FactSet Research Systems Inc. $FDS Stock Holdings Lowered by Advisors Preferred LLC

Advisors Preferred LLC lowered its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 46.9% in the 2nd quarter, Holdings Channel reports. The fund owned 825 shares of the business services provider’s stock after selling 728 shares during the period. Advisors Preferred LLC’s holdings in FactSet Research Systems were worth $371,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Truist Financial Corp raised its holdings in 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 worth $9,980,000 after buying an additional 114 shares during the period. Vest Financial LLC increased its holdings in shares of FactSet Research Systems by 8.8% in 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 period. Crossmark Global Holdings Inc. increased its holdings in shares of FactSet Research Systems by 4.9% in 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 period. PineStone Asset Management Inc. increased its holdings in FactSet Research Systems by 8.8% in the second quarter. PineStone Asset Management Inc. now owns 380,459 shares of the business services provider’s stock worth $170,172,000 after buying an additional 30,881 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its holdings in FactSet Research Systems by 14.1% in the second quarter. State of Alaska Department of Revenue now owns 14,690 shares of the business services provider’s stock worth $6,569,000 after buying an additional 1,810 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Insider Buying and Selling at FactSet Research Systems

In related news, insider Christopher Mcloughlin acquired 338 shares of the company’s stock in a transaction on Tuesday, September 23rd. The stock was purchased at an average cost of $296.19 per share, for a total transaction of $100,112.22. Following the completion of the purchase, the insider directly owned 3,446 shares of the company’s stock, valued at $1,020,670.74. The trade was a 10.88% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Helen L. Shan acquired 370 shares of the company’s 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 completion of the purchase, the executive vice president directly owned 9,284 shares of the company’s stock, valued at approximately $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. Corporate insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Rothschild & Co Redburn raised FactSet Research Systems from a “sell” rating to a “neutral” rating and decreased their target price for the stock from $415.00 to $370.00 in a research report on Friday, September 12th. BMO Capital Markets decreased their target price on FactSet Research Systems from $452.00 to $324.00 and set a “market perform” rating for the company in a research report on Friday, September 19th. UBS Group raised FactSet Research Systems from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $480.00 to $425.00 in a research report on Monday, September 22nd. Rothschild Redb raised FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research report on Friday, September 12th. Finally, Morgan Stanley reduced their price objective on FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating for the company in a research report on Friday, September 19th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $356.78.

FactSet Research Systems Stock Down 0.9%

Shares of FDS stock opened at $264.42 on Tuesday. The stock has a market cap of $9.89 billion, a P/E ratio of 17.00, a price-to-earnings-growth ratio of 2.73 and a beta of 0.79. FactSet Research Systems Inc. has a one year low of $260.00 and a one year high of $499.87. The stock has a fifty day moving average price of $312.09 and a 200 day moving average price of $387.01. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.40 and a quick ratio of 1.40.

FactSet Research Systems (NYSE:FDS) last issued its 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). FactSet Research Systems had a return on equity of 31.06% and a net margin of 25.72%.The firm had revenue of $596.90 million during the quarter, compared to the consensus estimate of $593.32 million. During the same period last year, the business earned $3.74 earnings per share. The firm’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. Analysts predict 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 disclosed a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Friday, August 29th were paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.7%. The ex-dividend date was Friday, August 29th. FactSet Research Systems’s dividend payout ratio is currently 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.