FactSet Research Systems Inc. $FDS Shares Bought by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC raised its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 0.5% during the second quarter, Holdings Channel reports. The institutional investor owned 20,418 shares of the business services provider’s stock after buying an additional 98 shares during the period. Chevy Chase Trust Holdings LLC’s holdings in FactSet Research Systems were worth $9,133,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Alps Advisors Inc. increased its position in shares of FactSet Research Systems by 3.1% during the first quarter. Alps Advisors Inc. now owns 822 shares of the business services provider’s stock worth $374,000 after purchasing an additional 25 shares in the last quarter. Integrated Investment Consultants LLC increased its position in shares of FactSet Research Systems by 0.8% during the first quarter. Integrated Investment Consultants LLC now owns 3,056 shares of the business services provider’s stock worth $1,389,000 after purchasing an additional 25 shares in the last quarter. Horizon Investments LLC increased its position in shares of FactSet Research Systems by 4.8% during the first quarter. Horizon Investments LLC now owns 544 shares of the business services provider’s stock worth $247,000 after purchasing an additional 25 shares in the last quarter. ORG Partners LLC increased its position in shares of FactSet Research Systems by 13.9% during the second quarter. ORG Partners LLC now owns 205 shares of the business services provider’s stock worth $93,000 after purchasing an additional 25 shares in the last quarter. Finally, Valmark Advisers Inc. increased its position in shares of FactSet Research Systems by 1.3% during the second quarter. Valmark Advisers Inc. now owns 1,970 shares of the business services provider’s stock worth $881,000 after purchasing an additional 26 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Rothschild & Co Redburn upgraded FactSet Research Systems from a “sell” rating to a “neutral” rating and cut their target price for the stock from $415.00 to $370.00 in a research report on Friday, September 12th. Barclays cut their target price on FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating on the stock in a research report on Friday, September 19th. Huber Research upgraded FactSet Research Systems to a “strong sell” rating in a research report on Friday, September 19th. Morgan Stanley dropped their price target on 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. Finally, Zacks Research cut FactSet Research Systems from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 23rd. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, FactSet Research Systems has an average rating of “Reduce” and a consensus price target of $356.78.

FactSet Research Systems Stock Performance

Shares of FDS stock opened at $286.81 on Monday. The stock has a market capitalization of $10.84 billion, a PE ratio of 18.44, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. FactSet Research Systems Inc. has a 52-week low of $272.50 and a 52-week high of $499.87. The stock’s 50-day moving average price is $333.08 and its 200 day moving average price is $397.92. The company has a quick ratio of 1.47, a current ratio of 1.40 and a debt-to-equity ratio of 0.63.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, September 18th. The business services provider reported $4.05 earnings per share for the quarter, missing analysts’ consensus estimates 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 business had revenue of $596.90 million during the quarter, compared to analysts’ expectations of $593.32 million. During the same period in the prior year, the firm posted $3.74 EPS. FactSet Research Systems’s revenue for the quarter was up 6.2% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, equities research analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Friday, August 29th were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, August 29th. FactSet Research Systems’s payout ratio is currently 28.30%.

Insider Buying and Selling

In other FactSet Research Systems news, EVP Helen L. Shan acquired 370 shares of the stock in a transaction on Monday, October 6th. The shares were bought at an average price of $275.48 per share, with a total value of $101,927.60. Following the acquisition, the executive vice president owned 9,284 shares of the company’s stock, valued at $2,557,556.32. This trade represents a 4.15% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Christopher Mcloughlin acquired 338 shares of the stock in a transaction on Tuesday, September 23rd. The stock was acquired at an average cost of $296.19 per share, for a total transaction of $100,112.22. Following the acquisition, the insider directly owned 3,446 shares in the company, valued at $1,020,670.74. This represents a 10.88% increase in their position. The disclosure for this purchase can be found here. 1.10% of the stock is currently owned by insiders.

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.