Callan Family Office LLC Purchases 7,965 Shares of FactSet Research Systems Inc. $FDS

Callan Family Office LLC lifted its position in FactSet Research Systems Inc. (NYSE:FDS) by 1,069.1% during the 2nd quarter, Holdings Channel reports. The firm owned 8,710 shares of the business services provider’s stock after acquiring an additional 7,965 shares during the period. Callan Family Office LLC’s holdings in FactSet Research Systems were worth $3,896,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in FDS. SouthState Corp boosted its holdings in FactSet Research Systems by 1,400.0% in the first quarter. SouthState Corp now owns 60 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 56 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in FactSet Research Systems by 4,200.0% in the first quarter. Caitong International Asset Management Co. Ltd now owns 86 shares of the business services provider’s stock valued at $39,000 after acquiring an additional 84 shares in the last quarter. WPG Advisers LLC bought a new stake in FactSet Research Systems in the first quarter valued at $41,000. Bank of Jackson Hole Trust boosted its holdings in FactSet Research Systems by 187.9% in the first quarter. Bank of Jackson Hole Trust now owns 95 shares of the business services provider’s stock valued at $44,000 after acquiring an additional 62 shares in the last quarter. Finally, Golden State Wealth Management LLC boosted its holdings in FactSet Research Systems by 800.0% in the first quarter. Golden State Wealth Management LLC now owns 99 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 88 shares in the last quarter. Institutional investors own 91.24% of the company’s stock.

Insider Transactions at FactSet Research Systems

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

FactSet Research Systems Price Performance

FDS opened at $282.99 on Friday. The stock has a 50-day moving average price of $343.56 and a 200-day moving average price of $404.29. 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 market cap of $10.70 billion, a PE ratio of 18.20, a P/E/G ratio of 2.09 and a beta of 0.79. FactSet Research Systems Inc. has a 1 year low of $272.50 and a 1 year high of $499.87.

FactSet Research Systems (NYSE:FDS) last posted its quarterly 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). The company 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%.FactSet Research Systems’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.74 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Sell-side analysts predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Friday, August 29th were given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, August 29th. FactSet Research Systems’s payout ratio is currently 28.30%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on FDS shares. Wells Fargo & Company cut their price target on shares of FactSet Research Systems from $355.00 to $296.00 and set an “underweight” rating on the stock in a report on Friday, September 19th. Stifel Nicolaus cut their price target on shares of FactSet Research Systems from $464.00 to $372.00 and set a “hold” rating on the stock in a report on Friday, September 19th. Royal Bank Of Canada reissued a “sector perform” rating and set a $503.00 price objective on shares of FactSet Research Systems in a research report on Friday, June 20th. Evercore ISI lowered their price objective on 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. Finally, Rothschild & Co Redburn raised FactSet Research Systems from a “sell” rating to a “neutral” rating and lowered their price objective for the company from $415.00 to $370.00 in a research report on Friday, September 12th. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, FactSet Research Systems presently has a consensus rating of “Reduce” and an average target price of $356.78.

About FactSet Research Systems

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.