shares of the business services provider’s stock valued at $171,551,000 after purchasing an additional 11,235 shares during the last quarter. Finally, PFG Advisors raised its position in FactSet Research Systems by 4,209.8% in the 2nd quarter. PFG Advisors now owns 192,000 shares of the business services provider’s stock worth $85,878,000 after purchasing an additional 187,545 shares during the period. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Stock Up 2.4%

NYSE FDS opened at $271.52 on Wednesday. FactSet Research Systems Inc. has a 1 year low of $250.50 and a 1 year high of $499.87. The stock has a market capitalization of $10.16 billion, a PE ratio of 17.46, a PEG ratio of 2.73 and a beta of 0.77. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.40 and a quick ratio of 1.40. The business’s 50-day moving average is $298.64 and its 200 day moving average is $380.21.

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 business had revenue of $596.90 million during the quarter, compared to analysts’ expectations of $593.32 million. FactSet Research Systems had a return on equity of 31.06% and a net margin of 25.72%.The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the business posted $3.74 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Sell-side analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Friday, November 28th will be issued a $1.10 dividend. The ex-dividend date is Friday, November 28th. This represents a $4.40 annualized dividend and a yield of 1.6%. FactSet Research Systems’s payout ratio is 28.30%.

Wall Street Analysts Forecast Growth

FDS has been the subject of several recent research reports. Rothschild & Co Redburn raised shares of FactSet Research Systems from a “sell” rating to a “neutral” rating and lowered their price target for the stock from $415.00 to $370.00 in a research note on Friday, September 12th. Morgan Stanley decreased their price objective on FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating on the stock in a report on Friday, September 19th. Rothschild Redb upgraded FactSet Research Systems from a “strong sell” rating to a “hold” rating in a report on Friday, September 12th. Wells Fargo & Company reduced their price target on FactSet Research Systems from $355.00 to $296.00 and set an “underweight” rating on the stock in a research report on Friday, September 19th. Finally, Evercore ISI decreased their price target on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating on the stock in a research note on Friday, September 19th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $356.78.

Insider Buying and Selling at FactSet Research Systems

In related news, insider Christopher Mcloughlin bought 338 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The shares were purchased at an average price of $296.19 per share, with a total value of $100,112.22. Following the purchase, the insider owned 3,446 shares of the company’s stock, valued at approximately $1,020,670.74. This trade represents a 10.88% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Helen L. Shan purchased 370 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The stock was bought at an average cost of $275.48 per share, with a total value of $101,927.60. Following the completion of the purchase, the executive vice president owned 9,284 shares of the company’s stock, valued at $2,557,556.32. This represents a 4.15% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 1,208 shares of company stock valued at $328,505. 1.20% of the stock is currently owned by company insiders.

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.